76472 results returned for search: "" category "Business"
A new hedge fund has been listed on the Bermuda Stock Exchange.
The BSX said yesterday that the ordinary shares of Jupiter Adria Ltd. had been approved for listing with effect from August 21.
Investments in the fund are limited to qualified investors...
DATE: Sep 01, 2006
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NEW YORK (Bloomberg) ? Insurers are reducing the amount of coverage they provide to companies at risk from natural disasters after last year's record hurricane season caused $57.3 billion in insured damages.
The amount of natural-catastrophe insuranc...
DATE: Sep 01, 2006
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LONDON (Bloomberg) ? Lloyd's of London underwriter Wellington Underwriting Plc will dispose of its remaining stake in Bermuda-based reinsurer Aspen Holdings Ltd. and also indicated it was too early to say if it was planning its own Bermuda platform.
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DATE: Sep 01, 2006
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Bermuda Commercial Bank will move into its new offices on Par-la-Ville Road on Tuesday.
The bank, which was previously located in the AWAC building on Victoria Street, are the main tenants in the Bermuda Commercial Bank at 19 Par-la-Ville, which was ...
DATE: Sep 01, 2006
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Solar Enterprises, a company formed more than 20 years ago to buy and develop land in the Turks and Caicos Islands, has delisted from the Bermuda Stock Exchange after selling the property and putting itself into liquidation.
Solar announced in Februa...
DATE: Sep 01, 2006
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The Royal Gazette/Bermuda Stock Exchange Index dropped 15.46 points to 4,911.24 yesterday in moderate trading.
The Butterfield Bank fell 25 cents to $59 on volume of 7,406 shares and Bermuda Aviation Services also slid 25 cents or 3.7 percent to $6.5...
DATE: Sep 01, 2006
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A chemical company is attempting to block a Bermuda-based investment fund from selling its stake.
St. Louis-based Solutia Inc. is seeking to block one of its largest shareholders, Lime Fund LLC and its Bermuda-based affiliate, Lime Overseas Fund Ltd....
DATE: Sep 01, 2006
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OSLO (Bloomberg) ? SeaDrill Ltd., an oil-drilling company set up by shipping billionaire John Fredriksen, said second-quarter profit rose as rising demand for offshore services boosted rig rates.
Net income at the Bermuda-based company, which was est...
DATE: Sep 01, 2006
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NEW YORK (Reuters) ? Bankrupt brokerage Refco Inc. and its customers and creditors may resolve differences over the terms of a repayment plan as soon as tomorrow, a person close to the matter said yesterday.
Settling would clear a major hurdle to con...
DATE: Aug 31, 2006
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The Royal Gazette/Bermuda Stock Exchange Index closed unchanged yesterday despite heavy trading in Butterfield Bank shares.
The bank's shares were unchanged at $59.25 despite 35,986 shares changing hands.
In addition, 400 Argus shares traded unchange...
DATE: Aug 31, 2006
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