76653 results returned for search: "" category "Business"
Bermuda-based Overseas Partners Ltd (OPL) may have lost up to $25 million in reinsurance premium volume during the 15-day action, according to an article in Lloyd's List.
OPL president and chief executive officer Bruce Barone was reported to have bee...
DATE: Aug 29, 1997
|
CATEGORY:
Other
|
The Massachusetts Senate Committee on Post Audit and Oversight has formally asked the state's insurance regulators for answers to probing questions surrounding the move to Bermuda of Electric Mutual Liability Insurance Co.
(EMLICO).
The Post Audit co...
DATE: Aug 29, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
share for every ten shares held to shareholders of record September 15.
The move comes just ahead of a cash dividend of 18 cents a share, payable October 15 to shareholders of record September 30.
Secretary David C. Carruthers said: "The overall effe...
DATE: Aug 29, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
Bermuda resident, Curt Engelhorn, whose name again this summer appeared on the Forbes Magazine's list of the top 200 richest people in the world.
Mr. Engelhorn is the owner of Five Star Island which recently underwent significant redevelopment that i...
DATE: Aug 29, 1997
|
CATEGORY:
Other
|
British Airways local manager Phillip Troake this week admitted that the airline had not served the Island well this year.
But this was set to change with the introduction of the airline's newest aircraft and the addition of an extra flight which wou...
DATE: Aug 29, 1997
|
CATEGORY:
Other
|
executives it shortlisted in the hunt for a chief executive officer to see whether they still want the job, board chairman Sir David Gibbons said.
The position was given to John Tugwell, who quit suddenly last week after four months on the job. Now, ...
DATE: Aug 29, 1997
|
CATEGORY:
Other
|
increase the number of insurers or reinsurers with a physical presence here, writes business journalist David Fox A formal strategic planning exercise by the marketing committee of the Insurance Advisory Committee may yield significant added revenue...
DATE: Aug 29, 1997
|
CATEGORY:
Other
|
Hotels, retail stores and others who derive significant direct revenue from tourism have been told that they can play a larger role in attracting more of the lucrative group business to the Island.
They have been asked to advise the department withou...
DATE: Aug 29, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
BELCO closed one dollar lower at $23.50 after 6,525 shares changed hands.
Bermuda Home was down $0.125 to $8.625 on a volume of 10,002 and Bermuda Aviation Services fell $0.125 to close at $4.375 after trading of 350 shares.
DATE: Aug 29, 1997
|
CATEGORY:
Other
|
concentrating on real estate investments in the Asia/Pacific region, according to executive vice president, Peter Everson.
It is the latest area of growth for the local office of one of the world's premier international investment banking and fund ma...
DATE: Aug 28, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
