49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based insurer AXIS Capital yesterday said its US holding company had been subpoenaed by New York attorney general Eliot Spitzer, who is seeking information on incentive payments made to insurance brokers.
AXIS is the latest company to be targ...
DATE: Sep 02, 2004
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Swain appointed to ACE VP?s suite
Hal Holding NV, a unit of Bermuda based Hal Trust, said first-half profit rose 5.9 percent, helped by the acquisition of Mercurius Groep BV.
First-half net income was 7.2 million ($8.8 million) compared with 6.8 mil...
DATE: Sep 02, 2004
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The Royal Gazette/Bermuda Stock Exchange Index yesterday gained 21.47 points to close at 3,178.52.
Communications conglomerate KeyTech - the parent company of BTC, Mobility and Logic Communications - saw the highest volume of trading yesterday when i...
DATE: Sep 02, 2004
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(The Wall Street Journal) ? Last month, Bermuda-based Bacardi Ltd. made a $2 billion bet on a small, but gold-plated, vodka brand. Now it must be careful not to kill the goose that laid it.
Liquor importer Sidney Frank Importing Co. of New Rochelle, ...
DATE: Sep 02, 2004
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Bermuda?s leading reinsurers rank in the middle of the pack of the world?s top 25.
The rankings were revealed in an exclusive list compiled by Reinsurance magazine for its August edition, which showed that although five Bermuda-based firms made the l...
DATE: Sep 01, 2004
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The Royal Gazette/Bermuda Stock Exchange Index yesterday fell 26.48 points to close at 3,157.04.
Bermuda Container Line Ltd. saw the highest volume of trading when investors traded 11,800 shares while pushing down the share price $1 to $10.
KeyTech -...
DATE: Sep 01, 2004
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The Republicans are convening in New York, and those of the Wall Street crowd, who aren't already on vacation, have jumped at the chance to vamoose out of the Big Apple.
As a result, trading volumes have plunged on the New York Stock Exchange.
It's n...
DATE: Sep 01, 2004
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Butterfield Bank has got top marks from a prestigious banking publication for the third year in a row.
The Island?s oldest financial institution has been been named?Bank of the Year? by The Banker magazine.
The 2004 award goes to Butterfield in two d...
DATE: Sep 01, 2004
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A recent substantial price hike for newspapers brought over to Bermuda from the UK has shocked customers shopping at stores throughout the Island. One man who contacted yesterday said: "I have the on order (and) the price has been $6.45. I picked it ...
DATE: Sep 01, 2004
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Bermuda insurance giant ACE Limited is moving its communications department to New York and Philadelphia, saying it makes good business sense to have its communicators closer to resources on the east coast.
It is understood that none of the five-stro...
DATE: Aug 31, 2004
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