76540 results returned for search: "" category "Business"
Standard & Poor's Ratings Services yesterday lowered its counterparty credit and insurer financial strength ratings on Bermuda-based insurer The United Kingdom Mutual Steam Ship Assurance Association (Bermuda) Ltd. (also known as The Club) to single-...
DATE: Jul 25, 2002
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The Royal Gazette/Bermuda Stock Exchange Index slid lower yesterday as Bank stocks took a beating sending the index down 67.77 points or 2.97 percent to close at 2,215.82.
The Bank of Bermuda continued its downward spiral, loosing $1 or 3.2 percent t...
DATE: Jul 25, 2002
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Bermuda-based reinsurer IPC Holdings Ltd. has joined the pack of Island insurers reporting strong second quarter earnings.
The property casualty reinsurer's results for the period ended June 30, 2002 were net income of $48.7 million compared to $20.8...
DATE: Jul 25, 2002
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Although efforts to stop companies that reincorporate outside of Bermuda from getting government contracts was voted down in the US Congress this week, Democratic party leaders have vowed to keep pushing for the measure.
The House of Representatives ...
DATE: Jul 25, 2002
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Legal cases in the US demonstrate just how important it is for businesses, whether they are under the Bermuda Standard for Electronic Transactions, or reside elsewhere, to follow the privacy standards stated or implied on their Web sites.
The cases s...
DATE: Jul 24, 2002
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Everest Re Group, Ltd. reported second quarter 2002 after-tax operating income, which excludes realised capital gains and losses, of $69.7 million, or $1.34 per diluted share, a 27.0 percent increase compared to $54.9 million, or $1.17 per diluted sh...
DATE: Jul 24, 2002
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Press release: IPC Holdings, Ltd. Reports Second Quarter 2002 Results; Operating Income $55.3 Million ($1.15 per share) vs. $20.2 Million ($0.77 per share)
PEMBROKE, Bermuda, July 23 /PRNewswire-FirstCall/ -- IPC Holdings, Ltd. (Nasdaq: IPCR) today r...
DATE: Jul 24, 2002
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In the wake of corporate scandal and concerns over money laundering, transparency has become a global buzz word.
But there is concern from some sectors that the push for transparency could go too far.
On a recent visit to the Island, Peter Hammonds, ...
DATE: Jul 24, 2002
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When The MuVi Service started installing ATM-like machines to rent films at grocery stores and gas stations in 1998, DVDs were less than a year old.
At the time, there was no guarantee that DVDs wouldn't go the way of LaserDiscs, which look like LP-s...
DATE: Jul 24, 2002
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A decade into his career, Bermudian Craig Bridgewater has risen through the ranks to become senior manager at one of the Island's largest accounting firms, KPMG.
The young Bermudian, who recently returned to Bermuda after a 16-month secondment in the...
DATE: Jul 24, 2002
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