76472 results returned for search: "" category "Business"
Ace Ltd. CEO Evan Greenberg told a Institutional Investor conference this week that the insurance industry was “well into the early stages of a soft market”.
“For renewals, prices continue to soften (fall) globally, and the rate of decline has accele...
DATE: Mar 08, 2007
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Max Re is seeking shareholder approval to change the company’s name from Max Re Capital Limited to Max Capital Group Limited at the company’s 2007 annual general meeting of shareholders to be held on May 4.
The decision reflects the company’s strateg...
DATE: Mar 08, 2007
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About 1,500 writers are due to finish tomorrow what Penguin is claiming will be the world’s first ‘wiki’ novel, so get your two bits in now if you’re a budding author.The web-based, collaborative novel is based on the same principle and technology dr...
DATE: Mar 07, 2007
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AUTHOR:
Ahmed Elamin
Butterfield Bank has received improved ratings from financial research and analysis specialists Moody’s, underlining its status as the Island’s leading local bank.
Its long-term deposit rating has gone up three notches from a “upper-medium” low risk ...
DATE: Mar 07, 2007
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AUTHOR:
Scott Neil
NEW YORK (AP) — Wall Street rebounded as investors were encouraged by a recovery on world markets and moved to recoup some of the big losses suffered in last week’s sharp pullback. The Dow Jones industrials rose more than 150 points.Investors came of...
DATE: Mar 07, 2007
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Bermuda’s regulation of its insurance industry needs to be upgraded to world-class to maintain the Island’s place as a leading jurisdiction, says Ace Ltd. chief executive officer Evan Greenberg.
While financial regulatory body the Bermuda Monetary Au...
DATE: Mar 07, 2007
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CellularOne lost some subscribers in 2006 but maintained strong profitability in an increasingly competitive wireless telecommunications market, chief operating officer Michael Leverock said yesterday.
The company maintained its position as market le...
DATE: Mar 07, 2007
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AUTHOR:
Jonathan Kent
Toronto (Bloomberg) — Canadian stocks rose for the first time in four days, amid a global rebound in equities, on speculation a week-long selloff created buying opportunities.Commodity producers including Goldcorp climbed on higher bullion and crude ...
DATE: Mar 07, 2007
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Bermuda-based White Mountains Group Ltd. announced yesterday that Allan Waters has been elected chief executive officer of its reinsurance group, White Mountains Re Group, Ltd. He succeeds Tom Hutton, who remains deputy chairman of the White Mountain...
DATE: Mar 07, 2007
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Finance Minister Paula Cox said last night that Ace Ltd. chief executive officer Evan Greenberg’s call for beefed-up regulation of the insurance industry suggested he was “not current” with improvements that had taken place at the Bermuda Monetary Au...
DATE: Mar 07, 2007
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AUTHOR:
Jonathan Kent
