49296 results returned for search: "" category ("Other" AND "Business")
BC-US--Prudential-AIG Unit,0276
Reports: Prudential PLC may buy AIG unit
NEW YORK (AP) -- Prudential PLC, Britain's largest life insurer, is exploring a bid for the Asian life-insurance arm of American International Group Inc., according to media rep...
DATE: Mar 01, 2010
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LONDON (Bloomberg) — Bermuda-based Lancashire Holdings Ltd., the best performer in the FTSE 350 Non-life Insurance Index in the past six months, said 2009 profit almost quadrupled as net insurance losses fell.
Net income climbed to $385.4 million fro...
DATE: Mar 01, 2010
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The time is ripe for investors to get into the bond market and take advantage of the opportunities available to them, according to a leading Canadian bond expert.
Peter Kotsopoulos, executive vice-president and managing director of McLean Budden, and...
DATE: Mar 01, 2010
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HSBC Investment Solutions (HIS) has announced the delisting of the last of the its funds listed on the Bermuda Stock Exchange (BSX).
HIS global equity fund will invoke the compulsory redemption provisions and close following the redemption of shares ...
DATE: Mar 01, 2010
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Higher employment costs for companies resulting from the payroll tax increase announced in Friday's Budget are likely to result in higher prices for consumers, according to one prominent local boss.
Charles Gosling, managing director of beverage comp...
DATE: Mar 01, 2010
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AUTHOR:
Jonathan Kent
White House: AIG had extraordinary amount of aid
WASHINGTON (reuters) - American International Group Inc has already received an extraordinary amount of government assistance, the White House said Friday, when asked whether the government was in the ...
DATE: Mar 01, 2010
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OSLO (Bloomberg) — Bermuda-based Seadrill Ltd., the offshore drilling company founded by billionaire John Fredriksen, surged the most in six months in Oslo trading on Friday after raising its dividend.
Seadrill jumped 11.4 kroner, or 9.2 percent, to ...
DATE: Mar 01, 2010
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NEW YORK (Bloomberg) — Billionaire Warren Buffett said the US residential real estate slump will end by about 2011, predicting that's how long it will take demand for homes to catch up with the supply.
"Within a year or so, residential housing proble...
DATE: Mar 01, 2010
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NEW YORK (Bloomberg) — Warren Buffett, who cut back sales of protection to insurers because prices were too low, is betting on a rate increase by investing in the only two firms to write more reinsurance than his Berkshire Hathaway Inc.
Buffett has m...
DATE: Mar 01, 2010
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One local business will now have to pay out the equivalent of the annual salary of one of its employees more in payroll tax, its boss revealed in the wake of Budget statement delivered by Finance Minister Paula Cox in the House of Assembly on Friday....
DATE: Mar 01, 2010
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