Quantum Communications Ltd. has spent about $10 million building its voice and data network and wants to change the way a telephone company operates, president and chief executive officer Jim Sullivan...
The owners of the Palm Reef Hotel property have submitted new plans to the Planning Department, which if approved, would allow them to demolish the hotel and build 24 residential homes on the site.
Pr...
Island's rules restricting foreign ownership in local companies, The Bank of Bermuda is proceeding with getting a secondary listing on the NASDAQ stock exchange.
Bank president and chief executive off...
The Bermuda Connect Association began a campaign to expand membership in its secure electronic network for the Island last week. The network, currently made up of 21 member organisations with 2,500 us...
Son Ltd. a deposit rating of "A3'', and a financial strength rating of "D plus'' because of the company's highly liquid, low-risk balance sheet and its modest, but predictable, core profitability.
"Re...
to expand by buying up other companies.
A Reuters report has stated that Bermuda-based ACE Ltd. and EXEL Ltd. may both be interested in buying NAC Re Corp., the 14th largest reinsurer in the US based ...
A secure electronic network for Bermuda-based businesses was officially launched yesterday.
The network, which has been operating on a trial basis among 21 member organisations with 2,500 users, is ru...
Centre Solutions (Bermuda) Ltd. president and chief executive officer David Brown is going to retire at the end of this year. Many wonder why Mr. Brown, 40, is leaving a lucrative and successful caree...
new building on Victoria Street will beat out the rest of the contenders coming on the market.
"This will be the most modern building in the City,'' the former Premier exults as he took The Royal Gaze...
Bermuda-based Attorneys' Liability Assurance Society (Bermuda) Ltd. (ALAS), the largest single insurer of US law firms in the world, has kept its Standard & Poor's rating despite a tough market.
The r...
