49296 results returned for search: "" category ("Other" AND "Business")
Businesses are considering exiting Bermuda because of the work permit term limit policy, according to businessman and former politician Quniton Edness.
And he compared the policy to one put in place by the Bahamas in the 1970s - which resulted in its...
DATE: Oct 23, 2003
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IPC Re boss Jim Bryce this week predicted healthy business in the coming year, as significant catastrophic activity in the last quarter, along with changes to catastrophe models, paved the way for increased demand for cover from insurers.
Mr. Bryce m...
DATE: Oct 23, 2003
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Kohlberg Kravis Roberts & Co., the world's largest buyout firm, is planning an initial public offering of Alea Group Holdings that may raise ?150 million ($254 million) for the reinsurer, people familiar with the company said.
KKR invested about $380...
DATE: Oct 23, 2003
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A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) of Goshawk Reinsurance Ltd. (Goshawk Re), Bermuda, and removed the rating from under review, the agency said yesterday.
Goshawk Re, one of the post September 11, 2001 start-up...
DATE: Oct 23, 2003
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A quiet day on The Royal Gazette/Bermuda Stock Exchange yesterday say just over 4,000 shares traded worth over $125,000.
Two stocks changed price, BF&M Ltd, which rose 25 cents to finish at $10.25 and KeyTech, the owner of BTC and Logic, rose 25 cent...
DATE: Oct 22, 2003
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Fairmont Hotels & Resorts Inc., the owners of the Fairmont Southampton and the Hamilton Princess, saw its quarterly profit cut by 70 percent in what is usually its strongest quarter, blaming lingering effects of SARS in Toronto and hurricane-damaged ...
DATE: Oct 22, 2003
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QUESTION: In the near future I intend to purchase a new Dell laptop computer running Windows XP Professional. I work in a large office and I am concerned that when I step away from my desk or I am out of the office, others could casually access the d...
DATE: Oct 22, 2003
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Philip Cooper, the president of Bermuda Microsystems Group, wrote me to complain that my commentary two weeks ago, on Linux versus the rest of the world, was “a little one sided in quickly brushing over facts” regarding the Hewlett-Packard's offer to...
DATE: Oct 22, 2003
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DUBLIN (Bloomberg) - Elan Corp., the Irish drugmaker whose accounting is being investigated by US regulators, will be able to complete its plan to pay down debt even if it doesn't sell any more units, the chairman said.
"There are still some assets t...
DATE: Oct 22, 2003
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Bermuda-based RenaissanceRe Holdings Ltd. yesterday reported $113.2 million in net income for the third quarter, a 28.3 percent gain compared to the $88.2 million earned during the same period last year.
Net operating income for the period, which exc...
DATE: Oct 22, 2003
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