76001 results returned for search: "" category "Business"
Bermuda-based energy industry mutual insurer Oil Insurance Ltd (OIL) announced on Friday that Standard and Poor’s has affirmed OIL’s financial rating of A- (strong) with a stable outlook.
The affirmation is based on OIL’s very strong claims-paying re...
DATE: Dec 13, 2010
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CATEGORY:
International Business
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Ace Ltd’s Bermuda operations have had their financial strength and counterparty credit ratings raised to AA- (very strong) by Standard & Poor’s.
The ratings agency announced on Friday that Ace’s core Bermuda, European and North American operating ins...
DATE: Dec 13, 2010
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CATEGORY:
International Business
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Bermuda IT services company Independent Consulting Solutions will host a joint “CIO Roundtable” event with Microsoft tomorrow morning to launch the new Microsoft Lync software.
The event, which includes a networking breakfast followed by presentation...
DATE: Dec 13, 2010
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CATEGORY:
Technology
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Fitch Ratings has affirmed the core entities of the Bermuda-based Hiscox Group’s insurer financial strength (IFS) ratings at A, with a stable outlook.
Fitch said the affirmation reflects Hiscox’s “strong financial profile, underpinned by a stable lev...
DATE: Dec 13, 2010
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CATEGORY:
International Business
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NEW YORK (Reuters) - Bailed-out insurer American International Group Inc took another step in its restructuring last week, but it is only noticeable to those looking closely: it put the company’s logo back on employee identification cards.
After its ...
DATE: Dec 13, 2010
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CATEGORY:
International Business
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Four local companies saw their share prices rise on the Bermuda Stock Exchange last week, while one fell.
But Butterfield Bank’s heavy weighting meant its four percent fall was sufficient to drag down The Royal Gazette / BSX Index 13.98 points, or 1....
DATE: Dec 13, 2010
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CATEGORY:
Bermuda Stock Exchange
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Fitch Ratings has affirmed the A- insurer financial strength (IFS) rating of Montpelier Reinsurance Ltd., the principal (re)insurance operating subsidiary of Montpelier Re Holdings Ltd, and has revised the rating outlook to positive from stable.
The...
DATE: Dec 13, 2010
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CATEGORY:
International Business
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WASHINGTON (Reuters) - Financial literacy has become a huge catchphrase the one idea upon which consumer advocates and bankers, borrowers and lenders, even Republicans and Democrats all agree.
Everyone supports the notion that we need more financial ...
DATE: Dec 11, 2010
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CATEGORY:
Other
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WASHINGTON When Yahoo put out its top 10 searches in the financial category for 2010, there was no surprise to find, among the leaders, unemployment, foreclosures and the Dow Jones flash crash, the term coined for when the Dow dropped more than 600 p...
DATE: Dec 11, 2010
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CATEGORY:
Other
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NEW YORK (Reuters) - US stocks rose yesterday, with the S&P 500 at its highest level since the week Lehman Brothers collapsed in 2008, and breaching technical levels that suggest the year-end rally will persist.
Indexes closed near session highs with...
DATE: Dec 11, 2010
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CATEGORY:
Other
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