76639 results returned for search: "" category "Business"
agreement with the French Government Export Credit Agency, COFACE.
Effective April 1, the 10-year agreement will provide COFACE with $80 million of private sector reinsurance coverage for COFACE's portfolio of French equity investments located in Chi...
DATE: Mar 30, 1998
|
CATEGORY:
Other
|
December 31 of $42 million, a 37.3 percent improvement over the year before, as net earnings per common share rose from $1.20 to $2.07.
There was an increase in total revenue from $871.7 million in 1996 to $1.16 billion in 1997.
And for the first tim...
DATE: Mar 30, 1998
|
CATEGORY:
Other
|
FIRMS WANT TV SURVEILLANCE BUC CRM Firms want TV surveillance Plans to install a `spy in the sky' system on Court Street and the north of Hamilton have been backed by area businesses even though there is opposition from official business associati...
DATE: Mar 30, 1998
|
CATEGORY:
Other
|
The ordinary computer home user, who might prefer to do as little as possible keeping the innards of their machine healthy, will still find it useful to pick up the latest (March 24) issue of PC Magazine.
It's the issue with magazine's annual Utility...
DATE: Mar 30, 1998
|
CATEGORY:
Other
|
AUTHOR:
Ahmed Elamin
Major movers in the banking sector included Bank of Bermuda which lost 50 cents on trading of 9,838 shares, closing at $35.50; Bank of Bermuda Warrants which lost one dollar on trading of 1,957 shares, closing at $10; and, Bank of Butterfield's lost ...
DATE: Mar 30, 1998
|
CATEGORY:
Other
|
Bermuda Helicopters are to stay in business despite shipping their only chopper off to the US, so an aircraft can be kept on standby for Island emergencies.
The Airport-based firm, which operated the 120 mph JetRanger, and Bermuda Aviation Leasing ha...
DATE: Mar 30, 1998
|
CATEGORY:
Other
|
ACE Ltd. and the "A'' (Excellent) ratings of Tempest Reinsurance Co. Ltd. and CAT Ltd., in the aftermath of the ACE deal that is to merge CAT and Tempest Re into a billion dollar property catastrophe reinsurer at Wessex House on Reid Street.
Subject ...
DATE: Mar 30, 1998
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
Safety Insurance Group, Ltd. net earnings for the year to December 31 rose 10.1 percent to $3,211,015 or $1.08 per share.
Net premiums earned shot up 95.4 percent to $8,347,107. Total revenues increased 51.5 percent to $13,489,836.
American Safety pr...
DATE: Mar 30, 1998
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
including J.P. Morgan & Co. Goldman, Sachs & Co. and the Blackstone Group LP are cashing in their holdings of Bermuda-based catastrophe insurers as profits in the business wane.
"Given how savvy these investors are, when you see them become sellers, ...
DATE: Mar 30, 1998
|
CATEGORY:
Other
|
basis, of $619,070, down from $639,410 in the 1996 year.
Chairman Donald P. Lines was releasing the results of the company for the 14-month period to December 31,, during which consolidated earnings were $721.958 or $2.40 per share.
Mr. Lines indicat...
DATE: Mar 30, 1998
|
CATEGORY:
Other
|
