49296 results returned for search: "" category ("Other" AND "Business")
Terra Nova Insurance Company Ltd. (TN), a UK insurer and reinsurer, yesterday announced the acquisition and renaming of Bermuda-based reinsurer, Underwriters Capital Merrett Ltd. (UCM).
The group's new Bermuda-based holding company, Terra Nova (Bermu...
DATE: Dec 21, 1994
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Exchange yesterday after 14,000 shares were traded in a single exchange.
Meanwhile, Hemisphere's Group's preferred shares closed unchanged yesterday at $5.50 on volume of 6,500.
Hemisphere 9.75% preferred and common shares were first listed on the Be...
DATE: Dec 20, 1994
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announced the formation of a new reinsurance company.
Heddington Life Ltd., a wholly-owned subsidiary of Texaco, with authorised share capital of US$10 million, will be based in the International Financial Services Centre in Dublin, Ireland.
The new ...
DATE: Dec 20, 1994
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people led by UK developer Mr. Alistair Woolf was completed yesterday.
The closing took place at Conyers, Dill & Pearman, seven days after Cabinet gave its final stamp of approval, and, about a month after the sales contract was signed with receivers...
DATE: Dec 20, 1994
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building on Bermudiana Road.
The 60,000-square-foot complex, which will not offer retail banking, is to house 350 bank employees once it is fully occupied early in the New Year.
"It's been a very successful project,'' said Mr. David Lang, the bank's ...
DATE: Dec 19, 1994
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volume of 568 dropped to $26.25. Meanwhile, the Hemisphere Group listed its common and preferred shares with the latter closing at $5.50 on volume of 3,500. The former did not trade. Bank of Bermuda closed unchanged at $19.50 on volume of 2,666 while...
DATE: Dec 19, 1994
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Bermuda's international companies generated a whopping $577.7 million to the Island's economy, the latest report from the Ministry of Finance has revealed.
The $577 million is an increase of 11.5 percent over the $518 million generated in 1992.
The r...
DATE: Dec 19, 1994
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postpone an acquisition deal with Brilliance China Machinery Holdings Ltd.
BCAH, incorporated in Bermuda, said that current adverse market conditions, particularly for emerging market companies, were not favourable for an equity financing and that it...
DATE: Dec 19, 1994
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Branum as new chairman, the organisation announced.
Mr. Branum, president of the finite risk insurance company Inter-Ocean Reinsurance, replaces ACE Ltd.'s Mr. Bill Loschert.
Mr. Loschert, who chaired the association for the past year, will remain on...
DATE: Dec 19, 1994
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Corporation (BSBDC) show 25 guarantees worth $584,100 were issued on loans totalling $1.15 million.
The organisation's annual report released Friday, provides figures for the year ending, March, 31, 1993.
Guarantees were up 69.8 percent from 1992 whi...
DATE: Dec 19, 1994
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