insurance giant
Chinese investors may not proceed with bid for AIA shares
China Life and two other Chinese investors have withdrawn from bidding for stakes in American International Group's Asian unit ahead of its planned initial...
Insurer Prudential says profits soar, despite failed AIA bid
British insurance giant Prudential said on Thursday that profits jumped 41 percent in the first half, and cut the cost of its failed takeover...
Insurer AIG sells consumer credit affiliate
Ailing US insurance giant AIG announced on Wednesday the sale of 80 percent of its stake in consumer credit provider American General Finance to...
FDIC approves Washington Mutual settlement
The Federal Deposit Insurance Corporation (FDIC) has approved a global settlement of the bankruptcy case involving Washington Mutual Inc, one of the largest US...
German banks, insurers may lend Athens 1 billion euros
Deutsche Bank and insurers Allianz and Munich Re could lend Greece one billion euros (1.3 billion dollars) on the same terms as a EU-IMF...
Poland’s PZU draws record number of investors
Over a quarter million individual investors signed up for a pool of seven million shares in Poland's PZU insurance giant, setting a new record,...
New insurance giant Generali chief Geronzi resigns from Mediobanca
The head of the board of Italian investment bank Mediobanca Cesare Geronzi resigned late Monday just two days after taking over the helm of...
Bernheim, 85, bitter on leaving Italy’s Generali
French financier Antoine Bernheim, stepping down from the helm of Generali on Saturday, charged he was forced out of the Italian insurance giant by...
Insurance giant Prudential expects to list in Hong Kong on May
Insurance giant Prudential, which has agreed to buy the Asian arm of troubled US insurer AIG, said Friday its shares were expected to start...
New appointments at Aon Benfield
Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, today announces that it has promoted Paul Kaye to Head of Actuarial and Enterprise...
AIG considers action on Goldman
Insurance giant AIG may pursue Goldman Sachs on losses from six billion dollars of insurance deals similar to those that prompted recent SEC fraud...
US insurance giant AIG has agreed to sell its Asian arm, AIA, to British insurer Prudential for around 35 billion dollars
US insurance giant AIG has agreed to sell its Asian arm, AIA, to British insurer Prudential for around 35 billion dollars (26 billion euros,...
