76389 results returned for search: "" category "Business"
Bermuda-based commercial insurer XL Capital Ltd. will announce its second-quarter results today after the US stock markets close, the company announced yesterday afternoon.
XL executives will also make themselves available to discuss those results wi...
DATE: Jul 28, 2008
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AUTHOR:
Jonathan Kent
Platinum Underwriters Holdings Ltd.'s (PTP) subsidiaries Platinum Underwriters Bermuda Ltd. and Platinum Underwriters Reinsurance Inc. have been assigned an 'A' insurer financial strength (IFS) by Fitch Ratings. The rating outlook is stable.
The rati...
DATE: Jul 28, 2008
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The value of housing construction projects rose by almost 25 percent during the first quarter of 2008, Government's latest figures have shown.
The estimated value of work done during the first three months of the year was $28.7 million, up 24.8 perce...
DATE: Jul 28, 2008
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NEW YORK (Bloomberg) - US state and local governments from Alabama to Arizona opted to sell uninsured bonds this week, scrapping plans to use insurance from two firms threatened by Moody's Investors Service with losing their top ratings.
Municipal bo...
DATE: Jul 28, 2008
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Imagine Insurance Co. Ltd. and Imagine International Reinsurance Ltd. (collectively Imagine) has seen its rating outlook revised to negative from stable by Fitch Ratings, after the sale of one of the company's subsidiaries to bermuda-based Max Capita...
DATE: Jul 28, 2008
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NEW YORK (Bloomberg) - Aon Corp. said the insurance carrier-funded payments it was banned from accepting three years ago do not necessarily harm clients if properly disclosed.
"Aon does not believe that such compensation poses an irreconcilable confl...
DATE: Jul 28, 2008
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Bermuda-based insurer Catlin Group Ltd. is set to appoint Nicholas Lyons as an independent non-executive director next month.
His appointment, on August 6, will be subject to election to the Catlin board of directors by shareholders at the company's ...
DATE: Jul 28, 2008
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A leading catastrophe modeller expects insured losses caused by Hurricane Dolly to amount to less than $750 million.
The category two storm hit southwest Texas near the border of Mexico on Wednesday.
The estimate by Risk Management Solutions (RMS) in...
DATE: Jul 28, 2008
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In a powerfully good mood, I am here to sing the praises of the credit card. I am in New York City, to which I repair from time-to-time to get away from the hustle and bustle of Bermuda. New York City has been Disneyfied to such an extent that it now...
DATE: Jul 26, 2008
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The dreaded word, redundant. Everyone attends the normal weekly team meeting. You and a few others are culled from the group; 'stay after', you are told. One by one, you are given your walking papers. Shock, anger, disbelief, betrayal. You are stunne...
DATE: Jul 26, 2008
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