76318 results returned for search: "" category "Business"
PartnerRe returned to a healthy profit of $566.7 million for the third quarter, bouncing back from a $151.7 million net loss for the same period last year.
The reinsurer's net income included after-tax net realised and unrealised gains on investments...
DATE: Oct 27, 2009
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NEW YORK (Reuters) - Willis Group Holdings Ltd, the world's third largest insurance broker, said last night that net income more than doubled in the third quarter, helped by higher commission and fee revenue.
Willis said net earnings from continuing ...
DATE: Oct 27, 2009
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BADEN-BADEN (Bloomberg) — Hannover Re, Germany's second- biggest reinsurer, expects prices for German reinsurance contracts renewed in January to remain stable as primary insurers seek to protect capital hurt by the financial crisis.
"Given the state...
DATE: Oct 27, 2009
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LONDON (Reuters) - British retail banks should stop paying big cash bonuses and use the money instead to support new lending and contribute to an economic recovery, the opposition Conservatives' finance spokesman George Osborne said yesterday.
The po...
DATE: Oct 27, 2009
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NEW YORK (Bloomberg) — Citigroup Inc. and Bank of America Corp. paid top executives an average of $18.2 million each last year as the banks accepted $90 billion of bailout funds, records from Treasury Department paymaster Kenneth Feinberg show.
Citig...
DATE: Oct 26, 2009
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NEW YORK (Bloomberg) — The dollar weakened to $1.50 per euro for the first time in 14 months as more evidence of a recovery in the global economy from recession increased demand for higher-yielding assets.
The Canadian dollar fell against most of its...
DATE: Oct 26, 2009
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Double-digit falls in the share prices of Butterfield Bank and Bermuda Aviation Services Ltd. (BAS) saw the Bermuda Stock Exchange suffer a six percent fall this week.
The bank plunged 75 cents, or 15.6 percent, to $4.05 - its lowest price since earl...
DATE: Oct 26, 2009
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Five percent of Bermuda residents polled have lost their job over the past year and are still unemployed, according to a sample survey by Research.bm.
The startling statistic, which was recorded from a study of 400 people aged 18 or over during the t...
DATE: Oct 26, 2009
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TORONTO (Reuters) - Strong gold prices and tame cost inflation should lead to robust third-quarter results from Canadian gold producers, but investor focus will likely be on updates on new mines and fresh details on the unwinding of Barrick Gold's he...
DATE: Oct 26, 2009
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NEW YORK (Reuters) - Stock bulls may hit the pause button again this week if a wave of earnings due from marquee names such as Exxon Mobil and a slew of economic data offer no new incentives to extend Wall Street's seven-month rally.
Even though the ...
DATE: Oct 26, 2009
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