76514 results returned for search: "" category "Business"
Everything appears to be going according to plan at Endurance Specialty. After a year and a half in business, the company has just announced first quarter net earnings of $51.2 million, up from $3.3 million in the first quarter of 2002.
It completed ...
DATE: May 16, 2003
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Platinum Underwriters Bermuda Ltd. is a great example of the opportunities for young Bermudians in the insurance field.
In January the company launched a search with the help of recruitment consultants, PricewaterhouseCoopers, for an executive traine...
DATE: May 16, 2003
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For the first time in its 70 year history, Watlington Waterworks said yesterday its net income - for the year ended December 31, 2002 - exceeded $1 million.
President and chief executive officer Allan Rance said the achievement was a result of strong...
DATE: May 16, 2003
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If the ideal of replacing expatriates in the insurance field with Bermudians is to become a reality, it's going to take a serious commitment on the part of exempt companies.
Many insurers are taking this challenge to heart by setting up the training ...
DATE: May 16, 2003
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Bermuda-registered ESG Re Limited yesterday reported a marginally improved quarter with losses of $1.8 million.
This compares with a net loss of $5.5 million for the same quarter last year and $24.7 million losses for the previous quarter.
The compan...
DATE: May 15, 2003
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The spring sales kicked off yesterday at Trimingham Brothers with hordes of shoppers flocking to get discounted items on the first day of the sale.
Men's shirts from $5 a pop and women's sweaters from $10 saw sales floors packed with bargain hunters....
DATE: May 15, 2003
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One of Bermuda's newest reinsurers, Platinum Underwriters Holdings Ltd., has named Gregory Morrison president and chief executive, replacing Jerome Fadden.
And the company, which was only floated at the end of October last year, has taken a $9.5 mill...
DATE: May 15, 2003
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Bermuda Commercial Bank saw its assets grow by 43.9 percent during the first half of the year after customer deposits soared compared to the same period a year earlier.
The company's assets grew from $582.74 million at the financial year end Septembe...
DATE: May 15, 2003
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Bank of Bermuda is helping university students and their parents manage the financial burden of higher education costs with the introduction of new, low education loan interest rates. The bank hopes that by offering students and their parents special...
DATE: May 15, 2003
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Arch Capital Group plans to consolidate its position in the market following a phenomenal period of growth which has seen profits soar and the company grow to having almost 50 employees on the Island.
Yesterday the company, which is one of the post S...
DATE: May 14, 2003
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