75993 results returned for search: "" category "Business"
NEW YORK (Reuters) - Bailed-out insurer AIG wants to keep its one-third stake in Asian insurer AIA Group Ltd rather than sell it off starting later this year, chief executive Bob Benmosche said on Friday.
The surprise comments suggest American Intern...
DATE: May 09, 2011
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CATEGORY:
Reinsurance
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A former Bermuda-based travel agent is now selling the Island as a destination to the rest of the world.
Brenda Warwick, who worked for C-Travel for eight years, has joined established travel agency Largay Travel based in Waterbury, Connecticut.
Ms W...
DATE: May 09, 2011
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CATEGORY:
Other
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Serious investing in earthquake mitigation measures for properties need to be made to protect Americans in areas of high seismic risk.
That was one of the conclusions to come out of the Seismic Risk Mitigation Leadership Forum, which had Bermuda rein...
DATE: May 09, 2011
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CATEGORY:
Reinsurance
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Ram Holdings Ltd posted a $13.5 million net loss for the fourth quarter of 2010.
This compares to net income of $6 million for the same period in 2009.
Net income available to common shareholders for the full year 2010 was $11.8 million or 45 cents p...
DATE: May 09, 2011
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CATEGORY:
Reinsurance
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LONDON (Bloomberg) Hiscox Ltd, the second-biggest Lloyd’s of London insurer by market value, said first-quarter sales fell eight percent amid a “tough” market.
Gross written premiums declined to 453.5 million pounds ($743.4 million) in the year to Ma...
DATE: May 09, 2011
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CATEGORY:
Other
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LONDON (Bloomberg) - UK Chancellor of the Exchequer George Osborne said European Union finance ministers may recommend additional euro-region funding for Greece.
A Greek default is not inevitable, and there were no suggestions in private or public th...
DATE: May 09, 2011
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CATEGORY:
Economy
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Lancashire Holdings Ltd reported a profit of $8.6 million during the first quarter of 2011 despite taking a $75 million hit from the Japanese earthquake and tsunami.
This compared to a net income of $8.2 million for the same period in 2010.
Lancashir...
DATE: May 09, 2011
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CATEGORY:
Reinsurance
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Two sisters who went into the fashion industry together five years ago have opened their own boutique selling vintage clothes and apparel.
Mesheiah Crockwell and Sheena Bassett, owners of BSquared Vintage, who started out as a mobile business hosting...
DATE: May 09, 2011
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CATEGORY:
Local Business
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What would you do if, in one day, 30 years' worth of life savings just went poof?
Geneen Roth found herself in just this situation. She and her husband became one of the many victims of Bernard L Madoff, investing nearly $1 million with the con man,...
DATE: May 09, 2011
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CATEGORY:
Personal Finance
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Trend setters will be able to get the latest in hat and cap fashion at a new store that has just opened in St George’s.
Lidz, which is run by owner Giovanna Morelli and her husband Declan Harris, who have been in the retail and wholesale business for...
DATE: May 09, 2011
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CATEGORY:
Local Business
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