49296 results returned for search: "" category ("Other" AND "Business")
TORONTO (Reuters) — The Toronto Stock Exchange’s main index handed back early gains to close slightly lower, torn between sinking material producers and buoyant stocks such as Biovail Corp.The S&P/TSX composite index closed down 6.06 points, or 0.05 ...
DATE: Dec 07, 2006
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Local insurance group The Colonial Group has had its financial strength rating of A- (Excellent) affirmed by ratings agency A.M. Best.
A.M. Best also has affirmed the stand-alone FSRs of A- (Excellent) of the Security & General Insurance Co. Ltd. (S&...
DATE: Dec 07, 2006
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Catlin Bermuda has blazed a trail in the insurance and reinsurance world with the creation of coverage for a nuclear, chemical, biological or radiologic (NCBR) terrorism.
Insurers have been reluctant to provide coverage for NCBR attacks, partly due t...
DATE: Dec 07, 2006
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LONDON (AP) — Treasurer of the Exchequer Gordon Brown said Britain’s economy is growing faster than anticipated, raising his forecast for this year by a half percentage point to 2.75 percent.In an annual address to Parliament, Brown cited strong busi...
DATE: Dec 07, 2006
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TORONTO (Bloomberg) — Canadian stocks extended their record for a fifth straight day, led by dividend-paying financial shares including Bank of Nova Scotia, after the Bank of Canada kept interest rates steady.Energy shares including Talisman Energy I...
DATE: Dec 06, 2006
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Appleby Hunter Bailhache has been recognised as a leader among offshore law firms in recent legal publications.
A statement from Appleby said recent rankings place Appleby as a leading firm in all four offshore jurisdictions in which the group has a ...
DATE: Dec 06, 2006
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ZURICH (Bloomberg) — Zurich Financial Services AG, Switzerland’s largest insurer, will merge its North American support services to save $300 million over the next three years in areas such as procurement, human resources and real estate.The services...
DATE: Dec 06, 2006
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HARRISBURG, Pennsylvania (AP) — Zurich American Insurance Co. will pay $122 million to resolve claims of bid-rigging and price-fixing in the commercial insurance market under a nationwide settlement negotiated by Pennsylvania and ten other states, st...
DATE: Dec 06, 2006
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NEW YORK (AP) — Many companies are starting to sound like moms: They are pushing employees to eat their vegetables and go outside and play. And they are not being gentle about it.Outdoor clothing company L.L. Bean, Inc. shuts down its manufacturing l...
DATE: Dec 06, 2006
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NEW YORK (Bloomberg) — Bonds of US insurance companies were lowered to “market weight” by Lehman Brothers Holdings Inc. after the securities outperformed the firm’s investment-grade credit index since June.
Lehman cut its recommendation for life insu...
DATE: Dec 06, 2006
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