49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) ? MBIA Inc., the world?s largest bond insurer, said policy sales are trailing the company?s forecast because it has refused to match some competitors? rates.
?We have seen very significant competitive activity that, frankly, we h...
DATE: Mar 15, 2004
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Henry Smith, who last month successfully led the merger of the Bank of Bermuda with HSBC Plc, has been nominated to join the board of Bermuda-based reinsurance company Axis Capital Holdings Ltd.
Axis also announced on Friday that Jurgen Grupe, former...
DATE: Mar 15, 2004
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The Royal Gazette/Bermuda Stock Exchange Index last week fell 6.617 points to close at 3,289.24.
The greatest activity on the BSX came from investors buying and selling Bank of Butterfield shares with 29,167 bank shares being traded. The Bank's share...
DATE: Mar 15, 2004
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Troubled Bermuda-based insurer Centre Solutions received another ratings hit on Friday when A.M. Best Co. downgraded its financial strength rating to B+ (Very Good) from A- (Excellent) and changed its under review status for all ratings of the group ...
DATE: Mar 15, 2004
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Aspen announces first ever dividend
Aspen Insurance Holdings Ltd. on Friday announced its first ever quarterly cash dividend.
The company, which was established In June, 2002 in the wake if the September 11 terrorist attacks and floated on the New Yo...
DATE: Mar 15, 2004
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Bermuda-based White Mountains Insurance Group, Ltd. on Friday cancelled a proposed secondary offering of $165 million worth of Montpelier Re shares and instead sold the shares in a block trade to investment banks Banc of America Securities and Morgan...
DATE: Mar 15, 2004
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A business report on Bermuda to run on financial news network CNBC is likely to reach millions of viewers - and may dispel some of the criticism being thrown at the Island by Democratic presidential candidate John Kerry.
The 30-minute report, current...
DATE: Mar 15, 2004
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It is getting close to that time of year again. You know what I mean, just past Valentine's Day, romance is in the air. June is fast approaching and dreams, plans, and strategies for the largest month of weddings abound.
And who wouldn't want to have...
DATE: Mar 13, 2004
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The Royal Gazette/Bermuda Stock Exchange Index yesterday gained 7.49 points to close at 3,289.24.
Bank of Butterfield shares moved up 25 cents to $44.50 while 927 shares were traded.
Stevedoring Services also saw their shares gain closing up $1 to $9...
DATE: Mar 13, 2004
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On a quiet day of trading on the Bermuda Stock Exchange, just one stock changed value, pushing the index up marginally.
BF&M rose 75 cents to close at $15.75, just 25 cents short of its 52-week high of $16.
Bank of Butterfield traded just 20 shares a...
DATE: Mar 12, 2004
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