49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) - Axis Capital Holdings Ltd., the Bermuda-based property and casualty insurer, said Frank Tasco will step down as a director.
Mr. Tasco's retirement is effective May 6, the date of the company's annual meeting, the firm said toda...
DATE: Mar 08, 2010
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NEW YORK (Bloomberg) - American International Group Inc.'s (AIG) board of directors approved the sale of a non-US insurance division to MetLife Inc., according to two people with knowledge of the matter.
An agreement to sell AIG's American Life Insur...
DATE: Mar 08, 2010
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NEW YORK (Bloomberg) - Teekay Corp., the world's largest oil-tanker owner, fell the most in almost a month after reporting a fourth-quarter adjusted loss as shipping rates tumbled.
Teekay reported an adjusted loss of $33.3 million, or 45 cents a shar...
DATE: Mar 08, 2010
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NEW YORK (AP) - Toyota Motor Corp. plans today to try to undercut suggestions that its electronics systems caused the sudden acceleration problems that led to the recall of more than eight million vehicles.
The automaker plans an event in which it wi...
DATE: Mar 08, 2010
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BC-MARVELLTECHNOLOGY/ (UPDATE 3)
UPDATE 3-Marvell Q4 revenue rises; shares fall
+ Q4 EPS ex-items 40 cts vs Street view 37 cts
+ Q4 rev $842.5 mln vs Street view $842 mln
+ Shares down 6 pct, have more than doubled in past year
(Adds forecasts, updat...
DATE: Mar 08, 2010
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LONDON (Bloomberg) - Hardy Underwriting Bermuda Ltd. said full-year profit dropped 11 percent to £17.4 million ($26.2 million), from £19.5 million a year earlier.
DATE: Mar 08, 2010
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The 8.8 magnitude earthquake that struck Chile on February 27 - one of the five strongest quakes recorded in the past century - could be one of the costliest ever if the insured losses come in at the high end of early estimations.
Catastrophe modelle...
DATE: Mar 08, 2010
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PricewaterhouseCoopers (PwC) partner Peter Mitchell has died suddenly at the age of 55.
It is understood that Mr. Mitchell was found in an unresponsive state by a family member at his home in Devonshire on Friday morning and was later pronounced dead...
DATE: Mar 08, 2010
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AUTHOR:
Jonathan Kent
BERLIN (Bloomberg) - White House adviser Paul Volcker said it is too soon for US policy makers to withdraw the stimulus measures and interest-rate cuts used to fight the worst slump since the Great Depression.
"This is not the time to take aggressive...
DATE: Mar 08, 2010
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KeyTech Ltd. and Butterfield Bank were the biggest movers on The Bermuda Stock Exchange (BSX) yesterday.
KeyTech dropped 15.59 percent ($1.45) to $7.85, with 3,500 shares traded, while Butterfield Bank's common shares slipped 13.79 percent (40 cents)...
DATE: Mar 08, 2010
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