76289 results returned for search: "" category "Business"
NEW YORK (AP) - Relief about Europe's pledge to support Greece sent the stock market charging higher yesterday.
The Dow Jones industrial average jumped 106 points as confidence grew that aid to Greece would extinguish one of the several threats that ...
DATE: Feb 12, 2010
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NEW YORK (Reuters) - Citigroup Inc is at no disadvantage when it comes to paying employees, the bank's chief financial officer said on Thursday.
The bank was able to pay employees competitively in 2009 and is subject to the same compensation oversigh...
DATE: Feb 12, 2010
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Payroll tax concession and customs duty deferment were among the key topics up for debate at a seminar hosted by the Economic Empowerment Zones Agency (EEZA) this week.
Representatives from the EEZA, the Office of the Tax Commissioner, and the Custom...
DATE: Feb 12, 2010
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LONDON (Reuters) - Bermuda-based Lloyd's of London insurer Catlin posted a better-than-expected 2009 pretax profit on healthy investment returns and a benign hurricane season, and was upbeat despite a challenging outlook.
The property and casualty in...
DATE: Feb 12, 2010
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Allied World Assurance Company achieved a record annual profit of $606.9 million during 2009, driven primarily by a 17.3 percent rise in gross premiums written.
Allied World reported net income of $161.3 million, or $3.05 per share, for the fourth qu...
DATE: Feb 12, 2010
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PartnerRe Ltd. yesterday announced changes in its operating structure following its expansion through the acquisition of Paris Re.
And the Bermuda-based reinsurer also announced that Paris Re chief executive officer Hans-Peter Gerhardt — along with f...
DATE: Feb 12, 2010
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AUTHOR:
Jonathan Kent
LOS ANGELES (Reuters) - Added to a wave of personal injury lawsuits stemming from Toyota's massive recall, the automaker faces a growing number of consumer class-action cases — more than 40 so far — over the shrinking resale value of its cars.
Consum...
DATE: Feb 12, 2010
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Litigation attorney Katie Tornari was recently called to the Bermuda Bar.
Hailing from the UK, Ms Tornari is a senior associate in the Insurance and Reinsurance Department at Marshall Diel & Myers where she works on a range of complex re/insurance a...
DATE: Feb 12, 2010
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NEW YORK (Bloomberg) — A majority of companies in the Standard & Poor's 500 stock index increased cash to a combined $1.19 trillion while simultaneously reducing spending, keeping a jobs recovery on hold.
Caterpillar Inc., Eaton Corp., Walgreen Co., ...
DATE: Feb 12, 2010
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Net income: $161.3 million compared to $19.9 million in 2008
Combined ratio: 76.2 percent compared to 75.9 percent in 2008
Gross premiums written: $322.1 million compared to $310.9 million in 2008
DATE: Feb 12, 2010
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