76279 results returned for search: "" category "Business"
Axis Capital Holdings Ltd. and Endurance Specialty Holdings Ltd. are the latest Bermuda re/insurers to estimate tens of millions of dollars in likely claims from the last month's Chile earthquake and European windstorm Xynthia.
Axis estimates it will...
DATE: Mar 16, 2010
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Conyers Dill & Pearman has announced the return of Bermudian lawyer Brian Holdipp following a two year secondment to the firm's Singapore office.
Prior to his secondment, Mr. Holdipp practiced corporate law in Conyers' Bermuda office, principally in ...
DATE: Mar 15, 2010
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BC-EU--Greece-Financial Crisis, 1st Ld-Writethru,0453
Greece says deficit goals on target so far
ATHENS, Greece (AP) -- Greece said Friday it exceeded its deficit-cutting targets in January and February, ahead of a key fiscal assessment next week by ...
DATE: Mar 15, 2010
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LONDON (AP) — Planned strikes by British Airways staff are unjustified and threaten the future of the company, Britain's transportation secretary said yesterday.
In an interview with the BBC, Andrew Adonis called on the union representing the airline...
DATE: Mar 15, 2010
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TORONTO (Reuters) - "Cash is king" has become the mantra for Canadian consumer companies looking to get through the coming year as they hold their purse strings tightly until the economic recovery becomes more firmly entrenched.
When times are good, ...
DATE: Mar 15, 2010
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The World Insurance Forum will be broadcast live via the Internet today and tomorrow.
The two-day conference, which features an array of industry leaders, gets under way at Tucker's Point Hotel this morning.
Panels of CEOs will discuss hot industry t...
DATE: Mar 15, 2010
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AUTHOR:
Jonathan Kent
NEW YORK (Bloomberg) — American International Group Inc. was unprepared for the financial crisis that forced the insurer to accept a $182.3 billion bailout from the US government, the company's former general counsel said.
AIG didn't have the "infras...
DATE: Mar 15, 2010
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Validus Holdings Ltd. expects the losses of between $170 million and $270 million due to exposure to the recent Chilean Earthquake and $20 million to $30 million as a result of the damage caused by European Windstorm Xynthia.
These estimates were net...
DATE: Mar 15, 2010
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BEIJING (Bloomberg) — Cnooc Ltd., China's biggest offshore oil explorer, agreed to buy a 50 percent stake in rival Argentine producer Bridas Corp. for $3.1 billion, adding 318 million barrels of reserves as Chinese fuel demand surges.
Bridas, control...
DATE: Mar 15, 2010
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WASHINGTON (Reuters) - The Park Avenue Bank, a New York City-based institution, was among three banks seized by regulators on Friday, and is the second area bank to fail in two days.
The other banks seized Friday were small institutions in Florida an...
DATE: Mar 15, 2010
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