49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Reuters) - US property-casualty insurers are expected to pay more than $25 billion in claims from homes and businesses damaged by a string of catastrophes in 2008, according to a trade group.
ISO's property claim services unit yesterday sai...
DATE: Jan 21, 2009
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LUXEMBOURG (Bloomberg) - Sony Music Entertainment can claim the rights in Germany to some of Bob Dylan's most famous songs, including "Blowin' in the Wind" and "Mr. Tambourine Man", the European Union's (EU) highest court said.
The European Court of ...
DATE: Jan 21, 2009
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Bermuda-based reinsurer Validus Holdings Ltd. yesterday announced that it has increased its estimate of the net adverse effect from Hurricane Ike by around $70.1 million to a total $235.1 million.
Validus chairman and chief executive officer Ed Noona...
DATE: Jan 21, 2009
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LONDON (Bloomberg) — Britain and Guernsey have agreed to share more banking information as Prime Minister Gordon Brown seeks to crack down on UK residents who avoid taxes.
"This new tax information exchange agreement represents a significant step in ...
DATE: Jan 21, 2009
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LONDON (Bloomberg) — The UK's inflation rate fell the most since at least 1997 in December as tax cuts and the deepening recession eased price pressures across the economy.
Consumer prices rose 3.1 percent from a year earlier, compared with 4.1 perce...
DATE: Jan 21, 2009
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Walker Christopher Ltd.'s Front Street jewellery store is to close for the next five weeks or so for renovations.
Yesterday, work was going on in the empty interior of the premises, at 9 Front Street, opposite the Bank of Bermuda's head office.
A not...
DATE: Jan 21, 2009
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AUTHOR:
Jonathan Kent
US insurance industry data shows business insurance rates continued to fall during the fourth quarter of 2008 - but the soft market may be coming to an end.
Rates for property, general liability, and directors and officers' (D&O) insurance premiums a...
DATE: Jan 21, 2009
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NEW YORK (Reuters) - Oil prices jumped six percent yesterday as traders sought to square their books ahead of the expiry of the February US futures contract.
US February crude, which expired on yesterday, settled up $2.23 at $38.74 a barrel, while Ma...
DATE: Jan 21, 2009
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Bermuda-based Ariel Holdings' operating units have had their ratings affirmed by AM Best.
Ariel Reinsurance Company Ltd.'s financial strength rating remains at A- and its issuer credit rating at "a-". The same writings apply to Ariel's 2007 acquisiti...
DATE: Jan 21, 2009
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Bermuda Container Lines Ltd. (BCL) yesterday announced that its earnings through the first nine months of 2008 fell 13.3 percent to $2.82 million after a substantial fall in investment income.
And a dramatic reduction in imports since mid-October doe...
DATE: Jan 21, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
