76382 results returned for search: "" category "Business"
LONDON (Reuters) - The British government has approved construction of a 500-megawatt offshore wind farm in Cumbria, northwest England, the government said yesterday.
It said the Duddon Sands farm, planned near Walney Island off the coast of Barrow-i...
DATE: Sep 05, 2008
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LONDON (AP) — Prudential, Britain's largest insurance company, announced yesterday that it will be taking £1 billion ($1.8 billion) of pension assets from Britain's second biggest phone company, Cable & Wireless.
The deal will transfer Cable & Wirele...
DATE: Sep 04, 2008
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A US unit of Bermuda-based Ironshore has been approved to write excess and surplus coverage in the state of New York.
Ironshore Specialty Insurance Company (ISIC) was added on Tuesday to the Excess Line Association of New York (ELANY) list of eligibl...
DATE: Sep 04, 2008
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Hurricane Gustav will have a minimal impact on the property and catastrophe market.
That is according to rating agency AM Best Co., who said in a report that despite estimates of $2 billion to $10 billion of insured losses, it does not expect the eff...
DATE: Sep 04, 2008
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Global warming is top of the agenda for a major scientific expedition sponsored by Bermuda-based insurer Catlin Group Ltd.
The project — to be known as the Catlin Arctic Survey — will be led by British explorer Pen Hadow and will capture vitally need...
DATE: Sep 04, 2008
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NEW YORK (Reuters) - John Charman, chief executive of Bermuda-based Axis Capital Holdings Ltd., said yesterday his eyes were open for acquisitions - and mentioned fellow Bermuda company XL Capital as an industry takeover target.
"We would consider ac...
DATE: Sep 04, 2008
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Bermuda-based Axis Specialty Ltd. yesterday announced that it had been approved to start writing general insurance business in Singapore.
The company, an operating subsidiary of Axis Capital Holdings Ltd., has had a representative office in the Asian...
DATE: Sep 04, 2008
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NEW YORK (AP) — Wall Street finished mixed in fickle trading yesterday, with investors still unsettled about the economy ahead of tomorrow's employment report and only somewhat relieved about sliding commodities prices.
The Commerce Department gave t...
DATE: Sep 04, 2008
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Bermuda-based Endurance Specialty Holdings Ltd. has appointed Lauren Kent as senior underwriting manager and head of reinsurance for Endurance Worldwide Insurance Ltd. in London.
Ms Kent has 18 years of industry experience including five years with ...
DATE: Sep 04, 2008
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Another small island is investing in its insurance industry with Gibraltar launching the Gibraltar Insurance Institute this week.
Gerald Simons, former president of the Bermuda Insurance Institute, spoke at yesterday's institute launch on the British...
DATE: Sep 04, 2008
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