Insurance
AIG, China Strategic Holdings extend deadline for unit deal
US insurance giant American International Group (AIG) and a Hong Kong consortium said Monday they had agreed to extend the deadline for a deal...
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...
Evolution joins forces with Risk Management expert Cardinus
Evolution Underwriting Group has launched an initiative to provide its Brokers and Policyholders with exclusive deals on an online range of Products from Cardinus...
Moorhouse signs first Enterprise entrepreneur
Welsh broker Moorhouse is soon to launch its first business under Moorhouse Enterprise, set up to support the next generation of broker start-ups.
Subject to...
Malaysia issues licences to five foreign banks
Malaysia has issued commercial banking licences to five foreign banks, including French giant BNP Paribas, the country's central bank announced Thursday.
The move came as...
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...
Jobless insurance: US claims in surprise rise
New claims for jobless insurance benefits in the United States rose unexpectedly for the second straight week, the government said Thursday amid concerns unemployment...
Doctors trial for overdose deaths and insurance fraud goes to jury
The trial of a doctor and his wife accused of contributing to the fatal overdoses of 68 patients by overprescribing pain medication went to...
Tropical Storm Risk launches breakthrough hurricane tracking product
Tropical Storm Risk (TSR) Business, which provides real-time mapping and prediction of tropical cyclone windfields worldwide and is co-sponsored by Aon Benfield, has launched...
Vietnamese fishermen, supporters protest BP spill disaster
Dozens of Vietnamese-Americans gathered in sweltering heat here Tuesday to protest the impact of the BP oil spill on their community, much of which...
More deregulation would boost Italy: antitrust head
Italy's competition watchdog on Tuesday called for more deregulation of the transport, energy and finance sectors to breathe "oxygen" into the economy struggling in...
EU states must not foot all health bills during trips: court
A European country is not obliged to foot the entire health bill of a national who gets unexpected hospital care during a visit to...
Zurich UK announces new appointments to Executive team
Stephen Lewis, Chief Executive, Zurich’s UK General Insurance (UKGI) division is pleased to announce the following appointments to his Executive team:
• Kay Martin joins...
AXA UK : The deal with Resolution would result in a one-off writedown of 1.4 billion euros ($1.7 billion) in 2010,
Resolution, set up in 2008 to buy and profitably merge slow-growing British life insurers, said on Monday it hoped to complete the 2.75 billion...
Groupama Insurances has been awarded Shaw Trust Web Accessibility accreditation for its website, www.groupama.co.uk
Shaw Trust is one of the UK's most comprehensive website accessibility accreditation services. A national charity, it supports disabled and disadvantaged people to prepare...
AEGIS London appoints Matthew Yeldham to head casualty team
AEGIS London has appointed Matthew Yeldham as its new Head of Casualty.
Mr Yeldham joins on 12 July and, subject to regulatory approval,...
Prudential’s Thiam vows to regain trust after AIA failure
Under-fire Prudential chief executive Tidjane Thiam apologised to shareholders on Monday for the failed takeover of US insurance giant AIG's Asian unit AIA and...
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...
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