76552 results returned for search: "" category "Business"
A report in this month's issue of The Review: Worldwide Reinsurance points to Bermuda being the target of "protection-minded lawmakers".
The article, which is titled "Outside the Jurisdiction" and written by Daniel Mitchell, a McKenna Senior Fellow i...
DATE: Feb 21, 2002
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The Royal Gazette/Bermuda Stock Exchange Index gained 8.41 points or 0.32 percent yesterday to close at 2,612.52. A total of 14,357 shares worth $610,976 were traded.
The Bank of Bermuda was the only active stock in the banking sector, gaining 25 cen...
DATE: Feb 21, 2002
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The international press and shareholders will today get a chance to meet with Tyco International's senior management face to face in Hamilton when they attend the company's annual general meeting this morning.
The diversified manufacturing company, w...
DATE: Feb 21, 2002
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In the opening address at the fifth World Insurance Forum being held at the Fairmont Southampton Princess this week, AIG senior vice chairman Thomas Tizzio said insurers needed to get back to basics and focus on the fundamental values that form the f...
DATE: Feb 21, 2002
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Minister of Finance Eugene Cox has come out to bat for Bermuda against hostile press reports that have cast doubt on the integrity of the Island.
On Monday The New York Times ran a front page story headlined "US Corporations Are Using Bermuda to Slas...
DATE: Feb 21, 2002
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Allied World Assurance Company (AWAC) are kicking in to gear with word yesterday that senior management have been appointed and they are now staffed up with 19 employees working out of their Hamilton headquarters.
AWAC was one of the now 11 insurers ...
DATE: Feb 21, 2002
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Software which puts "business critical" data at the fingertips of insurance management will be showcased at the Bermuda Insurance Symposium, which kicks off in earnest today.
ROOM Solutions, a UK based company which is a provider of business solution...
DATE: Feb 20, 2002
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Retail sales in Bermuda fell in December by 2.7 percent, after showing slight recovery in the two months before, according to figures released yesterday by Government.
The Retail Sales Index volume fell by 2.7 percent, after being adjusted for inflat...
DATE: Feb 20, 2002
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Bermuda-based Mutual Risk Management (MRM) yesterday reported fourth quarter net losses nearing $100 million, which puts the company in violation of some bank and debenture covenants.
In light of its poor results, the firm said it would not “rule out...
DATE: Feb 20, 2002
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Bermuda-based Scandinavian Re has stopped writing any new business after the bottom line of its parent company, ABB Ltd., was hit by a multimillion dollar bill for new accounting practices.
And because of the $295 million charge ABB took, as well as ...
DATE: Feb 20, 2002
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