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Bermuda-based Annuity & Life Re Holdings Ltd. has received another $36.1 million injection of cash from its original investors. The investors also purchased $79.5 million worth of common shares and warrants, which along with the money raised from Ann...

initial public offerings (IPOs) and secondary offerings. President of Leviathan Fund Managers Ltd., Government Sen. Allan Marshall and vice president Paul E. Claude are behind Leviathan Public Offering Fund Ltd. Other directors include chairman of J....

1997 year, a three percent decline over the 1996 year ended December 31. Company president and chief executive officer Glenn Titterton said despite the decline, performance was better than projected. "We budgeted for a modest reduction in net earning...

1.2 million shares on the mezzanine market of the Bermuda Stock Exchange. The listing is subject to the closing of the company's $12 million initial public offering. University Holding, incorporated in Bermuda this year, was formed as a holding compa...

Arbitrators and lawyers converge on the Marriott Castle Harbour Hotel today for the start of the three-day spring conference of ARIAS US. Some 80 of the 100 participants are being welcomed this evening at a reception and dinner at the Royal Bermuda Y...

volume of 898 yesterday on the Bermuda Stock Exchange. Technology company Millennium International fell 38 cents to $3.63. The index closed down 16.91 to end at 1,571.85 on a volume of 3,276 on a turnover of $32,167.

Insurer and reinsurer Terra Nova (Bermuda) Holdings Ltd. grew so much during 1997 that the company increased its book value per share by 23 percent to $18.96, according to the company's annual report. Like many companies in the business Terra Nova ha...

chairman of the Island Press (Holdings) Ltd., and D. Randolph French has taken over on an interim basis. Mr. Brown, in an unusual move, resigned as a director of the board and as president of the company, some 24 hours after he was re-elected chairma...

1997 of $22.7 million, a 27 percent increase over 1996 results. "While looking forward to our tenth year, it is gratifying to reflect on the past, our ninth consecutive year of underwriting profits,'' President and Chief Executive Officer Jens Juul s...

training courses, many at the Bermuda College, in the first few months of its existence last year, a training seminar was told yesterday. Minister of Labour, Home Affairs and Public Safety, Quinton Edness, said the recession in the early '90s brought...