76337 results returned for search: "" category "Business"
Companies in the US cut fewer jobs in July as the worst recession since the Great Depression eased, a private report based on payroll data showed.
The estimated 371,000 drop, higher than economists had forecast, followed a revised 463,000 decline the...
DATE: Aug 11, 2009
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Clients who have seen their net worths shrink during the global financial crisis are demanding more from wealth managers and are trusting them less.
That is one of the findings of a report by accountancy firm PricewaterhouseCoopers, entitled "A New E...
DATE: Aug 11, 2009
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AUTHOR:
Jonathan Kent
NEW YORK (Bloomberg) — Tremont Group Holdings Inc. and other feeder funds to Bernard Madoff's defunct investment advisory business sued insurers including a CNA Financial Corp. unit for failing to cover Madoff-related litigation.
Tremont, a fund of f...
DATE: Aug 11, 2009
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Bermuda's re/insurance industry is starting to show signs of recovery, if the second quarter of 2009 results are anything to go by.
Having suffered from exposure to Lehman Brothers, Merrill Lynch and American International Group, as well as claims pa...
DATE: Aug 11, 2009
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NEW YORK (AP) - With the stock market in a bit of a news lull, investors decided to lock in some profits.
Stocks fell modestly yesterday in the absence of any major corporate or economic developments. Investors were also cautious ahead of earnings re...
DATE: Aug 11, 2009
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Bermuda-based reinsurer Maiden Holdings Ltd.'s second-quarter profits rose 18 percent compared to last year, on increased investment and underwriting revenues.
Net income was $16.3 million, compared to $13.8 million in the same period in 2008. Book v...
DATE: Aug 11, 2009
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CATEGORY:
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AUTHOR:
Jonathan Kent
A new study shows female managers are more than three times as likely as their male counterparts to underrate their bosses' opinions of their job performance.
The discrepancy increases with women older than 50, the study states.
"Women have imposed t...
DATE: Aug 11, 2009
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American Safety Insurance Holdings Ltd. last night named Mark Haushill as the company's new chief financial officer.
Mr. Haushill, who joins the company from Argo Group US, will take up his new role on September 8, 2009.
American Safety's new recruit...
DATE: Aug 11, 2009
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Percentage change
Company Net income GPW Book value
(Q2 09 (Q2 09 (Q2 09
v Q2 08) v Q2 08) v Q1 09)
Ace -28 -4 11
Arch -20 5 9
Argo Group -5 30 5
Assured -69 30 11
Aspen -13 1 17
Allied World 30 10.3 9
Axis -31 4 9
Endurance 31 7.9 9
Flagstone ...
DATE: Aug 11, 2009
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The growth of Bermuda's commercial property market has been slowed down by a fall in demand and a number of international companies sub-letting their premises in direct competition with new developments.
That is the view of former Premier and propert...
DATE: Aug 11, 2009
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