49296 results returned for search: "" category ("Other" AND "Business")
The Minister of Finance has failed in his bid to provide the United States with information about a Bermuda-based company and its owner, who has been convicted of fraud and tax evasion in the US, because Government lawyers submitted papers too late.
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DATE: Mar 12, 2002
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An article in a UK magazine gives Bermuda top marks for attracting new insurance business but also begs the question - how much can Bermuda's infrastructure bear.
Reinsurance publication Global Reinsurance (GR) featured the Island as its February cov...
DATE: Mar 12, 2002
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Telecommunications Minister Renee Webb yesterday kicked off a conference being held this week for up to 75 international technology-industry delegates.
In opening the sixth annual International Financial Cryptography Association Conference, Ms Webb s...
DATE: Mar 12, 2002
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The Opposition has called for Government to allocate more money to e-commerce, claiming that if it does not, then Bermuda will be left behind.
On Friday Shadow Minister of Telecommunications and E-commerce Allan Marshall said that the small amount of...
DATE: Mar 11, 2002
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The Royal Gazette/Bermuda Stock Exchange Index gained 2.661 points last week to finish at 2,565.77.
The Bank of Bermuda saw the highest volume of trading last week with 38,726 shares trading and a 25 cent drop in its share price to $43.
The Bank of N...
DATE: Mar 11, 2002
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Enron Re has been given six months to get itself in order.
The Bermuda-based captive of failed energy giant Enron was forced into liquidation in January but its status could change in coming months according to a court statement last week. The matter...
DATE: Mar 11, 2002
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Recently Overseas Partners (OPL) announced it was going to "stop writing new reinsurance business in Bermuda, find a buyer for OPUS Re, and begin running off its reinsurance reserves."
Its decision is based on the "desire of many of their shareholder...
DATE: Mar 11, 2002
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Advertising agency Harris & Mitchell had the official receiver appointed as provisional liquidator - as no other liquidator had been appointed - on Friday in Supreme Court.
Chief Justice Austin Ward also ordered that the firm be "wound up".
The compa...
DATE: Mar 11, 2002
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International Wealth Transfer Practice. March 11-13, 2002. International Bar Association Conference. Individual Tax and Estate Planning, Wills, Trusts and Succession Committee (5) and Closely Held and Growing Business Committee. London, England. ( 44...
DATE: Mar 11, 2002
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Danish Re Bermuda Ltd. has lost it's A- (Excellent) indicative financial strength rating after it failed to secure a $200 million private equity placement.
Rating agency AM Best withdrew the rating, which was subject to the equity placement, on Frida...
DATE: Mar 11, 2002
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