1110 results returned for search: "" category "Other" author David Fox, Business Editor
Mutual Liability Company Ltd. (EMLICO), the Bermuda-based insurer accused of practising fraud and deception in moving here from Massachusetts in June, 1995.
Although the decision goes against the wishes of Kemper Re, one of the EMLICO reinsurers maki...
DATE: Jul 29, 1996
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AUTHOR:
David Fox, Business Editor
decision in London which turned back an attempt to block his discharge from his first bankruptcy.
But he warns that should he win a European Court of Human Rights case he has filed, Bermuda could be forced to pay compensation to him by way of reimbur...
DATE: Jul 26, 1996
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AUTHOR:
David Fox, Business Editor
Mortgage and real estate firm Bermuda Home has complained charges levied against wealthy non-Bermudians buying homes are excessive and contrary to the Island's interests.
The company's just-released annual report to shareholders, signed by chairman D...
DATE: Jul 25, 1996
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AUTHOR:
David Fox, Business Editor
Trading begins today on the New York Stock Exchange of the common shares of Bermuda-based RenaissanceRe Holdings Ltd. (RNR), as the property catastrophe reinsurer and insurer reported second quarter income to June 30 at $39.3 million.
The quarterly e...
DATE: Jul 24, 1996
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AUTHOR:
David Fox, Business Editor
third quarter to June 30, bringing nine month profit to $202.8 million ($4.36 per share).
The figures represent a 46 percent drop over last year's third quarter and a 35 percent improvement over the 1995 nine month performance.
Brian Duperreault, ACE...
DATE: Jul 24, 1996
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AUTHOR:
David Fox, Business Editor
within the Alternative Risk Transfer (ART) market, is changing the direction of its underwriting to appeal to Fortune 500 companies.
With increased limits the Bermuda insurer, that was formed just last year, will offer a single block of capacity, so ...
DATE: Jul 23, 1996
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AUTHOR:
David Fox, Business Editor
Island's insurance industry was unveiled yesterday.
And international insurers yesterday pledged millions of dollars over five years to ensure the success of The Bermuda Foundation for Insurance Studies.
More than $2 million of a $7.5 million endowme...
DATE: Jul 19, 1996
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AUTHOR:
David Fox, Business Editor
unless the Country takes immediate action, leading banker Sir David Gibbons warned yesterday.
He called for the establishment of a coalition of Chamber of Commerce, Government and international business representatives to determine the needs of the l...
DATE: Jul 18, 1996
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AUTHOR:
David Fox, Business Editor
The BF&M Shareholders' Association will apply this autumn to the Supreme Court for a ruling that may end the legal battle over BF&M shares sought by the liquidators of Bermuda Fire & Marine Insurance Company.
Fire & Marine's liquidators want the BF&M...
DATE: Jul 17, 1996
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AUTHOR:
David Fox, Business Editor
The Bank of Bermuda's family of mutual funds has passed one billion dollars in value, shareholders were advised in a quarterly letter this month.
The letter, from president and CEO Charles Vaughan-Johnson, said that there was a $200-million inflow du...
DATE: Jul 16, 1996
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor