Financial News
AIG to accelerate separation of ALICO
American International Group, Inc. (AIG) today announced it will accelerate steps to position American Life Insurance Company (ALICO) as an independent entity and seek...
HSBC to joint held insurance company in China
HSBC Insurance (Asia) Limited (HSBC Insurance) has received final approval from the China Insurance Regulatory Commission (CIRC) to launch a jointly held insurance company...
AIG in talk to sell its consumer finance operations in Colombia
AIG announced that it has agreed to sell 100 percent of its ownership interests in Inversora Pichincha S.A. and Interdinco S.A., which comprise AIG’s...
AIG completes the sale of 21st Century Insurance to Zurich Financial Services Group Unit
American International Group, Inc. (AIG) announced that it has closed the sale of 21st Century Insurance Group, the wholly owned subsidiaries of AIG’s U.S....
Allianz Insurance remains AA-stable by S&P’s
Standard & Poor's has reaffirmed the AA- stable outlook rating of Allianz Insurance.
The Standard & Poor’s report includes the following statement:
‘Allianz U.K. is expected...
Aviva In Talks To Sell Singapore Properties
U.K. insurer Aviva PLC is in talks to sell two office buildings in Singapore for about S$100 million, two people familiar with the situation...
Fortis in partnership talks with the UK’s largest retailer Tesco
Belgium-based Fortis has emerged as leader of the pack of insurers vying for the contract to manage Tesco’s motor and home insurance businesses.
According to...
MBIA rating has been downgraded by Moody’s
US-based bond insurer MBIA this week had its senior debt rating downgraded by Moody’s.
Moody’s Investors Service cut MBIA’s rating two notches from Ba1 to...
Broker THB Group revealed a 20% increase in turnover and 29% growth in its THB UK
The Specialist broker THB Group today revealed a 20% increase in turnover and 29% growth in its THB UK operation as it published its...
Aviva – Incredible transaction of $925 million from sale of Australian life business
Aviva plc ("Aviva") announces that it is to sell Aviva Australia Holdings Ltd, its Australian life and pensions business and wealth management platform (“Aviva...
RSA completes acquisition of Intouch Insurance Group
RSA Insurance Group plc (RSA) announces the completion of the acquisition of the remaining 50% of Intouch Insurance Group BV from Direct Insurance Financial...
Prev
