49296 results returned for search: "" category ("Other" AND "Business")
Bermuda's economy faces the prospect of a cold winter, according to Shadow Finance Minister Grant Gibbons.
And as he predicted a slowdown in the next six months he accused the Government of giving a false sense of security by stating that the economy...
DATE: Sep 10, 2001
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Three Bermuda-based groups are ranked in the top 20 according to a list compiled by Reinsurance Magazine of the top 20 reinsurance groups and top 100 global reinsurance companies in 2000.
The number one spot for top reinsurance groups belongs to Swit...
DATE: Sep 10, 2001
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You are at a children's playground.
Picture a giant see-saw, you know the ones that have been in play grounds and Mother Goose nursery rhymes since time immemorial. Sitting in the very middle of one of the seesaws on the pivot point is Jeb Woodbeam, ...
DATE: Sep 08, 2001
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Bermuda based Latin American Reinsurance company Ltd. (LARe) has had their counterparty credit and financial strength ratio upgraded from "A" to "AA" by Standard and Poors (S&P) rating agency who also said the outlook for the company was stable.
"Lat...
DATE: Sep 07, 2001
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AGM
Bank of N.T. Butterfield & Son Ltd is to hold its AGM on September 26 at 4pm at the Bermuda Underwater Exploration Institute.
On the agenda will be the approval of the bank's financial statements, the authorisation of granting options, increasing...
DATE: Sep 07, 2001
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Bank of N.T. Butterfield & Son Ltd.'s non-performing loans have gone down from nearly $100 million in 1998 to just under $10 million by June 2001, according to the bank's annual report.
This astonishing turn-around comes after last month Calum Johnst...
DATE: Sep 07, 2001
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Standard & Poor's (S&P) this week affirmed its single-'A'-plus counterparty credit rating on PartnerRe Ltd. and its double-'A' counterparty credit and financial strength ratings on Partner Reinsurance Co. Ltd. and PartnerRe SA, which are PartnerRe Lt...
DATE: Sep 07, 2001
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The Bermuda Stock Exchange index remained unchanged yesterday, after no stocks changed price.
Bank of Bermuda closed at $46, Bank of Butterfield at $32 and Bermuda Commercial Bank at $8.
The index closed at 2,531.97 on volume of 12,319 shares worth $...
DATE: Sep 07, 2001
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Bermuda-based Arch Capital Group Ltd. announced it reached an agreement in principle to acquire Tri-City Brokerage, Inc. from Ullico Inc.
Tri-City is one of the largest independent brokers of specialised, wholesale insurance products and services in ...
DATE: Sep 07, 2001
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Bermuda insurance group BF&M Limited announced half year profits of $4.4 million dollars yesterday, a reduction of 12 percent over the same period last year.
Chief executive officer Glen Titterton said yesterday: "We are pleased to announce that net ...
DATE: Sep 06, 2001
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