76290 results returned for search: "" category "Business"
NEW YORK (Bloomberg) — American International Group Inc., the insurer criticised by lawmakers for giving bonuses to executives after a US bailout, started an incentive plan that will give the top 10 percent of employees the largest awards.
AIG's syst...
DATE: Feb 12, 2010
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Sweden beats U.S. to top tech usage ranking
+ Sweden takes top spot from U.S.
+ Norway, Denmark, Netherlands, Finland next
+ Malaysia, South Africa top list for emerging markets
HELSINKI, Feb 11 (Reuters) - Sweden took the number one spot from the Un...
DATE: Feb 12, 2010
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LONDON (Bloomberg) — Bermuda-based Golden Ocean Group Ltd., Norwegian billionaire John Fredriksen's commodities shipping line, posted a threefold profit increase after spending less on hiring ships and said it expects better results in 2010.
Net inco...
DATE: Feb 12, 2010
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AXIS Capital Holdings Limited today announced the formation of a renewable energy team within its AXIS Insurance business. The team, based in London, will insure and assess risks for renewable energy producers and distributors, including: wind turbin...
DATE: Feb 12, 2010
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Bermuda reinsurer PartnerRe last night announced a 2009 profit of $1.5 billion in what chief executive officer Patrick Thiele called an "exceptional" year.
The full-year profit broke down to $23.51 per share and compared with net income of $46.6 mill...
DATE: Feb 11, 2010
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AUTHOR:
Jonathan Kent
NEW YORK (AP) - The stock market managed to steady itself after hearing Federal Reserve Chairman Ben Bernanke's plans to dismantle the central bank's supports for the economy.
The Dow Jones industrial average closed with a loss of 20 points after fal...
DATE: Feb 11, 2010
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Bermuda-based insurer XL Capital Ltd. has moved past recovery mode and now it's striving to be the best in its field.
That is the clarion call from the company's chief executive officer Mike McGavick, who told The Royal Gazette yesterday that XL had ...
DATE: Feb 11, 2010
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AUTHOR:
Jonathan Kent
There has never been a more important time for Bermuda to take part in international regulation with greater expectations placed on regulators to keep up with the latest developments in the global marketplace.
That is according to Jeremy Cox, CEO of ...
DATE: Feb 11, 2010
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NEW YORK (AP) — Marsh & McLennan Cos., an insurance broker and consulting firm, said Wednesday its fourth-quarter profit fell 53 percent because of costs tied to settling lawsuits filed in 2004.
Marsh & McLennan recorded $435 million in charges tied ...
DATE: Feb 11, 2010
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The boss of the largest Bermuda-based insurance company remains hopeful that US lawmakers will not back President Barack Obama's proposed changes to the tax code that would raise the amount of US tax paid by some of the Island's insurers.
Mike McGavi...
DATE: Feb 11, 2010
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CATEGORY:
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AUTHOR:
Jonathan Kent
