Log In

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...

Bermuda Home expects sustained profitability for the year to March 31, 1997, buoyed by record quarterly mortgage closings in the fourth quarter and record real estate sales. In just its fourth full year of operation, Bermuda Home declared profits of ...

Guernsey-based Wilde & Co. Group for a new Guernsey branch operation for Mutual Indemnity (Bermuda) Ltd. (MIL) and a new captive operation, Mutual Risk Management (Guernsey) Ltd. MRM (Guernsey), will provide traditional captive management operations ...

after sales activity jumped significantly in recent months. But there are indications, too, that rents are being inflated to an uncomfortable level. Sue Plathe of Joy Lusher Real Estate, said the authorities need to bring the issue of affordable hous...

International companies may be taking the best of the local talent away from Bermuda companies because of better pay. A senior Bermudian executive with a local captive management firm sees it as one of the issues facing the local industry. Mrs. Irmga...

Office products company, Staples Holdings Ltd., yesterday reported profits of $1,042,829 ($0.48 a share) for its first year as a public company to March 31, 1996, on revenues of $13.3 million. SHL declared dividends of 45 cents per share payable Sept...

The Bank of Bermuda executed half of all the transactions on the Bermuda Stock Exchange last year, the bank disclosed in its 1996 annual report to June 30. It also pointed out that its loan and advances portfolio grew during the year by $99 million t...

reaction to rate reductions sought by brokers, a leading reinsurer has said. Michael A. Butt, president and CEO of Mid Ocean Re said, "I believe there is good evidence that the Bermuda reinsurers have been behaving very responsibly to this challenge....

"powerful testimony'' to the increasing acceptability of Bermuda market security, the island's top insurance regulator told a conference of US regulators in Philadelphia. Registrar of Companies Mr. Kymn Astwood was speaking at a public policy confere...

year to June 30 blames the stock market for the decline in the net asset value per share, which dropped 2.4 percent or $0.24 to $9.93 from $10.17 in the twelve month period. The fund at the end of the financial year had assets totalling $13,553,015, ...