49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based American Safety Insurance Group's financial strength rating of A will remain unchanged by rating agency AM Best following the company's acquisition of a US insurer.
The acquisition, Victoire Insurance Company (VIC), an admitted insuranc...
DATE: Jul 09, 2009
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NEW YORK (Bloomberg) — American International Group Inc., the insurer bailed out four times by the US, will likely have no value left for private shareholders after repaying the government, Citigroup Inc. said.
"Our valuation includes a 70 percent ch...
DATE: Jul 09, 2009
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LONDON - London's top share index ended down 1.1 percent, hitting its lowest closing level in more than two months, as weakness in banks, oil producers and miners offset minor resistance in some defensives. The FTSE 100 closed at 4,140.23 points, dow...
DATE: Jul 09, 2009
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Dealing with difficult people and keeping your cool will be the focus for a workshop held at the Chamber of Commerce next week.
The four-hour workshop, entitled, 'Dealing with Egos, Ignorance and Difficult People' will teach participants what it take...
DATE: Jul 09, 2009
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NEW YORK (AP) — A prominent Manhattan lawyer trained at Harvard and Yale universities who admitted defrauding hedge funds of more than $400 million should be sentenced to 145 years in prison, prosecutors told a judge yesterday.
Prosecutors cited the ...
DATE: Jul 09, 2009
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Asgill Post has announced that business valuation professional Kumi Bradshaw has been elected by the membership of the Institute of Business Appraisers (IBA) to the position of board member of the Accreditation Committee.
Mr. Bradshaw is a Certified ...
DATE: Jul 09, 2009
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NEW YORK (Reuters) - Six employees of Wall Street retail brokerage Sky Capital ran a $140 million "trans-Atlantic boiler room" to defraud investors in the United States and Britain, authorities charged yesterday.
US prosecutors announced a criminal i...
DATE: Jul 09, 2009
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WASHINGTON (AP) — The global economy is beginning a sluggish recovery from its worst recession since World War II, the International Monetary Fund said yesterday.
The IMF increased its estimate for global economic growth in 2010 to 2.5 percent, from ...
DATE: Jul 09, 2009
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NEW YORK (Reuters) - Oil slid more than four percent yesterday and the yen soared broadly in its biggest jump in months as new signs and related news of tepid economic activity spurred risk aversion and the appeal of government debt.
Strong demand fo...
DATE: Jul 09, 2009
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Bermuda's life insurers will see their registration and annual fees rise by $9,000 after the Bermuda Monetary Authority Amendment Act 2009 was passed by MPs yesterday.
The bill will see long-term insurance companies have their fees increased from $10...
DATE: Jul 09, 2009
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