49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based Scottish Re yesterday agreed to buy five percent of General Electric's reinsurance unit's life polices.
Scottish Re, formerly Scottish Annuity and Life, will buy the policies from Employers Re for $151 million.
General Electric said las...
DATE: Oct 24, 2003
|
CATEGORY:
Other
|
Bermuda-based Cooper Industries Ltd., the maker of Crescent wrenches and Halo lamps, said yesterday third-quarter profit rose 12 percent as it sold more tools overseas.
Net income rose to $70.6 million, or 75 cents a share, from $63.2 million, or 68 ...
DATE: Oct 24, 2003
|
CATEGORY:
Other
|
@MARKET ROUNDUP:BSX 2,562.94 unch
There was no trading yesterday on The Royal Gazette/Bermuda Stock Exchange.
The BSX Index opened and closed at 2,562.94 points.
DATE: Oct 24, 2003
|
CATEGORY:
Other
|
Opposition leader Grant Gibbons has criticised Government for remaining tight-lipped about what commitments it made to the Organisation of Economic Cooperation and Development on tax issues, especially now that the OECD's standing has been undermined...
DATE: Oct 24, 2003
|
CATEGORY:
Other
|
Bermuda advertising, design and corporate communications agency, Advantage, has been selected to be included in a US industry publication for the fifth year running, the company announced this week.
The company announced it had been selected to the "...
DATE: Oct 24, 2003
|
CATEGORY:
Other
|
Bermuda-based Ingersoll-Rand Co. yesterday reported its third-quarter profit jumped 73 percent on strong sales of generators, compressors and Bobcat construction machines.
The company raised the lower end of its 2003 outlook.
The manufacturer reporte...
DATE: Oct 23, 2003
|
CATEGORY:
Other
|
The Royal Gazette/Bermuda Stock Exchange Index yesterday closed down 39 points at 2,652.94.
The value of Bank of Bermuda shares fell $1 to $38 as 1,670 shares traded. The Bank of Butterfield's stock price also slipped by 25 cents to $35.50 while 2,50...
DATE: Oct 23, 2003
|
CATEGORY:
Other
|
Drew Douglas, newly appointed head for the local office of one of the Bank of Bermuda's most significant profit generators, Global Fund Services, this week cited factors ranging from the bank's investment in technology to the absolute return strategy...
DATE: Oct 23, 2003
|
CATEGORY:
Other
|
The World Insurance Forum will now take place in June, chairman Robin Spencer-Arscott and project coordinator Suzie Pewter announced yesterday.
The forum, which was originally planned for last month but was cancelled due to damage sustained at the Fa...
DATE: Oct 23, 2003
|
CATEGORY:
Other
|
The Assurex Global broker network announced this week that it was forming a new Bermuda captive to be named Assurex Global Reinsurance Ltd. The company, which claimed in a press statement to be the world's largest privately held risk management and c...
DATE: Oct 23, 2003
|
CATEGORY:
Other
|
