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AXA Life has taken the decision to close the Sun Life Assurance Society plc (SLAS) With Profits Fund to new customers and has written...

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AEGON aims to raise up to EUR 1 billion through an equity issue via an accelerated bookbuild beginning today. AEGON intends to use the...

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Lehman Brothers Holdings Inc is suing American International Group for $9 million in payments the bank says it is owed from credit default swap...

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Warren Buffett’s Berkshire Hathaway Inc. is willing to sell more insurance for natural disasters after pulling back on catastrophe coverage earlier this year when...

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A third of small and medium-sized (SME) retailers and almost a fifth of large retailers have experienced a reduction in bank lending in the...

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Building on the success of its existing Protected Profits Funds range, Zurich has launched a new Global Protected Profits fund aimed at cautious and...

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As part of its diversified risk management, Hannover Re has renewed its Eurus catastrophe bond issued in July 2006. The bond with a volume...

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China Reinsurance (Group) Co.,Asia's largest reinsurer, is planning an investment strategy in the near term ahead of its planned initial public offering. China Reinsurance had...

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According to Financial Services Authority, life insurers could survive a recession that assumed a 15 percent drop in property prices in 2009.

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2009 is a time of economic uncertainty and with little faith in stocks and shares, investors are turning away from paper investments and choosing...