49296 results returned for search: "" category ("Other" AND "Business")
Industry veteran Michael Morrison may have handed over the reins of his start up, Allied World Assurance Company, to young-gun Scott Carmilani, but he has no intention of putting his feet up or going fishing all day.
At the age of 73, he will keep on...
DATE: Jan 16, 2004
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Government has proposed changes to legislation to improve safeguards against money laundering and terrorist financing.
The changes are in response to revised recommendations against money laundering and terrorist financing by international bodies, in...
DATE: Jan 16, 2004
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Robin Tucker started ordering inspirational and Christian books over the Internet when she could not find what she wanted on the Island.
Friends and family were so taken by her choice of titles that they asked her to buy books for them. She then went...
DATE: Jan 16, 2004
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The Bermuda Stock Exchange/Royal Gazette index yesterday edged up after two stocks made gains.
Argus Insurance gained 50 cents to finish at $25.50 and Key Tech, the owners of BTC and Logic, gained ten cents to close at $11.60.
The only other stock to...
DATE: Jan 16, 2004
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Chartered accountants in Bermuda have voted in new auditor independence and professional standards requirements.
The net effect of the changes ? adopted in the interest of protecting the public ? are higher professional and ethical standards for all ...
DATE: Jan 16, 2004
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Employment legislation is being challenged by business owners and lawyers concerned that the rights of employees could supersede obligations to secured creditors, especially in the case of a company winding up.
Currently Bermuda?s law calls for emplo...
DATE: Jan 16, 2004
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XL Capital yesterday suffered ratings downgrades on the heels of its announcement that it would take a $694 million charge to boost reserves for casualty business written in North America between 1997 and 2001.
Rating agencies Moody?s and A.M. Best C...
DATE: Jan 15, 2004
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(Bloomberg) - XL Capital may cancel an insurance policy for the directors and executivies of an Italian firm currently embroiled in scandal, according to media reports.
Bermuda-based XL, along with American International and Chubb, underwrote a $50 m...
DATE: Jan 15, 2004
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The Royal Gazette/Bermuda Stock Exchange Index yesterday gained 6.01 points to close at 2,966.46.
The Bank of Butterfield saw the greatest volume of trading with 2,000 of its shares changing hands while the price moved up 25 cents to $44.25.
Bermuda ...
DATE: Jan 15, 2004
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XL Capital CEO Brian O?Hara has pledged the $694 million pre-tax charge the company announced this week ?fully and completely addressed? its legacy issues.
XL said it would take the multi-million dollar charge after an exhaustive, three-month long re...
DATE: Jan 15, 2004
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