76470 results returned for search: "" category "Business"
NEW YORK (AP) — Forecasts for a busier-than-normal hurricane season mean added pressure on the utility and insurance industries, but they say they're more prepared to absorb a catastrophic hit.Power utilities have invested in hardier equipment to bet...
DATE: May 25, 2007
|
CATEGORY:
Other
|
The board of Bermuda-based OneBeacon Insurance Group Ltd. has declared a $0.21 per share quarterly dividend, payable in cash on June 27, 2007, to holders of record of common shares as of the close of business on June 18, 2007.
DATE: May 25, 2007
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) — Greenlight Capital Re Ltd., the Cayman-based reinsurance company led by hedge fund manager David Einhorn, raised $194.8 million in an initial public offering.Einhorn, a shareholder activist whose hedge fund has posted a 29 perc...
DATE: May 25, 2007
|
CATEGORY:
Other
|
NEW YORK (Reuters) — Seven insurers have agreed to pay an additional $2 billion to developers of the World Trade Centre, resolving all outstanding claims from the September 11, 2001, attacks and speeding redevelopment of the site, New York State offi...
DATE: May 25, 2007
|
CATEGORY:
Other
|
ZURICH (Bloomberg) — Insurance companies are ripe for consolidation through private equity acquisitions, said Alfred Gantner, chairman of Partners Group, a Swiss manager of buyout and hedge funds."Insurance companies can become targets of private equ...
DATE: May 25, 2007
|
CATEGORY:
Other
|
NEW YORK (AP) — Wall Street ended an erratic session little changed yesterday as investors upbeat about the latest round of takeover activity remained hesitant to take the market higher ahead of new economic data.While stocks moved sideways, Treasury...
DATE: May 23, 2007
|
CATEGORY:
Other
|
NEW YORK (AP) — You will not lose weight in your sleep or shed pounds (kilograms) while eating anything you want — that's the sobering message from the maker of a weight loss pill poised to hit shelves next month.GlaxoSmithKline opened an educational...
DATE: May 23, 2007
|
CATEGORY:
Other
|
Insurance group BF&M saw its first quarter profits jump just over $1.5 million in the opening three months of 2007 compared to the same period a year ago.
The decision to expand into overseas markets, such as Barbados, has been attributed to much of ...
DATE: May 23, 2007
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
Just five months after Bermuda-based Ironshore Insurance opened its doors as a primary insurer focused on property catastrophe lines, its parent company Ironshore Inc. is getting very busy.
In the first quarter, the company set up Ironshore Reinsuran...
DATE: May 23, 2007
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
LONDON (Reuters) — British Airways said it has decided to join a group bidding for Spanish airline Iberia led by private equity firm Texas Pacific Group.TPG and its partners have already made an indicative bid worth [EURO]3.4 billion ($4.6 billion) f...
DATE: May 23, 2007
|
CATEGORY:
Other
|
