76658 results returned for search: "" category "Business"
Act will classify collective investment schemes into three groups and allow them to be marketed locally in Bermuda.
The two pieces of legislation, which were tabled in the House of Assembly last week, are also a step toward moving the supervision of ...
DATE: Jun 20, 1997
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
In an age of concern about the rising cost of health care, architects have sketched out an opportunity to improve insured services and contain insurance costs for all employees across their industry.
And a year-long process led to the single, industr...
DATE: Jun 20, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
to set up a financial consultancy company on the Island.
Retfin Bermuda Ltd., which is in the process of being incorporated as an exempted company, will act as an advisor to financial asset management companies which want to set up offshore.
"I'm goi...
DATE: Jun 20, 1997
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CATEGORY:
Other
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Bermuda's insurance regulators have told their Massachusetts counterparts that only an Act of the Bermuda Parliament can return insolvent Electric Mutual Liability Insurance Co. (EMLICO) to Massachusetts.
This was revealed by Massachusetts Commission...
DATE: Jun 20, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
the creation of Swiss Re New Markets as of July 1, dedicated to the fast-growing alternative risk transfer (ART) marketplace, which includes Swiss Re's operations in Bermuda.
Swiss Re New Markets is to operate out of the new building, Mintflower Plac...
DATE: Jun 20, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
reorganisation of its holdings in Societe Anonyme Francaise de Reassurances and PartnerRe to be completed "in the next few weeks''.
Swiss Re said in February it would buy all of SAFR and then sell the company to PartnerRe Ltd. of Bermuda.
Swiss Re wi...
DATE: Jun 20, 1997
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CATEGORY:
Other
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the Index climb from a week-ending close of 904.55 on April 18 to 1062.99 last Friday. Yesterday the Index was unchanged at 1098.08, just below the psychological 1100 mark. (See story in Today's news).
Much of the strength of the recovery has been du...
DATE: Jun 20, 1997
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CATEGORY:
Other
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powerhouse American International Group (AIG), a block of stock which yesterday was valued at nearly $74.4 million.
Point Shares resident, Ernest E. Stempel, filed to sell 500,000 shares of AIG through Donaldson Lufkin & Jenrette. AIG stock was yeste...
DATE: Jun 20, 1997
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CATEGORY:
Other
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DATE: Jun 20, 1997
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CATEGORY:
Other
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gradually improving economy and a booming construction industry.
"In general the economy is clearly very strong although the tourism sector is a disappointment,'' Finance Minister Grant Gibbons said yesterday. Tourism arrivals declined 2.1 percent in...
DATE: Jun 20, 1997
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
