76395 results returned for search: "" category "Business"
Around one in five US residents lives within 10 miles of a coastline vulnerable to hurricanes and the coastal population — together with the risk for property catastrophe insurers and reinsurers — continues to grow.
That was the message from Aon Re's...
DATE: Jun 18, 2008
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
SAN FRANCISCO (AP) - Adobe Systems Inc. reported on Monday its profit rose 41 percent in the second quarter because of strong sales and booming demand in international markets.
For the three months ended May 30, the maker of Photoshop design software...
DATE: Jun 18, 2008
|
CATEGORY:
Other
|
HSBC's asset management business, of which the Bank of Bermuda is part, has been rebranded from HSBC Group Investment Businesses to HSBC Global Asset Management.
Mark McCombe, chief executive of HSBC Global Asset Management, said: "We are changing ou...
DATE: Jun 18, 2008
|
CATEGORY:
Other
|
It proved to be a busy day's trading on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday, with no fewer than five companies seeing their share price move.
Leading the way was MediaHouse Ltd., whose share value rose 25 cents (3.57 percen...
DATE: Jun 18, 2008
|
CATEGORY:
Other
|
NEW YORK (Reuters) - AM Best cut its financial strength ratings on American International Group Inc , the world's largest insurer, citing the company's hiring of a new chief executive, and subsequent plans for a sweeping review.
The ratings agency sa...
DATE: Jun 18, 2008
|
CATEGORY:
Other
|
TORONTO (Reuters) - The Toronto Stock Exchange's main index notched a record high close yesterday, racking up its third session of triple digit gains as resource shares rose despite some softer commodity prices.
BCE Inc. was up after the Supreme Cour...
DATE: Jun 18, 2008
|
CATEGORY:
Other
|
TORONTO (AP) - Air Canada will cut up to 2,000 jobs, or seven percent of its work force, and said yesterday it is slashing capacity like other major carriers beset by record fuel prices.
"If fuel prices remain at current levels, we can anticipate fur...
DATE: Jun 18, 2008
|
CATEGORY:
Other
|
MONUMENT, Colorado (AP) — Susan Popp was a manager at Hewlett-Packard and her husband was a pilot at the Air Force Academy when they decided to become bison ranchers.
Now the US bison industry is trying to encourage more people — be they veteran catt...
DATE: Jun 18, 2008
|
CATEGORY:
Other
|
Bermudian Andreas Lewin is fast proving that the Island can produce its own talent in the insurance industry after being promoted to managing director of Ace Tempest Re Europe.
Mr. Lewin, who was appointed deputy managing director of Ace Tempest Re E...
DATE: Jun 18, 2008
|
CATEGORY:
Other
|
Everest Re Group Ltd.'s reinsurance subsidiaries have been affirmed the financial strength rating (FSR) of A+ (superior) and issuer credit ratings (ICR) of "aa-" by AM Best Co.
Concurrently, Best has affirmed the ICRs of "a-" of Everest Re and Everes...
DATE: Jun 18, 2008
|
CATEGORY:
Other
|
