49296 results returned for search: "" category ("Other" AND "Business")
captive insurance business away from offshore domiciles like Bermuda. They want to establish a captive domicile of significance in New York, through new legislation that is being proposed.
Bermuda insurance industry executives are carefully monitorin...
DATE: Sep 25, 1995
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Saturday's Bermuda Stock Exchange report should have given the total number of shares traded and their value as 13,506 shares worth $234,485. Bermuda Container Lines shares traded down 50 cents, not 25 cents.
Two issues gained, two closed down and on...
DATE: Sep 23, 1995
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Finance (Bermuda) Trust's $US 2 billion exchangeable notes 2002.
MBL is a new trust organised by Mitsubishi Bank Ltd. to issue the notes and lend the entire proceeds to the bank.
The bank's double A minus senior debt rating has been on creditwatch wi...
DATE: Sep 22, 1995
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skyrocketed nearly 90 percent to $92.9 million or $1.82 a share, compared with $49 million or $0.90 a share in 1994's third quarter to August 31.
EXEL Ltd. is the parent of X.L. Insurance Company Ltd. and X.L. Europe Insurance, which provide general ...
DATE: Sep 22, 1995
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AUTHOR:
David Fox, Business Editor
Insured losses from the Caribbean could harden reinsurance renewal rates for Bermuda's property insurers, said an insurance company spokesman.
"Having spoken to our representatives in London (Lloyd's brokers), rates will probably not soften and could...
DATE: Sep 22, 1995
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Shannon Sanders, left, recently completed the Associate in Customer Service (ACS) professional designation with honours. The designation is offered by the Life Management Office Association. The Argus Group of Companies accounts representative Mrs. K...
DATE: Sep 22, 1995
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rating agency.
Thomson BankWatch increased BCB's issuer rating to "B'' from "B/C'' and its short term debt rating to "TBW1'' from "TBW2'', the bank said yesterday.
The upgrade comes just six months after BCB was rated for the first time in its 25 yea...
DATE: Sep 22, 1995
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$430,000 or four cents a share, compared with a year ago when they posted earnings of nearly $1.1 million.
Challenger is a Church Street, Hamilton, holding company that expects to soon complete its sale of sporting firearms company Savage Corporation...
DATE: Sep 22, 1995
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Telco jumped $2 to close at $38.50 on volume of 2,600.
Bermuda Bakery closed up $1.50 at $20 on volume of 2,000.
Bermuda Aviation closed unchanged at $3 on volume of 1,700.
The exchange gained 4.90 points or .47 percent on volume of 6,300.
Share valu...
DATE: Sep 22, 1995
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Bermuda Home dropped 50 cents to close at $9.50 on volume of 335.
Bank of Butterfield closed unchanged at $11.50 on volume of 2,000 while Bank of Bermuda closed unchanged at $18.75 on volume of 157.
The exchange closed unchanged at 1,040.86 as BSL an...
DATE: Sep 21, 1995
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