76481 results returned for search: "" category "Business"
Oil Insurance Ltd., a Bermuda mutual insurer, could face a downgrade warned ratings agency Standard & Poor?s on Wednesday, acting on concerns that exposure to Hurricane Katrina-related losses could undermine the company?s financial state, which is al...
DATE: Sep 02, 2005
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The Igility Group said this week that it had inked its third strategic partnership of the year, as it unveiled a new partnership with Fibre Net Communications, a Bermuda provider of technology cabling services.
Since January, Igility, which provides ...
DATE: Sep 01, 2005
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Last week?s gabfest for central bankers and academics in Jackson Hole, Wyoming was an appropriate occasion for Greenspan to broach the topics of economic imbalances, asset inflation and risk. The Federal Reserve chairman is due to retire in January a...
DATE: Sep 01, 2005
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Most cosmetics lines formerly sold exclusively at Trimingham Brothers have now signed deals to supply the Island again via its two remaining department stores.
A.S. Cooper and Sons announced yesterday that it has also secured agreements to sell Clini...
DATE: Sep 01, 2005
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A growing trend by cash-rich hedge funds to invest in property-catastrophe reinsurance could be tested by Hurricane Katrina?s multi-billion dollar pricetag, those in the industry say.
While the total bill for insurers and reinsurers from Hurricane Ka...
DATE: Sep 01, 2005
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Bermuda-based insurance stocks were pounded for a third consecutive day yesterday as it became clear that damage from Hurricane Katrina on the US Gulf Coast was worse than originally thought.
IPC Re slumped 3.5 percent to close at $39.13 while Arch C...
DATE: Sep 01, 2005
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The Royal Gazette/Bermuda Stock Exchange Index gained 21.06 points yesterday to close at 3,628.25.
Butterfield Bank closed unchanged at $43.50 after investors traded 11,288 shares. Bermuda Commercial Bank Ltd. gained 50 cents and closed at $8 after i...
DATE: Sep 01, 2005
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LONDON (Bloomberg) ? Shares of Alea Group Holdings Plc fell after the Bermuda-based reinsurer said profit dropped 47 percent in the first half as it boosted reserves. Alea plans to raise about $210 million in a share sale to prevent a cut to its cred...
DATE: Sep 01, 2005
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Writs
A writ has been filed by the Bank of N.T. Butterfield & Son Limited against Mikal Fathee Sheeheed and Tricia Joy Sheeheed.
A writ has been filed by the Ministry of Finance against Eve's Cycle Livery Limited.
Incorporations
The Bank of N.T. Butt...
DATE: Aug 31, 2005
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Argent Classic Convertible Arbitrage Fund (Bermuda) Ltd. redomiciled its operations to the Cayman Islands In mid-August, a Bermuda Stock Exchange press release said last night.
The company now carries on business under the Mutual Funds Law (2003 Revi...
DATE: Aug 31, 2005
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