49296 results returned for search: "" category ("Other" AND "Business")
DATE: Oct 29, 2001
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Bermuda insurer PartnerRe Ltd. announced last week that it intends, subject to market conditions, to raise $350 million of new capital in the form of trust preferred and convertible preferred securities, before the end of the year.
Patrick Thiele, CE...
DATE: Oct 29, 2001
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The Royal Gazette/Bermuda Stock Exchange Index fell over 70 points or almost three percent last week, to close at 2,382.23. About 77,000 shares worth $2.5 million were traded.
The Bank of Bermuda dropped $2 or 4.4 percent to close at $43.50 with volu...
DATE: Oct 29, 2001
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A shareholder lawsuit was filed this week against GenesisIntermedia, and names alleged arms dealer Adnan Khashoggi as a defendant, according to a press release from the law firm of Berman DeValerio Pease Tabacco Burt & Pucillo.
It is believed Mr. Kha...
DATE: Oct 29, 2001
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Bermuda insurer Annuity and Life Re announced it has suffered a loss of nearly $40 million following the attacks on the United States on September 11.
The company was only marginally impacted by the acts of terrorism, and was hit hard by two programm...
DATE: Oct 29, 2001
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The Royal Gazette/Bermuda Stock Exchange Index remained unchanged on Friday and closed at 2,382.23 despite 14,103 shares worth over half a million dollars being traded.
The Bank of Bermuda remained unchanged at $43.50 with volume of 9,421, and the Ba...
DATE: Oct 27, 2001
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It is no secret that 50 percent of all relationships do not survive. Married or not, the process of establishing communication, trust and true commitment is not as easy one.
When you think about it, during this relationship you are baring your soul, ...
DATE: Oct 27, 2001
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ACE INA Holdings, part of ACE Ltd in Bermuda, has announced that Dennis Reding, president and CEO of ACE USA has been appointed to the post of president of ACE INA Holdings.
The chairman and CEO of ACE INA, Dominic Frederico, said that Mr. Reding's e...
DATE: Oct 26, 2001
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The Royal Gazette/Bermuda Stock Exchange Index fell 44.83 points or 1.85 percent yesterday to close at 2,382.23
The Bank of Bermuda dropped $1.50 or 3.3 percent to close at $43.50 on volume of 14,300. The Bank of Butterfield remained unchanged at $29...
DATE: Oct 26, 2001
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NEW YORK (Reuters) - Banking and mutual fund company Mellon Financial said it took a 15 percent equity stake in hedge fund group Optima Fund Management for an undisclosed amount of money.
The move follows on the heels of last year's alliance between ...
DATE: Oct 26, 2001
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