76539 results returned for search: "" category "Business"
ACE Ltd. yesterday warned that its operating earnings for the third quarter will be reduced by approximately $90 million, principally from the central European floods this summer.
ACE is the second Bermuda-registered insurer to report a loss from the...
DATE: Sep 19, 2002
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KeyTech, the parent company of BTC, BTC Mobility, Logic and part owner of CableVision yesterday sought to clarify the criteria for approving their capital restructuring plan.
A release made through the Bermuda Stock Exchange said: "KeyTech wishes to ...
DATE: Sep 19, 2002
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ACE CEO Brian Duperreault said there was a world of difference between his company being incorporated in the Cayman Islands while its operations are in Bermuda compared to US companies that set up shell companies on the Island for tax reasons while l...
DATE: Sep 19, 2002
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A US shareholder in KeyTech Ltd. has claimed foreign investors are being discriminated against under a capital restructuring plan which was narrowly approved last week.
Mr. Wistar Morris III said yesterday he believed the restructuring had been propo...
DATE: Sep 18, 2002
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HAMILTON, Bermuda (BUSINESS WIRE) - ESG Re Limited (ESREF) announced this week that the company has retained Sharyn A. Ashman, CPA, as an independent consultant to review the company's internal financial controls. The review was initiated after the c...
DATE: Sep 18, 2002
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The Bermuda Stock Exchange (BSX) has announced the approval of the listing of up to 999,000 Ordinary Shares of the Global Investment Basket Limited.
The company was incorporated in Guernsey on 28 June 2002 as a closed-end investment company with limi...
DATE: Sep 18, 2002
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Hundreds of millions of pounds have flowed from the UK to a Bermuda company in an alleged tax dodge, it is claimed. Hamilton-based Mapeley Steps Ltd. is owned by a company in Tortola in the British Virgin Islands.
The story surfaced in a recent editi...
DATE: Sep 18, 2002
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The Island's largest bank - the Bank of Bermuda - has announced a new programme to encourage investments from a wider cross-section of the community.
To this end the bank has lowered the entry level requirements for its All Points Funds of Funds.
The...
DATE: Sep 18, 2002
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David Bell seen as sound appointment
Allied World Assurance Company Ltd. (AWAC) has announced two appointments to their expanding Bermuda operations.
David A. Bell has been elected to the position of vice president, professional liability. He is resp...
DATE: Sep 18, 2002
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The Royal Gazette/Bermuda Stock Exchange fell 0.12 points or 0.00 percent according to the BSX yesterday. The index closed at 2430.77.
A total of 100 shares were traded, all in Watlington Waterworks which fell $0.10 or 2.2 percent to close at $4.50.
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DATE: Sep 18, 2002
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