76341 results returned for search: "" category "Business"
Former XL chairman and chief executive officer Brian O'Hara has come out of retirement to take a $2.4 million, three-year consulting deal with his former company.
Details appear in a regulatory filing, dated March 5 this year, which states that Mr. O...
DATE: May 27, 2009
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Hardy Underwriting Bermuda Ltd. has already seen profit-boosting benefits from redomiciling to London.
And after the official opening of its Bermuda underwriting platform this month, those benefits are set to multiply, according to the company's chie...
DATE: May 27, 2009
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AUTHOR:
Jonathan Kent
By Donna Childs
NEW YORK (Dow Jones)—Described as a "black hole," American International Group Inc. (AIG) is largely inscrutable - but not to everyone. Like the proverbial canary in the coal mine, key reinsurance markets delved deep into the operatio...
DATE: May 27, 2009
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Global business consultancy and outsourcing specialist Accenture plans to leave Bermuda to reincoporate in Ireland.
The company announced yesterday that its board of directors had unanimously approved the move, adding that Ireland "offers a stable po...
DATE: May 27, 2009
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AUTHOR:
Jonathan Kent
TORONTO (Reuters) - Toronto's main stock index rose sharply yesterday, gaining for the third straight session, as the financial sector surged on, thanks to Bank of Montreal's earnings and rosy US economic data.
The rally by financial issues and data ...
DATE: May 27, 2009
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LONDON (Bloomberg) — Bermuda-based Hiscox, the third-biggest Lloyd's of London underwriter, appointed Pierre-Olivier Desaulle as managing director of Europe, replacing Michael Gould, who will focus on his role as chief operating officer.
Desaulle, 45...
DATE: May 27, 2009
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LONDON (Bloomberg) — UK banks and insurers should give non-executive directors greater powers, change their bonus plans, and produce more transparent accounts, according to a group of pension funds that oversee £75 billion ($120 billion).
Non-executi...
DATE: May 27, 2009
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LONDON (AP) — Virgin Atlantic Airways said yesterday that full-year profit excluding exception charges rose nearly 17 percent despite volatile fuel costs.
For the year ending February 28, the airline reported a net profit excluding exceptionals of £4...
DATE: May 27, 2009
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The board of Heritage Managing Agency Ltd, a member of Argo Group International Holdings, Ltd. (NasdaqGS: AGII), today announced the appointment of Andrew Carrier as its director of underwriting. Carrier, who is president of Argo Re, will continue in...
DATE: May 27, 2009
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SEATTLE (AP) — Dell Inc., already the largest seller of PCs to schools worldwide, is trying to extend its lead with its first mini-laptop designed for young students at a time adult consumers and businesses are cutting back on technology spending.
De...
DATE: May 27, 2009
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