76553 results returned for search: "" category "Business"
The Royal Gazette/Bermuda Stock Exchange index gained 37.55 points or 1.44 percent yesterday to close at 2,636.55. A total of 6,731 shares worth $288,568.25 were traded.
The Bank of Bermuda gained $1.20 or 2.8 percent to close at $44.45 on volume of ...
DATE: Jan 25, 2002
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Last night marked the first time an executive of a Bermuda-based insurance company was named "Insurance Leader of the Year".
The honour went to Jack Byrne, a 56-year insurance veteran, who is chair of two Bermuda-based insurance companies - White Mou...
DATE: Jan 25, 2002
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Brian Duperreault, chairman and chief executive officer of ACE Ltd., is scheduled to present at the Salomon Smith Barney Financial Services Conference 2002 in New York.
The presentation will take place on January 30, 2002 at 12.30 p.m.
A live webcast...
DATE: Jan 25, 2002
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Businesses owed money by failed Bermuda insurer Stockholm Re (Bermuda) Ltd. have been able to recover a quarter of the cash owed to them - nearly seven years after the company went bust.
According to the joint liquidators of the the company, a furthe...
DATE: Jan 24, 2002
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Total number of companies: 9
Total capital, from new companies (so far): $8.94 billion
Total capital from existing companies $4.087 billion
Total new capital so far: $13.027 billion
Total number of jobs: Between 140 and 210 (so far)
Arch Re Ltd
Lines...
DATE: Jan 24, 2002
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The Securities and Exchange Commission has agreed that XL Capital may implement a Dividend Reinvestment and Share Purchase Plan.
The Plan, which is effective from January 18, is intended to provide registered holders of XL Capital Class A Ordinary Sh...
DATE: Jan 24, 2002
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One of the nine new insurance companies to set up on the Island in the wake of the September 11 attacks has been given a top rating by ratings agency AM Best Co.
The US agency has assigned an initial financial strength rating of A minus (Excellent) t...
DATE: Jan 24, 2002
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The owner of the Southampton and Hamilton Princesses, Fairmont Hotels & Resorts, yesterday reported a drop in sales for the fourth quarter of 2001.
But the company, which spun off last year from conglomerate Canadian Pacific, would have reported a lo...
DATE: Jan 24, 2002
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Shareholders in the China Heartland Fund (the Fund), which is traded on the Bermuda Stock Exchange, will be asked to make a decision whether to reconstruct or liquidate the Fund following the suspension of trading of shares in the Fund in May last ye...
DATE: Jan 24, 2002
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The Royal Gazette/Bermuda Stock Exchange Index gained 3.44 points or 0.13 percent yesterday to close at 2,599. A total of 16,331 shares worth $544,091 were traded.
The Bank of Bermuda fell 25 cents or 0.6 percent to close at $43.25 on volume of 6,800...
DATE: Jan 24, 2002
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