76472 results returned for search: "" category "Business"
RenaissanceRe Holdings Ltd. and its operating subsidiaries have had their financial strength and issuer credit ratings boosted by ratings agency A.M. Best.
Beast affirmed the financial strength ratings of A (Excellent) and upgraded the issuer credit ...
DATE: Dec 12, 2006
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KUWAIT (Bloomberg) — Kuwait Projects Co., an investment company with assets of about $18 billion, plans to start a $1 billion buyout fund and an Islamic reinsurer to tap economic growth in the Middle East and North Africa.Kuwait Projects, known as KI...
DATE: Dec 12, 2006
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NEW YORK (Bloomberg) ? Prosecutors investigating bid-rigging in the municipal bond market have brought their case to a federal grand jury in New York, a person with knowledge of the case said.
Ralph Giordano, chief of the New York office of the US Ju...
DATE: Dec 12, 2006
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Three senior managers at Bermuda Commercial Bank have been named to its board of directors.
They replace former chairman John Deuss, former managing director Timothy Ulrich and Tineke Deuss, all of whom resigned in connection with an investigation in...
DATE: Dec 12, 2006
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LONDON (Bloomberg) — A British court yesterday refused to force Bermuda-based insurance magnate John Charman to pay the remainder of a record $48 million ($94 million) divorce settlement to his ex-wife, saying the award may be lowered on appeal.Charm...
DATE: Dec 12, 2006
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LOS ANGELES (AP) - A woman claims in a lawsuit that ''Superman Returns'' producer Jon Peters sexually harassed her and exposed himself to her and her 3-year-old daughter while she worked as his personal assistant.
Peters created a hostile work enviro...
DATE: Dec 12, 2006
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NEW YORK (Bloomberg) American International Group Inc., the world’s largest insurer, agreed to buy DP World’s six US port terminals after the Dubai-owned company was forced to sell under pressure from US lawmakers.AIG’s asset management and private ...
DATE: Dec 12, 2006
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The Royal Gazette./Bermuda Stock Exchange index closed unchanged yesterday as bidders and sellers disagreed widely on the valuations of local stocks.
The Index held at 4,837.22 on volume of 5,321 shares worth $299,463.50.
Butterfield Bank dominated t...
DATE: Dec 12, 2006
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BOSTON (Bloomberg) — Tyco International Ltd. named more than 30 managers for its health-care and electronics divisions yesterday in preparation for spinning off the units next year.The staff will report to Rich Meelia, 57, who has run the health-care...
DATE: Dec 12, 2006
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MUMBAI (Bloomberg) — Swiss Reinsurance Co., the world's largest reinsurer, agreed to buy a 26 percent stake in an Indian health-care company, seeking to tap a health insurance industry it forecasts will grow 15-fold by 2015.Zurich-based Swiss Re will...
DATE: Dec 12, 2006
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