The good times may be over for insurers and reinsurers if the second quarter of this year is any indication. Record US catastrophe losses in the three months to June 30 are eating into the industry's ...
share, for the quarter ended June 30, about $3.3 million less than for the same period last year.
For the first six months of the financial year the company made a profit of $50.9 million, about $2.1 ...
The export of encryption software programs remains an issue in the United States. The US Government has banned the importation of such programs overseas unless the companies first provide government w...
Mid Ocean Ltd. shareholders who want cash instead of shares in EXEL Ltd. will receive $81.23125 for each new share they would have been entitled to receive.
EXEL announced earlier this year it had agr...
expansion.
The company has teamed up with US investment giant Salomon Smith Barney and Boston-based Massachusetts Financial Services Institutional Advisors, Inc. to back its activities in Bermuda.
Gib...
Bank of Bermuda Ltd. shareholders on Friday approved increasing authorised share capital by 100 million shares, the final erection in its defences against a hostile takeover.
At the special general me...
The title "The Fourth Utility'' was intriguing, so about 100 people showed up to hear a talk about "intelligent buildings'' by SolutionInc Bermuda Ltd. and Lucent Technologies last Wednesday.
Computer...
The suit by Bermuda Fire & Marine Insurance Co. Ltd. liquidators against the company's former directors and about 1,000 shareholders of BF&M Ltd. will be heard by Supreme Court in May next year.
The c...
ended June 30, a gain of 32 percent over the same period 1997.
Income excluding net realised gains was $102.7 million, about 22 percent above that of last year's third quarter. The gains also represen...
TeleBermuda International Ltd. (TBI) lost $5.28 million, or $1.51 a share.
For the fiscal year ended December 31 the company had net revenue of $1.4 million, and expenses of $5.08 million, leading to ...
