49296 results returned for search: "" category ("Other" AND "Business")
Endurance Specialty Holdings Ltd. saw its profits hold firm despite the continued turbulence in the underwriting and investment markets, according to its chairman and CEO Kenneth LeStrange.
The insurer's net income was up slightly at $78.3 million or...
DATE: May 07, 2009
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NEW YORK (Reuters) - Regulators are ordering some of the largest US banks to get tens of billions of dollars of capital to cushion themselves in the event of a deep economic downturn.
While the capital shortfalls at the 19 largest US banks are much l...
DATE: May 07, 2009
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TORONTO (Reuters) - Toronto's main stock index shot through the 10,000-mark to its highest close in six months yesterday as resource and financial issues led a rally fueled by optimism that the global economy is stabilising.
Aiding the sentiment was ...
DATE: May 07, 2009
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How is satellite navigation on a cell phone going to change your life? Forget about fears of nasty government types tracking your every move. Instead think of the satisfaction you will get defeating cheating taxi drivers. This was the story recounted...
DATE: May 06, 2009
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NEW YORK (Bloomberg) — Seagate Technology, the world's largest maker of hard disk drives, is headquartered in Scotts Valley, California. Yet the documents it files with the Securities and Exchange Commission list its address on South Church Street in...
DATE: May 06, 2009
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Bermuda-based Emergence Corporation (EMCO) has been listed in the Top 100 VAR (Value Added Resellers) by trade publication Accounting Technology.
The company, which is a provider of enterprise business solutions and consulting services and a wholly-o...
DATE: May 06, 2009
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Max Capital Group posted a big increase in profits for the first quarter and handily beat analysts' estimates, as gross premiums written soared.
The Bermuda-based insurer and reinsurer reported net income of $44.5 million, or $0.78 per diluted share,...
DATE: May 06, 2009
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AUTHOR:
Jonathan Kent
The Bermuda International Business Association (BIBA), in conjunction with the American Chamber of Commerce, hosted its first ever Bermuda Financial Services Briefing and Luncheon yesterday at The Fullerton in Singapore.
The event attracted more than...
DATE: May 06, 2009
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AM Best has firmed the A- financial strength rating of Torus Specialty Insurance, the US underwriting unit of Bermuda start-up Torus Insurance Holdings.
Torus Specialty was previously known as Praetorian Specialty Insurance Company, which was acquire...
DATE: May 06, 2009
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The luxury hospitality market is feeling the full impact of the global economic downturn in more ways than one, as companies cut back on lavish trips to top hotels and resorts in offshore destinations.
But it is less to do with the money needed to fi...
DATE: May 06, 2009
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