76472 results returned for search: "" category "Business"
Axis Capital has announced a reorganisation of its insurance operations that the Bermuda-based insurer and reinsurer says will enhance its position as a ?global leader? in specialty lines insurance.
As part of the reshuffle, Axis announced the appoin...
DATE: Jan 22, 2007
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LONDON (Bloomberg) ? Citigroup Inc. cut its earnings estimates for oil-tanker companies including Bermuda-based Frontline Ltd., the world's second-largest, because an expansion in fleets is hurting freight rates.
"With OPEC production remaining the m...
DATE: Jan 22, 2007
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NEW YORK (Reuters) ? Four reinsurers, flush from a year without catastrophic storms and with higher premiums, are set to test investor enthusiasm with a series of US stock listings.
Bermuda-based reinsurer Validus Holdings Ltd. and Greenlight Capital...
DATE: Jan 22, 2007
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GEOPOLITICAL risk isn't a factor that is of primary concern in the daily decision-making of market participants. However, some institutional investors monitor it quite closely and have risk management plans in place should the scenario diverge from t...
DATE: Jan 22, 2007
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TORONTO (Reuters) — Canadian oil companies may pump a gusher of profits when they report fourth-quarter results over the next few weeks, but the recent skid in oil prices is likely to put a lid on any rise in their stock prices.Oil prices were on a d...
DATE: Jan 22, 2007
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As stocks struggled through an ugly bear market a few years back, something wonderful happened to serve the cause of investors.
The Smart Money declared that assets of all types -- bonds and money markets as well as stocks -- were embarking on a new ...
DATE: Jan 22, 2007
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BEIJING (Bloomberg) — China’s insurance market expanded 14.4 percent to 564.1 billion yuan ($73 billion) last year as the world’s fastest-growing major economy generated demand for insurance coverage, the regulator said.Insurance companies’ total ass...
DATE: Jan 22, 2007
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NEW YORK (Bloomberg) — The yen tumbled to the lowest in almost four years against the dollar, logging a second straight weekly loss, after the Bank of Japan left interest rates unchanged.The yen sank against all 16 major currencies and posted the big...
DATE: Jan 22, 2007
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NEW YORK (Bloomberg) — Scottish Re Group Ltd., a life reinsurer which put itself up for sale after a surprise second-quarter loss, said it would hold a shareholders meeting in Hamilton on February 23 to vote on a previously announced buyout offer.The...
DATE: Jan 22, 2007
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GEOPOLITICAL risk isn’t a factor that is of primary concern in the daily decision-making of market participants. However, some institutional investors monitor it quite closely and have risk management plans in place should the scenario diverge from t...
DATE: Jan 22, 2007
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