76652 results returned for search: "" category "Business"
major players are looking to transform the connection into a means of doing on-line electronic commerce.
The local network began operating with six members in February primarily as a means for the major insurance and brokerage companies to send secur...
DATE: Sep 25, 1997
|
CATEGORY:
Other
|
AUTHOR:
Ahmed Elamin
Are you a propellerhead or do you know someone who claims to be one? In the derogatory sense the propellerhead is of someone who is a "computer geek'', "computer nerd'', "techie'' or simply "hacker''. That's someone who is so immersed in the computer...
DATE: Sep 24, 1997
|
CATEGORY:
Other
|
regulations. Business journalist David Fox finds the criticism in a brief by the Center for Insurance Research to a Massachusetts court A non-profit Massachusetts corporation has claimed that insurance regulation in Bermuda is not subject to the sam...
DATE: Sep 24, 1997
|
CATEGORY:
Other
|
Five issues traded, one gaining, one declining, and three unchanged in value.
The Bank of Bermuda fell 50 cents to close at $28. Bermuda Telephone Co.
gained 25 cents to close at $32.50. The company's bond issue traded unchanged at $98.
DATE: Sep 24, 1997
|
CATEGORY:
Other
|
about 40 percent for the year ended March 31, 1997. The decline was attributed to reorganisation costs and increased expenses.
The closely-held company posted net earnings for the past financial year of $630,424 compared with $1,042,829 in the previo...
DATE: Sep 24, 1997
|
CATEGORY:
Other
|
AUTHOR:
Ahmed Elamin
Massachusetts commissioner of insurance, Linda Ruthardt, has defended her decision to seek a US receivership for the insolvent Bermuda insurer, Electric Mutual Liability Insurance Co. (EMLICO).
But she has argued that Bermuda law "appears to limit or...
DATE: Sep 24, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
climb this week, after the announcement late on Thursday of its acquisition of a US insurance group ( The Royal Gazette , Sept. 22).
ACE shares traded as high as $98.25 yesterday morning, $10.25 higher than the closing price a week ago. At that time,...
DATE: Sep 24, 1997
|
CATEGORY:
Other
|
Bermuda-based property catastrophe reinsurer, CAT Ltd., has projected gross premiums written for the year to December 31, 1997 will be about $151 million, an 11 percent increase over the $136.2 million declared for 1996.
The projection was made in th...
DATE: Sep 23, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
Bank of Butterfield gained 25 cents to close at $13.88 on a volume of 6,000.
Bermuda Home preferred shares gained 50 cents to close at $12 on a volume of 8,200. Unchanged were Bermuda Computer Services at $12 and Bank of Bermuda at $28.50.
DATE: Sep 23, 1997
|
CATEGORY:
Other
|
executive pick up laundry service. The company will give each customer who wants the service two embroidered laundry bags.
They can then put their clothes in the bags, call a telephone number for pick up, and have the cleaned garments delivered back ...
DATE: Sep 23, 1997
|
CATEGORY:
Other
|
