49296 results returned for search: "" category ("Other" AND "Business")
A Bermuda insurer is facing a US lawsuit after failing to pay a $1.7-million claim for hurricane damage. And the local company has filed a separate action here in the Supreme Court of Bermuda to see if the policy is valid.
Miami financier, Victor Pos...
DATE: Nov 19, 1996
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AUTHOR:
David Fox, Business Editor
percent partner, it will acquire a 38,323 dwt bulk carrier.
The bulk carrier, built in Japan in 1980, is scheduled for delivery in early December and time chartered for two years to an affiliate of the joint venture company.
B&H's fleet currently con...
DATE: Nov 18, 1996
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Bermuda.
On Saturday the Bermuda Weather Service measured a low temperature of 59 degrees Fahrenheit.
With a windchill factor taken into account the temperature on Saturday was just 42 degrees Fahrenheit.
However the temperature on Saturday was nowhe...
DATE: Nov 18, 1996
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re-elected secretary general of the International Bar Association at the 26th Biennial Conference of the IBA in Berlin.
Mrs. Kempe, who is also deputy chairman of the Bermuda International Business Association, won a convincing victory at the poll ov...
DATE: Nov 18, 1996
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Finance Minister Grant Gibbons will today announce new legislative measures to lure foreign sales corporations (FSCs) to Bermuda.
The Minister will be speaking at the FSC/DISC (Domestic International Sales Corporation) Tax Conference in Florida, whic...
DATE: Nov 18, 1996
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quarter profit of $284,000 compared to $995,000 for the same three months in the prior year.
For the nine months to September 30, the resource company made $339,000 compared to $1.4 million.
Third quarter revenue was $4.4 million compared to $3.3 mil...
DATE: Nov 18, 1996
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An educational forum for investment administration aimed at Bermuda market insurance professionals begins tomorrow at the Sonesta Beach Hotel, presented by the Bermuda Insurance Institute and Mellon Bank.
Economist Norman Robertson will be delivering...
DATE: Nov 18, 1996
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last week.
The index fell 13.9 points closing at 946.44.
Bank of Bermuda was down 50 cents closing at $17.50 while Bank of Butterfield was off 25 cents at $9.50.
Argus, BF&M preferred, Staples preferred, BAS, Telco and Belco were unchanged.
Due to te...
DATE: Nov 18, 1996
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NEW YORK (Dow Jones News) -- Call it the $300 billion question.
The insurance industry is sitting on at least that much excess capital while a debate percolates over what to do about it. And the din has gotten louder recently as the capital surplus h...
DATE: Nov 18, 1996
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dividend of 18 cents per ordinary share, payable January 17 to shareholders of record December 31.
Earlier this month, the ten-year-old company declared an end-of-year profit of $289.7 million or $5.82 per share for the year to September 30.
The comp...
DATE: Nov 18, 1996
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