49296 results returned for search: "" category ("Other" AND "Business")
WASHINGTON (AP) — Wealthy Americans aren't spending so freely anymore. And the rest of us are feeling the squeeze.
The question is whether the rich will cut back so much as to tip the economy back into recession — or if they will spend at least enoug...
DATE: Aug 02, 2010
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) — Bermuda-based Lazard Ltd., the biggest non-bank merger adviser, reported earnings that beat analysts' estimates on rising revenue from handling takeovers.
Second-quarter profit rose to $53 million, or 39 cents a share, from $43...
DATE: Aug 02, 2010
|
CATEGORY:
Other
|
Net income: $156.7 million compared to $272.6 million in 2009
Combined ratio: 93.2 percent compared to 87.5 percent in 2009
Gross premiums written: $1 billion compared to $973.8 million in 2009
DATE: Aug 02, 2010
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) — New York Attorney General Andrew Cuomo subpoenaed Genworth Financial Inc., Unum Group and an insurer acquired by France's Axa SA as the state widens a life-insurance fraud probe, said a person briefed on the demands.
New York L...
DATE: Aug 02, 2010
|
CATEGORY:
Other
|
OTTAWA (Reuters) - Growth in Canada's economy edged up in May after stalling unexpectedly in April, helped by strength in the goods-producing sectors led by oil and gas extraction, while the service sector faltered for a second straight month.
Real g...
DATE: Aug 02, 2010
|
CATEGORY:
Other
|
Bermuda holding company Northern Offshore Ltd. has named Gary Casswell as its president and CEO.
Mr. Casswell was formery vice-president of the eastern hemisphere operations for Houston-based Pride International Inc.
He replaces Jim LaChance, who res...
DATE: Aug 02, 2010
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) — Former Federal Reserve chairman Alan Greenspan said the slowing economic recovery in the US feels like a "quasi-recession" and the economy might contract again if home prices decline.
"We're in a pause in a recovery, a modest r...
DATE: Aug 02, 2010
|
CATEGORY:
Other
|
Continuing the rollout of its continental European operation, Torus, the global specialty insurer, has appointed Esther Fittinghoff as professional lines manager and Kurt Fleischmann as senior casualty underwriter.
Based in Cologne and Zurich, offic...
DATE: Aug 02, 2010
|
CATEGORY:
Other
|
Ace Ltd. has played a key role in helping those impacted by the Gulf of Mexico oil spill to receive compensation.
But now the Switzerland-based company, which has substantial operations in Bermuda, is phasing out of the business of handling claims ti...
DATE: Aug 02, 2010
|
CATEGORY:
Other
|
Everest Re Group Ltd.'s Joseph Taranto has announced his retirement as CEO of the company at the end of this year as the company released its results for the second quarter of 2010.
The re/insurer's profits dropped by more than $100,000 during the se...
DATE: Aug 02, 2010
|
CATEGORY:
Other
|
