76472 results returned for search: "" category "Business"
The Royal Gazette/Bermuda Stock Exchange Index remained unchanged yesterday to close at 3,881.69.
While no issues changed price on a quiet day on the Exchange, Butterfield Bank traded in 6,209 shares to remain unchanged at $46.60 and 100 Kentucky Fri...
DATE: Jan 13, 2006
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WASHINGTON (Dow Jones) ? Quanta Capital Holdings Ltd. said Monday that it signed a $3 million separation pact with its former chief executive, Tobey J. Russ.
The embattled insurance company also said that it would pay Russ about $105,000 for unpaid v...
DATE: Jan 13, 2006
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NEW YORK (Bloomberg) ? Everest Re Group Ltd. yesterday raised its loss estimate from Hurricanes Katrina, Rita and Wilma to $1.2 billion from $1 billion and said its full-year loss would be higher-than-expected.
Everest Re previously forecast $1 billi...
DATE: Jan 13, 2006
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Consumers paid 2.8 percent more for goods and services in November, 2005 than a year ago with increased prices for rents were offset by declines in food and gas prices.
This rate of price increase fell below the 2.9 percent recorded in the previous m...
DATE: Jan 13, 2006
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As CellularOne gets ready to celebrate its seventh anniversary in July, the company has launched a pre-emptive campaign to reward customer loyalty and introduce new services.
CellularOne CEO Michael Leverock said seven years is significant because th...
DATE: Jan 13, 2006
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Demand is outstripping supply in the commercial real estate sector, with space at a premium both for office and retail space, according to local real estate firm Coldwell Banker Bermuda.
The arrival of at least 11 Class of 2005 reinsurance start-ups ...
DATE: Jan 13, 2006
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LONDON (Reuters) ? Widespread price hikes across the reinsurance business, which had been anticipated in the wake of last year?s hurricane claims that could reach $80 billion, have not materialised, a top reinsurance broker said yesterday.
The chief ...
DATE: Jan 13, 2006
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Tyco International Ltd.?s board yesterday voted to split into three companies, dismantling the conglomerate built by jailed former Chief Executive Officer Dennis Kozlowski, according to a person familiar with the decision.
Tyco?s health-care and elec...
DATE: Jan 13, 2006
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The Royal Gazette/Bermuda Stock Exchange Index fell 2.34 points yesterday to close at 3,881.69.
On a day of light trading LOM fell 20 cents to close at $2.80 as investors traded in 900 shares.
While no other issue changed price, Butterfield Bank trad...
DATE: Jan 12, 2006
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NEW YORK (Bloomberg) ? The US should cut the cost of insuring against disasters such as Hurricane Katrina and the September 11 terrorist attacks by abandoning measures that protect domestic reinsurers, said Peter Levene, chairman of Lloyd's of London...
DATE: Jan 12, 2006
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