49296 results returned for search: "" category ("Other" AND "Business")
Aspen Holdings Ltd. yesterday said it had promoted Julian Cusack to be chairman of its Bermuda-based operating subsidiary, Aspen Insurance Ltd.
The promotion of Mr. Cusack, who will continue as chief executive of AIL, comes as Aspen said it planned t...
DATE: Nov 03, 2006
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The financial guaranty market is "lacklustre", Ram Re's chief executive officer said this week, but the reinsurer's profit improved by 54 percent in the third quarter.
Another financial guarantee insurer and reinsurer, Assured Guaranty, reported a sl...
DATE: Nov 03, 2006
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Bermuda’s development as a global leader in reinsurance can be attributed to the efforts of the Bermuda Insurance Institute (BII) in creating a local pool of talent for the industry, says insurance veteran Keith White.
Mr. White, Ace Ltd. executive o...
DATE: Nov 03, 2006
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CHICAGO (Bloomberg) — Bermuda-based Marvell Technology Group Ltd., a maker of chips for Apple Computer Inc.’s iPods, will report third-quarter revenue on November 16, delaying the release of earnings until a probe of stock-option grants is completed....
DATE: Nov 03, 2006
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yesterday upgraded its entire wireless data network to the CDMA2000 1xEV-DO Revision A standard from Qualcomm Incorporated, a member of the CDMA Development Group (CDG).
Using the very latest network equipment from Lucent Technologies, CellularOne Be...
DATE: Nov 03, 2006
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NEW YORK (Bloomberg) — US retailers’ sales rose in October as cooler-than-normal weather spurred demand for clothes and falling gasoline prices freed up discretionary income. Department stores outpaced discounters.Federated Department Stores Inc., J....
DATE: Nov 03, 2006
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The Royal Gazette/Bermuda Stock Exchange Index fell 13.35 points yesterday to close at 3,891.29
On a quiet day on the Exchange, the only issue to change price saw Butterfield Bank gain 25 cents to close at $56.25 as investors traded in 1,310 shares.
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DATE: Nov 03, 2006
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NEW YORK (Bloomberg) — CA Inc.’s former chief executive officer Sanjay Kumar was yesterday sentenced to 12 years in prison for leading a $2.2 billion accounting fraud at the software maker.US District Judge I. Leo Glasser imposed the prison sentence ...
DATE: Nov 03, 2006
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SAN FRANCISCO ? Marsh & McLennan Cos.? main insurance brokerage division said yesterday that it wants to win more advisory business from medium-sized companies in order to generate revenue growth.
After more than a year of job cuts, New York-based Ma...
DATE: Nov 03, 2006
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White Mountains Insurance Group Ltd. swung to a profit in the latest quarter as its OneBeacon unit had another excellent quarter, with a combined ratio of 94 percent.
Its White Mountains Re unit, aided by favourable weather, also had a strong quarter...
DATE: Nov 03, 2006
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