76470 results returned for search: "" category "Business"
DETROIT (AP) — Toyota Motors' US vehicle sales jumped 14.1 percent in May to its best monthly level ever and General Motors' sales rose 9.7 percent as both automakers credited in part the appeal of their more fuel-efficient offerings amid high gas pr...
DATE: Jun 04, 2007
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Leading insurance brokers Marsh & McLennan Companies, Inc. on Friday convened a panel of experts from across the firm to discuss ways companies can more effectively prepare and manage for the potentially catastrophic effects of this season's storms.
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DATE: Jun 04, 2007
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MONTREAL(Reuters) - Canada's corporate leaders are sounding the alarm over foreign acquisitions of the country's biggest companies, but looking for help from Ottawa to stem the tide may prove futile.This past week, Laurent Beaudoin, chief executive o...
DATE: Jun 04, 2007
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A UK-based consultancy specialising in run-off services has announced that it aims to buy out four or five Bermudian or US property and casualty insurers within the next three years.
Independent Services Group Ltd. has appointed two former directors ...
DATE: Jun 04, 2007
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The shareholders of Bermuda-based insurer Alea Group Holdings (Bermuda) Ltd. narrowly rejected the proposed cash acquisition by FIN Acquisition Ltd. via an amalgamation scheme at an adjourned special general meeting held last Thursday.
Alea announced...
DATE: Jun 04, 2007
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AUTHOR:
Jonathan Kent
Bermuda will be remembered as the place where delegates representing more than 100 countries and international organisations signed an agreement that has made the the global anti-money laundering and financial investigating Egmont Group a fully-flege...
DATE: Jun 04, 2007
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AUTHOR:
Scott Neil
NEW YORK (Bloomberg) — More than three-fourths of large companies in the New York City area bought insurance last year to protect their property against damage from terrorist attacks, up from 54 percent in 2004, according to a survey by Marsh & McLen...
DATE: Jun 04, 2007
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Omega Insurance, whose holding company is based in Bermuda, remained upbeat about prospects for the year ahead on Friday and said it was "extremely pleased" with the trading position of the company at this stage of 2007.
"Rates, terms and conditions ...
DATE: Jun 04, 2007
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Hurricane activity in the Atlantic basin and making landfall in the US will be 65 percent above normal during 2007, predicts the Tropical Storm Risk consortium.
Five tropical storms, of which two will be hurricanes, are forecast to strike the US, whi...
DATE: Jun 04, 2007
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AUTHOR:
Scott Neil
NEW YORK (Bloomberg) — Meteorologists' predictions for an above-average number of storms aren't denting investor optimism in insurers as the US hurricane season starts.The perceived risk of owning bonds of Allstate Corp. and American International Gr...
DATE: Jun 04, 2007
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