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The Royal Gazette/Bermuda Stock Exchange Index fell 5.64 points yesterday to close at 4,436.41.
On a moderate day of trading, BF&M traded down 50 cents from its record high of $18.50 to close at $18 on volume of 1,000 shares.
Butterfield Bank traded ...
DATE: Apr 28, 2006
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XL Capital president Brian O?Hara launched a year of celebratory events yesterday by opening a commemorative wall at the company?s headquarters in Bermuda.
The company traces its existence back to a capacity shortage in the mid-1980s which threatened...
DATE: Apr 28, 2006
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WASHINGTON (Dow Jones/AP) ? Stock of reinsurance company Ram Holdings Ltd. rose yesterday, in its initial public offering on the Nasdaq Stock Market.
In afternoon trading, the Bermuda-based company?s shares rose three percent to $13.35.
A total of 9....
DATE: Apr 28, 2006
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NEW YORK (Bloomberg) ? MBIA Inc., the world?s biggest bond insurer, said first-quarter profit fell 6.5 percent, the fourth consecutive decline. Sales of new policies plunged as municipal debt sales dropped and competition increased.
Net income slid t...
DATE: Apr 28, 2006
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The Cayman Islands, a domicile known for attracting captive insurers and hedge funds, is now being eyed as a potential commercial insurance market, its regulator said this week.
Mary Lou Gallegos, head of insurance supervision at the Cayman Islands M...
DATE: Apr 28, 2006
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Bermuda-based investment firm W.P. Stewart reported virtually flat net income for the first quarter of 2006 while assets under management rose by $500 million year over year.
W.P. Stewart said net income for the three months to March 31 was $12.7 mil...
DATE: Apr 28, 2006
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WRITS
In the matter of the Sun's Group Limited in the matter of the Companies Act 1981.
INCORPORATIONS
Karen Patterson as Trustee of The Hideaway Trust is applying to incorporate a local company with limited liability to be called Ridgeway Heights Li...
DATE: Apr 28, 2006
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CHICAGO (Reuters) ? Oilseed processor and fertilizer producer Bunge Ltd. yesterday reported that quarterly profit dropped a worse-than-expected 41 percent on continued struggles in South America, sending its shares down 5.6 percent.
Bermuda-registere...
DATE: Apr 28, 2006
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George Melling, Director of Facilities Management for the Bermuda Hospitals Board, has been honoured by the British Institute of Facilities Management (BIFM) with their prestigious Fellow Certificate.
As one of fewer than 200 people in the world with...
DATE: Apr 28, 2006
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The Minister of Telecommunications and E-Commerce pledged to improve Bermuda's state of e-readiness a day after it received an overall ranking of 20th in an Economist Intelligence Unit/IBM global survey.
"While there is much cause for celebration, th...
DATE: Apr 28, 2006
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