76670 results returned for search: "" category "Business"
Realised investment gains helped push EXEL Ltd.'s year profit to just under half a billion dollars, the Bermuda-based excess liability insurer said in year and fourth quarter results released yesterday.
EXEL's realised investment gains -- gains from ...
DATE: Jan 10, 1997
|
CATEGORY:
Other
|
London have been appointed RCM Global Long Term Capital Appreciation Fund Ltd.
provisional liquidators, it was revealed yesterday.
Last week, RCM shareholder Paradigm Holdings Ltd. filed a winding up petition with Bermuda Supreme Court citing the Ber...
DATE: Jan 09, 1997
|
CATEGORY:
Other
|
to December 31, 1996, president and CEO, Garry Madeiros has indicated.
The quarterly report to shareholders has stated: "Belco Holdings Ltd.'s end of year results for 1996 are expected to exceed 1995,'' given the overall performance of the power comp...
DATE: Jan 09, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
Illinois-based Midwest Indemnity Corp. for $9.9 million closed.
IAS, formerly Republic Environmental Systems, Inc., a spin-off of Republic Waste Industries, Inc., is a specialty insurance and bonding company. Bermuda resident Michael DeGroote is Repu...
DATE: Jan 09, 1997
|
CATEGORY:
Other
|
Local manager Philip Troake announced that a round-trip ticket to London will cost $549 midweek and $599 on weekends, starting January 16.
Advance purchase is required, he said, and payment must be made within 72 hours of the booking.
There is a mini...
DATE: Jan 09, 1997
|
CATEGORY:
Other
|
rejected a $2.6 billion takeover bid from Western Resources Inc. as inadequate and will ask shareholders to oppose the offer.
ADT said yesterday that it has sent a letter to shareholders expressing its view of the offer by Western Resources, a utilit...
DATE: Jan 09, 1997
|
CATEGORY:
Other
|
The index closed at 911.24, its lowest level since daily trading started four years ago. Bermuda Commercial Bank set a 52 week low closing at $3.75 and Bank of Butterfield equaled a 52 week low at $9. Both fell 50 cents. Bank of Bermuda was up 12.5 c...
DATE: Jan 09, 1997
|
CATEGORY:
Other
|
28 cars for the island's dealers.
Container Ship Management said the vessel, which arrived on Sunday from Port Elizabeth New Jersey, carried 66 containers of which 23 were refrigerated, as well as a load of structural steel. The Oleander left Bermuda...
DATE: Jan 09, 1997
|
CATEGORY:
Other
|
thousands of dollars worth of merchandise to their clients yesterday, during their fifth annual product show at the Princess Hotel.
The product show included some 17 representatives from eight companies that supply Staples. They were part of more tha...
DATE: Jan 09, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
Key indicators compiled by ratings agency, Standard & Poor's (S&P), show the real effects Bermuda had on the reinsurance industry during the early 1990s when billions of dollars flocked here to form nine companies that reinsured catastrophe risks.
A ...
DATE: Jan 08, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
