49296 results returned for search: "" category ("Other" AND "Business")
Bermuda's radio wars look likely to escalate, with Bermuda Broadcasting Company this week hitting back at claims by newcomer Hott 107.5 that it is the most popular radio station on the Island.
The BBC says that two of its stations are the most popula...
DATE: Nov 10, 2005
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The Royal Gazette/Bermuda Stock Exchange Index remained unchanged yesterday to close at 3,828.29.
The only activity came from Butterfield Bank shares as investors traded in 199 shares to close at $45.50.
The total value of the shares bought and sold ...
DATE: Nov 10, 2005
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RenaissanceRe Holdings Ltd., a Bermuda reinsurer, last night said it had reduced its previously reported third-quarter loss after adjusting for a benefit related to the value of claims incurred.
The company reduced its loss for the September-ending q...
DATE: Nov 10, 2005
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PXRE Group Ltd. expects a $75-$95 million hit from Hurricane Wilma assuming that the insured industry losses caused by Hurricane Wilma in Mexico and the United States will be approximately $14.5 billion.
The Bermuda-based property catastrophe reinsur...
DATE: Nov 10, 2005
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Bermuda-registered Sea Containers Limited yesterday announced that it is offering for sale in an underwritten public offering of 8.61 million class A common shares of Orient-Express Hotels Limited.
The offering is subject to market conditions. At the...
DATE: Nov 10, 2005
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New Skies Satellites B.V., the global satellite communications company, this week announced the completion of the sale of its Australian subsidiary, New Skies Networks PTY Limited, to Multiemedia Limited for $10 million.
New Skies Networks Limited, a...
DATE: Nov 10, 2005
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Property Group Limited director Chris Valdes Dapena is anticipating that condominium prices may soften as more condos come on the market.
?We are beginning to see a shift in demand and condos have reached a peak in their current curve in prices,? she...
DATE: Nov 10, 2005
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Veteran retailer John Casling yesterday opened Bling Bling Sunglass Boutique offering an extensive collection of trendy sunglasses and quality cigars.
Following the recent closure of Buds, Beans and Books on Front Street, Mr. Casling moved next door ...
DATE: Nov 10, 2005
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Omega Underwriting, an insurer in the Lloyd?s of London market, is the latest company to set its sights on doing business in Bermuda.
The company said it plans to raise ? 90 million, the equivalent of $156.8 million, to set up its new Bermuda insurer...
DATE: Nov 10, 2005
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Quanta Capital Holdings, a Bermuda insurer battered by losses from heavy Atlantic storm activity for two years running, has now been hit by the departure of two of its senior reinsurance executives ? one of whom had oversight of the company?s Bermuda...
DATE: Nov 10, 2005
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