49296 results returned for search: "" category ("Other" AND "Business")
insurance company? A captive is a subsidiary of another company, which is called its parent.
The captive, as originally thought up by several Bermudian businessmen and Fred Reiss, an American, is an insurance company with only one client its parent....
DATE: May 18, 1998
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Other
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Government plans on making amendments to two pieces of legislation in a bid to make Bermuda more competitive with other offshore jurisdictions as a place of registration for trusts and limited partnerships.
The Trusts (Special Provisions) Amendment A...
DATE: May 18, 1998
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
quarter of 1998, a fall of 148 percent from the $1.21 million profit the company recorded in first quarter 1997.
Nobel said the losses of 13 cents per share was due to claims from prior years that were now affecting the company's bottom line. Nobel i...
DATE: May 18, 1998
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
Exchange. BF&M preferred shares gained $1 to close at a 52 week high of $10.
The stock exchange index gained 11.61 points on a volume of 30,238 valued at $595,669.
TeleBermuda International gained 50 cents to close at $7.50. Bank of Butterfield fell ...
DATE: May 16, 1998
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Other
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Around 150 Bermuda timeshare tourists have written official complaint letters about the troubled St. George's Club.
The regular Island visitors wrote to the Ministry of Tourism, expressing fears about current operations, the club's future ownership a...
DATE: May 16, 1998
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CATEGORY:
Other
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of 168 shares and 1,200 warrants for a total turnover of $48,216.
Bank of Bermuda warrants gained $1 to close at a 52 week high of $15.
DATE: May 15, 1998
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CATEGORY:
Other
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discontent rising from the East End timeshare resort.
Eleven-year member Jack Hart of Weston, Vermont, told The Royal Gazette yesterday that the only reason he and his wife were still visiting the Island was because they loved Bermuda.
"My wife and I...
DATE: May 15, 1998
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CATEGORY:
Other
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discontent rising from the East End timeshare resort. Eleven-year member Jack Hart of Weston, Vermont, told The Royal Gazette yesterday that the only reason he and his wife were still visiting the Island was because they loved Bermuda.
---- Page 2 A...
DATE: May 15, 1998
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CATEGORY:
Other
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Stymied in his efforts to form a new Bermuda insurer, former Aon Bermuda head Robin Spencer-Arscott now wants to set up his own consultancy. Mr.
Spencer-Arscott has applied to incorporate RSA Services Ltd., which will provide consultancy services pri...
DATE: May 15, 1998
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CATEGORY:
Other
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Bermuda-registered Sea Containers Ltd. has reported net earnings for the first quarter to March 31 rose more than 100 percent to $3.8 million or four cents per common share on revenues of $262.1 million (1997: $248 million.).
Sea Containers is a mari...
DATE: May 15, 1998
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor