49296 results returned for search: "" category ("Other" AND "Business")
With the launch of IslandJewellers.com entrepreneur Anthony Foster is offering an online solution where customers can view products on Island.
Mr. Foster took the initiative to build his own online jewellery retail business after trying to get a watc...
DATE: Nov 25, 2005
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(Bloomberg) ? Bermuda-based Tyco International Ltd., the world?s biggest provider of security systems, gave chief executive officer Edward Breen 120,000 restricted shares as an incentive to improve the company?s stock performance.
The shares will ves...
DATE: Nov 25, 2005
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has been appointed as public relations consultants to Dunkley and Pioneer Dairies Limited the largest dairy wholesaler and the third largest food wholesaler in Bermuda. Troncossi will provide a fully integrated advertising and promotions programme to...
DATE: Nov 25, 2005
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Finance Minister Paula Cox yesterday said investment funds will face less red tape when incorporating on the Island because they are now to be deemed as an ?unrestricted business activity? under Bermuda law.
The change, which takes effect from today,...
DATE: Nov 25, 2005
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Bermuda-based XL Capital Ltd. expects to record a loss of about $830 million in the fourth quarter related to a dispute with Credit Suisse Group over reserves at some insurance operations it bought from the Swiss bank, Bloomberg News reported.
An ind...
DATE: Nov 24, 2005
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Bermuda insurance officials have handed out at least ten class four licences ? reserved for highly-capitalised insurance and reinsurance companies ? to a wave of companies rushing to establish themselves in the Bermuda market ahead of what is expecte...
DATE: Nov 24, 2005
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IPC Holdings has seen its subsidiaries receive a downgrade from another ratings agency. S&P this week lowered its ratings on property catastrophe reinsurer IPCRe Ltd. and its Dublin, Ireland-based affiliate, IPCRe Europe Ltd to A from A+.
A financial...
DATE: Nov 24, 2005
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Bermuda-based global insurer XL Capital plans to lower its chance of ever again sustaining the $1 billion losses it posted in the third quarter by buying reinsurance from a new company being formed by an investment firm it has a long association with...
DATE: Nov 24, 2005
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, is a new $1 billion reinsurer being formed by Amlin, one of the largest UK-listed Lloyd?s insurers. The group?s Bermuda entity was licensed and incorporated on 24 October.
Amlin?s underwriting team is being headed by underwriting director John Andr...
DATE: Nov 24, 2005
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HSBC has relocated its flagship trustee company to Bermuda with the announcement that the Bank of Bermuda has acquired the company from HSBC Private Banking Holdings (Suisse) Sa. HSBC International Trustee Limited had assets under administration of $...
DATE: Nov 24, 2005
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