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Old Mutual’s UK subsidiary, Skandia UK Holdings has completed the sale of the Bankhall Group
Old Mutual plc announces that its UK subsidiary Skandia UK Holdings Limited has completed the sale of the Bankhall Group (consisting of Bankhall Investment...
ING announces sale of US reinsurance unit
Dutch banking and insurance group ING said on Friday it had sold its US reinsurance business to Reinsurance Group of America for an undisclosed...
Lloyds could have to pay £1 billion to avoid debts insurance
Lloyds Banking Group could have to pay more than £1 billion to avoid taxpayer-backed insurance for its toxic debts, it has been reported.
The bank...
Insurance solutions specialist RDT sees revenues increase by over 50%
Figures released by RDT illustrate that it has been a thriving year for the company despite current gloomy economic operating conditions, with interest levels...
Lloyds Banking Group considering £15 billion rights issue
Part-nationalised British lender Lloyds Banking Group is sounding out investors about a 15 billion pound ($23.81 billion) rights issue to help it avoid a...
Aviva to list on the New York Stock Exchange on 20 October 2009
Aviva the world's fifth largest insurance group, announces today that it intends to list on the New York Stock Exchange ("NYSE") and plans to...
Direct Group completes debt refinancing
Direct Group has completed a major debt refinancing to provide further funding for the group’s market consolidation strategy.
The facilities, arranged by Lloyds TSB Corporate...
Hong Kong’s Primus Financial wins AIG Taiwan unit for $2.2 billion
Hong Kong's Primus Financial has won the bidding for AIG's Taiwan insurance unit Nan Shan Life at $2.2 billion, a local newspaper...
Guy Carpenter to acquire London based reinsurance broker Rattner Mackenzie
Guy Carpenter & Company, LLC, the risk and reinsurance specialist, announced today that it has entered an agreement to buy all of the issued...
Coventry to buy Preferred Health Systems to gain in Midwest
Insurer Coventry Health Care Inc said on Monday it will buy Preferred Health Systems to strengthen its presence in the Midwestern United...
Aviva sees Delta Lloyd IPO in November
Aviva, Britain's second-biggest insurer, said on Monday it expects to complete the planned stock market flotation of its Dutch unit, Delta Lloyd, in November.
Aviva,...
Aviva aims to raise €1.6 billion
Aviva, Britain's second-biggest insurer, aims to raise about 1 billion euros to 1.6 billion euros, in the listing of its Dutch unit Delta Lloyd,...
RSA abandons one billion dollar rights issue plan
After unsuccessfully searching the markets for takeover targets, RSA has abandoned plans to raise one billion dollars in a rights issue.
In its effort to...
Assured Guaranty may rise after purchase
Assured Guaranty Ltd's acquisition of a rival this summer may help shares of the U.S. bond insurer double or even triple, Barron's said on...
RCM, Allianz’s equity fund management to raise $100 million to boost sector assets
RCM, Allianz's equity fund management unit, is launching two new hedge fund products aimed at increasing its assets under management in the sector by...
Munich Re to resume its share buy-back programme and repurchase €1bn of shares
Munich Re intends to resume its suspended share buy-back programme and repurchase shares with a volume of up to €1bn by the 2010 Annual...
Aviva completes the sale of Aviva Australia Holdings Ltd for £452 million
Further to its announcement dated 21 June 2009, Aviva has today completed the sale of Aviva Australia Holdings Ltd, its Australian life and pensions...
Aviva shareholder funds to reattribute £470m for customers
Aviva has confirmed that it has completed the reattribution of the inherited estate in its CGNU and CULAC with profits funds. The total value...
Paternoster shareholders to inject £5 million of new capital into the Group
Paternoster, the regulated insurance company which takes responsibility for the risks associated with companies’ defined benefit pension schemes, announces today that:
Paternoster shareholders will inject...
Willis North America Inc. Announces Cash Tender Offer for its 5.125% Senior Notes due 2010
Willis North America Inc. , a subsidiary of global insurance broker Willis Group Holdings Limited, announced today that it has commenced a tender offer...
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