49296 results returned for search: "" category ("Other" AND "Business")
The Bermuda Commercial Bank last week became the first local company known to take advantage of relaxed ownership rules.
The Bermuda Stock Exchange announced Friday that First Curacao International Bank N.V. now directly owns 48.08 percent of BCB's c...
DATE: Jun 18, 2001
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An issue on many people's lips at the ICAP captive conference last week was the new IRS (Internal Revenue Service in the US) ruling covering captive insurance companies. While practitioners consider it too early yet to predict how application of this...
DATE: Jun 18, 2001
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Captives have evolved from being insurers that facilitate corporate insurance needs to becoming sophisticated entities that assist with the control and management of corporate risks and returns. Maximising investment returns has become an important p...
DATE: Jun 15, 2001
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Annual revenues have fallen at the Bermuda Telephone Company by $1.3 million, according to a preliminary year-end announcement made by the Bermuda Stock Exchange yesterday.
BTC's annual report will appear on June 18, recording net income at $12.9 mil...
DATE: Jun 15, 2001
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Another Bermuda company has expanded to the Cayman Islands. Last Friday, Bermuda Security Group opened The Security Centre Ltd. in George Town in conjunction with Five Star Security Services Ltd. and SCI Ltd.
The Security Centre provides security gua...
DATE: Jun 15, 2001
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Yesterday the ICAP conference kicked off with a keynote speech from Brian Duperreault, chairman and chief executive officer of ACE Limited. Mr Duperrault talked about the trends and potential developments in Bermuda, especially his belief that the ca...
DATE: Jun 15, 2001
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Bermuda-based Central European Media Enterprises (CME) is under investigation by US authorities who suspect the company may have bribed Ukranian officials for a television licence, according to a report in Tuesday's New York Times.
The Times' story f...
DATE: Jun 15, 2001
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A recent analysts' report from Wall Street firm Lehman Brothers has endorsed XL Capital's stock, labelling it "strong buy".
"Our 'reinsurance play' continues to be XL Capital, as its revenues are principally generated from reinsurance products," the ...
DATE: Jun 15, 2001
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12 Reid, the boutique that received a facelift and a new name just two years ago, was relaunched once again Wednesday, this time as a men's clothing shop under new ownership.
Formerly owned by Tolaram Limited, 12 Reid Limited was bought by Domenico a...
DATE: Jun 15, 2001
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Standard & Poor's last week assigned its double-'A' finaicial enhancement rating to Zurich-based Allianz Risk Transfer (ART) and its Bermudian and Dugth subsidiaries, Allianz Risk Transfer (Bermuda) Ltd. and Allianz Risk Transfer N.V.
According to an...
DATE: Jun 15, 2001
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