1610 results returned for search: "" category "Business" author David Fox, Business Editor
A new retail showroom for telephone products will be opened today, Phones Plus, in the Church Street Mall, with a few remarks from Chamber of Commerce president David Rowntree.
CEO and co-owner Dave Cardell said the new business intends to fill the v...
DATE: Apr 03, 1998
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AUTHOR:
David Fox, Business Editor
to the former Church Street location of Karl's Department Store, in the Boyle Building.
Co-owner Carol Bromby said that the new location, which opened this week, has a third more floor space than the old premises of 13 years.
"We'd been looking to mo...
DATE: Apr 02, 1998
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AUTHOR:
David Fox, Business Editor
The Bermuda office of Odyssey Re (the former Sphere Drake) has been hit by the departure of two key underwriters.
But top executives are awaiting the result of an ongoing underwriting operational review before deciding on replacements, if necessary.
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DATE: Apr 01, 1998
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David Fox, Business Editor
Fairfax Financial Holdings Ltd., the Toronto-based firm that recently acquired Bermuda and London insurer Sphere Drake, has declared net income after tax of CDN$232.5 million, up 54 percent from the year before.
Fairfax also explained to shareholders...
DATE: Apr 01, 1998
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David Fox, Business Editor
tomorrow takes over as CEO of leading domestic insurer, Argus Insurance Co.
Ltd.
Mr. Simons was appointed CEO-designate last year. His appointment was confirmed by the Argus board and he succeeds E. John Sainsbury, who is retiring after 38 years with...
DATE: Mar 31, 1998
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David Fox, Business Editor
after having taking delivery of additional beer storage tanks, that bring capacity near to 13,000 gallons.
The stainless steel tanks were custom made in Canada with extra insulation to keep the product cold during the hot summer months.
Vice presiden...
DATE: Mar 30, 1998
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AUTHOR:
David Fox, Business Editor
ACE Ltd. and the "A'' (Excellent) ratings of Tempest Reinsurance Co. Ltd. and CAT Ltd., in the aftermath of the ACE deal that is to merge CAT and Tempest Re into a billion dollar property catastrophe reinsurer at Wessex House on Reid Street.
Subject ...
DATE: Mar 30, 1998
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AUTHOR:
David Fox, Business Editor
Safety Insurance Group, Ltd. net earnings for the year to December 31 rose 10.1 percent to $3,211,015 or $1.08 per share.
Net premiums earned shot up 95.4 percent to $8,347,107. Total revenues increased 51.5 percent to $13,489,836.
American Safety pr...
DATE: Mar 30, 1998
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AUTHOR:
David Fox, Business Editor
Bermuda property catastrophe reinsurer, CAT Ltd. for $711 million in cash, subject to regulatory approvals and certain post-closing adjustments.
The latest deal, brings the ACE group to assets of more than $7 billion, including the assets of ACE USA ...
DATE: Mar 27, 1998
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AUTHOR:
David Fox, Business Editor
"inappropriate'' and "grossly improper''.
That position was taken before the Privy Council in London adjourned to consider a ruling in the EMLICO dispute.
The Privy Council was hearing an appeal over three days this week brought by EMLICO reinsurer, ...
DATE: Mar 27, 1998
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AUTHOR:
David Fox, Business Editor
