Abstracts » Business, international

Farmers looks to East in US for expansion

Article Abstract:

Farmers Group Inc. is gearing towards establishing its presence in the eastern US from its dominant position in the West, said Zurich Insurance Chief Executive Officer Rolf Hueppi. The move follows the merger of Zurich Insurance Co. and the financial services units of B.A.T Industries. Farmers, a nonlife insurance company, forms part of British American Financial Services (BAFS), B.A.T's financial wing. Hueppi said Farmers is significant because of its vast distribution network in the US. The consolidation of BAFS with Zurich will form Zurich Financial Services Group.

Comment:

Is gearing towards establishing its presence in the eastern US from its dominant position in the West

Life Insurance, Direct Life Insurance Carriers, Farmers Group Inc., Article

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Bijou beginnings

Article Abstract:

The annual jewelry auctions at St. Moritz, the Swiss ski resort, are selling offerings from Christie's and Sotheby's Inc. ranging in price from $1,500 to over $1.5 million. Jewelry industry trends find demand is high and prices are increasing. Christie's auction house posted jewelry sales of $278 million in 2005 up from $217 million in 2004.

Forecasts, trends, outlooks, Switzerland, Jewelry, Silverware, and Plated Ware, Jewelry & Silverware, Jewelry and Silverware Manufacturing, Industry Overview, Jewelry industry, Saint Moritz, Switzerland, Industry forecasts

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Bidding for jewels in the Alps

Article Abstract:

Sotheby's will have its annual winter sale of "Magnificent Jewels" in Switzerland on Feb 18, 2004, which will be followed by Christi's sale of "Important Jewels", the following day. A detailed description of the products to be displayed, along with their pricing, is mentioned.

Sotheby's Inc., Trade shows

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