49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Reuters) - Major housing developments are being given the go-ahead despite flooding risk, meaning they could be "unsaleable, uninsurable and uninhabitable", the insurance industry trade body said yesterday.
The Association of British Insurers...
DATE: Feb 15, 2008
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Corporate Officers & Directors Assurance Ltd. (CODA), a Bermuda-based subsidiary of Ace Bermuda Insurance Ltd. has announced that effective of March 1 all of its policies will be issued at inception.
The company also announced the launch of its new 2...
DATE: Feb 14, 2008
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NEW YORK (Bloomberg) - Sales of insurance for corporate directors and officers have surged as US executives seek protection from liability for losses incurred amid the credit market turmoil, according to Zurich Financial Services AG.
Investors sued 1...
DATE: Feb 14, 2008
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Hardy Ltd.-managed Lloyd's Syndicate 382 has been affirmed the AM Best's Syndicate Rating of A (excellent) and the issuer credit rating (ICR) of "a+".
At the same time, Best has affirmed the ICR of "bbb" of Hardy Underwriting Group plc. (Hardy Group,...
DATE: Feb 14, 2008
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LONDON (AP) - Forget fish and chips - curry is Britain's national dish.
But restaurant owners and immigrants' advocates say government policies restricting the flow of workers from Bangladesh are causing a staffing crisis at Britain's thousands of cu...
DATE: Feb 14, 2008
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Butterfield Bank boosted its share price further by 85 cents (4.9 percent) to close at $18.25 on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The bank also traded 51,004 throughout the day.
As a whole, the Index finished up 135.89 ...
DATE: Feb 14, 2008
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BOSTON (Bloomberg) - DE Shaw & Co., the third-largest shareholder of Orient-Express Hotels Ltd., said it wants the company to clarify the rights of Class B shareholders.
The New York-based hedge-fund manager wants to know "how the company intends to ...
DATE: Feb 14, 2008
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Max Capital Group broke its profits record after posting an impressive net income of more than $300 million for 2007.
The Bermuda-based insurance and reinsurance company saw its net income rise by almost $100 million from $216.9 million or $3.43 per ...
DATE: Feb 14, 2008
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Bermuda-based insurer Lancashire Holdings said yesterday it made net income after tax of $390.9 million in 2007, boosted by the lack of any major US hurricanes, but warned the outlook was tougher for 2008.
The London-listed firm, which specialises in...
DATE: Feb 14, 2008
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Platinum Underwriters Group (Bermuda) and its members have been affirmed the financial strength rating of A (excellent) and the issuer credit ratings of "a" by AM Best.
Best has also affirmed the ICR of "bbb" of Platinum Underwriters Holdings, Ltd. (...
DATE: Feb 14, 2008
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