76594 results returned for search: "" category "Business"
The loss of one of its largest and most profitable programmes, together with an increase in the frequency of catastrophic events last year, has resulted in a disappointing 1999 for Bermuda reinsurer Overseas Partners Limited.
The company announced it...
DATE: Feb 21, 2000
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quarter for the period ending December 31, 1999 in its latest earnings report.
Net operating income, excluding realised gains on investments, grew 34 percent to $10,357,000 or $0.38 per share, compared with $7,720,000 or $0.28 per share for the same ...
DATE: Feb 21, 2000
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With the release of Microsoft Windows 2000 last week commentators have been quick off the mark in assessing the new product.
One of the first is the GartnerGroup (www.gartnergroup.com) whose analysts warned companies they may be forced to pay thousan...
DATE: Feb 21, 2000
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AUTHOR:
Ahmed Elamin
insurer in the pocketbook.
IPC Holdings Limited reported a net loss of $22.7 million or $0.88 per share, for the quarter ended December 31, 1999, compared to income of $5.7 million, or $0.22 per share, for the fourth quarter of 1998.
For the year end...
DATE: Feb 21, 2000
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A conference for leading lawyers in Bermuda which takes place this week will look at the security problems posed by the use of new technology in possible money laundering and trusts.
The Society of Trust and Estate Practitioners or STEP are holding a...
DATE: Feb 21, 2000
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hailed a success.
But by late last week, details of the two-day seminar run by Commonwealth Secretariat experts were thin on the ground.
A press release from Cabinet Office said: "The Premier said the retreat provided the perfect setting for Minister...
DATE: Feb 21, 2000
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AUTHOR:
Raymond Hainey, Assistant News Editor
the A (Excellent) rating of Bermuda-based Western General Insurance Ltd.
A.M. Best's rating reflects the company's consistently favourable reported annual operating results and underwriting profits.
In addition, Western General has successfully evolv...
DATE: Feb 21, 2000
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NEW YORK, (Reuters) -- Global Crossing Ltd. , the No. 5 US long-distance telephone company, said Friday its fourth-quarter loss more than tripled due to costs to expand its undersea fibre-optic networks and absorb recent acquisitions.
Shares of Hamil...
DATE: Feb 21, 2000
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Moves by the United States to eliminate tax exemptions for thousands of offshore small property casualty companies was discussed last week at a conference in Bermuda.
The second day of the Offshore Insurance Operations Conference 2000 saw talks by Hu...
DATE: Feb 21, 2000
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A local woman yesterday told how she narrowly avoided being involved in a mysterious 1947 plane crash.
"I've always been reluctant to fly and now I remember why,'' said Bermudian Jo Draycott, who told The Royal Gazette how she had been on the trans-A...
DATE: Feb 18, 2000
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