76439 results returned for search: "" category "Business"
Allied World Assurance Company Holdings has taken its first step to expand its reinsurance platform in the US by appointing John Bender as chief operating officer of US reinsurance.
Mr. Bender joins Allied World from Platinum Underwriters, where he w...
DATE: Nov 09, 2007
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Increasingly more and more businessmen are using laptops and BlackBerrys to access their information in Bermuda.
And with the advent of remote technology the demand is even greater for being able to work on the go.
But just how secure is that informa...
DATE: Nov 09, 2007
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Butterfield Bank was the only company to experience any change on the Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The bank saw its share price drop five cents (0.3 percent) to close at $18.85, with 2,700 shares traded.
Overall the Ind...
DATE: Nov 09, 2007
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NEW ORLEANS (Bloomberg) — Allstate Corporation, State Farm Mutual Automobile Company and four other insurance companies have been sued by Louisiana officials and accused of illegally limiting payouts on claims from hurricanes Katrina and Rita.
The co...
DATE: Nov 09, 2007
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'How to buy a piece of the Rock' - that will be the focus for a new radio talk show launched this week.
The show, which airs every Thursday at 10 a.m. on KJaz 98.1FM, will be hosted by real estate agents Coldwell Banker Bermuda Realty.
It aims to giv...
DATE: Nov 09, 2007
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WASHINGTON (Bloomberg) - Apple Inc., maker of the iPod music player, lost a bid to have a judge throw out a patent-infringement lawsuit by Burst.com Inc. over technology that stores audio and video files.
US District Judge Marilyn Patel in San Franci...
DATE: Nov 09, 2007
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NEW YORK (Bloomberg) - Blockbuster Inc., the world's largest video-rental chain, expects that within the next few years, half of its revenue will come from customers purchasing movies and games rather than borrowing them.
"It's a reasonable expectati...
DATE: Nov 09, 2007
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Falling real estate prices, massive bank write-downs and a quickening drumbeat of slashed credit ratings adds up to one thing: The credit crunch has only just begun.
While no surprise, given that we are coming out of a worldwide debt binge, the fact ...
DATE: Nov 09, 2007
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Insurers and reinsurers are likely to take the full hit of subprime-associated directors and officers insured losses next year and in 2009.
According to global risk and reinsurance specialist Guy Carpenter & Company, which is part of the Marsh & McLe...
DATE: Nov 08, 2007
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AUTHOR:
Scott Neil
Allied World Assurance Company suffered a slight downturn in profits for the third quarter with a drop of $5 million from $114 million in 2006 to $109 million for the same period this year.
Gross premiums written were also down, this time by 23.8 per...
DATE: Nov 08, 2007
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