49296 results returned for search: "" category ("Other" AND "Business")
Troubled Bermuda company Trenwick yesterday announced the suspension of its preferred share dividends.
The company, which in recent weeks disclosed that it was restating its financial results for 2001 and the first two quarters of 2002, and posted cl...
DATE: Dec 03, 2002
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Deloitte & Touche have resigned as auditors of Bermuda-based reinsurer ESG Re.
ESG Re is currently in the process of seeking a replacement auditor.
Deloitte & Touche had recommended some adjustments for its review of the third quarter ending Septembe...
DATE: Dec 03, 2002
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A spokesperson for Benfield Group, the independent reinsurance broker has corrected a report in yesterday's Royal Gazette that the company had decided against incorporating its holding company in Bermuda.
The group has decided against a flotation on ...
DATE: Dec 03, 2002
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The Royal Gazette/Bermuda Stock Exchange index closed at 2,227.23, an increase of 0.43 points or 0.02 percent. Bank of Butterfield stock closed on $31 on a volume of 721 shares.
DATE: Dec 03, 2002
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The future of Bermuda-based Centre Solutions is clouded in doubt.
Yesterday Zurich Financial Services confirmed it was looking at options for its subsidiary. This comes amid speculation that Centre would cease to write new business and run off its ex...
DATE: Dec 03, 2002
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I don't know if anyone else saw the recent article, written by David Pilla in AM Best, called "Barbados Seeks Leading Financial Services Role". When I read the article I almost choked because of its implied meaning.
In my opinion this article was a c...
DATE: Dec 02, 2002
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A ruling that Gosling Brothers would be made to pay out $50,000 in a legal wrangle over the commission fee on a real estate deal from seven years ago, was overturned in an Appeals Court decision last week.
The fight over the commission fee - between ...
DATE: Dec 02, 2002
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Benfield Group, the London-based independent reinsurance broker, yesterday announced that it will list on the London Stock Exchange.
Benfield had been expected to float on the New York Stock Exchange and redomicile its holding group to Bermuda to giv...
DATE: Dec 02, 2002
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The Royal Gazette/Bermuda Stock Exchange gained 32.937 points last week to close at 2,226.80.
The Bank of Bermuda traded 700 shares while its share price gained 50 cents to close at $32 for the week.
The Bank of Butterfield saw the highest volume wit...
DATE: Dec 02, 2002
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The Royal Gazette/Bermuda Stock Exchange yesterday fell 15.46 points to close at 2,226.80.
The Bank of Bermuda saw trading of 500 shares and its share price fell 50 cents to close at $32.
The Bank of Butterfield traded 7 shares which remained priced ...
DATE: Nov 30, 2002
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