76472 results returned for search: "" category "Business"
MOSCOW (AP) — Russia’s natural gas monopoly has warned Belarus not to siphon gas from the main pipeline leading across its territory to Europe if it goes ahead with a threatened supply cut-off on New Year’s Day.The European Union and Germany, meanwhi...
DATE: Dec 29, 2006
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NEW YORK (Bloomberg) — Insurers sued for refusing to pay claims for homes damaged by floods after Hurricane Katrina may be in settlement talks with Mississippi Attorney General Jim Hood.Hood sued State Farm Mutual Automobile Insurance Co., the larges...
DATE: Dec 29, 2006
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The owners of the Horizons and Cottages resort and the Coral Beach and Tennis Club have announced plans to offer fractional ownership of proposed new luxury cottages.
Rumours have been rife that the Wardman family has been planning to sell off the tw...
DATE: Dec 29, 2006
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AUTHOR:
Jonathan Kent
Bermuda-based Paris Re Holdings Ltd. has completed the purchase of AXA Re, the reinsurance arm of France?s AXA Group.
Paris Re is headed by Hans-Peter Gerhardt, formerly chief executive officer of AXA Re and AXA retains a 3.4 percent stake in the Ham...
DATE: Dec 29, 2006
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HOUSTON (Dow Jones/AP) — HCC Insurance Holdings Inc. yesterday said it has recorded a charge of $26.6 million to correct for the accounting of employee stock options in 1997 through 2005 after an independent review.The Houston-based company said the ...
DATE: Dec 29, 2006
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NEW YORK (Bloomberg) ? US property casualty insurers used the lowest proportion of premiums for expenses and claims in two decades after losses plunged last quarter because of calmer weather.
Insurers used 90.6 cents of every $1 in premiums collected...
DATE: Dec 29, 2006
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The Pickled Onion restaurant is to close for at least two months to undergo a ?night-and-day? transformation, say its owners Island Restaurant Group Ltd (IRG).
The New Year?s Eve celebrations will mark the end of the current interior design of the po...
DATE: Dec 29, 2006
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AUTHOR:
Jonathan Kent
LONDON (Bloomberg) — The British Government is considering loosening the rules on who can advise insurance policy holders on their rights when insurers seek permission to pay out a portion of the surpluses held in long-term savings funds.The payouts ...
DATE: Dec 29, 2006
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Bermuda-based CRM Holdings Inc. (CRMH) yesterday announced that co-chief executive officer Martin D. Rakoff has resigned to pursue other interests.
The workers’ compensation risk management company said the other co-CEO, Daniel G. Hickey Jr., will be...
DATE: Dec 29, 2006
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HSBC Bank of Bermuda's internet banking services were back to normal yesterday after being inaccessible to some customers for much of Wednesday ? all because of an earthquake off the southern tip of Taiwan.
The 7.1-magnitude quake damaged underwater ...
DATE: Dec 29, 2006
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CATEGORY:
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AUTHOR:
Jonathan Kent
