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insurer, Harrington International Insurance Ltd., to declare a $6.6-million profit for the year to December 31 -- a 164 percent improvement over the $2.5-million profit the year before. Net income per share rose from $3.58 in 1996 to $9.43 in 1997. A...

Officials broke ground on Thursday for the first phase of the $50-million scheme to erect new offices for Bermuda insurer, EXEL Ltd. at the five-acre site of the old Bermudiana Hotel. The site was split down the middle by EXEL and ACE Ltd., with the ...

of Class Cleaners in St. George's to create the largest laundry and dry cleaning service in the Island. The deal, brokered by Capcar Enterprises, now brings 11 retail outlets under the roof of holding company, DT&T Ltd., without the loss of any jobs....

and Brunswick Company Ltd. over more than $1.6 million. Mr. Yearwood, a Brunswick director, sought summary judgment, claiming $1,623,115.32 from the defendant company. That was said to be the balance of money he lent the firm, at the firm's request, ...

The trustees of the Hotel Pension Fund have won a legal battle in the Bermuda Supreme Court after a family failed to pay back a $400,000 loan. The plaintiff trustees were suing ten members of the same family who in April, 1991 borrowed the money and ...

Winter-Cookson Petty, Ltd. (WCP). In the the industry's biggest consolidation, WCP is selling their business lines to import leader, Butterfield & Val lis. But WCP said yesterday of the redundancies, "a number of these 17 people could still be taken ...

Smith, has said that the Government, and the Chamber, will have to do a better job in the future. Taking over as president from David Rowntree next week Thursday, he is excited about changing times, including the expansion of the Chamber's board of d...

have-nots based on the emergence of new technology. That is the view of executives of RenaissanceRe, president and chief operating officer Will Riker and executive vice president David A. Eklund. They wrote in the Bermuda reinsurer's annual report: "...

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...

Burns and Timothy J. Counsell. Senior partner John Campbell told The Royal Gazette : "Michael and Tim have worked very hard for this. They are both fine professionals and, in their new role, will further enhance our strengths as a well-rounded and dy...