A benign quarter of weather-related catastrophe events as well as strong favorable reserve development provided a surge in first-quarter earnings at Arch Capital Group. Both primary and reinsurance lines reported favorable reserve development, but the reinsurance segment provided the bulk of it, reducing the combined ratio by 16 points to 79%. Favorable reserve development also…
Spark Infrastructure reported a solid first-half 2013, with earnings before interest, tax, depreciation and amortisation, or EBITDA, increasing 11% to AUD 340 million on a proportional basis. Growth was driven by substantial tariff increases to recover increased investment, partly offset by lower volumes. Regulated asset base (RAB) grew 9% in the past year and will…
As convenient and cost-effective as cloud-hosted applications may be, they do present a number of challenges for network administrators due to packet loss, network congestion, unpredictable traffic, and a variety of other issues. Rob Marson said it best in a recent article featured in Enterprise Networking Planet, “Sometimes clouds mean storms.” According to Marson, cloud-hosted…
There are lots of software packages that can make life easier for writers. Whatever you want to be able to do, there is almost certainly some software out there to help you. A Writer has a million writing-focused apps to choose from, adding a lot of flexibility.In this article you can find three of the…
A day after HBO announced their upcoming stand-alone streaming service, CBS Corporation (NYSE:CBS) has announced the launch of CBS All Access – a new digital subscription video on demand and Nielsen-measured live streaming service for the CBS Television Network. CBS Corporation (NYSE:CBS) belongs to Services sector. Its net profit margin is 13.10% and weekly performance…
A coalition of companies and groups like the Bill & Melinda Gates Foundation and Amgen Inc. (NASDAQ:AMGN) with offices in Seattle and Bothell, are working together to produce more of the experimental Ebola drug ZMapp, Bloomberg reported on Friday. Amgen Inc. (NASDAQ:AMGN) belongs to Healthcare sector. Its net profit margin is 25.70% and weekly performance…
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