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Swiss Re places EUR 75 million of French windstorm risk on behalf of Groupama S.A. through Green Fields
Swiss Re Capital Markets has successfully structured and placed EUR 75 million of notes issued by Green Fields Capital Limited (“Green Fields”) covering French...
AIA / ICBC : strategic alliance to tap bancassurance potential in China
American International Assurance Company, Limited (AIA) announced today in Beijing that it has signed a long term strategic partnership agreement with Industrial and Commercial...
Insurance Industry : moderate down fall
The insurance industry, continuing its downward trend since the recession, has dropped 1,300 jobs in the latest employment report of August numbers from...
EU eyes new rules to supervise financial giants
The European Union's executive arm proposed on Monday to give national supervisors more power to oversee financial conglomerates as part of efforts to prevent...
AIG: Chinese consortiums eye AIA takeover
At least four consortiums made up of private Chinese investors have approached US insurance giant AIG to acquire its Asian unit AIA, a Hong...
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...
New British venture eyes state-rescued bank assets
A new venture is being launched to compete for acquiring retail banking assets bought by the British government at the height of the financial...
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,...
Europe braces for the release of bank stress tests
European governments are taking big steps towards revealing if banks can withstand shocks such as hit the global economy two years ago, and now...
Aon Named Best Global Broker by Euromoney Magazine for Third Straight Year
CHICAGO, June 8 /PRNewswire-FirstCall/ -- Aon Corporation (NYSE: AON), the world's leading risk advisor and human capital consultant, has been named the world's best...
Aon named best global broker by Euromoney magazine
Aon Corporation has been named the world's best global insurance broker for the third straight year by the respondents of Euromoney magazine's annual insurance...
Aon helps lenders maximize the value of foreclosed property through risk management
Banks maximize the value of their assets while securing protection from long-term risks.
Property repossessed by a financial institution after foreclosure may stay vacant...
MMA Insurance names Newcastle team
Broker insurer MMA has opened the doors to its new regional office in Newcastle, and announced the local team appointed to take the...
Greeks protest against pensions reform
Thousands of demonstrators gathered Saturday in Greece to protest against a controversial, debt-dictated pension reform proposal that includes cuts, higher contributions and tougher retirement...
Hungary seeks to calm financial fears
Hungary's government hastened to calm fears Saturday with assurances that the country's public deficit was containable, after earlier statements that it faced similar problems...
Prudential chief faces shareholders after failed takeover
Prudential chief executive Tidjane Thiam will face the British insurance giant's shareholders Monday amid calls for his resignation over a failed takeover of AIG's...
Prudential dismisses speculation about resurrecting AIA deal
British insurer Prudential on Sunday said it would not resurrect its failed bid for US insurer AIG's Asian unit, calling speculation about reviving the...
Chinese banking giant ICBC to open branch in Belgium
Chinese banking giant ICBC (Industrial and Commercial Bank of China) is soon to open a branch in Belgium, the Belgian prime minister's office announced...
Spanish banks strain to borrow abroad
Spanish financial institutions are having increasing problems in borrowing from foreign banks because of concerns about Spanish sovereign debt, the Expansion daily reported on...
US recovery on track despite European debt concerns
Better-than-expected economic indicators are pointing to an on-track US recovery, even as European debt concerns cast a shadow over the world's largest economy.
Strong housing,...
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