(SAFR) last year, reinsurer PartnerRe Ltd. has undergone a major shift in strategy, not only in the type of business it's in, but also in where it's writing business.
That was after all a major goal o...
The Bank of Bermuda Ltd. says the local community should not worry that the bank is about to break free of its commitment to the Island with its proposal to seek a secondary listing on an overseas sto...
the financial year ended December 31, an increase of about nine percent over the 1996 results.
PartnerRe president and chief executive officer Herbert Haag said the 1997 year was the most profitable i...
International Ltd. to buy subsidiary Logic Communications Ltd., The Royal Gazette has learned.
Logic provides data communications and consultancy on the Island. The company also provides Internet serv...
The issue of securing domain names on the Internet has been a hot topic of debate and controversy over the past two weeks. Domain names are the unique addresses given to site creators on the Internet ...
Bermuda-based Flag Ltd. yesterday announced it has completed permanent financing for its undersea fibre optic cable system, which it calls the world's longest.
The financing is made up of $430 million...
The Bank of N.T. Butterfield Ltd. has set up a new unit which will attempt to foster small businesses into becoming larger ones.
The bank formed the Business Banking Centre by consolidating under one ...
second quarter to December 31, bringing profits to a record $20.2 million for the first half of the fiscal year.
The $20.2 million is an increase of 46 percent over the same period 1996, when net inco...
drove the two stocks to record highs yesterday on the Bermuda Stock Exchange (BSX). Analysts attributed the gains to record profitability announcements at both banks.
There was both local and overseas...
Bermuda-based Full Service Trade System, is now available in 29 countries.
The system will be available to companies for a three-month promotional period during which the software and transactions wil...