76472 results returned for search: "" category "Business"
White Mountains Re, a unit of Bermuda-based White Mountains Group, said it was selling subsidiary Sirius America Insurance Co. to an investor group for some $139 million.
White Mountains, under the terms of the sale, will acquire an 18 percent stake ...
DATE: Apr 13, 2006
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The Royal Gazette/Bermuda Stock Exchange Index fell 4.80 points yesterday to close at 4,354.57.
On a quiet day of trading Belco was the only issue to decline as its share price fell 50 cents to close at $38.50 on volume of 337 shares.
While no other ...
DATE: Apr 13, 2006
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n the reinsurance world, Bermuda has for years staked its claim as the market?s laboratory, where innovation driven by upheavals in the dominant US property/casualty segment has produced a kaleidoscope of startups and multitasking underwriters.
But f...
DATE: Apr 13, 2006
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CellularOne presented Sylvia Morris with a $10,000 ?loyalty reward?.
Ms Morris, the second customer to receive a loyalty reward prize, received the cash amount during a rewards presentation, which saw Michael Leverock, chief operating officer, bring ...
DATE: Apr 13, 2006
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(Bloomberg) ? Bermuda-based Intelsat Ltd., the world?s second- biggest satellite operator, is optimistic it will win approval from the US Federal Communications Commission for a planned purchase of PanAmSat Holding Corp.
Intelsat chief executive offi...
DATE: Apr 13, 2006
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Bermuda-based PXRe yesterday saw further, and final, credit downgrades, after the reinsurer late on Tuesday asked major rating agencies to no longer keep the company on watch.
Rating firms A.M. Best Co. and Standard & Poor?s both lowered PXRe?s ratin...
DATE: Apr 13, 2006
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BF&M Limited, an insurer providing services to the domestic market, said its 2005 profit grew by 70 percent as its previously poor performing health insurance division turned a profit.
BF&M?s earnings grew to $16.9 million compared to $9.9 million in...
DATE: Apr 12, 2006
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A personal caching device, an e-government aid and streaming TV are part of the latest developments on the Internet this week.
The best one is Webaroo, a free piece of software allows you to search and browse real web pages without a connection.
This...
DATE: Apr 12, 2006
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AUTHOR:
Ahmed Elamin
The Royal Gazette/Bermuda Stock Exchange Index remained unchanged yesterday to close at 4,359.37.
On a quiet day of trading Butterfield Bank traded in 1,640 shares to close unchanged at $55.75 and Bermuda Bakery traded in 500 shares to close unchange...
DATE: Apr 12, 2006
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A $40 cover charge lasted just two months at The Deep after the newly reopened nightclub learned the hard way that despite the fact that Bermuda is one of the most affluent societies in the world, customers are not willing to pay so much as an entry ...
DATE: Apr 12, 2006
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