49296 results returned for search: "" category ("Other" AND "Business")
HAMILTON, Bermuda -- PXRE Group Ltd. (NYSE:PXT) today announced significantly higher profits for the second quarter and six months ended June 30, 2002.
Highlights of the Company's financial results included a 412% increase in net income for the quart...
DATE: Aug 08, 2002
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You might assume that only number crunching students would head for summer work at a bank, but you'd be wrong.
The Island's largest bank, the Bank of Bermuda, says it has a wide vision when it comes to hiring summer students.
Programme co-ordinator C...
DATE: Aug 08, 2002
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The Royal Gazette/Bermuda Stock Exchange fell almost half a percent yesterday during a quiet day of trading.
Shares of just two companies worth $145,218 changed hands, and the index lost 11.02 points to close at 2,382.55.
The Bank of Butterfield fell...
DATE: Aug 08, 2002
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PXRE Group Ltd. yesterday announced that Guy D. Hengesbaugh has joined the company as president of the company's Bermuda reinsurance company, PXRE Reinsurance Ltd., and executive vice president of PXRE Group.
In these roles, he will be in charge of u...
DATE: Aug 08, 2002
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A Beverly Hills lawyer who tried to defraud an ACE-owned insurance company over a sunken yacht has been fined $2.8 million.
Rex K. DeGeorge was also jailed for seven and a half years for filing a fraudulent claim with Cigna Property and Casualty Insu...
DATE: Aug 07, 2002
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The Royal Gazette/Bermuda Stock Exchange Index gained 7.19 points or 0.30 percent yesterday to close at 2,393.57. A total of 5,790 shares worth $107,370 were traded.
No shares were traded in the banking sector. In the insurance sector, 4,670 shares o...
DATE: Aug 07, 2002
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Ireland could take Bermuda's place at centre of a debate from American lawmakers and in international news reports over companies wanting to slash their tax bills.
The heat could be off the Island now with the most high-profile company to announce it...
DATE: Aug 07, 2002
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Salvation through technology. This hope has characterised the vaulting ambitions of those who continually push us to the boundaries of what science and machines can achieve.
Cybernetics, an inter-disciplinary study of control and communication in the...
DATE: Aug 07, 2002
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AUTHOR:
Ahmed Elamin
The computer system of a Bahamas-based financial firm crashed after a former employee and ex-director of Bermuda's Telecheck Group installed a bug and demanded money to remove it, Inside Bermuda reported in its July 31 issue.
Bahamas Supreme Court Ju...
DATE: Aug 07, 2002
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Companies based on the Island could lose out on multi-million dollar American Government contracts if pending legislation already passed by the US House and Senate gets signed into law.
At the centre of the political debate is a Bermuda-based company...
DATE: Aug 07, 2002
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