76449 results returned for search: "" category "Business"
It was reported last Thursday that Fitch's Rating Service had given our economy an AA+ rating, quite possibly the highest ever received for an offshore jurisdiction and certainly for Bermuda itself.
Can it be a certainty that more insurers, captives,...
DATE: Sep 08, 2007
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Warwick is the latest parish to receive Bermuda CableVision's Broadband Link after it was rolled out in seven other parishes across the Island.
St. George's, St. David's, Hamilton Parish, Smith's, Devonshire, Pembroke and Paget are already wired up f...
DATE: Sep 08, 2007
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Banks' deficits of Bermuda dollars are at their highest for two years according to the latest figures released by the Bermuda Monetary Authority.
The total amount of $3.9 billion they are loaning out is $494 million, more than the $3.4bn they hold in...
DATE: Sep 07, 2007
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LONDON (Bloomberg) - Catlin Group, the biggest insurer on the Lloyd's of London market, said first-half profit was hurt by take-over costs and rose less than analysts estimated.
Pre-tax profit, closely followed by UK insurance analysts, advanced 14 p...
DATE: Sep 07, 2007
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NEW YORK (AP) - Wall Street shook off early uncertainty to close moderately higher yesterday as a series of mixed economic reports managed to make investors more optimistic about the chances for an interest rate cut.
The market was uneasy after the M...
DATE: Sep 07, 2007
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His name is synonymous with music in Bermuda - now it will act as a beacon to attract musicians and would-be musicians to a new kind of music store and instrument workshop in Pembroke.
Wendell (Shine) Hayward is this week working late into the night ...
DATE: Sep 07, 2007
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AUTHOR:
Scott Neil
TORONTO (Reuters) - The Toronto Stock Exchange's benchmark index ended more than 100 points higher yesterday, as the materials and energy sectors were energized by robust metals and oil prices.
The S&P/TSX composite index rose 112.41 points, or 0.8 p...
DATE: Sep 07, 2007
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LONDON (Reuters) - UK reinsurance broker Benfield, which is registered in Bermuda, has posted a 5.5 percent drop in first-half profit, hit by the weak dollar, declining rates and the impact of changes to Florida reinsurance provision.
The decline was...
DATE: Sep 07, 2007
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Butterfield Bank was the main player on the Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The bank's share price lost 15 cents (0.7 percent) off its value to close at $20.75, with 45,065 shares traded.
Argus Group Holdings Ltd. were the...
DATE: Sep 07, 2007
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Peter Watson has joined the board of directors of Flagstone Reinsurance Holdings.
He is vice chairman, president and CEO of Attorneys' Liability Assurance Society (Bermuda) Limited, a Bermuda-based mutual insurance company which provides reinsurance ...
DATE: Sep 07, 2007
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