76504 results returned for search: "" category "Business"
Hundreds from the insurance sector will be hearing from leading risk managers and brokers today as the World Insurance Forum kicks off in earnest.
The biennial insurance event, now happening for the sixth time, started yesterday with a WIF golf tourn...
DATE: Jun 08, 2004
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Twelve Bermudian university students were yesterday named as participants in a ten-week internship programme with three of the Island?s leading firms.
The programme, which is designed to introduce the students to working in the insurance, financial a...
DATE: Jun 08, 2004
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The Royal Gazette/Bermuda Stock Exchange Index yesterday saw no change with it closing where it opened at 3,103.77 points.
Butterfield Bank saw its investors buy and sell 693 shares although there was no change to the share price of $42.95.
LOM (Hold...
DATE: Jun 08, 2004
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A.M. Best Co. announced that it has assigned a rating of ?bbb+? to ACE INA Holdings, Inc.?s $500 million ten-year 5.875 percent senior unsecured notes. Moody?s Investors Service has assigned the notes an A3 rating.
ACE INA Holdings announced the plan...
DATE: Jun 07, 2004
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(Bloomberg) ? Democratic lawmakers asked Homeland Security Secretary Tom Ridge to reconsider awarding a contract worth as much as $10 billion to a group led by Accenture Ltd., which is based in Bermuda, a haven from US taxes.
Representative Rosa DeLa...
DATE: Jun 07, 2004
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Arch names Finelli
Arch Insurance Group, a division of Bermuda-based Arch Capital Group Ltd., has announced that Bob Finelli has been named senior vice president for its global property division, effective May 24.
Mr. Finelli's roles and responsibili...
DATE: Jun 07, 2004
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Highlights of Argus' financial results for the year ending March 31, 2004:
Net income: $16.6 million (+15%)
Investment income: $25.5 million (+42%)
Earnings per share: $2.30 (+15%)
Total claims from Hurricane Fabian: $60 million
Investment gain from...
DATE: Jun 07, 2004
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The Royal Gazette/Bermuda Stock Exchange Index ended the week down 1.37 percent at 3,103,77.
The week saw trading in 48,964 shares, with a turnover of shares worth $1,257,807.30.
There were three declines: KeyTech, which dipped $1.50 or 13.04 percent...
DATE: Jun 07, 2004
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The Argus Group has announced that net income for 2004 rose 15 percent as a jump in investment income offset claims from Hurricane Fabian and losses in the company's motor insurance division.
Argus chief executive officer Gerald Simons said in a stat...
DATE: Jun 07, 2004
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Ingersoll expects Q2 earnings of up to $1.30 per share
Bermuda-based Ingersoll-Rand said it still expects second-quarter earnings of $1.20 to $1.30 per share, buoyed by strength in its major construction and industrial end markets.
Chief executive of...
DATE: Jun 07, 2004
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