76472 results returned for search: "" category "Business"
A.M. Best has affirmed and removed from under review XL Capital?s ratings in reflection of the Bermuda-based company?s $3.2 billion capital raising including $2.4 billion in common equity and steps taken by the group to reduce its exposure to catastr...
DATE: Dec 22, 2005
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A.M. Best Co. has affirmed and removed from under review the ratings of Quanta Reinsurance Ltd. and its subsidiaries. The A- rating has a negative outlook.
The ratings action reflects the completion of Quanta?s common stock and preferred shares offer...
DATE: Dec 22, 2005
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Flagstone Reinsurance Limited, equipped with an 'A-' rating from influential ratings firm A.M. Best and $550 million in initial capital, yesterday became the ninth in a wave of Bermuda reinsurers to throw open its doors in recent weeks.
Flagstone, on...
DATE: Dec 21, 2005
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The Royal Gazette/Bermuda Stock Exchange Index fell 11.34 points yesterday to close at 3,885.17, a .29 percent change from Monday.
Bermuda Container Line led the way with 20,000 shares selling unchanged at $14.50. Butterfield Bank closed down $0.20 t...
DATE: Dec 21, 2005
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The amount of trips taken abroad by residents during the third quarter of this year surpassed all other quarters since the tracking of this statistic began in 1987.
A total of 47,917 overseas trips were taken by Bermuda residents during July ? Septem...
DATE: Dec 21, 2005
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Ariel Reinsurance, a new $1 billion Bermuda reinsurer, is already attracting steady interest from reinsurance buyers, its chief executive Donald Kramer said yesterday.
Mr. Kramer told Ariel has already seen numerous submissions from companies eager t...
DATE: Dec 21, 2005
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The combined impact of the unexpected mid-July electricity blackout and the closure of one of Bermuda?s major department stores resulted in varying spending levels across all sectors of the retail industry during the third quarter.
While a modest inc...
DATE: Dec 21, 2005
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Today we?re going to look at keyboards, the simple yet hugely important part of a computer that most of us take for granted.
There are two types of keyboard connections ? one, known as PS2, is the round one that we all know and love, colour coded on ...
DATE: Dec 21, 2005
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A Bacardi family member and company director was among those killed in a plane crash Monday in Miami, Florida.
Mr. Danguillecourt was ? along with his wife Jacqueline Kriz Danguillecourt ? among 16 passengers and two crew members onboard when the Cha...
DATE: Dec 21, 2005
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The Royal Gazette/Bermuda Stock Exchange fell 69.32 points yesterday to close at 3,895.51 as 7,700 Argus Group shares changed hands $1.70 lower than Friday at $1130.
Belco Holdings fell $1.65 to $40.35 on a volume of 1,000, while Butterfield Bank sha...
DATE: Dec 20, 2005
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