49296 results returned for search: "" category ("Other" AND "Business")
Bermuda's public and private sectors must work together in order for the Island to become the world's leading e-commerce jurisdiction says Government's e-business consultant Nigel Hickson.
Speaking at the monthly meeting of the Information Systems Au...
DATE: Jan 25, 2002
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Bermuda-based insurer XL has had the AAA financial strength rating for two subsidiaries - XL Financial Assurance (XLFA) and XL Capital Assurance (XLCA) - reaffirmed.
Rating agency Fitch last week announced that it has affirmed the rating for both com...
DATE: Jan 25, 2002
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ACE Ltd. shareholders have approved increasing the number of authorised ordinary Shares of the company by 200 million, resulting in a total of 500 million authorised ordinary shares.
At a meeting, the shareholders also approved a proposal increasing ...
DATE: Jan 25, 2002
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The Royal Gazette/Bermuda Stock Exchange index gained 37.55 points or 1.44 percent yesterday to close at 2,636.55. A total of 6,731 shares worth $288,568.25 were traded.
The Bank of Bermuda gained $1.20 or 2.8 percent to close at $44.45 on volume of ...
DATE: Jan 25, 2002
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Last night marked the first time an executive of a Bermuda-based insurance company was named "Insurance Leader of the Year".
The honour went to Jack Byrne, a 56-year insurance veteran, who is chair of two Bermuda-based insurance companies - White Mou...
DATE: Jan 25, 2002
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Brian Duperreault, chairman and chief executive officer of ACE Ltd., is scheduled to present at the Salomon Smith Barney Financial Services Conference 2002 in New York.
The presentation will take place on January 30, 2002 at 12.30 p.m.
A live webcast...
DATE: Jan 25, 2002
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Businesses owed money by failed Bermuda insurer Stockholm Re (Bermuda) Ltd. have been able to recover a quarter of the cash owed to them - nearly seven years after the company went bust.
According to the joint liquidators of the the company, a furthe...
DATE: Jan 24, 2002
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Total number of companies: 9
Total capital, from new companies (so far): $8.94 billion
Total capital from existing companies $4.087 billion
Total new capital so far: $13.027 billion
Total number of jobs: Between 140 and 210 (so far)
Arch Re Ltd
Lines...
DATE: Jan 24, 2002
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The Securities and Exchange Commission has agreed that XL Capital may implement a Dividend Reinvestment and Share Purchase Plan.
The Plan, which is effective from January 18, is intended to provide registered holders of XL Capital Class A Ordinary Sh...
DATE: Jan 24, 2002
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One of the nine new insurance companies to set up on the Island in the wake of the September 11 attacks has been given a top rating by ratings agency AM Best Co.
The US agency has assigned an initial financial strength rating of A minus (Excellent) t...
DATE: Jan 24, 2002
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