49296 results returned for search: "" category ("Other" AND "Business")
Validus Holdings Ltd. almost doubled its profits for the third quarter 2007, thanks largely to strong underwriting and improved capital usage.
The insurer/reinsurer saw its net income climb from $69.7 million or $1.19 per diluted common share in the ...
DATE: Nov 06, 2007
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NEW YORK (Bloomberg) — Maurice (Hank) Greenberg, ousted as chief executive officer of American International Group Inc. two years ago, began a campaign to shake up the insurer's management after the stock fell 18 percent this year.
Greenberg, 82, AIG...
DATE: Nov 05, 2007
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The Royal Gazette / Bermuda Stock Exchange Index registered a half-percent rise last week, thanks largely to rises of share values in the insurance sector.
BF&M Ltd. was the second biggest riser on the exchange, climbing 50 cents (2.58 percent) to re...
DATE: Nov 05, 2007
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Bermuda-based Aspen Insurance Holdings Ltd. benefited from improved investment income as it reported a 36.8 percent improvement in net income for the first nine months of the year on Friday.
Aspen had record net income of $353.8 million for the first...
DATE: Nov 05, 2007
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Former Governor of Bermuda Sir John Vereker has been appointed to the boad of directors ofBermuda-based insurer XL Capital Ltd.
Sir John, who retired as Governor in October after holding the post since 2002, had previously been the UK's Permanent Sec...
DATE: Nov 05, 2007
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NEW YORK (Bloomberg) — The dollar fell to a record against the euro and dropped to the weakest since 1981 versus the pound on concern deepening credit-market losses will prompt the Federal Reserve to reduce interest rates a third time this year.
Inve...
DATE: Nov 05, 2007
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HARTFORD (Bloomberg) — Jurors at the fraud trial of four former General Reinsurance Corp. executives can hear a taped conversation in which a witness said American International Group Inc. will "find ways to cook the books," a US judge ruled.
Prosecu...
DATE: Nov 05, 2007
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TORONTO (Reuters) - Despite steep summer declines and nagging fears over the health of the US economy, analysts say smoking-hot commodity prices may keep Canadian stocks charging ahead as the bull market enters its sixth year.
The Toronto Stock Excha...
DATE: Nov 05, 2007
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Bermudian students could be set to take their first step on the career ladder thanks to an innovative recruitment drive by insurance broker Marsh.
The programme, which is expected to be launched in earnest next year, will aim to get Bermudian student...
DATE: Nov 05, 2007
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Housing blues have yet to dissipate.
Third-quarter GDP growth in the United States was strong, as expected. But this is a look at what happened in the past that is already receding in the rear - view mirror. The forward outlook is of greater import, ...
DATE: Nov 05, 2007
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