49296 results returned for search: "" category ("Other" AND "Business")
Insurance Service Office, Inc. (ISO) and Insurers' Advisory Organisation Inc. (IAO) have formed a strategic sales alliance to market products to property casualty insurance companies doing business in Canada and the US.
IAO has said it will immediate...
DATE: Dec 07, 2001
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The Royal Gazette/Bermuda Stock Exchange Index gained 2.39 points or 0.1 percent yesterday to close at 2,403.50. A total of 13,483 shares worth $537,400 were traded.
Both the Bank of Bermuda and the Bank of Butterfield remained unchanged at $44.50 an...
DATE: Dec 07, 2001
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Bermuda is the place for a new breed of insurance and reinsurance company looking to set up shop with high-tech solutions in a changing industry, according to one of the worlds' top insurance executives.
John Charman, chief executive officer of Axis ...
DATE: Dec 07, 2001
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One of Bermuda's seven new insurers Arch Re, has been rated A minus (excellent) by ratings US agency A.M. Best.
Yesterday's rating, which are used by companies and individuals as a method of rating the financial strength of a company for investment p...
DATE: Dec 07, 2001
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In his opening comments at IBC's 7th annual executive forum on captive insurance companies, being held in the Cayman Islands this week, Governor Peter Smith said: "The shape of the financial industry has changed." How right he was.
The shape of the C...
DATE: Dec 07, 2001
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The Bermuda Stock Exchange' launch of its electronic securities depository made headlines in the Financial Times this week.
The article quoted Greg Wojciechowski, the exchange's president and chief operating officer as saying: "This is a natural prog...
DATE: Dec 07, 2001
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Over $1.7 million in shares changed hands yesterday on the Bermuda Stock Exchange, but the index dipped marginally after a drop in the price of Bank of Butterfield stock. Bank of Butterfield stock lost 90 cents to close at $28.10, which was balanced ...
DATE: Dec 05, 2001
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Reuters news agency reported this week a US Treasury Department official said she was hopeful the Senate will act on legislation to keep down price hikes in terror risk insurance in the wake of the September 11 attacks.
"We are hopeful that the Senat...
DATE: Dec 05, 2001
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Mention the words "tax haven" and Cheryl-Ann Lister get hot under the collar.
Even the world offshore raises the temperature in the room.
As the head of the Bermuda Monetary Authority, she is a champion of Bermuda as a fair place to do business, that...
DATE: Dec 05, 2001
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Government is set to bring in new legislation to give the Bermuda Monetary Authority powers to investigate insider trading and market manipulation and make it a criminal offence.
At the moment, insider trading is not a criminal offence and the Bermud...
DATE: Dec 05, 2001
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