1110 results returned for search: "" category "Other" author David Fox, Business Editor
investors behind the formation of Bermuda's first AAA (Triple-A) rated financial guaranty insurance company.
ACE has taken a near 11 percent stake in holding company, CGA Group Ltd. based at Craig Appin House on Wesley Street, Hamilton, which has rai...
DATE: Jun 25, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
The Bermuda Broadcasting Co. Ltd. has declared a modest net income of $92,696 for the fiscal year to December 31 -- the first time the company declared a profit in four years.
The company recorded income of 14 cents per share for the year, an improve...
DATE: Jun 24, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Government in the decade-long battle to get Bermuda Cablevision Ltd. to respect exclusivity agreements BBC has for programming.
This was confirmed by BBC chief executive officer Ulric P. Richardson yesterday. He said a writ could be filed in the Supr...
DATE: Jun 24, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
In an age of concern about the rising cost of health care, architects have sketched out an opportunity to improve insured services and contain insurance costs for all employees across their industry.
And a year-long process led to the single, industr...
DATE: Jun 20, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Bermuda's insurance regulators have told their Massachusetts counterparts that only an Act of the Bermuda Parliament can return insolvent Electric Mutual Liability Insurance Co. (EMLICO) to Massachusetts.
This was revealed by Massachusetts Commission...
DATE: Jun 20, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
the creation of Swiss Re New Markets as of July 1, dedicated to the fast-growing alternative risk transfer (ART) marketplace, which includes Swiss Re's operations in Bermuda.
Swiss Re New Markets is to operate out of the new building, Mintflower Plac...
DATE: Jun 20, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
The Court of Appeal has ruled it has no jurisdiction to entertain an appeal by reinsurer Kemper Re in the latest legal battle involving the controversy surrounding the move from Massachusetts to Bermuda by Electric Mutual Liability Insurance Co..
Kem...
DATE: Jun 19, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
consecutive month in April, Government reported yesterday.
Coming off a substantial comparative March rise of 24.5 percent, residents declared some $2,312,000 worth of goods in April, a six percent increase over April in the year before.
For the 12 m...
DATE: Jun 19, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Bubbling optimism for the future of the retail sector is typified by the opening of Highlander, a cashmere and tartan outlet recently-opened by Dicky King in the Butterfield Place mall on Front Street.
Having first seen the retail business up close d...
DATE: Jun 18, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
No definitive arrangements have yet been made for the restructuring of Bermuda operations of merged insurance brokers, Johnson & Higgins and Marsh & McLennan.
Now consolidated under the umbrella J&H Marsh McLennan Inc., the largest broker in the worl...
DATE: Jun 13, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
