76641 results returned for search: "" category "Business"
a more than 26 point slide on Monday. The index closed at 1,583.14 on share volume of 10,724, valued at $174,952.
Bank of Bermuda warrants fell another $1 to $10 after trading volume of 1,500.
Meanwhile, Bank of Butterfield remained unchanged at $16....
DATE: Mar 25, 1998
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1997 loss of 2.03 billion Swiss francs ($1.4 billion) yesterday after taking a staggering 6.31 billion francs in special acquisition-related charges.
But it proposed raising its dividend on 1997 results given a ten percent rise in underlying group ne...
DATE: Mar 25, 1998
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Island become a leader in the market for the convergence of insurance and capital markets -- a process also known as the securitisation of insurance risk.
The primary goal of the Insurance Amendment Act 1998 is to allow persons and entities who are n...
DATE: Mar 25, 1998
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in Standard and Poor's Micropal Offshore Territories Survey for its mutual funds overall one-year performance.
Pictured at the ceremony at National Gallery (above) was Butterfield Asset Management managing director Peter Wignall.
The company's mutual...
DATE: Mar 25, 1998
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opportunity to study the legislative result of the decision announced in the UK Chancellor of the Exchequer's new budget which would retrospectively tax offshore trusts that had previously escaped taxation.
The Chancellor has announced the planned re...
DATE: Mar 25, 1998
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AUTHOR:
David Fox, Business Editor
Bermuda is a well-wired "information Island'', the world's premier offshore financial centre and user-friendly in terms of regulation, leading mutual fund officials were told yesterday at a Bermuda-sponsored breakfast meeting in Florida.
About 120 at...
DATE: Mar 25, 1998
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AUTHOR:
David Fox, Business Editor
Bermudians seeking an opportunity in insurance study received a boost from a $100,000 gift from a company that is not even domiciled here and is not even an insurer.
The Bermuda Foundation for Insurance Studies (BFIS) received the major donation from...
DATE: Mar 24, 1998
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AUTHOR:
David Fox, Business Editor
The insurance and reinsurance operations at Hurst Holme on Trott Road in Hamilton, long known as Sphere Drake Underwriting Management (Bermuda) Ltd.
(SDUMBL) officially began trading as Odyssey Re Bermuda yesterday.
SDUMBL was Sphere Drake Ltd.'s Ber...
DATE: Mar 24, 1998
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AUTHOR:
David Fox, Business Editor
has been appointed joint deputy chairman of the BSX council.
He joins Bank of Bermuda president Henry B. Smith and Jeff Conyers, CEO of First Bermuda Financial Services Ltd., who also serve as deputy chairmen.
The 13-member council is chaired by Arth...
DATE: Mar 24, 1998
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1,585.65, a drop of 1.67 percent, on a share volume of 37,432 valued at $885,269.38.
Leading the fall was Bank of Butterfield which fell a clear dollar to $16.50 on a volume of 9,770. And Belco Holdings also fell a dollar to $23.50 on trading of 2,18...
DATE: Mar 24, 1998
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