1110 results returned for search: "" category "Other" author David Fox, Business Editor
for the year to December 31 jumped 21 percent to $20,807,000, guided by a more than 50 percent increase in total insurance volumes from $103 million to $156 million.
The company paid out $15,100,000 in dividends to its parent, Commercial Risk Partner...
DATE: May 15, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
associated with Serco have teamed up to create a new enterprise, BAS-Serco Ltd., which has been formed under the Companies Act 1981.
BAS president and CEO, Eugene Bean, said yesterday that the new business will carry out a variety of services includi...
DATE: May 14, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
rating by ratings agency, Standard & Poor's (S&P).
S&P said that the major rating factors included improving business review, strong capitalisation and operating performance, management conservatism and support from parent ABB Asea Brown Boveri Ltd.
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DATE: May 13, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Morgan's Point has dismissed concerns that the developers are having any problems raising money.
Robert Davies, managing director of Renaissance Resorts International Ltd. and CEO of Morgan's Harbour Investments Ltd., conceded that rumours may have s...
DATE: May 12, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Bermuda-based property catastrophe reinsurer LaSalle Re has declared second quarter net income of $32.7 million, about $1.4 million higher than the same period a year ago.
Gross premiums written were down from $132.6 million to $109.4 million.
Net pr...
DATE: May 09, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
their objections to a deal hashed out among Massachusetts insurance regulators, GE and Bermuda-registered EMLICO to settle the controversial case, and allow the liquidation to continue in Bermuda with a Massachusetts receivership.
EMLICO (Electric Mu...
DATE: May 09, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
allow a proposed settlement of the controversial Electric Mutual Liability Insurance Co. (EMLICO) row.
The deal, proposed by Massachusetts Commissioner of Insurance, Linda L.
Ruthardt, would see EMLICO liquidated in Bermuda under a receiverships esta...
DATE: May 08, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Industry reports this morning have chairman of AON Re, (Bermuda) Ltd. and Aon Risk Services (Bermuda) Ltd. Robin Spencer-Arscott leaving his post at the Bermuda AON office.
Some sources say he will be out of Aon altogether, while others expect that h...
DATE: May 07, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Competition for Internet access will be a reality by late summer, bringing better pricing and more service.
That pledge came yesterday from director of North Rock Communications Ltd.
John Robbins after the company last week obtained an official offer...
DATE: May 07, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
stake in Kentucky Fried Chicken (Bermuda) Ltd. (KFCB).
Just weeks after the US investment bank, broker and money manager swallowed up a large chunk of another local company, it has been transferred more than 23 percent of the issued shares of KFCB.
T...
DATE: May 06, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
