49296 results returned for search: "" category ("Other" AND "Business")
The current word around the insurance industry is that by the end of the year, most policies will exclude terrorism. The reason we'll have to wait until the end of the year is because insurance companies insure their risk with reinsurance companies a...
DATE: Oct 22, 2001
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Tyco International Ltd. yesterday said Tyco Capital, its financial services subsidiary formerly known as CIT, has sold The CIT Group/Sales Financing's Recreational Vehicle (RV) Portfolio to Salomon Smith Barney.
The asset value of the portfolio is ap...
DATE: Oct 19, 2001
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The September 11 terrorist attacks have had a huge impact on both property and casualty and life insurance companies, financial weekly Barron's reported recently.
With thousands of lives lost and hundreds of companies suffering severe dislocations, B...
DATE: Oct 19, 2001
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Bermuda based Invesdex Ltd yesterday launched MarketPlus, a next generation investment platform that facilitates active asset allocation.
A powerful alternative to index mutual funds and exchange traded funds (ETF's) Market Plus is designed for finan...
DATE: Oct 19, 2001
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Bermuda Aviation Services (BAS) is tightening its belt on spending - and planning staff lay-offs - following a downturn in air travel after the events of September 11.
Chief executive officer Eugene Bean told The Royal Gazette the company - which pro...
DATE: Oct 18, 2001
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Following Tuesday's announcement that Bermuda-based telecommunications company, Concert, is being disolved, it has been revealed that their Island office will be shut down early next year.
Concert - a $7 billion joint venture between British Telecom ...
DATE: Oct 18, 2001
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International Bonded Couriers (IBC) has introduced ZipX Wholesale, an affordable and reliable online shopping service.
A broad range of quality brand name products at wholesale prices can now be purchased from an internet shopping site that was devel...
DATE: Oct 18, 2001
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An investor forum - and being called a "War Counsel" - was held yesterday by the Bermuda Investment Advisory Services (BIAS).
During the lunchtime session - which was held by invitation, for BIAS clients - the firm's investment review and research te...
DATE: Oct 17, 2001
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US ratings agency Fitch has predicted a surge in the issuance of catastrophe bonds after the September 11 disaster, with the market potentially exceeding $2bn in 2002.
In a newly-released special report, Fitch believes cat bonds will be a more compet...
DATE: Oct 17, 2001
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The woman being sued by Lines Overseas Management Ltd for over $100,000 in unpaid loans did not complain to her former boss that two accounts she held with the firm had been merged, it was revealed yesterday in Supreme Court.
Former LOM stockbroker C...
DATE: Oct 17, 2001
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