49296 results returned for search: "" category ("Other" AND "Business")
Amlin Bermuda Ltd., a reinsurance operation owned by Lloyd's insurer Amlin, has lured underwriter Richard Neame from XL Re. Mr. Neame will work as class underwriter, specialty lines, focusing on proportional and special risks, and will report to unde...
DATE: Jan 14, 2009
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NEW YORK (Bloomberg) — American International Group Inc., the insurer bailed out by the US, agreed to sell a Canadian unit to Bank of Montreal for about C$375 million ($305 million), as AIG accelerates sales to repay a $60 billion government loan.
Th...
DATE: Jan 14, 2009
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TORONTO (Reuters) - Toronto's main stock index closed sharply higher yesterday as investors raced back into equities after a string of sell-offs had left the TSX at its lowest level in two weeks.
The heavyweight materials sector, which had spearheade...
DATE: Jan 14, 2009
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Bermuda-based insurer Ironshore announced yesterday that it has recruited former Allied World Assurance Company executive John Murphy to be its worldwide head of property.
Mr. Murphy has more than 35 years of property underwriting experience in the i...
DATE: Jan 14, 2009
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The Lighthouse Restaurant in Southampton is set to be converted from a tea room into a fine dining experience after it was taken over by the owner of Primavera and Rustico restaurants.
Odilio Angeli bought the restaurant from Heidi Cowen, who has run...
DATE: Jan 14, 2009
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NEW YORK (Bloomberg) — Bermuda-based global business consultancy giant Accenture Ltd. and International Business Machines Corp. are in a stronger position to win new contracts after the fraud at Satyam Computer Services Ltd. tarnished the credibility...
DATE: Jan 14, 2009
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Former White Mountains Re chief executive officer Tom Hutton has joined XL Capital Ltd.'s board of director.
Bermuda-based insurer XL yesterday announced the appointment of Mr. Hutton, who also served as the CEO of modelling specialists Risk Manageme...
DATE: Jan 14, 2009
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NEW YORK (Bloomberg) — Bermuda-based pharmaceutical company Warner Chilcott Ltd. settled lawsuits it brought to stop Watson Pharmaceuticals Inc. from making generic versions of the Loestrin birth-control pill and the Femcon FE chewable birth-control ...
DATE: Jan 14, 2009
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A relatively high level of volatility has been prevalent in the financial markets ever since the credit crisis broke last year. It has waxed and waned, of course, as events have unfolded, but remains elevated. And, unfortunately, the outlook is that ...
DATE: Jan 13, 2009
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TORONTO (Reuters) - Toronto's main stock index fell more than three percent yesterday as tumbling commodity prices rattled the resource-heavy index and knocked it to its lowest closing level in two weeks.
The market tumbled more than 100 points at th...
DATE: Jan 13, 2009
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