76472 results returned for search: "" category "Business"
sEnergy Insurance Ltd., a Bermuda-based mutual insurer providing business interruption and property damage insurance to energy companies, won?t sell any more policies after May 15, it said in a press statement last night.
sEnergy cited economic reaso...
DATE: Apr 11, 2006
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The Royal Gazette/Bermuda Stock Exchange Index gained 11.94 points yesterday to close at 4,359.37.
On a quiet day of trading Butterfield Bank was the only issue to advance, gaining 25 cents to close at $55.75 on volume of 14,600 shares.
While no othe...
DATE: Apr 11, 2006
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A.M. Best may require less capital for some insurance companies to support catastrophe exposure after it modifies its catastrophe stress test.
The modifications come as a result of recent enhancements to catastrophe management tools available to the ...
DATE: Apr 11, 2006
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ith the Easter launch of Suits You, Julie Hendrickson hopes to provide working women in Bermuda with a variety of outfits with a more corporate image.
Ms Hendrickson said Suits You will only offer a limited number of lines in the same style and aims ...
DATE: Apr 11, 2006
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Ram Holdings Ltd., a Bermuda-based financial guaranty reinsurer, yesterday filed to sell up to $240 million in stock through an initial public offering on the Nasdaq.
The initial stock offering, now priced in a range between $14 and $16, will trade a...
DATE: Apr 11, 2006
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NEW YORK ? As the US airline industry unravelled over the past five years, JetBlue Airways Corp. proved that a carrier with the right mix of low overhead, cheap fares and distinguished service could succeed during a punishing downturn.
The outlook fo...
DATE: Apr 10, 2006
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Security Capital Assurance Ltd., a newly formed Bermuda holding company for the financial guaranty units of XL Capital, on Friday filed a registration statement to list its shares on the New York Stock Exchange.
The company will use the proceeds of t...
DATE: Apr 10, 2006
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Security Capital Assurance Ltd. was formed as a Bermuda company in March for the sole purpose of becoming the parent company to XL Capital Assurance Inc. and XL Financial Assurance Ltd. The former sells financial guaranty insurance products in three ...
DATE: Apr 10, 2006
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A consortium of investors have formed a new Bermuda reinsurer ? Paris Re ? as part of a bid to take over the reinsurance business of French insurer Axa SA.
Axa on Friday said it received a binding offer from the consortium of private-equity firms led...
DATE: Apr 10, 2006
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Bermuda Keyholders Service have expanded from providing home fire inspections to becoming the 911 of home services.
Bermuda Fire Service Sergeants Steven Caines and Troy Brimmer and retired Sergeant Charles Pearman established Bermuda Keyholders Serv...
DATE: Apr 10, 2006
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