49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based IPC Holdings Ltd., the parent company of reinsurance company IPCRe, announced mixed second quarter results on Tuesday.
Net income for the company, which includes gains and losses related to investments, was $3.5 million for the three mo...
DATE: Jul 28, 2000
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Bermuda's first facility to buy insurance over the Internet has just gone online.
BF&M has become the first local insurance company to offer a way to buy instant travel, car, bike and home insurance at the click of a button.
It has pipped half a doze...
DATE: Jul 27, 2000
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The Bank of Bermuda was up 40 cents to $37, while in insurance, Argus was down one half to $17 and BF&M remained unchanged at $6. BELCO also lost one half to close at $19.
DATE: Jul 27, 2000
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responsibilities around its three core businesses: insurance, reinsurance and financial products and services.
Effective immediately Nicholas M. Brown Jr., currently president and chief executive of NAC Re Corp., has been appointed chief executive fo...
DATE: Jul 27, 2000
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Adam Cooper Blame it on poor tourism figures, locals shopping abroad, or both, but Bermuda's embattled retail industry could see a major shakeup, according to Chamber of Commerce visitor retail division chairman Ian Smith.
Mr. Smith went as far as t...
DATE: Jul 27, 2000
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cable and services, sold 61.13 million shares at $32 per share, above the estimated price range, in its initial public offering yesterday, the lead underwriters said.
Bermuda-based TyCom, a unit of Tyco International Ltd. , raised $1.96 billion in th...
DATE: Jul 27, 2000
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"significantly surpassed the company's performance expectations''.
Financial results for the second quarter of 2000 were released by Flag on Tuesday and showed accounting revenues rising $5.5 million to reach $24.7 million in the second quarter from ...
DATE: Jul 27, 2000
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danger of going out of business if Government does not provide them with the concessions they need to remain viable.
Ian Smith, chairman of the Chamber of Commerce's visitor retail division, said some shops could close their doors before the end of 2...
DATE: Jul 27, 2000
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shape with the value of retail sales up 4.9 percent over the corresponding month last year.
Gross turnover in the retail sector was estimated at $55 million for the month. After adjusting for the annual rate of inflation the volume of retail sales in...
DATE: Jul 27, 2000
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Bermuda-based Annuity and Life Re (Holdings), Ltd. has reported its net income is down nearly 10 percent or $1.6 million to $15.6 million for the six months ending June 30, 2000.
This compares to the previous year's six-month figures for 1999 which s...
DATE: Jul 26, 2000
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