49296 results returned for search: "" category ("Other" AND "Business")
reaction to rate reductions sought by brokers, a leading reinsurer has said.
Michael A. Butt, president and CEO of Mid Ocean Re said, "I believe there is good evidence that the Bermuda reinsurers have been behaving very responsibly to this challenge....
DATE: Aug 23, 1996
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CATEGORY:
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AUTHOR:
David Fox, Business Editor
Exchange yesterday.
Bank of Butterfield and Argus gained as the BSX Index increased by 1.65 points to end trading at 960.04 on volume of 26,607 shares. -- Chart, Page 10
DATE: Aug 22, 1996
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due to visit the Island this weekend.
John S. Darrell spokesman Tim Southern said the two US submarines -- which he could not name -- visited the Island on Tuesday and today.
He explained they each dropped off a crew member in "humanitarian'' transfe...
DATE: Aug 22, 1996
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regular trading in California under state securities rules.
President Malcolm Burke said the company was now considering whether to make similar filings in other states to facilitate the trading of our common stock by the company's shareholders and b...
DATE: Aug 22, 1996
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One of the Island's major insurance companies is moving ahead with plans for a day care centre for employees' children.
ACE Insurance Ltd. on Tuesday began advertising for a nursery school teacher.
The company plans to lease the nearby Woodbourne Gue...
DATE: Aug 22, 1996
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fewer transactions compared to the same period last year.
The total value of retail sales were estimated to be in the region of $47.1 million for the month of June an increase of 0.1 per cent over last year.
However, when the 2.0 per cent inflation i...
DATE: Aug 22, 1996
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Liquidators for failed Bermuda-based reinsurer Stockholm Re (Bermuda) Ltd.
(SRB), reported to brokers, policyholders and potential creditors that almost $5 million was collected from reinsurers to March 1996.
SRB and their ultimate parent have a conf...
DATE: Aug 22, 1996
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Sonesta International Hotels president Stephanie Sonnabend yesterday defended the corporation's decision to appoint Joseph Violi over Dennis Tucker to run their Bermuda resort.
Formerly Trump International Hotel and Tower general manager, American Mr...
DATE: Aug 21, 1996
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Bermuda Home and Bank of Bermuda accounted for most of the volume with shares in Masters and Telco also changing hands. Buoyed by a bank gain, the index edged up 3.4 points. ---- Chart, Page 29
DATE: Aug 21, 1996
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the oil and gas and maritime industries, reported a second-quarter profit increase of 210 percent over last year's second quarter.
For the three months ended June 30, the Bermuda company made $6.2 million, or 99 cents per share, compared to $2 millio...
DATE: Aug 21, 1996
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CATEGORY:
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