49296 results returned for search: "" category ("Other" AND "Business")
Private banking is for the world?s super wealthy, and banks will bend over backwards to get their hands on the large sums of money they can bring in.
Embossed chequebooks are the name of the game and there is absolutely no waiting in line to cash a c...
DATE: Feb 06, 2004
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Bermuda insurance giant ACE Limited this week posted record results with all-time highs in a number of areas including its highest-ever earnings - a net income of $1.4 billion in 2003.
The record results for 2003 are in marked contrast to the year be...
DATE: Feb 06, 2004
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ACE CEO Brian Duperreault yesterday said the company was comfortable with the reserves it had put up for claims from the 2001 terrorist attack on the World Trade Center, and was not making any adjustments.
Last month another Bermuda-based insurer XL ...
DATE: Feb 06, 2004
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The number of international companies setting up in Bermuda has continued to drop and has nearly halved since 2000, according to figures released last week by Government.
The Quarterly Bulletin of Statistics ?Detailed Tabulations? show that a total o...
DATE: Feb 05, 2004
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The Royal Gazette/Bermuda Stock Exchange index continued to rise yesterday, gaining 4.16 points to reach a new all-time high of 3,217.59 on a slow day of trading.
The rise was caused by Bank of Butterfield shares which gained 25 cents to finish at $4...
DATE: Feb 05, 2004
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Bermuda-based RenaissanceRe Holdings Ltd. yesterday reported a 66 percent jump in earnings with their posting of $605 million in net income for 2003 compared to $364.8 million the previous year.
And the company?s returns over the last decade of busin...
DATE: Feb 05, 2004
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Bermuda insurance giant XL Capital Ltd. announced yesterday that that it was to offer an educational programme in Switzerland.
In a release the company said that its global account property and casualty insurance subsidiary, XL Insurance Switzerland ...
DATE: Feb 05, 2004
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ACE Ltd. last night said net income for 2003 was a record $1.4 billion, or $4.93 per share, compared with net income of $77 million, or 19 cents per share, for the year-ago period. Income on investments was up 142 percent to a record $1.2 billion, or...
DATE: Feb 05, 2004
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Four companies have expressed an interest in setting up business in Bermuda following a Government-sponsored seminar on E-commerce held in London yesterday.
According to Minister of Tourism, Telecommunications and E-commerce, Renee Webb, three financ...
DATE: Feb 05, 2004
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The Bank of N.T Butterfield & Son Ltd. today made a ?51.5 million ($94.3 million) agreed cash bid for "bank to the stars" Leopold Joseph Holdings Plc, a UK private banking company.
The bid is at 950 pence per Leopold Joseph share, 11 percent above th...
DATE: Feb 05, 2004
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