76478 results returned for search: "" category "Business"
The Royal Gazette/Bermuda Stock Exchange Index yesterday rose 17.41 points, or 0.47 percent to 3,696.89 as Butterfield Bank shares closed at $45.
Butterfield Bank rose 50 cents on volume of 12,838 shares while the only other issue to change price was...
DATE: Sep 22, 2005
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AXIS Capital Holdings Limited expects net losses related to Hurricane Katrina to be between $500 million and $650 million.
These are estimated to be within its current expectations of consolidated operating income for 2005, assuming no other large lo...
DATE: Sep 22, 2005
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Industrial conglomerate Nabors Industries Ltd., a Bermuda company, said yesterday it was closing up its Houston office, and postponed an analyst meeting for next Wednesday, as it braces for the potential impact from Hurricane Rita. The company, which...
DATE: Sep 22, 2005
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Consumers will see insurance policy prices rise in the next year as a result of Hurricane Katrina, according to domestic insurance market executives.
Insurers that sell home, boat and health policies locally are bracing to pay higher reinsurance cost...
DATE: Sep 22, 2005
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Bermuda-incorporated mutual fund MDL Active Duration Fund and its Bermuda directors have asked a US federal court to dismiss a lawsuit filed by Ohio Attorney General Jim Petro to recover a $215 million investment by the Ohio Bureau of Workers? Compen...
DATE: Sep 22, 2005
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Businessman Harold Darrell's long-awaited human rights hearing got off to a false start yesterday, after it was adjourned by Human Rights Tribunal chairman Paul King to allow Mr. Darrell time to produce a list of witnesses.
Mr. Darrell has been fight...
DATE: Sep 22, 2005
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Concern about an upside to inflation risk has increased in the aftermath of Hurricane Katrina. But, the economic impact of the storm has merely exacerbated untoward trends in inflationary pressures that were already in place. A few months ago, leadin...
DATE: Sep 22, 2005
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Hedge funds looking to hire new talent face an aggressive market today with experienced candidates aware of the opportunities available to them as well as the realities of supply and demand. In such an environment, panellists at the MARhedge fund for...
DATE: Sep 22, 2005
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The Royal Gazette/Bermuda Stock Exchange Index yesterday rose 24.42 points or 0.67 percent yesterday as Butterfield Bank shares closed at an all-time high.
Butterfield, the only issue to change price, rose 50 cents to close at $44.50 on volume of 1,3...
DATE: Sep 21, 2005
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Bermuda continues to lose out to the Cayman Islands as a hedge fund domicile, industry insiders at a two-day conference on the Island heard yesterday.
Some 600 high net-worth investors and fund managers, as well as fund administrators who provide sup...
DATE: Sep 21, 2005
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