76720 results returned for search: "" category "Business"
Reinsurance Company has been a runaway success since it began operations last November with a capitalisation of over $360 million.
Any company which makes a profit of $13.23 million in its first five months of business can hardly be called anything e...
DATE: Aug 10, 1993
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Bermuda-based Centre Re, yesterday released its first financial statement and reported a profit of $2.094 million for the second quarter of fiscal 1993.
Excluding realised gains of $1.317 million, the company's operating profit came to $777,000.
Gros...
DATE: Aug 10, 1993
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in an area as complex as property catastrophe insurance, said Mid Ocean Re's president and CEO, Mr. Michael Butt.
Mr. Butt believes the company has assembled a management team which is capable of success in an increasingly competitive line of busines...
DATE: Aug 10, 1993
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to set up his own management company in Hamilton.
His new company, Grosvenor Management, will operate from Airlie House in Church Street and provide corporate and personal financial services to international companies and private individuals.
"I have...
DATE: Aug 10, 1993
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offshore international company, said Mid Ocean Re's president and CEO, Mr.
Michael Butt.
"The business advantages of Bermuda are well known,'' he said. "It has a splendid location, being situated close to New York, and the time zone is between Europe...
DATE: Aug 10, 1993
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Stock Exchange yesterday, falling by 25 cents to $9.25 on a volume of 500.
In the day's only other trade, Bank of Bermuda stock traded unchanged at $23.25 on a volume of 130. The Exchange Index closed at 1,171.11 -- down by 0.43.
DATE: Aug 10, 1993
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a recent Harvard University course to reform the way the company's ZBM and ZFB radio and television stations are managed.
His first objective is to motivate the 50-strong workforce -- the first step on the way to "company renewal'', a concept he stud...
DATE: Aug 10, 1993
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this month, Mid Ocean Ltd., the parent company of Mid Ocean Re, said it was now one of the world's top ten reinsurance companies in terms of capital.
This new investment came on top of the original capital of more than $360 million which was used to ...
DATE: Aug 10, 1993
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volume of 5,000 on the Bermuda Stock Exchange on Friday.
The only other shares to trade were BF&M's nine percent preference stock, which closed unchanged at $12 on a volume of 2,500. The Exchange Index closed at 1,171.54 -- up by 6.23 on the day.
The...
DATE: Aug 09, 1993
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Holdings in 1991, has been appointed to the board of directors of Bermuda-based insurance firm ACE.
Mr. Renfrew's appointment fills the remaining seat reserved for people who have not previously been affiliated with any of ACE's policyholders.
ACE's ...
DATE: Aug 09, 1993
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