49296 results returned for search: "" category ("Other" AND "Business")
Investment gains and acquisitions saw the Bermuda-domiciled White Mountains Insurance Group Ltd. more than double its earnings in the fourth quarter of 2004 despite heavy catastrophe-related payments.
Yesterday, the financial services holding company...
DATE: Feb 03, 2005
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Just 40 percent of the general public think the economy is moving in the right direction according to the latest Research Innovations poll commissioned by The Royal Gazette.
Just ahead of February 18 when Finance Minister Paula Cox is scheduled to re...
DATE: Feb 03, 2005
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January has been a bad month for US stock markets, and last week?s pickup was way too small to reverse the earlier downswing. So the returns, year to date, are still stuck in negative territory. Notably, many European indices have done better than US...
DATE: Feb 03, 2005
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Bermuda insurance giant ACE Limited has reported earnings last year of $1.1 billion ? a 20 percent drop on its record profit of $1.4 billion in 2003.
For the fourth quarter, the company said net income fell 37 percent to $282 million after taking an ...
DATE: Feb 03, 2005
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Nine years of patience have paid off for ACE Limited?s largest unit ? Philadelphia-based ACE INA ? with the announcement that the company is being given a licence to write life insurance in Vietnam.
ACE INA set up a ?representative office? in Vietnam...
DATE: Feb 03, 2005
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(Bloomberg) ? Aon Corp., the world?s second-biggest insurance broker, has been hired to find coverage for developer Larry Silverstein?s construction of a new skyscraper on the site of New York?s World Trade Center.
Aon will arrange construction, liab...
DATE: Feb 03, 2005
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Bank of Bermuda's former local fund-administration business in Guernsey grew 35 percent in the last year under ownership of the global financial services giant HSBC.
Managing director Robin Fuller told the Guernsey press this week that the company, n...
DATE: Feb 02, 2005
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Barry Whitton has left Marsh after nine years to join Beecher Carlson as senior vice-president in the company's newly formed global property practice.
Mr. Whitton, an 18 year veteran of the insurance industry, is to be based in the company's Atlanta ...
DATE: Feb 02, 2005
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ACE Ltd. reported lower fourth-quarter earnings as the insurance holding company booked a charge of $302 million, or $1.06 a share, to strengthen its asbestos, environmental and other reserves.
The Bermuda-based company reported earnings of $282 mill...
DATE: Feb 02, 2005
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DETROIT (AP) ? Federal authorities say a 20-year-old former Kmart employee used a rubber stamp, laptop computer, an old payroll cheque as well as accounts in Bermuda and Switzerland to hatch a stock-acquisition scheme that could have cost the Michiga...
DATE: Feb 02, 2005
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