49296 results returned for search: "" category ("Other" AND "Business")
The Bermuda Stock Exchange index fell 62 points last week in a busy week of trading which saw $5.7 million worth of shares change hands.
The main drop in the index came from Bank of Butterfield shares which lost 7.94 percent or $2.50 to close at $29....
DATE: Oct 01, 2001
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Bermudians can expect better service from Kitson and Company following the international release of Canada Life Assurance Company's new corporate logo and brand identity.
The partnership between Kitson and Company and Canada Life has attempted to bol...
DATE: Oct 01, 2001
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Bermuda's insurance industry is poised to take advantage of business opportunities which have appeared in the wake of the September 11 attacks on the United States.
With premiums soaring and a certain insurance no longer available, there has already ...
DATE: Oct 01, 2001
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Finance Minister Eugene Cox has announced the creation of a public office of Supervisor of Insurance who will have full responsibility to oversee the licensing and regulation of insurers from today.
The move comes in the wake of steps to modernise th...
DATE: Oct 01, 2001
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Internet provider Exodus Communications Inc has filed for bankruptcy, causing shares of Bermuda-based Global Crossing Ltd to plummet.
Global Crossing provides integrated telecommunications solutions over the world's first integrated global IP-based f...
DATE: Oct 01, 2001
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Bermuda-registered Max Re estimates it will receive gross claims from the World Trade Center attack of $5 million.
And the insurer's parent company, Max Re Capital, said yesterday that it will buy back up to $25 million of its outstanding shares.
Max...
DATE: Sep 28, 2001
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The board of directors of Oil Insurance Limited (Oil) and the board of directors of Oil Casualty Insurance Limited (OCIL) have announced the appointment of Jack L. Wesley as President and Chief Executive Officer of the two Bermuda-based companies.
Mr...
DATE: Sep 28, 2001
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Bermuda-registered American Safety Insurance Group, Ltd. said yesterday that its exposure to the the September 11 terrorist attacks is minimal and it is proceeding with a planned stock repurchase programme.
Lloyd A. Fox, president and chief executive...
DATE: Sep 27, 2001
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Bermuda's largest reinsurance conference, which brings in hundreds of delegates and tens of thousands of dollars to the Bermuda economy has been cancelled.
The Fifteenth International Reinsurance Congress, organised by Hawksmere in association with P...
DATE: Sep 27, 2001
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Last week's one notch downgrade to double-'A' and placement on Credit Watch with negative implications of Zurich Financial Services Group (ZFS) was explained by Standard and Poor's yesterday following an assessment of the group's exposure to the Worl...
DATE: Sep 27, 2001
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