76642 results returned for search: "" category "Business"
4.9 million shares on the Bermuda Stock Exchange. The closed-end investment fund was incorporated in the British Virgin Islands last year. It will invest mainly in French real estate. Shares can be sold to qualified investors only.
DATE: Mar 17, 1998
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Bermuda-based Oil Casualty Insurance, Ltd. (OCIL) has declared net income of $62.1 million, and marked a seventh consecutive year of financial improvement.
Total assets rose 13 percent to $521.6 million and total shareholders' equity (capital & surpl...
DATE: Mar 17, 1998
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AUTHOR:
David Fox, Business Editor
with Mid Ocean Ltd. an "act of desperation'' as the companies seek to grow through acquisition in a market where there is an overcapacity.
Others see the move as a logical one in a market where the larger companies are taking over the business.
"In s...
DATE: Mar 17, 1998
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AUTHOR:
Ahmed Elamin
Exel Ltd.'s buying spree came to a head yesterday when the company announced a takeover of Mid Ocean Ltd. for $2.1 billion in stock.
The joining of the two Bermuda-based reinsurers will create a powerhouse with $8 billion in market capital, making it...
DATE: Mar 17, 1998
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Bermuda insurer, Exel Ltd., has reported a 43.8 percent increase in first quarter net income to February 28 at $155.4 million or $1.81 per share.
Operating earnings, excluding realised investment gains, were $92.5 million, compared to $75.5 million i...
DATE: Mar 17, 1998
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share volume of 6,855 and turnover of $180,261.50.
Bank of Bermuda Warrants finished 75 cents higher at $13.75 on a volume of 200, as Bermuda Home ended the day 50 cents lower at $9.625 on a volume of 686.
Bank of Bermuda, on a volume of 3,742, close...
DATE: Mar 17, 1998
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Technology-consultant Paragon Bermuda Ltd. is expanding its operations by establishing a subsidiary in Canada.
The company is also forging ahead in its joint relationships to develop a secure electronic network for industry on the Island, and for a d...
DATE: Mar 16, 1998
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Island-wide, all encompassing Career Expo next month.
The Business Education Partnership, BEP, last week announced that the Expo will be held on April 7 at Cedarbridge Academy in Prospect in a bid to raise student awareness of their career options.
C...
DATE: Mar 16, 1998
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Authority, according to a report commissioned by Government.
The Way Ahead , compiled by YVR Airport Services Ltd., claims that efficiency and cost effectiveness of the Airport would be substantially improved if it was taken out of Government's hands...
DATE: Mar 16, 1998
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week on moderate volume.
The index gained 13.228 points to close at 1709.29 on volume of 163,692 shares worth $3.05 million and bonds worth $247,407.
Bermuda Commercial Bank had the largest gain of the week, rising 50 cents, or almost 10 percent in v...
DATE: Mar 16, 1998
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