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A microscopic movement was recorded in the Royal Gazette / Bermuda Stock Exchange as it rose 0.09 points (0.00 percent) to 4,981.39 after 15,679 shares were traded, representing a value of $174,742.50.
The only movement in share price was MediaHouse ...
DATE: Feb 23, 2007
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The preconception is that Bermuda is a low-tax jurisdiction and Canada a high-taxing country.
The reality is just the opposite — if you’re trying to run a small business.
That is what those running the Igility Group of Companies have found since they...
DATE: Feb 22, 2007
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AUTHOR:
Jonathan Kent
WASHINGTON (AP) — A lawyer for AT&T argued before a sceptical Supreme Court yesterday that Microsoft is violating one of its patents when it sends its Windows software overseas to be copied and placed on personal computers.The case has implications b...
DATE: Feb 22, 2007
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NEW YORK (AP) — Stocks finished mixed after consumer prices showed a larger-than-expected increase in January and minutes from the Federal Reserve’s last meeting showed the central bank considered but decided against taking a more dovish tone on the ...
DATE: Feb 22, 2007
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Florida homeowners’ relief at the decision of the state to take on much of the catastrophe loss risk reminds one Bermuda reinsurance boss of people “drinking champagne on the stern of the Titanic”.
IPC Holdings Ltd. president and chief executive offi...
DATE: Feb 22, 2007
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AUTHOR:
Jonathan Kent
A 16-page advertising feature on Bermuda is to appear in the US financial magazine SmartMoney.
“Bermuda: The Best of Both Worlds” has been produced by the Bermuda International Business Association (BIBA), the Ministry of Finance, the Bermuda Stock E...
DATE: Feb 22, 2007
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Troubled reinsurer Scottish Re has delayed by one week an extraordinary meeting of shareholders to vote on a take-over of the business after another twist in its downward fortunes following fourth quarter losses of $231.6 million.
Within hours its fi...
DATE: Feb 22, 2007
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AUTHOR:
Scott Neil
NEW YORK (AP) — Bermuda-based reinsurance company RenaissanceRe Holdings Ltd. said that it will pay $13.5 million to settle a consolidated class action securities lawsuit.The settlement does not involve an admission of liability by the company, accor...
DATE: Feb 22, 2007
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A day of decline on the Royal Gazette / Bermuda Stock Exchange saw the market close below 5,000 points for the second time this week.
There was a 45.03 point fall (0.90 percent) as the market slid to 4,981.30 on a day when shares valued at $572,230 w...
DATE: Feb 22, 2007
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Florida homeowners? relief at the decision of the state to take on much of the catastrophe loss risk reminds one Bermuda reinsurance boss of people ?drinking champagne on the stern of the ?.
IPC Holdings Ltd. president and chief executive officer Jim...
DATE: Feb 22, 2007
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
