49296 results returned for search: "" category ("Other" AND "Business")
XL Capital has filed with US regulators to sell over time up to $1.5 billion worth of ordinary and preference ordinary shares, debt securities and ordinary share warrants, purchase contracts and purchase units.
The Bermuda insurance giant said it wil...
DATE: Dec 19, 2001
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One of Bermuda's new wave of insurance companies, Axis Speciality Ltd., yesterday announced it appointed, Bermuda company QuoVadis to provide secure internet access and exchanges through its digital signature solutions.
The move will give Axis' reins...
DATE: Dec 19, 2001
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The Royal Gazette/Bermuda Stock Exchange Index closed up 15.08 points yesterday, to finish at 2,483.48.
The Bank of Bermuda saw its share price move up 50 cents to $46.50, while trading 2,700 shares.
BF&M Limited was the only other company to see mov...
DATE: Dec 18, 2001
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One of the seven new reinsurance companies to set up on the Island in the wake of the September 11 attacks, Endurance Specialty Insurance Ltd. has announced it has raised its target of $1.2 billion in capital.
The capital was raised through a private...
DATE: Dec 18, 2001
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Capital G Bank is seeing an increase in interest from the business sector since the company became a licensed bank in October.
As a result, the new bank is now exploring ways to grow its corporate market share.
President and chief executive officer S...
DATE: Dec 18, 2001
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Devonshire Industries, the parent company of Bermuda Paint, yesterday reported revenues of $1.48 million for the six months to September 31. This represents an increase of more than eight percent over the same period last year, when sales were $1.36 ...
DATE: Dec 18, 2001
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Bermudians have more chance to take advantage of opportunities offered by international business then ever before, according to the new chairman of Bermuda International Business Association, Jeff Conyers.
And he said that the ripple effects of new i...
DATE: Dec 18, 2001
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The Bank of Butterfield has announced that Friday March 29, 2002 is the new deadline for scholarship applications.
The Bank awards a total of five scholarships and bursaries each year. The Bank of Butterfield Undergraduate Scholarship, in honour of S...
DATE: Dec 18, 2001
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Ingersoll-Rand (IR) a diversified manufacturing company announced in October its intention to incorporate in Bermuda as a means to reduce its worldwide tax rate.
More recently, IR announced that although its shareholders have overwhelmingly approved ...
DATE: Dec 18, 2001
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Corporate bond defaults have soared to record levels, with 196 issuers - including one in Bermuda - defaulting on approximately $107 billion of debt through December 7, 2001, according to Standard & Poor's.
The previous record of 117 issuers defaulti...
DATE: Dec 17, 2001
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