49296 results returned for search: "" category ("Other" AND "Business")
Troubled Bermuda insurance company Annuity and Life Re (Holdings), Ltd. has been forced to restate its third quarter earnings after reporting what it called an ?accounting error? leaving it with $3.7 million of a loss compared to a small profit.
The ...
DATE: Mar 09, 2004
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This a chronology of the events leading to the Bermuda Fire trial, which ended in 1999 with an out of court settlement between the BF&M Group of Insurance Companies and Bermuda Fire & Marine Insurance Company's provisional liquidators:
1991: Bermuda ...
DATE: Mar 08, 2004
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The Royal Gazette/Bermuda Stock Exchange Index fell 14.202 points last week to 3,295.86.
Leading trading was the Bank of Butterfield with 54,046 shares changing hands while the price fell 75 cents to $44.75.
Bermuda Commercial Bank shares also fell b...
DATE: Mar 08, 2004
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The rate of inflation in Bermuda slowed slightly to three percent in January, according to Government figures released on Friday.
The rate of inflation during the month was down marginally from the 3.2 percent recorded in December.
The Consumer Price...
DATE: Mar 08, 2004
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Bermuda-based insurance giant ACE Limited reported on Friday that its profit in the fourth quarter was $23 million higher than first reported last month. The increase boosts the company?s last quarter profits by eight cents a share, bringing total ne...
DATE: Mar 08, 2004
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Directors and shareholders in the epic case against Bermuda Fire & Marine Insurance Company Ltd., rocked the insurance world on the Island for almost a decade, paid out $50 million in an out-of-court settlement back in 1999, The Royal Gazette can rev...
DATE: Mar 08, 2004
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Creditors of The Bermuda Fire & Marine Company Ltd., which went belly up in 1993 in a huge scandal which led to one biggest corporate collapses in the Island?s history, could have over $200 million worth of claims settled sooner than expected.
The li...
DATE: Mar 08, 2004
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March 8-9
Airline Insurance Rendez-VousMunich, Germany. International Air Transport Association. Tel 1 514 8742654 or go to pcificoaiata.org or www.iataonline.com/air2004
March 9
Stress Mastery, Stuart Doyle. Bermuda Employers' Council.Tel 295-5070 W...
DATE: Mar 08, 2004
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The Royal Gazette/Bermuda Stock Exchange yesterday gained 7.99 points to close at 3,295.86.
The Bank of Butterfield saw the highest volume of trading yesterday with 12,761 shares moving at a price of $44.75.
Bermuda Commercial Bank also saw trading o...
DATE: Mar 06, 2004
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Investors seldom stop to think that a company may reduce the dividend or stop paying them altogether. It happens. In recent years, the dividend payment has been lowered to almost historical lows with many companies. Investor expectations of what a co...
DATE: Mar 06, 2004
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