76528 results returned for search: "" category "Business"
Bermuda-based insurance company Trenwick yesterday said it had reached an agreement in principle with its Lloyd's letter of credit providers which would allow it to carry on underwriting at London insurance market Lloyd's in 2003.
The company had bee...
DATE: Dec 10, 2002
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In the matter of Ocean Challenge Limitd and in the matter of the Companies Act 1981. 5 December 202. Conyers Dill & Pearman.
East End Asphalt Co. Ltd v. Salibury Construction Co Limited. 6 December 2002. Appleby Spurling & Kempe.
Cyril, Elah, & Cyrel...
DATE: Dec 10, 2002
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The Royal Gazette/Bermuda Stock Exchange index closed at 2,236.51 up 11.92 points yesterday.
The biggest movers were the Bank of Butterfield which traded 6,588 shares and gained 25 cents to close at $31.25 and Bermuda Commercial Bank Ltd which traded...
DATE: Dec 10, 2002
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Bermuda-based Bacardi Ltd. has launched a search for a new chief executive, with plans to split the jobs held by current chairman and chief executive Ruben Rodriguez, according to The Miami Herald.
The paper reported that Rodriguez will remain chair ...
DATE: Dec 10, 2002
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A $1,200 telephone bill prompted Sebastian Stephens to begin building a Caribbean telecommunications network.
Mr. Stephens, who had previously built a telecommunications network across 18 European countries, said paying more than $1,000 for telephone...
DATE: Dec 10, 2002
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A commutation agreement between subsidiaries of Mutual Risk Management is binding and should go ahead, according to a recent ruling by a Pennsylvania Court.
The agreement, which the court said was in the best interest of all parties, would see Mutual...
DATE: Dec 09, 2002
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Recently President Bush signed into policy, the much awaited terrorism bill. The insurance industry had been working behind the scenes to push this bill through with the argument that should there be another terrorist attack of the magnitude of Septe...
DATE: Dec 09, 2002
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The Royal Gazette/Bermuda Exchange for week ending Friday, December 6, 2002 closed at 2,224.59, a fall of 2. 204 points.
The biggest mover of the week was Bermuda Commercial Bank Ltd whose share price edged down 50 cents.
KeyTech Ltd. redeemable pref...
DATE: Dec 09, 2002
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The Bank of Bermuda and the Bank of Butterfield have both had to terminate their US dollar cheque facilities.
In the past, both banks offered US dollar current accounts with cheques cleared by US counterparts such as Deutche Bank (formerly Bankers Tr...
DATE: Dec 09, 2002
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The Royal Gazette/Bermuda Stock Exchange Index closed down 2.63 points yesterday with volume of 3,250 shares traded.
Argus Insurance Co. Ltd. fell 40 cents $20 on volume of 1,400 shares while1,000 KeyTech Ltd. redeemable preference shares were traded...
DATE: Dec 07, 2002
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