49296 results returned for search: "" category ("Other" AND "Business")
Allied World Assurance Company (US) Inc. has joined forces with CV Starr & Co. in a move which will see the latter offer management liability lines of insurance coverage on behalf of Bermuda-based Allied World to commercial middle market risks.
Inclu...
DATE: Feb 14, 2008
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Argo Group suffered a drop off in profits for the fourth quarter 2007, despite being up for the year as a whole.
The insurance and reinsurance company, which is based in Bermuda, saw its net income decline from $31.4 million in the fourth quarter 200...
DATE: Feb 14, 2008
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LONDON (AP) - A few months ago, the British economy was sailing full steam ahead.
Foreign funds flowed in, investment bankers pocketed record bonuses and ordinary Britons used soaring property prices to fund luxury spending. London was being touted a...
DATE: Feb 14, 2008
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NEW YORK (Bloomberg) - Aecom Technology Corp., the engineering services company working on New York City's Second Avenue subway project, agreed to acquire a Tyco International Ltd. unit for $510 million to boost revenue from global water-treatment pr...
DATE: Feb 14, 2008
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TBILISI, Georgia (Bloomberg) - UK police are treating as "suspicious" the death of Badri Patarkatsishvili, a Georgian businessman accused of plotting a coup against pro-Western President Mikheil Saakashvili.
Mr. Patarkatsishvili, a business partner o...
DATE: Feb 14, 2008
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The sub-prime mortgage crisis still has a long way to run, but it will not be a "major event" for Ace Ltd, said the Bermuda insurer's chief executive officer Evan Greenberg.
Speaking at a Merrill Lynch investor conference in New York on Tuesday, Mr. ...
DATE: Feb 14, 2008
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AUTHOR:
Jonathan Kent
NEW YORK (Bloomberg) - Ambac Financial Group Inc., the first bond insurer to lose its AAA credit rating amid the mortgage market collapse, rejected an offer by billionaire Warren Buffett to hand over control of the company's municipal-bond business.
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DATE: Feb 14, 2008
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SAO PAOLO (Bloomberg) - Infinity Bio-Energy Ltd., the owner of sugar and ethanol mills in Brazil, said it bought control of two more plants in the country from Disa Overseas LLC in a transaction valued at $75 million.
The two mills in the southeaster...
DATE: Feb 14, 2008
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TORONTO (Reuters) - The Toronto Stock Exchange's main index climbed sharply yesterday, boosted by gains in Agrium Inc. and Research In Motion, and unexpectedly positive US retail data.
Agricultural products supplier Agrium rose C$2.87, or 4.6 percent...
DATE: Feb 14, 2008
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NEW YORK (AP) - Wall Street moved sharply higher yesterday after the Commerce Department reported an unexpected increase in retail sales last month and eased some concerns about consumers' willingness to spend despite economic uncertainty. The Dow Jo...
DATE: Feb 14, 2008
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