76658 results returned for search: "" category "Business"
allow a proposed settlement of the controversial Electric Mutual Liability Insurance Co. (EMLICO) row.
The deal, proposed by Massachusetts Commissioner of Insurance, Linda L.
Ruthardt, would see EMLICO liquidated in Bermuda under a receiverships esta...
DATE: May 08, 1997
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AUTHOR:
David Fox, Business Editor
Mutual fund marketers, like lots of people aiming to make money through the Internet, have high hopes that the worldwide computer network will attract legions of new customers.
"What we're talking about is, quite frankly, one of the greatest communic...
DATE: May 07, 1997
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seven issues traded, four gained, two fell, and two were unchanged for a volume of 79,540 shares valued at $1,115,006.50.
Bank of Bermuda rose $0.75 to close at $18.75 on a volume of 55,129 shares.
The bank's warrants rose $1 to close at $2 on a volu...
DATE: May 07, 1997
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in net income for the first quarter to March 31 parallelled developments for the alternative risk transfer (ART) business written exclusively at the Bermuda subsidiary, Sphere Drake Underwriting Management (Bermuda) Ltd.
(SDUMBL).
SDUMBL's ART busine...
DATE: May 07, 1997
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Bermuda-registered Sea Containers Ltd. is forecasting 1997 operating profits of $160 million, company President James Sherwood stated in his letter to shareholders.
This figure would double the earnings per common share of $1.20 reported for the 1996...
DATE: May 07, 1997
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Industry reports this morning have chairman of AON Re, (Bermuda) Ltd. and Aon Risk Services (Bermuda) Ltd. Robin Spencer-Arscott leaving his post at the Bermuda AON office.
Some sources say he will be out of Aon altogether, while others expect that h...
DATE: May 07, 1997
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CATEGORY:
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AUTHOR:
David Fox, Business Editor
Competition for Internet access will be a reality by late summer, bringing better pricing and more service.
That pledge came yesterday from director of North Rock Communications Ltd.
John Robbins after the company last week obtained an official offer...
DATE: May 07, 1997
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CATEGORY:
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AUTHOR:
David Fox, Business Editor
Final results of Bermuda-based property catastrophe reinsurer LaSalle Re's Dutch auction self-tender offer, which expired April 25, have the company agreeing to purchase 3,703,703 shares of its stock at a price of $27 per share.
The company said the ...
DATE: May 07, 1997
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gardeners -- but water dealers have been too busy to take notice. ---- Page 2 UBP SET TO SWEEP BY-ELECTIONS PTL UBP set to sweep by-elections A clean sweep in two by-elections for the United Bermuda Party seems to be on the cards today. Kim Young...
DATE: May 06, 1997
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directors to repurchase up to $20 million of the company stock.
The company also said yesterday that it had increased its quarterly dividend to five cents per share, up from two cents per share, payable June 27 to shareholders of record June 6.
The s...
DATE: May 06, 1997
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