49296 results returned for search: "" category ("Other" AND "Business")
points yesterday to 1,315.60 on a volume of 12,451 shares valued at about $204,000 and bonds worth about $241,000.
The Bank of Butterfield fell 25 cents to close at $13.63. Bermuda Home preferred stock fell 38 cents to close at $11.63. Bermuda Comput...
DATE: Sep 25, 1997
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CATEGORY:
Other
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A strong capital base and conservative underwriting have won Bermuda-based reinsurer, Mid Ocean Reinsurance Ltd. an affirmation by rating agency Standard & Poor's of its double-'A' claims-paying ability rating and counterparty credit rating.
The rati...
DATE: Sep 25, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
US timeshare developer Great Vacations Resorts is currently wrapping up its financial analysis of the St. George's Club and is primed to close the deal within a month.
"We are reviewing the club's operation going forward to see how we can control cos...
DATE: Sep 25, 1997
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
Carl H. Paiva will be the new head of Meyer Industries management team as of October 1, as the St. George's firm begins a period of anticipated growth.
Mr. Paiva will retain his current position as vice president of marketing for sister company, Meye...
DATE: Sep 25, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
major players are looking to transform the connection into a means of doing on-line electronic commerce.
The local network began operating with six members in February primarily as a means for the major insurance and brokerage companies to send secur...
DATE: Sep 25, 1997
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
Are you a propellerhead or do you know someone who claims to be one? In the derogatory sense the propellerhead is of someone who is a "computer geek'', "computer nerd'', "techie'' or simply "hacker''. That's someone who is so immersed in the computer...
DATE: Sep 24, 1997
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Other
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regulations. Business journalist David Fox finds the criticism in a brief by the Center for Insurance Research to a Massachusetts court A non-profit Massachusetts corporation has claimed that insurance regulation in Bermuda is not subject to the sam...
DATE: Sep 24, 1997
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CATEGORY:
Other
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Five issues traded, one gaining, one declining, and three unchanged in value.
The Bank of Bermuda fell 50 cents to close at $28. Bermuda Telephone Co.
gained 25 cents to close at $32.50. The company's bond issue traded unchanged at $98.
DATE: Sep 24, 1997
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Other
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about 40 percent for the year ended March 31, 1997. The decline was attributed to reorganisation costs and increased expenses.
The closely-held company posted net earnings for the past financial year of $630,424 compared with $1,042,829 in the previo...
DATE: Sep 24, 1997
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
Massachusetts commissioner of insurance, Linda Ruthardt, has defended her decision to seek a US receivership for the insolvent Bermuda insurer, Electric Mutual Liability Insurance Co. (EMLICO).
But she has argued that Bermuda law "appears to limit or...
DATE: Sep 24, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
