76720 results returned for search: "" category "Business"
9 million for fiscal 1993 -- 26 percent up on the previous year.
Mr. Donald Lines, the Bank's president and CEO, said a 16.1 percent ($13.24 million) surge in fee income to $95.35 million had driven the performance.
And he added that, if it was not f...
DATE: Sep 03, 1993
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Bermuda will show off its new reinsurance might at one of the industry's most important events.
More than 40 of the Island's leading reinsurance businessmen will be heading to Monte Carlo this weekend to take part in the annual Rendezvous de Septembr...
DATE: Sep 02, 1993
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stock jumped by $1 on the Bermuda Stock Exchange yesterday to close at $13 on a volume of 600. BCB's stock has now more than doubled since Mr. Deuss took control on May 10, 1993.
The Bank of Butterfield went up by 25 cents to close at $28 on a volume...
DATE: Sep 02, 1993
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will accumulate capital for investment in the insurance industry.
The fund, Insurance Partners LP, which is being set up now, has a $200-million commitment from three prime backers.
The fund has been set up to exploit acquisition and investment oppor...
DATE: Sep 02, 1993
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to certain shareholders.
The special cash dividend of 23 cents per share is payable to holder of record on July 7, 1993, the date of the amalgamation of ACE's two wholly-owned insurance subsidiaries -- ACE Insurance Company (Bermuda) and ACE Insuranc...
DATE: Sep 01, 1993
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Ocean Re, has reported a profit of $44.47 million, or $1.23 per share, for its first nine months in business.
Gross premiums written for the first nine months to July 31, 1993, were $247 million and net premiums were $237 million.
Net premiums earned...
DATE: Sep 01, 1993
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Island's two container ship lines.
Prices will eventually rise because stores will have to pay higher costs when freight rates increase.
The increase is vital to combat losses, according to Bermuda Container Line and Bermuda International Shipping.
B...
DATE: Sep 01, 1993
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provincial breweries to sell its Black Seal Rum.
The deal will make the company one of Bermuda's leading manufacturing exporters.
By January, 1994, the dark rum should be available at all of the 170 pubs run by Young & Co.'s Brewery in the London are...
DATE: Sep 01, 1993
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shares gain $1.
Shares in the company closed at $32 on a volume of 400 shares.
Bermuda Commerical Bank continued to improve its share price, gaining 50 cents to close at $11.50 on a volume of 652 shares.
Long Botham Boats Company declined by 25 cents...
DATE: Aug 31, 1993
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A new Bermuda-based property catastrophe reinsurance company called Partner Re is set to start business in November.
Swiss Reinsurance Company, the world's second largest reinsurance firm, is taking a 15 percent stake in Partner Reinsurance Company.
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DATE: Aug 31, 1993
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