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AIA wants to split from US parent : report
American International Assurance (AIA), the Asian unit of US insurance giant AIG, is trawling for investors so it can split from its ...
Obama’s victory : Wall Street reform to stop ‘shadowy deals’
Two years after an economic crisis laid bare the shaky foundations of the US financial system, questions remain as to whether the latest measures...
Weather Warning – July 15, 2010: Heavy rain expected in Northern Ireland
The Met Office has issued on Thursday a weather warning in Northern Ireland from 14.00 to 21.00. Heavy rain is expected in locals areas...
Weather Warning – July 13, 2010: Heavy rain expected in Wales
The Met office has issued on Tuesday a weather warning in Wales. Heavy rain is expected today from 13.30 to 20.00 in local areas...
Aon to buy Hewitt for $4.9 billion, creating HR giant
Aon Corp, the world's largest insurance brokerage, said Monday it will buy Hewitt Associates Inc for $4.9 billion in cash and stock to create...
Weather Warning – July 12, 2010: Heavy rain expected in East of England
The Met Office has issued a weather warning for East of England, in Norfolk and Suffolk. Heavy rain is expected today until 4...
Europe imposes caps on banker bonuses, insurance companies could be concerned
The European Parliament sounded the death knell for unrestricted bonuses for some bankers and traders in Europe on Wednesday when it approved limits due...
BP oil spill costs soar above 3 billion dollars
BP's costs over the Gulf of Mexico oil spill soared Monday above three billion dollars, while a giant Taiwanese ship provided hope of revolutionizing...
Insurance brokers under threat from huge increase in cost of regulation
The recent invoices received by members from the FSA for the 2010-11 fees and levies have highlighted the inequality of the current funding of...
Home insurance : Buyers are open to switching provider
With Accenture revealing that UK insurers are losing a staggering 20% of their customers each year (£3.3 billion lost in motor and home insurance...
US jobless claims surge more than expected
New claims for US unemployment benefits jumped more than expected last week, official data showed Thursday on the eve of the key June jobs...
British bank Lloyds says it is cutting 650 jobs
Britain's state-controlled Lloyds Banking Group said Wednesday it was cutting another 650 jobs as the company continues to streamline its operations.
"Significant progress has been...
Resolution buys AXA businesses in UK for 2.75 bln pounds
British investment group Resolution said Thursday it has agreed to buy French insurer AXA's British life insurance and savings units for 2.75 billion pounds...
The increase to insurance premium tax : Comment on Emergency Budget
Experts from moneysupermarket.com comment on the following measures set out in today's Emergency Budget:
1. bank levy and student debt book
2. the increase to insurance...
10 cities and towns that will each receive a $10,000 grant from Liberty Mutual to support their Independence Day celebrations
Liberty Mutual Group is pleased to announce the winners of its BRING BACK THE 4TH™ contest, which - from May 13 to June 14,...
Europe should tax banks whatever G20 decides: commissioner
Europe should tax its banks in order to build up an emergency bail-out fund whatever other major economies decide at this weekend's G20 summit,...
Research and Markets : A Comprehensive Overview of the Insurance Market of Romania
Research and Markets has announced the addition of the "Romania Insurance Market Intelligence" report to their offering.
The insurance industry of Romania has been growing...
Bailed out insurer American Insurance Group and China Strategic Holdings have agreed to extend the deadline for completing AIG’s planned $2.2 billion sale of its Taiwan unit
While the extension could help AIG and its buyers address concerns from Taiwanese regulators, the longer the transaction is stretched out the less likely...
72% of financial advisors say the recent financial crisis has made their Boomer clients more risk-averse
Nearly three-fourths (72%) of financial advisors surveyed by MetLife in its new Lessons Learned Advisor Poll say the recent financial crisis has made their...
Weather Warning – June 18, 2010 : Heavy rain in Wales, West Midlands and South West England (Update)
The Met Office has issued a weather warning for Wales, West Midlands and South West England. Heavy rain is expected today from 1500 to...
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