76514 results returned for search: "" category "Business"
AXIS Capital Holdings Limited, one of Bermuda's post 9/11 insurance start-ups yesterday announced strong profits for the first quarter 2003.
Gross premiums written for the quarter were $608.6 million compared to $265.7 million for the quarter ended M...
DATE: May 02, 2003
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Low claims helped drive Bermuda-based reinsurer Montpelier Re Holdings Ltd. to net income of $103.8 million, or $1.56 diluted earnings per share, for the first three months of the year, 2003.
Montpelier Re, formed in the wake of the September 11, 200...
DATE: May 02, 2003
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Exempted companies and insurance companies incorporated in Bermuda can provide a window of opportunity to crooks trying to launder money, according to the acting Director of Public Prosecutions, Kulandra Ratneser.
And he warned that if professionals ...
DATE: May 02, 2003
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CUSTOMERID
Customer identification in the increasingly common circumstances in which banks find themselves being asked to open account relationships without being able to meet customers face to face in order to verify identity.
The Cross Border Grou...
DATE: May 02, 2003
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Bankers may be finally waking up to the fact that customers do not want to hear a pitch for a new investment product or pension each time they call their bank to make a transfer or check a payment.
Known in the business as "cross selling", pestering ...
DATE: May 02, 2003
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Bermuda's know your customer procedures can be traced back over 60 years to the Defence (Finance) Regulations of 1940. These Regulations were introduced to ensure that Bermuda's assets were kept out of the hands of wartime enemies.
After 1945, the fo...
DATE: May 02, 2003
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The Bermuda branch of accountancy firm KPMG has announced that its Senior Partner Mr. Robert Steinhoff will officially retire on 27 June 2003.
Mr. Steinhoff began his career with the firm after completing his Bachelor of Business degree at Dalhousie ...
DATE: May 01, 2003
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Mutual Risk Management made significant steps during April towards putting their past difficulties behind them.
The company has undergone a restructuring process to avoid bankruptcy and the insurer is now carrying on under the new name, IAS Park.
A C...
DATE: May 01, 2003
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A Republican congressman who sits on the House Ways and Means Committee is proposing a tax rate cut for foreign earned income which could bring more than $135 billion held by US companies overseas back onshore, according to one Texas newspaper.
As Co...
DATE: May 01, 2003
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White Mountains Insurance Group, Ltd. ended the first quarter of 2003 with profits of $92 million compared to losses of $40 million for the first quarter of 2002.
The company recorded a fully converted tangible book value per share of $267, an annual...
DATE: May 01, 2003
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