76518 results returned for search: "" category "Business"
When I came back to Bermuda in 1988, anyone who was anyone in the insurance industry attended the functions held at the Bermuda Insurance Institute (the BII). The BII was the place to be seen in the insurance industry. However, over the years, the po...
DATE: Mar 24, 2003
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The Royal Gazette/Bermuda Stock Exchange Index closed up 2.218 points last week but volume was moderate and limited to just four issues.
The Index closed at 2,271.37 on volume of 17.049 shares worth $514.052.50.
The only share to change price was Key...
DATE: Mar 24, 2003
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The Royal Gazette/Bermuda Stock Exchange Index rose 5.51 points to close at 2,272.37 points yesterday in continued light trading.
Bank of Butterfield gained 25 cents to close at $33.25 on volume of 1,400 shares while BF&M was unchanged at $10.25 on v...
DATE: Mar 22, 2003
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In another sign of pure survival strategies, last week the New York Times reported that the Charles Schwab Corporation, struggling through the worst slump in its history, became the latest company to discontinue contributions to employee retirement p...
DATE: Mar 22, 2003
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Retailers saw sales increase for the second consecutive month in January, as strong demand for general goods boosted the retail sales index.
But some of the improvement was also attributed to unusually poor sales in January, 2002 when consumers were ...
DATE: Mar 21, 2003
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In today's jittery markets, investors are looking for something to steady their nerves.
Antoinette Bolden, managing director of the Emerald Financial Group seems to be "calm and collected" personified. "I'm a naturally calm person" she says.
She's ce...
DATE: Mar 21, 2003
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ACE Ltd. chief accounting officer Robert A. Blee has been named to the newly appointed post of chief compliance officer in a move the top insurer said demonstrated its commitment to integrity and financial transparency.
This new role will include res...
DATE: Mar 21, 2003
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Insurance and reinsurance companies make complicated forecasts for their financial performance, even though one key factor that cannot be forecast with any degree of accuracy in the property and catastrophe industry is loss.
In the life sector, morta...
DATE: Mar 21, 2003
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A new insurance company set up with backing from XL Capital specifically to provide terrorism cover for companies in Europe has ceased business due to lack of demand.
The demise of Special Risk Insurance & Reinsurance Luxembourg (SRIRL) set up in Jul...
DATE: Mar 21, 2003
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Bermuda-based Bacardi is asking its shareholders to approve the first step towards an initial public offering - a marked break with the past for the family-controlled drinks giant.
The Miami Herald reported yesterday that Bacardi has mailed proxies t...
DATE: Mar 21, 2003
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