American International Group (AIG) has registered a net loss of $4bn, or $2.68 per diluted share, for the fourth quarter of 2012 compared to net income of $21.5bn, or $11.31 per diluted share, during the same period last fiscal. After-tax ...
Sometimes, perceptions are as big a problem as actual “rules” are. In my research for this Break-the-Rules series, I’ve found two dichotomies involving front yards.For many people, there aren’t really ...
Tags: Front Yards, Decoration, Construction Design
Banks, property trusts, consumer staples and energy companies pushed the sharemarket to its highest close since September 2008, as investors digested earnings reports while awaiting the overnight release of minutes from the US Federal ...
Tags: Banks, property trusts, consumer staples, energy companies
US personal lines insurer Allstate has registered 44.7% decrease in net income for the fourth quarter of 2012, which stood at $394m, or $0.81 per diluted share, against $712m, or $1.4, during the same period last fiscal. For the quarter ...
Tags: personal lines insurer, Allstate, net income
The popular games platform Steam is now available for Linux laptops, according to a blog by Canonical, distributor of the Ubuntu operating system. While Linux has long been one of the main operating system of choice on the server, ...
A picture is worth a thousand words; the grey line in a graph from MetroStore Scanner, a site that keeps unofficial tabs on new additions to the Windows Store, shows the growth rate over the Windows Store over the past 15 days. It’s a ...
Bermuda-based AXIS Capital has reported net income available to common shareholders of $495m, or $4 per diluted common share for the year 2012, against $9m or $0.07 per share during the same period earlier year. The increase in net income ...
Property and casualty underwriter ACE has registered net income of $765m or $2.22 per share, for the fourth quarter of 2012, up by 4% from $735m or $2.15 during the same quarter last year. Income excluding net realized gains or losses ...
Tags: Property underwriter, casualty underwriter, reinsurance
The export of local ceramic tableware, now hit hard by the eurozone crisis, is likely to experience a boom from May 2013, as the proposed European Commission's (EC) anti-dumping duties on Chinese products will be implemented from that ...
Tags: Light Industry, Daily Use, Ceramic Tableware, Ceramic, Tableware
Aon Benfield has unveiled a new weather reinsurance product, WExcess, intended to mitigate adverse weather losses for UK insurers. Developed in collaboration with reinsurer Swiss Re and weather risk management specialists CelsiusPro, the ...
Tags: reinsurance product, Aon, reinsurance
NetApp on Tuesday announced that the Sauber Formula 1 team would now use the storage and data management firm as its storage foundation. Sauber will be using a FlexPod data centre solution, developed by Cisco and NetApp, and a NetApp ...
The Australian sharemarket had its strongest day in almost two weeks yesterday, outstripping minor gains on Wall Street as strength in healthcare stocks, banks, telecommunications and consumer discretionary companies offset a drop among ...
Tags: Australia, sharemarket, Wall Street
Everest Re Group has established a new Bermuda domiciled special purpose reinsurer, Mt. Logan Re, to provide collateralized capacity to the worldwide property catastrophe reinsurance market. With an initial funding of $50m, the company ...
Tags: reinsurer, reinsurance market, Everest Re, reinsurance marketplace
American International Group(AIG)has inked a$400m reinsurance transaction with Compass Re to provide peak-zone protection against US hurricanes and earthquakes. In order to fund its potential obligations to AIG,Compass Re has also issued ...
Tags: AIG inks, 400m dollars reinsurance coverage, deal with Compass Re
The sharemarket ended the year on a sour note, falling for the first time in four days as the continuing US fiscal policy impasse weighed on market sentiment. However, the sell-off was limited by improved manufacturing data from China and ...
Tags: Local Stocks, Fears, US, Fiscal Impasse