49296 results returned for search: "" category ("Other" AND "Business")
The net loss of Bermuda insurance company Annuity and Life Re (Holdings) tripled during the last quarter to $69 million, after the company tried to restructure its balance sheet, get rid of poorly performing business and downsize.
And almost a third ...
DATE: Aug 18, 2003
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For those of you who may not know what a consumer staple is, think of the products you insist on putting in your grocery cart even when your wallet is bare.
A stock that is considered a consumer staple will see its earnings stable even through econom...
DATE: Aug 16, 2003
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At the end of the June reporting period, smart money man Warren Buffett sold a portfolio of long-term US government bonds worth more than $9 billion (not million), just before mortgage market interest rates jumped about a percentage point. Buffett, o...
DATE: Aug 16, 2003
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After operating out of two separate locations since earlier this summer, Davison's of Bermuda will be closing down its store at 73 Front Street next week. But Hamilton souvenir shoppers need not worry.
The Bermudiana gift shop's newer location is fou...
DATE: Aug 15, 2003
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Internet start-up company, Worldinsure, which was set up in 2000 in a bid to provide systems to help insurance companies process applications, has gone under.
The company, which was riding the dot com wave but with an insurance twist, had a petition ...
DATE: Aug 15, 2003
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The promise of “taking some of the headache” out of running a business, has kept Viv Redford and Rick Correia busy at the helm of Total Office Management (TOM) for the past seven years.
One of the Total Group companies - which also includes Total Mar...
DATE: Aug 15, 2003
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One of Bermuda's newest reinsurers Platinum Underwriters said particularly stellar results from its finite risk book of business contributed to its posting $26.6 million in net income for the second quarter.
The property and casualty underwriter, for...
DATE: Aug 15, 2003
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A Bermuda company at the heart of a $29 million reinsurance court case is set to be wound up by the Bermuda Supreme Court.
Ardra Insurance Company Ltd. was called a "corporate veil" behind which its owners, Richard and Jean DiLoreto, were hiding to a...
DATE: Aug 15, 2003
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Governments have to be constantly watched and laws often changed to ensure corruption does not set in, auditors general from the Caribbean and Bermuda heard this week.
Annual auditors' reports in all these nations should also be published in the medi...
DATE: Aug 14, 2003
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Belco's stock bounced back $2.50 yesterday, pushing up The Royal Gazette/Bermuda Stock Exchange index by almost 13 points.
Belco's stock rose 7.7 percent to $35 after falling by the same amount on Tuesday. The only other stocks to trade were Bermuda ...
DATE: Aug 14, 2003
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