49296 results returned for search: "" category ("Other" AND "Business")
The Royal Gazette/Bermuda Stock Exchange index fell 16.47 points or 0.69 percent yesterday to close at 2,370.53. A total of 7,483 shares worth $189,009.20 were traded.
The Bank of Bermuda fell 30 cents or 0.7 percent to close at $43.20 with volume of...
DATE: Nov 29, 2001
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Reinsurance companies may raise their rates by up to 300 percent in order to keep financially healthy, according to the boss of one of the new firms currently opening-up on the Island.
Allied World Assurance Company Ltd. (AWAC) chief executive Michae...
DATE: Nov 28, 2001
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A seventh reinsurance venture - to be called Goshawk Re - looks ready to set up on the Island, in the wake of "unprecedented business opportunities" following the September 11 terrorist attacks.
UK Insurer Goshawk Insurance Holdings announced yesterd...
DATE: Nov 28, 2001
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Daina Limited - the parent company of retailers Buds, Beans and Books, the Elbow Lobby Shop, and recently closed Smuggler's Reef - could have a new owner, after bids on the assets of each company closed on Monday.
The company, started some 20 years a...
DATE: Nov 28, 2001
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Bermuda-based reinsurer Overseas Partners Limited (OPL) has received confirmation that its rate of A, or excellent, remains unchanged.
The rating - which applies to parent company OPL, as well as its subsidiaries, OP Cat and Overseas Partners US Rein...
DATE: Nov 27, 2001
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@MARKET ROUNDUP:bsx 2,367.20 -16.91
/Bermuda Stock Exchange Index yesterday fell 16.91 points to close at 2,367.20.
The Bank of Bermuda, which was the only BSX listed company to see a price gain yesterday, saw trading of 15,653 shares while its share...
DATE: Nov 27, 2001
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Consumers short on time can see a wide-variety of what is available in Bermuda in one place this coming Sunday.
Anthony Peets has organised this weekend's Showcase 2001, a Christmas Trade Show.
Mr. Peets said this is the first time that he has staged...
DATE: Nov 27, 2001
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Capital G has announced a rate cut for its US dollar savings accounts and investment accounts.
Capital G vice-president of marketing Andrew Vaucrosson said the cut - which saw rates fall by as much as half a percent - was in line with the US Federal ...
DATE: Nov 27, 2001
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The Bermuda Insurance Index Fund has lowered its initial investment fee from $5,000 to $2,500 in a bid to get more people on board.
The Bermuda Insurance Index Fund is an open ended mutual fund that invests in local insurance companies and is managed...
DATE: Nov 27, 2001
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Bermuda is on the fast track to becoming the undisputed heavyweight of the reinsurance industry according to the chief executive officer of one of the new reinsurance companies planning to set up shop on the Island in the wake of the September 11 att...
DATE: Nov 26, 2001
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