49296 results returned for search: "" category ("Other" AND "Business")
The International Reinsurance Summit 2008 is set to be hosted at the Fairmont Hamilton Princess hotel in May. The event, which will run from Monday May 19 to Wednesday May 21, will be based on new and emerging risks and their effects on the global re...
DATE: Apr 01, 2008
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Bermuda-based derivative instrument company Armadillo's MarketGuard Insurance is set to launch an innovative new product which insures homeowners against the risk of interest payments on their mortgages going up.
The product, which hits the market in...
DATE: Apr 01, 2008
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Moody's Investors Service said it assigned an 'A2' insurance financial strength (IFS) rating to Allied World Reinsurance, an indirect unit of property and casualty re/insurer Allied World Assurance Company Holdings Ltd. The outlook for the rating is ...
DATE: Apr 01, 2008
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WASHINGTON (Bloomberg) - Treasury Secretary Henry Paulson proposed the broadest overhaul of US financial regulation since the Great Depression, saying American capitalism needs to be better prepared for "inevitable market disruptions."
"Our current r...
DATE: Apr 01, 2008
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NEW YORK (Bloomberg) - Defaults on privately insured US mortgages rose 38 percent in February from the same period a year earlier, the 14th straight month showing a year-over-year increase, an industry report yesterday showed.
Insured borrowers falli...
DATE: Apr 01, 2008
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LONDON (AP) - British insurance group Friends Provident plc. rejected a $6.9 billion takeover bid from JC Flowers, sending its shares higher amid hopes the US private equity business would swiftly improve its offer.
Friends said in a statement that t...
DATE: Apr 01, 2008
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LONDON (AP) - The former chief executive of nationalised mortgage lender Northern Rock will receive a $1.51 million payout, the bank said yesterday.
Northern Rock said Adam Applegarth was entitled to a termination payment equivalent to a year's salar...
DATE: Apr 01, 2008
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The ratings on Scottish Re Group Ltd. and related entities are not affected by the company's notification of late filing of its 2007 10-K, according to Standard & Poor's Ratings Services (S&P). S&P said the securities valuation and the other factors ...
DATE: Apr 01, 2008
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Spending on housing has increased, but residents have significantly cut back on life insurance and pension contributions.
That is according to the Department of Statistics, which yesterday released the 2006 Personal Consumption Patterns report which ...
DATE: Apr 01, 2008
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LONDON (Bloomberg) - UK banks forecast that credit market turmoil will last at least until the end of the year, twice as long as they predicted three months ago, according to a survey by the Confederation of British Industry (CBI).
Lending conditions...
DATE: Apr 01, 2008
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