49296 results returned for search: "" category ("Other" AND "Business")
Hurricane Fabian, which lashed Bermuda on Friday with winds as high as 140 miles per hour, will likely cost the Island's insurers between $300 million and $350 million, according to a preliminary study obtained by Bloomberg News.
The insured losses w...
DATE: Sep 09, 2003
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Management at Bermuda's largest local insurance companies last night called for any stockpile of Bermuda slate or imported slate to quickly be made available.
Insurers at both BF&M and Argus claimed property owners were growing frustrated by a lack o...
DATE: Sep 09, 2003
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Bermuda will lose out on hundreds of thousands of dollars worth of business following the cancellation of a second seminar this week - and more could follow after it was revealed the Fairmont Southampton could be closed for up to six months.
This wee...
DATE: Sep 09, 2003
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Bermuda's newest bank, Capital G Bank, has seen profits drop from $2.8 million to under a million dollars after the bank was hit by a one-off charge when it wrote off a bad construction debt and changed its accounting policy.
But the bank's chief exe...
DATE: Sep 05, 2003
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Local insurance companies yesterday were bracing themselves for a flood of claims from Hurricane Fabian and checked their own security as the storm moved closer to Bermuda.
International companies checked and re-checked their storm preparations, as t...
DATE: Sep 05, 2003
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The Island's telecommunications providers were yesterday gearing up for the storm, with BTC issuing guidelines for its customers to follow in case of phones going down.
Both long distance providers, Cable & Wireless and TeleBermuda International said...
DATE: Sep 05, 2003
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The high-profile MAR International Conference on Hedge Fund Investments, now in its tenth year, is due to kick off at the Fairmont Southampton Princess this weekend although there was no word yesterday on whether delegate numbers would be marred at t...
DATE: Sep 05, 2003
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Businesses across the Island sent staff home early and boarded up the premises in preparation for arrival of Hurricane Fabian yesterday.
Banks saw members of the public taking out more cash and queues for gas stretched down roads as the Island readie...
DATE: Sep 05, 2003
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Fewer than ten percent of AT&T Wireless customers were left without service after Monday's planned smart card switch over.
Customers were warned to swap the SIM cards for the new ones on Monday to allow the company to expand the number of countries w...
DATE: Sep 04, 2003
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The Bank of N.T. Butterfield yesterday announced its buy-out of Bahamas bank Leopold Joseph (Bahamas) Limited in Nassau.
The announcement from Bermuda's oldest bank came days after it announced its first Bahamian acquisition - the purchase of small, ...
DATE: Sep 04, 2003
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