76384 results returned for search: "" category "Business"
NEW YORK (Bloomberg) - Aon Corp., the biggest insurance broker, said customers pinched by the slowdown in US economic growth are cutting back the amount they spend on coverage.
"The economy is obviously impacting our clients," CEO Gregory Case said o...
DATE: Aug 05, 2008
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Bacardi Ltd. has appointed Seamus McBride as its new president and CEO, effective from the start of next month.
Mr. McBride, who will be based at the company's headquarters in Bermuda, will join Bacardi from the Colgate-Palmolive Co., where he served...
DATE: Aug 05, 2008
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CALGARY, Alberta (Reuters) - Acquisitive major resource companies are thinking small, and it is generating some big buzz.
Niche players in Canadian oil, gas and mining that were scarcely known outside their home base have attracted the attention of m...
DATE: Aug 04, 2008
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It proved to be a week of highs and lows on The Royal Gazette/Bermuda Stock Exchange Index (BSX) last week.
The insurance sector was the strongest, with Argus Group Holdings Ltd. up 75 cents at $14.75, BF&M Ltd. rose 45 cents to $19.95.
KeyTech led t...
DATE: Aug 04, 2008
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NEW YORK (Reuters) - The US dollar climbed to five-week peaks against the euro and three-week highs against the British pound on Friday as better-than-expected economic data allayed worries about a much sharper slowdown.
The yen, on the other hand, g...
DATE: Aug 04, 2008
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Maiden Holdings Ltd. reported a net income of $13.8 million and net premium written of $171.3 million for the second quarter.
This is the second financial reports the Bermuda-based company has released since it was formed last June.
The firm provide...
DATE: Aug 04, 2008
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NEW YORK (Bloomberg) - Willis Group Holdings Ltd., the world's third-largest insurance broker, said second-quarter profit fell 50 percent on costs including severance and buyouts.
Net income dropped to $39 million, or 27 cents a share, from $78 milli...
DATE: Aug 04, 2008
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Bermuda-based Aspen Insurance Holdings Ltd. reported a 10.6-percent rise in net income for the second quarter, aided by low catastrophe losses.
The insurer and reinsurer said on Wednesday evening that net earnings for the quarter totalled $126.9 mill...
DATE: Aug 04, 2008
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AUTHOR:
Jonathan Kent
DATE: Aug 04, 2008
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NEW YORK (Bloomberg) - Aon Corp., the biggest insurance broker, said second-quarter profit from continuing operations declined 8.2 percent on higher expenses tied to job cuts.
Earnings excluding the sale of an underwriting unit fell to $168 million, ...
DATE: Aug 04, 2008
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