49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Reuters) - Bermuda-based Lloyd's of London insurer Catlin posted a better-than-expected 2009 pretax profit on healthy investment returns and a benign hurricane season, and was upbeat despite a challenging outlook.
The property and casualty in...
DATE: Feb 12, 2010
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Allied World Assurance Company achieved a record annual profit of $606.9 million during 2009, driven primarily by a 17.3 percent rise in gross premiums written.
Allied World reported net income of $161.3 million, or $3.05 per share, for the fourth qu...
DATE: Feb 12, 2010
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PartnerRe Ltd. yesterday announced changes in its operating structure following its expansion through the acquisition of Paris Re.
And the Bermuda-based reinsurer also announced that Paris Re chief executive officer Hans-Peter Gerhardt — along with f...
DATE: Feb 12, 2010
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AUTHOR:
Jonathan Kent
LOS ANGELES (Reuters) - Added to a wave of personal injury lawsuits stemming from Toyota's massive recall, the automaker faces a growing number of consumer class-action cases — more than 40 so far — over the shrinking resale value of its cars.
Consum...
DATE: Feb 12, 2010
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Litigation attorney Katie Tornari was recently called to the Bermuda Bar.
Hailing from the UK, Ms Tornari is a senior associate in the Insurance and Reinsurance Department at Marshall Diel & Myers where she works on a range of complex re/insurance a...
DATE: Feb 12, 2010
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NEW YORK (Bloomberg) — A majority of companies in the Standard & Poor's 500 stock index increased cash to a combined $1.19 trillion while simultaneously reducing spending, keeping a jobs recovery on hold.
Caterpillar Inc., Eaton Corp., Walgreen Co., ...
DATE: Feb 12, 2010
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Net income: $161.3 million compared to $19.9 million in 2008
Combined ratio: 76.2 percent compared to 75.9 percent in 2008
Gross premiums written: $322.1 million compared to $310.9 million in 2008
DATE: Feb 12, 2010
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Armour Reinsurance Group Holdings Ltd. announces the appointment of Katherine Barker as president of its US subsidiary, Armour Risk Management Inc. and group vice-president. Armour Risk is the group's global insurance servicing arm.
Kathy has more th...
DATE: Feb 12, 2010
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TOKYO (AP) — Toyota's top executive has delayed a visit to the US until early March due to heavy snowfall in Washington, a news report said yesterday, amid a call by a lawmaker that he testify before Congress this month about the automaker's safety l...
DATE: Feb 12, 2010
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TORONTO (Reuters) - Toronto's main stock index touched its highest level in a week yesterday as a European Union (EU) rescue plan for debt-laden Greece helped lift market confidence and commodity prices.
Topping the list of big gainers were Potash Co...
DATE: Feb 12, 2010
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