49296 results returned for search: "" category ("Other" AND "Business")
or $3.55 a share for the year to December 31, when compared with 1995. The earnings represent a return on equity (average book value) of 19.9 percent, an improvement over 19 percent in 1995.
Net operating income, excluding realised gains, rose 24.4 p...
DATE: Mar 05, 1997
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Other
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(EMLICO) in Bermuda, against the wishes of angry reinsurers who believe EMLICO's redomestication from Massachusetts should be reversed.
The reinsurers reacted to the news last night by saying yesterday in a prepared statement: "Any deal that leaves E...
DATE: Mar 05, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
closing at 917.49 yesterday. Financial institutions and a utility were behind the decline. Bank of Bermuda was down 75 cents at $17, Bank of Butterfield was down 25 cents at $8.75, and Bermuda Home closed at $7.25, down 25 cents. Telco fell 75 cents ...
DATE: Mar 05, 1997
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Systems, Inc., said on Monday it will acquire The Benefits Group Agency, Inc.
of Ohio.
In a deal expected to close March 31, IAS will acquire the Ohio-based company for $2.5 million cash plus 395,000 shares of restricted IAS common stock and 500,000 ...
DATE: Mar 05, 1997
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the top mark on the Institute of Certified Management Consultants of Atlantic Canada final exam, it was announced.
Ms Bean, with Management Services since 1990, garnered the John Turner Memorial Award for scoring the highest mark in the Atlantic Cana...
DATE: Mar 05, 1997
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ACE Insurance Company, Ltd., XL Insurance Company, Ltd. and Risk Capital Reinsurance Company have agreed to form a political risk insurance entity, it was announced yesterday.
The Bermuda-based managing general agency will provide underwriting servic...
DATE: Mar 05, 1997
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CATEGORY:
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Exchange index 20.34 points to 941.27 yesterday. The index last closed above 940 on December 10. Telco gained $1.75 to $36. Bank of Bermuda gained 75 cents to $17.75. Bermuda Home closed at $7.50, up 37.5 cents. ---- Chart, Page 10
DATE: Mar 04, 1997
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The greatest threat to Bermuda's prosperity is lack of profitability among its major hotels, the author of "Bermuda An Economy Which Works'', said yesterday.
"I am surprised that they (one or more of the Island's big eight hotels) have not left the I...
DATE: Mar 04, 1997
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Electric Mutual Liability Insurance Company (EMLICO) over their controversial move from Massachusetts to Bermuda, has settled with EMLICO's liquidators and General Electric Co. (GE), EMLICO's principal insured.
Allstate Insurance Co. was one of the f...
DATE: Mar 04, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
DATE: Mar 04, 1997
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CATEGORY:
Other
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