75927 results returned for search: "" category "Business"
DATE: May 06, 2013
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CATEGORY:
Local Business
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LOM (Holdings) Limited (LOM) has reported a loss of $774,748 for 2012 in what chief executive officer Scott Lines described as a “dismal environment”.
He made the comment in a letter to shareholders on the release of LOM’s consolidated financial stat...
DATE: May 06, 2013
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
Bermuda reinsurer, Validus reported higher first-quarter earnings as the company’s combined ratio improved thanks in part to lower catastrophe losses. But in an interview with The Royal Gazette, the company’s chairman and CEO, Ed Noonan says the abse...
DATE: May 06, 2013
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CATEGORY:
International Business
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Ace Limited has completed the acquisition of Mexican personal lines insurer ABA Seguros from Ally Financial Inc. for approximately $690 million in cash, after a $175 million pre-closing dividend taken by the seller.
With more than 50 years of experie...
DATE: May 06, 2013
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CATEGORY:
International Business
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American International Group Inc. (AIG), the insurer that repaid a bailout last year, posted a first-quarter profit that beat analysts’ estimates as results improved in the company’s property-casualty operation.
In the first three months of this yea...
DATE: May 06, 2013
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CATEGORY:
International Business
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Blue Capital Management, the third-party capital and reinsurance-linked fund management arm of Bermuda-based reinsurer Montpelier Re, has successfully raised new funds for its flagship listed catastrophe reinsurance and retrocessional linked investme...
DATE: May 06, 2013
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CATEGORY:
International Business
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Dear Dave,
If a wife takes out a credit card in her husband’s name without his knowledge, and they get divorced, can the husband claim identity theft?
—Nancy
Dear Nancy,
Absolutely! Unless they have power of attorney, anytime someone opens an accoun...
DATE: May 04, 2013
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CATEGORY:
Personal Finance
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LOM (Holdings) Limited (LOM) has reported a loss of $774,748 for 2012 in what chief executive officer Scott Lines described as a ‘dismal environment’.
He made the comment in a letter to shareholders on the release of LOM’s consolidated financial stat...
DATE: May 03, 2013
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
IT systems integrator CCS Group has earned the Cisco TelePresence Video Advanced Technology Partner (ATP) Programme designation.
Cisco’s ATP network is an invitation-only programme. To participate in the programme, partners must already possess tech...
DATE: May 03, 2013
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CATEGORY:
Local Business
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XL Group reported a first-quarter profit nearly double that of a year ago on improved underwriting results and higher affiliate earnings.
The company posted a profit of $350.8 million last night or $1.17 a share. That’s nearly double the $176.6 mill...
DATE: May 03, 2013
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CATEGORY:
International Business
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