76665 results returned for search: "" category "Business"
Bermuda-based Mutual Risk Management Ltd. (MRM) has declared $37,032,000 in net income available to common shareholders for the year to December 31, a near 23 percent improvement over the year to 1995.
Fourth quarter net income increased from $7.4 mi...
DATE: Feb 21, 1997
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AUTHOR:
David Fox, Business Editor
discussion on Bermuda's role in the world market.
With significant insurance-related investments on the Island by powerful financial institutions, participants will learn first hand from key executives why they do business here.
The discussion will i...
DATE: Feb 21, 1997
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Would a significant portion of the insurance industry become insolvent in the event of a large catastrophe involving $50 billion to $100 billion in insured losses? That was the question being addressed by Mark Fiebrink, senior vice president and chi...
DATE: Feb 21, 1997
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Corning Incorporated senior risk manager Brian Casey revealed the company would probably close its Bermuda-based captive insurer later this year.
The announcement surprised risk managers speaking at the conference who said new captives were on the in...
DATE: Feb 21, 1997
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yesterday. Bank of Butterfield erased its prior 50 cent gain closing down 50 cents at $9. In other trading, Bank of Bermuda and Belco notes were unchanged.
------ Chart, Page 36
DATE: Feb 21, 1997
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given the Bank of N.T. Butterfield until next month to ensure that merchants with credit card processing equipment are year 2000 compliant.
The well publicised "millennium bug'' created concern within the computer industry that much of the worldwide ...
DATE: Feb 20, 1997
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The Bermuda Insurance Symposium reconvenes this morning at the Southampton Princess Hotel for a second day of deliberations on issues affecting the insurance and reinsurance industry.
Symposium chairman Robin Spencer-Arscot yesterday led off the firs...
DATE: Feb 20, 1997
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CATEGORY:
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AUTHOR:
David Fox, Business Editor
little rest and relaxation before they head on to Halifax.
The Canadian Navy's fleet diving support ship is expected to arrive today from Norfolk, Virginia, and will berth in Dockyard until March 17.
The Cormorant is 245 feet long and carries two SDL...
DATE: Feb 20, 1997
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Members of Bermuda's insurance industry said yesterday that this pillar of the Island's economy would continue to show growth and innovation.
The Island's 1996 insurance company incorporations showed Bermuda was carrying huge momentum, said Johnson &...
DATE: Feb 20, 1997
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Guernsey-based Wilde & Co. Group for a new Guernsey branch operation for Mutual Indemnity (Bermuda) Ltd. (MIL) and a new captive operation, Mutual Risk Management (Guernsey) Ltd.
MRM (Guernsey), will provide traditional captive management operations ...
DATE: Feb 20, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
