49296 results returned for search: "" category ("Other" AND "Business")
Happy Tenth Birthday: Last week Bermuda insurance giant XL Capital Ltd celebrated its tenth anniversary of trading on the New York Stock Exchange. Brian O'Hara, president and CEO of XL, (second left) is pictured second from the left at the NYSE where...
DATE: Aug 16, 2001
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Risk and Insurance Management Society, Inc. (RIMS), a prominent insurance industry organisation, has announced their opposition to the proposed Reinsurance Tax Equity Act of 2001 (H.R. 1755), also known as the "Bermuda loophole bill".
The bill - whic...
DATE: Aug 16, 2001
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Management promises to change the fortunes of the struggling Bermuda insurance broker Stirling Cooke Brown Holdings Ltd. have yet to show fruit, with the company's profits continuing to fall for the second quarter of 2001.
The company reported a tota...
DATE: Aug 16, 2001
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If you thought Bermuda was the hot cyber-island of the offshore world, then you're deluded. Other offshore centres have made much more coordinated efforts in the same direction when Bermuda first laid out its war plans with its e-commerce act.
The la...
DATE: Aug 15, 2001
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The Royal Gazette/Bermuda Stock Exchange index dropped 37.7 points or 1.41 percent yesterday in a day which saw heavy trading in Bank of Bermuda shares.
Despite the heavy trading which saw more than 32,000 Bank of Bermuda shares change hands, the sha...
DATE: Aug 15, 2001
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The Bermuda Bakery has recorded a 28 percent leap in profits for the first six months of this year due to cost savings in operating expenses despite a small decrease in total revenue.
Board chairman James A. Pearman said: "The unaudited, consolidated...
DATE: Aug 15, 2001
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Bermuda's Max Re Capital Ltd. yesterday launched on the Nasdaq stock exchange and dipped slightly below its lowered initial public offering price on the first day of trading.
Max Re raised $192 million when it floated, becoming the latest insurance-r...
DATE: Aug 15, 2001
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HAVANA (AP) - Next to the fragrant old, oak barrels in Havana's Rum Museum a poster brags: "There's no rum as good as ours."
The slogan doesn't come from Cuba's premium brand, Havana Club, for which the museum is a showcase.
Rather, it is attributed ...
DATE: Aug 15, 2001
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While Internet ventures around the world go belly up, bermudagrocer.com is celebrating its first year in business and Ralph Saints - managing director of Atlantic Imports Ltd., the company behind the online grocer - says the future looks bright.
The ...
DATE: Aug 15, 2001
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What is the difference between a virus and a worm?
A virus is a program written to create copies of itself, and then at some specified future time do something bad to your computer.
Viruses spread from one file to another file.
A traditional virus re...
DATE: Aug 15, 2001
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