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day of activity that saw the index slip down 1.95 points to 1,127.49, with just three issues trading. The share volume was 19,042, valued at $99,323. There was no bond activity. Bank of Bermuda closed unchanged at $19.50 on a volume of 8,000, while B...

The index closed as it opened at 1,129.44, as Belco 7% 1st Mortgage Notes `98 $6,000 face traded at par, half a penny less than the day before. Other trades included Bank of Bermuda, unchanged at $19.50 on a volume of 2,270; Bank of Butterfield uncha...

About 90 buyers and sellers of reinsurance from Bermuda, the US and the UK are attending a two-day seminar at the Princess Hotel in Hamilton, hosted by Tillinghast, the division of Towers Perrin, one of the world's largest firms of independent manage...

Insurance and Reinsurance Company Ltd. from Sedgwick Group plc. According to a release from Sedgwick's London base,"The purchase price, representing the value of Mendip's consolidated shareholders' funds at August 31, 1994, subject to certain adjustm...

Bermuda's emergence as the world's largest offshore reinsurance centre was outlined to the Tillinghast seminar participants by top insurance regulator, Mr. Malcolm Butterfield, the Registrar of Companies. Mr. Butterfield opened the conference by stat...

is hosting a meeting of 15 Canadian, American and British commanders from the North Atlantic Treaty Organisation. They posed yesterday outside The Cottage at HMS Malabar.

winding down operations under Midsea Limited and recently signed away the exclusive distributorship of 3M Corporation products. Discussions commenced between the two companies months ago, although serious talks began only about four weeks ago. The te...

strategic plan for the further development of the exchange over the period 1995 to 1997. Officers of the exchange are looking to occupying new offices and hiring employees to accelerate the improvement process. And they indicated yesterday how Bermud...

The movement higher was related to the Bank of Bermuda increase of $0.50 to $19.50 on a volume of 1,012. The Bank of Butterfield also traded a volume of 2,370 at an unchanged price of $14.50. The only other issue trading higher was Belco 7% 1st Mortg...

for tenders to run the Airport. And he predicted the company that wins the contract will "suck the Bermuda Government dry'' for the next ten years. Of nine companies that were invited to bid, only two submitted proposals by Friday's deadline. Governm...