49296 results returned for search: "" category ("Other" AND "Business")
XL Insurance yesterday announced the appointment of Gary Kaplan to the newly created position of executive vice-president and North America construction leader.
Mr. Kaplan will report to Dennis Kane, the company's Chief Executive of the North America...
DATE: May 20, 2010
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NEW YORK (Bloomberg) — Marston Becker, chief executive officer of Bermuda-based Alterra Capital Holdings Ltd., said reinsurers are pushed to consider mergers and acquisitions by clients and investors, who prefer carriers with larger capital bases.
"T...
DATE: May 20, 2010
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NEW YORK (AP) — Another wave of selling hit stocks yesterday in response to growing fears that Europe has no quick fix for its debt crisis.
The Dow Jones industrial average fell about 67 points after having been down as much as 186. It was the Dow's ...
DATE: May 20, 2010
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BERLIN (Reuters) - Germany declared war on speculators yesterday, wrongfooting European partners who said they were not consulted about an overnight ban on naked short sales of a range of assets that rattled markets.
Chancellor Angela Merkel told Ger...
DATE: May 20, 2010
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LONDON (Bloomberg) — Bermuda-based Frontline Ltd., the world's biggest operator of supertankers, fell in Oslo trading as slumping equity markets and tanker derivatives eroded confidence that charter rates may rise. Frontline slid as much as six perce...
DATE: May 20, 2010
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Information technology company GMD Consulting Ltd. has been invited to present on Bermuda's Electronic Vehicle Registration system (EVR) by the International Bridge, Tunnel and Turnpike Association (IBTTA) in Boston next week.
GMD consultant and pres...
DATE: May 20, 2010
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AUTHOR:
Jonathan Kent
LONDON (Reuters) - Britain is steeling itself for painful spending cuts, but the good times are still rolling for the rich, including the bankers blamed by many for the country's economic woes.
Rescued by taxpayer money, banks are booming again, whil...
DATE: May 20, 2010
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RenaissanceRe's board of directors has authorised an increase in the reinsurer's stock repurchase plan to a total of $500 million.
And the company also announced a quarterly dividend of 25 cents, unchanged from the preceding quarter.
The dividend is ...
DATE: May 20, 2010
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WASHINGTON (AP) — Republicans have succeeded in blocking for the time being a final Senate vote on a massive financial regulation bill.
The two parties are still tussling over how to dispose of unresolved amendments.
The vote 57-42 to cut off debate ...
DATE: May 20, 2010
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Rating agency AM Best Co. has affirmed the financial strength rating of A (excellent) and issuer credit ratings of "a" of Bermuda-based reinsurer Platinum Underwriters Group.
The outlook for all ratings is stable.
Best said the ratings reflect the gr...
DATE: May 20, 2010
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