49296 results returned for search: "" category ("Other" AND "Business")
(Bloomberg) ? New York Attorney General Eliot Spitzer said his next move may be to pursue insurance companies implicated in his bid-rigging lawsuit against broker Marsh & McLennan Cos.
"The natural progression here is that we continue to inquire abou...
DATE: Oct 29, 2004
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(Bloomberg) ? Bermuda-based Willis Group Holdings Ltd., the world?s third-largest insurance brokerage, plans to take full ownership of its Chinese venture to expand in the nation once regulations permit, the head of the company?s Asian unit said.
The...
DATE: Oct 29, 2004
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NEW YORK ? The price for settling state charges of collusion and bid rigging by the nation?s largest insurance broker could be ?far higher? than $500 million, New York Attorney General Eliot Spitzer said yesterday.
Spitzer disputed the $500 million s...
DATE: Oct 29, 2004
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ACE president and CEO Evan Greenberg would not be drawn this week on whether or not the company's reserves for future asbestos claims were adequate but said the company was still on track to have in hand the findings of two reviews before the end of ...
DATE: Oct 29, 2004
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DATE: Oct 29, 2004
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Hurricane activity drove third quarter net income for Bermuda-based Arch Capital Group Ltd. to $18 million or 25 cents per share, compared to $82.6 million or $1.22 per share in the same period last year.
In its earnings release yesterday, Arch Capit...
DATE: Oct 29, 2004
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hen you walk into the large, open plan office that houses Bermuda-based IT security services company QuoVadis, the quiet, informal atmosphere is striking. Senior management sits alongside a high-level technical team, a variety of BlackBerrys and othe...
DATE: Oct 29, 2004
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(Bloomberg) ? W.P. Stewart & Co., an asset manager based in Bermuda, said third-quarter earnings rose 14 percent as fees and commissions increased.
Net income climbed to $13.7 million, or 30 cents a share, from $12 million, or 26 cents, a year earlie...
DATE: Oct 29, 2004
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Hurricanes Charley, Frances, Ivan and Jeanne halved Bermuda-based Endurance Speciality Holdings net income for the third quarter to $26.8 million versus $56.5 million in same period in 2003. This breaks down to 40 cents per share in the 2004 quarter ...
DATE: Oct 29, 2004
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(Bloomberg) ? Bermuda-registered Bunge Ltd., the world?s biggest oilseed processor, said third-quarter profit doubled as margins improved for the soybeans it crushes into vegetable oil and animal feed, and fertiliser prices improved. Shares rose to a...
DATE: Oct 29, 2004
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