1110 results returned for search: "" category "Other" author David Fox, Business Editor
the first time since figures have been kept.
The consumer price index was measured at 1.9 percent for the twelve months to May 1997, the lowest figure officials could remember. The figure marked a 0.3 percent decline from April's 2.2 percent rate.
Go...
DATE: Jul 10, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
The Bermuda market, as a leading controller of capacity in the Lloyd's insurance market, is a key reason why Lloyd's is no longer calling itself Lloyd's of London, a UK-based reinsurance magazine, The Review has said.
Five Bermuda insurers and reinsu...
DATE: Jul 10, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
more "secret'' agent to sleuth in the shady underworld of money-laundering and fraud.
Bermuda Provident Co. Ltd., a company which advertises its real estate and insurance agencies, has placed a newspaper ad announcing the creation of a new security d...
DATE: Jul 09, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
Passage now appears likely of US legislation that would alter the US tax status of funds in Bermuda and other offshore domiciles, according to "Top Six'' accountancy firm, KPMG Peat Marwick.
Enactment may force some funds to reconsider why they maint...
DATE: Jul 09, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
Bermuda-based Starr Excess Liability Insurance Co., Ltd., has changed its focus in its London office to allow for more marketing flexibility.
Starr senior vice president, Clinton N. Greene, said the change from a representative office to a service co...
DATE: Jul 08, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
Bermuda-based Corange Ltd. will this November be honoured at the National Council for Resource Development (NCRD) Benefactor Awards Banquet in Washington D.C. for philanthropic activities benefiting The Bermuda College.
Corange, after nomination from...
DATE: Jul 08, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
Bank of Butterfield chairman Sir David Gibbons, was heard last week on the morning edition of National Public Radio (NPR) across the US discussing Bermuda's aspirations to take Hong Kong's place offshore as a world financial centre.
In a near ten min...
DATE: Jul 07, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
rose by nearly $1 billion in the 12 months to March 31.
Combined balance sheets show total assets of Bermuda banks rose from $12.513 billion at the end of the first quarter of 1996 to $13.511 billion in 1997.
That growth occurred almost exclusively i...
DATE: Jul 07, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
Little is expected to change for insurer British American whose Bahamas parent, British-American Holdings Ltd., has sold pieces of its global operation to Trinidad's largest life insurer.
Trinidad-based CL Financial will buy the holding company's sha...
DATE: Jul 07, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
thousands of dollars and shares in a Bermuda insurer, is over.
An out of court settlement has closed the door on the case involving Belvedere Insurance Co., a property casualty insurer in run-off and its parent Caliban Holdings Ltd. Caliban was the t...
DATE: Jul 04, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
