76631 results returned for search: "" category "Business"
begins trading for the first time today.
About 130 investors have put up about $5.5 million to start The Bermuda Insurance Index Fund, which tracks the Bermuda Insurance Index. The index was set up on July 15 by the Bermuda Stock Exchange and London'...
DATE: Sep 02, 1998
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the Bank of Butterfield, replacing the retiring Raymond Moore, who has served on the board for ten years.
Mr. Harry Wilken has served in a number of posts worldwide with the Jardine Group since 1972.
BANK APPOINTS GENERAL MANAGER APP BUC Bank appo...
DATE: Sep 02, 1998
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and the US again this winter season.
Service aboard the wide-body 252-passenger Boeing 767-300 will terminate on November 30 and the 183-passenger Boeing 757 will take over the routes between Bermuda and both Atlanta and Boston on December 1.
The sma...
DATE: Sep 02, 1998
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Bermuda-based reinsurer PartnerRe Ltd.'s purchase of Winterthur Re for $750 million will lead to little cost cutting or job reductions, according to president and CEO Herbert Haag.
He said the deal would help earnings, diversify his firm's property c...
DATE: Sep 02, 1998
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AUTHOR:
David Fox, Business Editor
Bermuda-based Stockton Reinsurance Ltd., the principal operating subsidiary of Stockton Holdings Ltd.
Stockton Re began doing reinsurance and insurance business in September 1994.
Rating agencies usually wait four or five years before assigning a rat...
DATE: Sep 02, 1998
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as radio reports suggested an explosion had ripped through St. David's.
VSB claimed a "loud explosion'' was heard on the island, adding that the Bermuda Electric Light Company had gone to investigate.
But a company spokeswoman said: "That is simply t...
DATE: Sep 02, 1998
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Simmons Jr. as the new Commissioner for St. John Ambulance Brigade.
Mr. Masefield explained the 35-year-old joined the Brigade as deputy commissioner a year ago.
And Mr. Simmons served under Mr. Arnold Botelho until he stepped down from the commissio...
DATE: Sep 02, 1998
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a knock. But local investors are being urged to hold on to their portfolios.
Ahmed ElAmin reports With global markets going ballistic what's an investor to think these days? It's confusing -- but don't feel too bad. There's always someone else who i...
DATE: Sep 02, 1998
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counterparty credit ratings on Bermuda-based Partner Reinsurance Co. Ltd.
However, in the wake of the Winterthur deal the ratings agency revised the company's outlook to negative from stable.
Last year Standard & Poor's put the company on credit watc...
DATE: Sep 02, 1998
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the capacity on its state-of-the-art, undersea fiber optic telecommunications system.
Atlantic Crossing (AC-1) capacity has been expanded from 40 gigabits to 80 gigabits.
Global Crossing CEO Jack Scanlon said, "The demand for bandwidth across the Atl...
DATE: Sep 02, 1998
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