76528 results returned for search: "" category "Business"
A class action lawsuit has been filed against Bermuda-based Annuity and Life Re (Holdings), Ltd (the "Company") in the district court of Connecticut.
The complaint alleges that the defendants violated federal securities laws by issuing a series of ma...
DATE: Dec 06, 2002
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Emig - new CableVision plant manager
yesterday announced the appointment of as its new plant manager and trainer.
In this role, Mr. Emig will reportedly be responsible for managing the day-to-day operations of CableVision's new plant and headend, or ...
DATE: Dec 06, 2002
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The Royal Gazette/Bermuda Stock Exchange Index was unchanged yesterday at 2,227.23 as just 56 Bank of Butterfield shares traded unchanged at $31.
DATE: Dec 06, 2002
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Pressure continues to mount against American companies that move to Bermuda but leave operations on US soil.
Auditors may lose the right to advise such companies on moves offshore, certain US states are lobbying that offending companies be taken off ...
DATE: Dec 06, 2002
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Top Layer Reinsurance Ltd., a joint venture between Renaissance Re and US insurer State Farm Mutual Automobile insurance, has had its financial strength rating lowered by Standard & Poor's in conjunction with a lowering of State Farm's rating.
Top La...
DATE: Dec 04, 2002
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The announcement this week that financially troubled Bermuda insurance company Trenwick would suspend payment of its preferred share dividends, got it a rating downgrade from Standard & Poors.
The company, which is currently trying to come to some ar...
DATE: Dec 04, 2002
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Arthur Andersen's Bermuda-based captive - Professional Services Insurance Company Ltd. - is seeking to establish a solvent scheme of arrangement with creditors.
Although the captive's solvency was questioned earlier this year - after it initially sai...
DATE: Dec 04, 2002
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Beleaguered Bermuda insurance and financial services company Mutual Risk Management reported in a US regulatory filing this month that its 2001 losses had widened by more than $10 million to nearly $110 million.
In April, the company - which has almo...
DATE: Dec 04, 2002
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Recently I visited the camera section of a computer store and was surprised at the new cheap range of mini digital cameras available for the snapshot buff, or for the spies among us.
The couple I tested out, including a pen camera that stores in a sh...
DATE: Dec 04, 2002
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A group including Acquisitor Holdings (Bermuda) Ltd. reported having a 7.34 percent stake in Mercury Air Group Inc., according to a filing on Monday with the Securities and Exchange Commission.
The group said it purchased Mercury Air stock because it...
DATE: Dec 04, 2002
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