76553 results returned for search: "" category "Business"
The Bank of Bermuda and the Bank of NT Butterfield are gearing up for the launch of the Euro in the New Year.
The Euro is set to become the European Union's (EU) common currency from next month. Twelve EU nations are switching over to the Euro and ta...
DATE: Dec 21, 2001
|
CATEGORY:
Other
|
A.M. Best Co. has assigned an initial financial strength rating of A- (Excellent) to Montpelier Reinsurance Ltd., the newly formed Bermuda insurer.
A.M. Best said the company was created to satisfy underserved segments of the reinsurance market follo...
DATE: Dec 21, 2001
|
CATEGORY:
Other
|
Standard & Poor's (S&P) yesterday affirmed various ratings on XL Capital Ltd. and its insurance and reinsurance subsidiaries (together XLC) and removed them from CreditWatch, where they were placed on September 20, 2001 with negative implications. S&...
DATE: Dec 21, 2001
|
CATEGORY:
Other
|
He's been at the helm of the Bermuda Stock Exchange (BSX) for the past six years, but William Woods said he has accomplished his goals for the exchange and it is now time to move on.
Mr. Woods steps down at the end of the month, but as for future pla...
DATE: Dec 21, 2001
|
CATEGORY:
Other
|
Bermuda-based Accenture, which is one of the world's largest consulting firm, said yesterday it expects first-quarter operating income to beat Wall Street forecasts. The company anticipates strong results following high business levels despite the cu...
DATE: Dec 21, 2001
|
CATEGORY:
Other
|
Malcolm Dixon steps down from his post as executive director of the Bermuda Employers Council (BEC) at the end of the year.
Mr. Dixon, who turned 65 in October, said he is ready to walk away from the “politics” of the BEC post, but is not ready to re...
DATE: Dec 20, 2001
|
CATEGORY:
Other
|
Bermuda-based White Mountains Group Ltd. yesterday pledged $50,000 over the next five years to support a Bermuda Foundation for Insurance Studies (BFIS) student studying for a career in insurance.
Domiciled in Bermuda since 1999, White Mountains Insu...
DATE: Dec 20, 2001
|
CATEGORY:
Other
|
It was an active day at the Bermuda Stock Exchange Index yesterday with 23,928 shares worth $902,684 changing hands. The Royal Gazette/Bermuda Stock Exchange index gained 12.38 points or 0.49 percent to close at 2,518.61.
Leading the charge was the B...
DATE: Dec 20, 2001
|
CATEGORY:
Other
|
Concert, the failed joint venture between British Telecom and AT&T, has hired the Island's newest recruitment firm Bermudajobs.com to help find jobs for the staff it employed.
Concert, which employed about 60 people and had luxury offices in the John...
DATE: Dec 20, 2001
|
CATEGORY:
Other
|
International law firm Conyers Dill & Pearman (CD&P) yesterday made Christmas donations to local charities including The Committee of 25 for Handicapped Children, St. John's Ambulance Brigade and The Devonshire Parish Home.
In a gesture of seasonal c...
DATE: Dec 20, 2001
|
CATEGORY:
Other
|
