49296 results returned for search: "" category ("Other" AND "Business")
HONG KONG (Bloomberg) — HSBC Holdings Plc, the world’s third- largest bank by market value, will step up expansion in emerging markets such as India after mounting mortgage defaults at its US unit crimped profit, the company’s incoming Asia chief sai...
DATE: Jun 22, 2007
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TORONTO (Bloomberg) — Zoom Airlines, a closely held UK- Canadian carrier, began flying between New York and London yesterday, challenging British Airways Plc and American Airlines for market share on the route with a one-way fare of $199 before taxes...
DATE: Jun 22, 2007
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Showing faith in Bermuda and Hamilton as a place where people want to shop for the latest fashions, the owners of the Calypso store on Front Street are preparing to open two new niche shops in the city this September.
On-Island shopping has taken a k...
DATE: Jun 22, 2007
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AUTHOR:
Scott Neil
Risk Management Solutions, the world's largest provider of products and services for catastrophe risk management, has launched a new software platform that will enable insurance industry professionals to gain a more comprehensive view of their portfo...
DATE: Jun 22, 2007
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LONDON - Britain's top share index closed flat, under-performing other European markets, as interest-rate worries dampened sentiment and retailers including Morrison and Tesco fell.
The FTSE 100 index closed down 0.9 points at 6,649.3, with bid specu...
DATE: Jun 21, 2007
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Terrorists carrying out a "dirty bomb" nuclear, chemical or biological attack on Manhattan could create a catastrophic loss event of such a magnitude — one estimate is $700 billion — that global insurance or reinsurance industry would never be able t...
DATE: Jun 21, 2007
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AUTHOR:
Scott Neil
Angelo M. Guagliano, most recently executive vice president and chief underwriting officer of Max Capital's Bermuda operating company, Max Bermuda Limited, has been promoted to president and chief executive officer of Max Bermuda.
A former XL Insuran...
DATE: Jun 21, 2007
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Bermuda is on the right track with its greater regulation of the insurance and reinsurance industry in Bermuda and has, as a result, seen the Island's reputation improve measurably.
However, it should be careful to strike a balance between robust reg...
DATE: Jun 21, 2007
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AUTHOR:
Scott Neil
TORNOTO (Bloomberg) — Canadian stocks fell for a second day, led by Suncor Energy, as a drop in wholesale sales reinforced concern that a stronger currency may be crimping exporters' profits. Goldcorp fell as bullion prices slid.Canadian wholesale sa...
DATE: Jun 21, 2007
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Rating agency AM Best has commented that the issuer credit rating of "bbb-" and all debt ratings of Bermuda's Montpelier Re Holdings Ltd are unchanged following the announcement that it has formed Lloyd's Syndicate 5151 and will subsequently enter in...
DATE: Jun 21, 2007
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