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British bank RBS signals new asset sales
Britain's Royal Bank of Scotland said Monday it will consider selling more assets than initially planned to win EU support for the state aid...
European stress test to be run in the insurance sector in december 2009
CEIOPS’ Members endorsed in today’s meeting the proposal to run a EU-wide stress test in the insurance sector in December 2009.
CEIOPS will continue to...
Delta Lloyd’s initial public offering fully covered
Investors have already placed enough orders to back Delta Lloyd's 1.2 billion euro (1.1 billion pound) initial public offering (IPO) with about a week...
Barclays buys insurer Standard Life for £226 million
Barclays bought the bank arm of insurer Standard Life for 226 million pounds on Monday to build up its mortgage and savings business.
The country's...
Lloyd’s of London insurance market warns of waning market surge
The Lloyd's of London insurance market cautioned that a strong investment performance from surging share and bond markets would not be sustained and said...
Aon acquires leading provider of executive liability risk management services
Aon Corporation, the global provider of risk management services, today announced that it has agreed to acquire Carpenter Moore Insurance Services, Inc., a leading...
ING to sell off its insurance operations and to raise €7.5 billion euros to repay government
Dutch banking and insurance group ING said Monday it plans to restructure its business, selling off its insurance operations and raising up to 7.5...
Legal & General in talk to cherry-pick troubled assets from Lloyds Banking Group
The real estate arm of insurer Legal & General is in talks to cherry-pick troubled assets from Lloyds Banking Group in deals that could...
Brit Insurance reports great sales and investment returns
Lloyd's of London insurer Brit reported stronger nine-month sales and investment returns, and said insurance prices in the British market were set to keep...
HSBC says ups stake in Vietnam’s leading insurance group: Bao Viet
Global banking giant HSBC said Thursday it had increased its holding in Bao Viet, Vietnam's leading insurance and financial services group.
"HSBC has signed an...
AXA will sell $1 billion stake in China’s Taikang Life Insurance
French insurer AXA is in the early stages of selling its 15 percent stake in China's Taikang Life Insurance Company, in a deal that...
Prudential to study a possible IPO in Hong Kong or Shanghai
Prudential is studying a possible public offering in Hong Kong or Shanghai, becoming the latest multinational interested in listing in the fast-growing region, media...
Cooper Gay acquires U.S. reinsurance broker Reinsurance.com
Cooper Gay, the independent insurance and reinsurance broker, has announced the acquisition of the majority shareholding in Reinsurance.com.ar LLC, the Florida-based specialist reinsurance broker....
British Exporters Association and Aon Trade Credit launches a cashflow guide for UK exporters
De-stocking throughout 2009 has fuelled UK exporters’ need for immediate cash on winning a contract and the new Guide to Financing Exports from the...
Towergate Financial launches new London Employee Benefits and Private Client Business
Towergate Financial, the financial advisory business of the Towergate Group, today announces the launch of Towergate Financial London. This new business will provide a...
Qatar is selling £1.3 billion Barclays stake
Qatar is selling 379.2 million shares in Barclays (BARC.L), worth over 1.3 billion pounds, the second major Middle East investor set to make a...
Aviva starts trading on the New York Stock Exchange
Aviva, the world's fifth largest insurance group*, starts trading today on the New York Stock Exchange ("NYSE") under the ticker symbol “AV”. Andrew Moss,...
Mutual & Federal board to support Old Mutual offer
Mutual & Federal Insurance Co.'s board will vote in favor of a takeover offer from majority-owner Old Mutual PLC, the South African short-term insurer...
British insurer Aviva outlines Dutch flotation
Insurer Aviva said Monday it would float 42 percent of Delta Lloyd in Amsterdam next month in an initial public offering that values its...
AIG reports $1.4 billion loss net of tax on Nan Shan sale
AIG $2.15 billion sale of its Taiwan life insurance unitwill result in a loss of around $1.4 billion net of taxes that the company...
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