76548 results returned for search: "" category "Business"
A lawsuit involving a Bermuda company was launched in the United States District Court for the Southern District of New York, this week by New York law firm Stull, Stull & Brody.
The suit was filed on behalf of all purchasers of the common stock of D...
DATE: May 10, 2002
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Bermuda- based PXRE Group Ltd. has announced the highest quarterly earnings in the company's 20-year history.
Gerald L. Radke, chairman, president and chief executive officer, said of PXRE's results: "Our strengthened capital position allowed us to i...
DATE: May 09, 2002
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Bermuda's insurance industry got another boost last week as two Bermuda-based oil industry insurers, along with a dozen of their members, announced the formation of a new mutual insurance company to provide excess property-damage and business-interru...
DATE: May 09, 2002
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The Royal Gazette/Bermuda Stock Exchange Index gained 3.36 points yesterday to close at 2,751.96. A total of 10,200 shares worth $144,395 were traded.
No shares of the Bank of Bermuda were traded. The Bank of Butterfield however, gained 25 cents or 0...
DATE: May 09, 2002
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A couple of months ago I wrote about the features packed into the Opera Internet browser, which includes the ability to use an amazing variety of shortcuts.
I lamented that I was not able to switch to Opera from Internet Explorer because Cogitum Co-c...
DATE: May 08, 2002
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A proposed restructuring of long-time Bermuda insurance and financial services firm Mutual Risk Management may forge the way for its service entities to carry on business, but the fate of its US insurance subsidiaries remains in question and value fo...
DATE: May 08, 2002
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Bermuda Commercial Bank (BCB) yesterday reported that net income for the six months ended March 31, 2002 - including provisions for unusual items and discontinued operations - was $1.1 million compared to $7.8 million for the six months ended March 3...
DATE: May 08, 2002
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Bermuda is now in the enviable position where it can attract the "star" underwriters from around the world.
The underwriters that are being trained in Bermuda are in the fortunate position to train under "master underwriters" who have underwritten an...
DATE: May 06, 2002
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Legal action facing troubled Bermuda insurance services firm Mutual Risk Management has resulted in a $3 million asset freeze.
The freeze on company assets resulted from legal action reported on by The Royal Gazette last month when two of Mutual Risk...
DATE: May 06, 2002
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A suspected stock market hoax in Germany tried to implicate Bermuda-based IPC Holdings, according to a Reuters report on Friday.
The international news agency claimed that a statement by a Deproma Sechsundzwanzigste Vermoegensverwaltungs AG - which c...
DATE: May 06, 2002
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