76651 results returned for search: "" category "Business"
Four and a half years after the World Trade Center (WTC) terrorist bombing in New York, loss adjuster Edward Reilly has signed off on a $255-million settlement.
Mr. Reilly was involved solely in insurance claims that got the Port Authority building u...
DATE: Nov 03, 1997
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AUTHOR:
David Fox, Business Editor
Diversity, direction and determination are the key ingredients needed for the Progressive Labour Party to become the next Government, a speaker said on Saturday night.
But the party faithful must be prepared "to stick to the wicket'' and remember tha...
DATE: Nov 03, 1997
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Centre Reinsurance (Bermuda) Ltd. and its subsidiaries will separate its property and casualty reinsurance operations from its corporate activities.
The leading developer of innovative insurance and reinsurance solutions said the move is prompted by ...
DATE: Nov 03, 1997
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week it expects to cut 4,000 to 5,000 jobs worldwide as a result of its acquisition of Boehringer Mannheim and DePuy Inc.
Roche, which announced the $11 billion acquisition in May, also said in a statement that the integration of diagnostics and phar...
DATE: Nov 03, 1997
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Bank of Butterfield finished $0.375 lower at $14.375 on a volume of 1,890 and Bermuda Telephone Co. closed 25 cents higher at $32.75 on a volume of 4,750.
DATE: Nov 01, 1997
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Freighters Ltd. (LOF) have announced a deal for the proposed business combination.
Frontline has purchased about 67 percent of LOF's outstanding ordinary shares.
Frontline will then amalgmate with a wholly-owned subsidiary of LOF.
LOF has also announ...
DATE: Oct 31, 1997
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path in their bid to take substantial stakes in two new telecommunications companies.
And when asked if Government would oppose Cable & Wireless' proposed acquisition of a reported 27 percent stake in Bermuda Digital Communications Ltd. and 30 to 35 ...
DATE: Oct 31, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
president, with responsibility for reinsurance operations.
Mr. Connell became president and chief operating officer of EXEL subsidiary, X.L. Global Reinsurance Co. Ltd., when it was formed in September, having been executive vice president and chief ...
DATE: Oct 31, 1997
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George's branches at 3.30 p.m. today so that employees who use public transportation will not be left stranded.
The bank's marketing manager Andrew Burnett Herkes said that the decision was made to allow the staff the opportunity to "cash up and catc...
DATE: Oct 31, 1997
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net income available to common shareholders for the year to September 30 of $97,668,000 ($5.14 per share), a near 20 percent improvement over $81.5 million ($5.40 per share) the year before.
Total net income was $121.5 million before the removal of $...
DATE: Oct 31, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
