76670 results returned for search: "" category "Business"
trading. There will be no afternoon trading session Christmas Eve. Normal trading resumes December 27. Chart: Page 28
DATE: Dec 20, 1996
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case on the fraud allegation'' against EMLICO (Electric Mutual Liability Insurance Co.) in their move to Bermuda.
Puisne Judge Norma Wade came to this conclusion this week as she threw out the opportunity for EMLICO reinsurer, Kemper Re, to enjoy an ...
DATE: Dec 20, 1996
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AUTHOR:
David Fox, Business Editor
investors look elsewhere for returns.
A comparison of stocks trading on the Bermuda Exchange shows that the most dramatic declines were in the financial institutions sector. All seven issues -- three banks, two bank warrants and both Bermuda Home iss...
DATE: Dec 20, 1996
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The delivery and freight forwarding company's shares are anticipated to be floated between $7 and $8 on NASDAQ, Bloomberg business news service said.
The offering, which includes one million shares, is for expansion, working capital and other corpora...
DATE: Dec 20, 1996
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Parliament could next year be asked to consider legislation to allow the establishment of exempted limited liability partnerships.
A key source of concern internationally because of society's increasing litigiousness, at least one other offshore juri...
DATE: Dec 20, 1996
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AUTHOR:
David Fox, Business Editor
investigation into Bermuda-based Electric Mutual Liability Insurance Company (EMLICO), the General Electric Co. insurer whose controversial move to Bermuda and current liquidation is hotly contested by its reinsurers.
Massachusetts Senate chairman of...
DATE: Dec 20, 1996
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AUTHOR:
David Fox, Business Editor
Bermuda-based finite insurer and reinsurer, Scandinavian Re.
Standard & Poors assigned the firm an A claims paying ability rating earlier in the year.
A.M. Best cited Scandinavian Re's excellent capitalisation, sound underwriting practices and its po...
DATE: Dec 20, 1996
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waters this week.
But it was on a peaceful mission as it was treating over 1,400 friends and relatives of navy personnel to Tiger cruises.
John S. Darrell spokesman Saleem Talbot said the group arrived on Tuesday and left the Island yesterday afterno...
DATE: Dec 19, 1996
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government to ease restrictions for mutual funds registered locally.
A report to BIBA by chairman Michael Collins of the Collective Investment Schemes Committee said negotiations are underway with the authorities for the removal of the requirement th...
DATE: Dec 19, 1996
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billion bid for Bermuda-based ADT Ltd., a move designed to make it the largest provider of electronic security services in the U.S.
Western offered $22.50 a share in cash and stock for the 73 percent of ADT it doesn't own, 12 percent more than ADT's ...
DATE: Dec 19, 1996
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