76282 results returned for search: "" category "Business"
Bermuda-based Torus yesterday announced additional equity investment of $185 million to support the continued expansion of its specialty re/insurance reinsurance business.
The additional financing, which is subject to regulatory approval and other cu...
DATE: Feb 23, 2010
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WASHINGTON (Reuters) - To many Americans, it is a matter of common sense: traders who failed so spectacularly at their jobs that they nearly brought down the global economy should be fired, not rewarded with handsome bonuses.
Yet AIG, the fallen insu...
DATE: Feb 23, 2010
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Bermuda's re/insurers have weathered the financial storm well during 2009 and remains in good stead according to the latest report by AM Best Co.
The report said that Best is maintaining a stable outlook for the global non-life reinsurance industry f...
DATE: Feb 23, 2010
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HOUSTON (Reuters) - The receiver in charge of accused swindler Allen Stanford's estate sued to recover $1.6 million in contributions made to the national campaign arms of the US Republican and Democratic parties.
The contributions made by Stanford, h...
DATE: Feb 23, 2010
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NEW YORK (AP) - The stock market paused from a four-day rally yesterday and closed modestly lower after big consumer companies gave a cautious outlook for economic growth.
The market, which has advanced on stronger economic signs, fluctuated after Lo...
DATE: Feb 23, 2010
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The importance of making the most of training opportunities during the recession has been highlighted by an expert on the issue.
Paul Loftus, a Montreal-based industrial/organisational psychologist, who was in Bermuda last week meeting with companies...
DATE: Feb 23, 2010
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WASHINGTON (AP) — Federal prosecutors have launched a criminal investigation into Toyota Motor Corp.'s safety problems and the Securities and Exchange Commission was probing what the automaker told investors, the company disclosed yesterday. Newly re...
DATE: Feb 23, 2010
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LONDON - Britain's top share index closed slightly lower, snapping a five-day winning streak, as weakness from defensive stocks countered gains from banks ahead of more results from the financial sector later in the week. The FTSE 100 closed at 5,352...
DATE: Feb 23, 2010
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Bermuda-based mutual energy insurer Associated Electric & Gas Insurance Services Ltd. is set to move into the treaty reinsurance business through its AEGIS London unit.
The treaty business will be handled by Chris White, property treaty underwriter, ...
DATE: Feb 23, 2010
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NEW YORK (Bloomberg) - American International Group Inc. (AIG), the troubled financial firm that threatened to bring down the US economy, is showing stable revenue for its insurance units and improving its ability to repay taxpayers 17 months after a...
DATE: Feb 23, 2010
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