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AP-ES-12-08-06 2000EST
DATE: Dec 12, 2006
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DALLAS (AP) — Sabre Holdings Corp., whose system drives travel-reservations worldwide, has put itself up for sale and could fetch more than its current stock market value of $3.75 billion (euro2.85 billion), according to published reports.Private-equ...
DATE: Dec 12, 2006
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S. Caesar (Sy) Raboy, a former senior executive of Sun Life, has been named to BF&M Ltd.'s board of directors.
Mr. Raboy joined the Sun Life Assurance Company of Canada in 1991. He retired in 1999 as senior vice president and deputy general manager o...
DATE: Dec 12, 2006
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BEIJING (Bloomberg) — China Insurance (Holdings) Co. Ltd., the country’s largest insurer in overseas markets, may sell shares domestically for the first time, its chairman said.“We may, when the conditions are mature, list in the domestic A-share mar...
DATE: Dec 12, 2006
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RenaissanceRe Holdings Ltd. and its operating subsidiaries have had their financial strength and issuer credit ratings boosted by ratings agency A.M. Best.
Beast affirmed the financial strength ratings of A (Excellent) and upgraded the issuer credit ...
DATE: Dec 12, 2006
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KUWAIT (Bloomberg) — Kuwait Projects Co., an investment company with assets of about $18 billion, plans to start a $1 billion buyout fund and an Islamic reinsurer to tap economic growth in the Middle East and North Africa.Kuwait Projects, known as KI...
DATE: Dec 12, 2006
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NEW YORK (Bloomberg) ? Prosecutors investigating bid-rigging in the municipal bond market have brought their case to a federal grand jury in New York, a person with knowledge of the case said.
Ralph Giordano, chief of the New York office of the US Ju...
DATE: Dec 12, 2006
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Three senior managers at Bermuda Commercial Bank have been named to its board of directors.
They replace former chairman John Deuss, former managing director Timothy Ulrich and Tineke Deuss, all of whom resigned in connection with an investigation in...
DATE: Dec 12, 2006
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LONDON (Bloomberg) — A British court yesterday refused to force Bermuda-based insurance magnate John Charman to pay the remainder of a record $48 million ($94 million) divorce settlement to his ex-wife, saying the award may be lowered on appeal.Charm...
DATE: Dec 12, 2006
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LOS ANGELES (AP) - A woman claims in a lawsuit that ''Superman Returns'' producer Jon Peters sexually harassed her and exposed himself to her and her 3-year-old daughter while she worked as his personal assistant.
Peters created a hostile work enviro...
DATE: Dec 12, 2006
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