76497 results returned for search: "" category "Business"
Shares of Bermuda-based Alea Group Holdings Ltd. had their biggest drop since the reinsurer first sold stock 15 months ago after Alea said it will set aside as much as $80 million for US professional liability reinsurance claims.
The reserve strength...
DATE: Jan 21, 2005
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The Royal Gazette/Bermuda Stock Exchange Index yesterday saw no change but one BSX-listed company's shares did trade.
The Index remained at 3,213.12 points while Bermuda Container Line Ltd. investors held at $13 on volume of 500 shares.
DATE: Jan 21, 2005
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Ratings agency Fitch yesterday affirmed the the 'AA-' insurer financial strength (IFS) rating of Bermuda-based Attorneys' Liability Assurance Society.
Fitch said the outlook for the ALAS rating was stable, or unlikely to change.
The agency said the s...
DATE: Jan 21, 2005
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January 21, 2005
WRITS
A writ has been filed by The Bank of N.T. Butterfield & Son Limited against Demco Limited and David Dunkley.
A writ has been filed in the matter of the administration of Justice Prerogative Writs Act 1978, in the matter of the ...
DATE: Jan 21, 2005
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World on Wireless has solved its problems with signals fading because of rain, but founder Gavin Wilson said that it may take until the end of the year to solve other signal problems being experienced by some customers.
At the same time however, Mr. ...
DATE: Jan 20, 2005
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A visit by big wigs from multinational banking giant HSBC next week may bring home just how much the sale of the Island?s largest bank ? the Bank of Bermuda ? changes the face of the institution.
The bank ? not only the Island?s largest financial ins...
DATE: Jan 20, 2005
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Bank of Bermuda has launched banking by appointment at the community banking level. The time-saving service provides customers with the option to schedule a one-hour appointment with a personal banker to open, amend, or close an account, or enquire a...
DATE: Jan 20, 2005
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LONDON (Bloomberg) ? Saudi Prince Alwaleed bin Talal, the world?s fourth-richest man, and HBOS Plc, Britain?s fourth-biggest bank, agreed to buy London?s Savoy Hotel from a group of Irish investors for an undisclosed sum.
Fairmont Hotels & Resorts In...
DATE: Jan 20, 2005
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The Royal Gazette/Bermuda Stock Exchange Index yesterday advanced 10.41 points to 3,213.12.
Bermuda Container Line Ltd., which announced stron trading results and an extra dividend on Tuesday, rose $2 to $13 on volume of 2,566 shares.
Bermuda Commerc...
DATE: Jan 20, 2005
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LONDON (Reuters) ? Reinsurers appear to be ignoring calls by executives in the industry to keep prices high and instead are cutting premium rates to win new business, a report issued yesterday by a leading reinsurance broker stated.
The world?s large...
DATE: Jan 20, 2005
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