49296 results returned for search: "" category ("Other" AND "Business")
ACE Group, which consists of ACE Bermuda Insurance Ltd. and ACE Tempest Reinsurance Ltd, has received an affirmed financial strength rating (FSR) of A+ (superior) and the issuer credit ratings (ICR) of aa- by AM Best Co.
Additionally, AM Best has aff...
DATE: Nov 29, 2007
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Bermuda-based PartnerRe Group and its members have been affirmed the financial strength rating (FSR) of A+ (superior) and the issuer credit ratings of aa- by AM Best, in reflection of its solid business profile, risk-adjusted capitalisation and stron...
DATE: Nov 29, 2007
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Capital G are set to give something back to the community thanks to the launch of its new 'Annual Holiday Giving Back' programme.
The bank's staff, customers and residents alike are being encouraged to 'give back' to the community by donating a dolla...
DATE: Nov 29, 2007
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NEW YORK (Bloomberg) — Merrill Lynch & Co., Citigroup Inc. and other banks that underwrote collateralised debt obligations linked to US mortgages may end up reporting $77 billion of losses on their holdings, half of which they have already recognised...
DATE: Nov 28, 2007
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NEW YORK (AP) — Wall Street rebounded after the Abu Dhabi Investment Authority said it will invest $7.5 billion in Citigroup — a vote of confidence for the nation's largest bank, which has suffered severe losses amid the ongoing crisis in the mortgag...
DATE: Nov 28, 2007
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Bermuda-based Internet security company QuoVadis has formed a major strategic partnership with GS1 in Switzerland, one of world's largest standards and services providers for supply and demand chains.
QuoVadis provides technologies used to identify d...
DATE: Nov 28, 2007
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Bermuda's Max Capital Group has formed a New York-based operation to manage general underwriting, with an initial focus on casualty insurance policies for clients involved in the healthcarer industy.
The new company is called Max Managers USA and it ...
DATE: Nov 28, 2007
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AUTHOR:
Scott Neil
A new financial industry association has been formed in Bermuda. The Bermuda Banker's Association will serve as the main representative body for banks and deposit taking/lending firms on the Island.
Similar to banker's associations in other important...
DATE: Nov 28, 2007
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DETROIT (Reuters) - An escalating mortgage crisis will push another 1.4 million US homes into foreclosure and drive nationwide property values lower by seven percent next year, according to a report released yesterday by a group representing city may...
DATE: Nov 28, 2007
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TORONTO (Reuters) - The Toronto Stock Exchange's main index ended higher, helped by an afternoon rally as strength in financials offset declines in energy issues.
The financial sector, which has been plagued by news of writedowns both in Canada and t...
DATE: Nov 28, 2007
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