76511 results returned for search: "" category "Business"
The floating of Axis Specialty yesterday confirmed Bermuda as the world centre for insurance and reinsurance, said Michael Butt, chairman of the company.
Yesterday Axis started trading on the New York Stock Exchange under the ticker symbol AXS, raisi...
DATE: Jul 02, 2003
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The Royal Gazette/Bermuda Stock Exchange Index dipped yesterday after Argus Insurance shares lost some ground.
The Island's insurer's stock lost 25 cents to close at its 52 week low of $19.00. The only other stock to trade was Bank of Butterfield, wh...
DATE: Jul 02, 2003
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How are modern men and women becoming more technologically advanced?
We are snapping up DVD players, digital cameras and adding broadband connections to our homes. We are using e-mail more and - if we have broadband - we are listening in and watching...
DATE: Jul 02, 2003
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Creditors of two Bermuda companies set up by a businessman indicted in an international fraud inquiry are meeting today to discuss putting them into liquidation.
Canadian broker Mark Valentine is facing trial in Florida on security fraud charges afte...
DATE: Jul 02, 2003
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There will be no free for all in the telecommunications market - despite recommendations for Government to open up the industry in the E-business Green Paper said the Director of Telecommunications, Greg Swan.
The Green Paper, published in May, recom...
DATE: Jul 02, 2003
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A Pennsylvania judge has finally ordered the liquidation of Legion Insurance Co. and said that it would have been cheaper to allow the company to collect its reinsurance without state intervention.
Legion, which is owned by Mutual Risk Management, ha...
DATE: Jul 02, 2003
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The cost of Internet in Bermuda could be cut dramatically with a new project in the pipeline, according to Telecommunications Director Greg Swan.
And the project, which is still under wraps, could be unveiled as soon as next month, according to Mr. S...
DATE: Jul 02, 2003
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NEW YORK (Reuters) - XO Communications Inc. offered $200 million in cash to certain Global Crossing Ltd. bondholders to encourage them to back its takeover offer for the bankrupt telephone company.
In making the latest $200 million overture, XO hopes...
DATE: Jul 01, 2003
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Bermuda-based White Mountains Insurance Group, Ltd. on Friday announced that it has filed an unallocated universal shelf registration statement with the US Securities and Exchange Commission.
Once the shelf registration statement has become effective...
DATE: Jul 01, 2003
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NEW YORK (Dow Jones/AP) - AXIS Capital Holdings Ltd. became the latest in a string of Bermuda-based insurance companies to come public since the Sept. 11 terrorist attacks, rising in its market debut Tuesday.
In afternoon trading, shares of AXIS were...
DATE: Jul 01, 2003
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