76472 results returned for search: "" category "Business"
ZUG, Switzerland (AP) ? Swiss reinsurer Converium announced third-quarter net profits of US$54.3 million (euro42.75 million) yesterday, compared with a loss of US$6.9 million in the same period last year.
?The results primarily reflect strong current...
DATE: Nov 08, 2006
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Ratings agency Standard & Poor?s yesterday lowered its financial strength rating of Bermuda-based energy industry mutual Oil Casualty Insurance Ltd.?s to BBB+ from A-.
Business Insurance reported yesterday that the downgrade stems partly from S&P?s c...
DATE: Nov 08, 2006
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LONDON ? Omega Underwriting Holdings Plc announced yesterday that it has applied for shares in Bermuda-based Omega Insurance Holdings Ltd. to be listed on London?s Alternative Investment Market.
Omega said it is anticipated that shares in the company...
DATE: Nov 08, 2006
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SAN FRANCISCO (AP) — Microsoft Corp. has upgraded its online mapping service to include three-dimensional tours of 15 US cities, marking another step in its dogged pursuit of Internet search leader Google Inc.With the improvements unveiled on Monday,...
DATE: Nov 08, 2006
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TORONTO (Reuters) — The Toronto Stock Exchange’s benchmark index made its fourth advance in five sessions as energy issues tracked oil prices higher.The key S&P/TSX composite index closed up 67.99 points, or 0.6 percent, at 12,378.20 after a day in w...
DATE: Nov 08, 2006
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Ratings agency Standard & Poor’s yesterday lowered its financial strength rating of Bermuda-based energy industry mutual Oil Casualty Insurance Ltd.’s to BBB+ from A-.
Business Insurance reported yesterday that the downgrade stems partly from S&P’s c...
DATE: Nov 08, 2006
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Bermuda-based CRM Holdings, Ltd., a leading provider of fee-based management and other services for workers' compensation self-insured groups in New York and California, recorded a 35 percent increase in net income for the third quarter.
CRM also sai...
DATE: Nov 08, 2006
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You may think the use of nanotechnology may lie somewhere in the future, but you are probably already putting the science to work when you use sunscreen, or any number of other consumer products on the market.
No, nanotechnology does not have anythin...
DATE: Nov 08, 2006
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AUTHOR:
Ahmed Elamin
MUNICH (Bloomberg) ? Munich Re, the world?s second-largest reinsurer, reported a 45 percent increase in third-quarter profit and raised its full-year earnings forecast as damage claims plunged a year after Hurricane Katrina.
Net income climbed to 715...
DATE: Nov 08, 2006
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LONDON (Bloomberg) — Cable & Wireless Plc, the UK’s second-biggest phone company, will probably say today that fiscal first-half profit fell as costs to restructure the company dragged down results and profit margins shrank.Net income probably fell 7...
DATE: Nov 08, 2006
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