76539 results returned for search: "" category "Business"
Some are reacting to the Stanley Works decision to remain in the US as if it was really bad news for Bermuda.
The decision may do more good for Bermuda than bad. With Stanley Works making the decision to stay in Connecticut, the pressure will finally...
DATE: Aug 12, 2002
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Bermuda-based Arch Capital Group Ltd., which owns reinsurance and insurance companies, reported net income of $19.23 million for the second quarter.
During the same quarter last year, the company earned $8.4 million, although last week's release said...
DATE: Aug 12, 2002
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The Royal Gazette/Bermuda Stock Exchange fell 62.431 points last week to close at 2,320.81.
Argus Insurance had the highest volume of trading through the week with 12, 856 shares changing hands and a share price gain of $1 to close at $21.
BF&M trade...
DATE: Aug 12, 2002
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Annual Vermont Captive Insurance Association. (VCIA). August 13-15. larockvcia.com
ISOTech: The Technology Conference for Insurance Professionals. In addition, three industry related conferences: the PAAS, Premium Audit Forum, the E&S, Loss Control M...
DATE: Aug 12, 2002
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Rising oil prices are pushing Bermuda's inflation rate higher.
According to the Consumer Price Index released by Government Information Services on Friday, the rate of inflation for June was 2.3 percent compared to 2.2 percent in May.
Consumer prices...
DATE: Aug 12, 2002
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Despite its announcement last week that it would slash ?250 million off the amount of business it will write next year through its Lloyd's syndicate, ACE said it remained committed to the Lloyd's insurance market.
ACE said it was writing ? 900 millio...
DATE: Aug 12, 2002
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NEW YORK (Reuters) - New York prosecutors could file additional charges against former Tyco International Ltd. Chief Executive L. Dennis Kozlowski, including grand larceny, sources close to an investigation said on Friday.
Other people connected with...
DATE: Aug 12, 2002
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Opinions are mixed on the strength of the local economy, according to the latest Royal Gazette online poll.
In the poll, which ended on Thursday on www.theroyalgazette.com, 29.9 percent of the 204 respondents said they believed the economy was "flat"...
DATE: Aug 12, 2002
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Global Crossing is being sold for $250 million to the same investors who only months ago agreed to pay three times as much for the world's most extensive fiber-optic network, the Associated Press reported yesterday.
The agreement announced with Hutc...
DATE: Aug 10, 2002
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The Royal Gazette/Bermuda Stock Exchange index was almost stagnant yesterday, gaining just 1.66 points or 7/100 of one percent as shares in KeyTech traded higher.
The index closed at 2,320.81 on volume of 4,200 shares worth $123,900.
KeyTech shares g...
DATE: Aug 10, 2002
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