76483 results returned for search: "" category "Business"
Eighteen funds have left Bermuda due to negative impacts tied to the European Union?s Directive on the taxation of savings income which came into force on July 1.
According to the Bermuda Monetary Authority, the 18 discontinued funds had a total net ...
DATE: Aug 09, 2005
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Restaurateur Constanzo Di Meglio, a partner in the thriving Little Venice Group, knows a thing or two about a gourmet meal and a nice bottle of wine, but he?s on a learning curve now with the group diving into the new, quick-paced world of take-away ...
DATE: Aug 09, 2005
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Bermuda life reinsurer Annuity & Life Re said in an earnings report on Thursday night that it lost $539,968 in the second quarter.
Annuity?s loss, equal to a shareholder loss of two cents a share, compared to a loss during the same period last year o...
DATE: Aug 08, 2005
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(Bloomberg) ? Maurice Greenberg, the ousted chief executive of American International Group Inc., contested the insurer?s $3.9 billion profit restatement, telling investigators that much of it was unnecessary and driven by fear.
In a memo to US regul...
DATE: Aug 08, 2005
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An Internet company being investigated by the US Securities and Exchange Commission for unusual trading activity and possible ties to a convicted Canadian stock manipulator used a private placement through Bermuda-based intermediary Lines Overseas Ma...
DATE: Aug 08, 2005
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Finance Minister Paula Cox took concerns about the impact of a European Union tax directive on investment funds located in Bermuda directly to tax officials in Berne, Switzerland last week.
Finance officials said the tax directive, which came into ef...
DATE: Aug 08, 2005
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The Royal Gazette/Bermuda Stock Exchange Index gained 195.937 points last week to close at 3,573.18.
Butterfield Bank closed unchanged at $42.50 after 57,783 shares moved. LOM Holdings Limited lost 10 cents to close at $2.90 after investors traded 25...
DATE: Aug 08, 2005
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August 9 to 11, at the Sheraton Hotel, Burlington, VT. The VCIA Annual Conference, held every August, is the largest gathering of captive insurance professionals in the world. The 2004 conference attracted some 1,200 people from nine countries and 42...
DATE: Aug 08, 2005
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Four new insurance companies were handed licences to do business from Bermuda last month, with incorporation activity on par with July 2004.
At least three of the four insurance incorporations were captive companies ? vehicles set up to insure their ...
DATE: Aug 08, 2005
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Even though this is only the third week for this column, we're going to do a little recapping about how to start getting rich slowly. That's because some people told me they missed one or the other of the previous columns, and because learning how to...
DATE: Aug 06, 2005
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