Insurer
Announcement : Insurer Aviva says to withdraw from Taiwan
British insurer Aviva said on Tuesday that it was withdrawing from Taiwan because it did not expect to meet group financial targets there.
The announcement...
Announcement : Aviva says profits to grow this year as sales rise
U.K. insurer Aviva PLC Tuesday said it is positioned to deliver strong, profitable growth and "outstanding capital generation" for 2010 after it posted a...
Market analysis : Philippine insurance market third smallest in East Asia
The Philippines has been ranked as the third smallest in the East Asian region in terms of insurance premiums, better only than floor dwellers...
AIG / Asia : AIA says IPO raised 20.5 billion US dollars
The Asian unit of troubled US insurer AIG has raised 20.5 billion US dollars in a Hong Kong share sale that was the world's...
AIG to repay 36.7 billion dollars of US bailout
Ailing insurer AIG is poised to repay 36.7 billion dollars in government bailout aid after floating its Asian unit AIA and selling another subsidiary,...
Appointment : Deborah Hall is Groupama’s new research and insight manager
Groupama Insurances has appointed Deborah Hall as its new Research and Insight Manager, heading up its Portsmouth based research function. Deborah will be responsible...
Announcement : Aviva joins forces with Towergate-owned Power Place
Power Place, the Towergate-owned online insurance marketplace, today announced that Aviva is joining its panel of insurers. Aviva will be launching its property owners'...
Transaction : AIG raises $37 billion from Alico sale, IPO
In its ongoing efforts to repay taxpayers, bailed-out insurance giant American International Group in recent days has raised nearly $37 billion through the sale...
Research : does Competition benefit health insurance subscribers?
Uwe E. Reinhardt is an economics professor at Princeton. He has some financial interests in the health care field.
How does competition work in the...
AIA shares soar 12 percent on trading debut
Shares in the Asian unit of troubled US insurer AIG soared 12 percent on their trading debut in Hong Kong on Friday, opening at...
Acquisition : ICBC to take 60 percent stake in Axa Chinese unit
French insurer Axa SA said Thursday that the world's biggest bank, ICBC of China, will take a 60 percent stake in its Chinese insurance...
Investment : Zurich to Invest $420 Million in New China Life
Zurich Financial Services AG will spend as much as $420 million to participate in the capital raising of unlisted New China Life Insurance Co.,...
AIA set for Hong Kong debut after huge share offer
The Asian unit of troubled US insurer AIG is set to make its trading debut in Hong Kong on Friday after a monster share...
Acquisition : Ace to Buy New York Life Units for About $425 Million
Ace Ltd., the Swiss insurer operating in more than 50 countries, agreed to buy New York Life Insurance Co.’s Hong Kong and South Korean...
Reform : California opens insurance plan for residents with pre-existing conditions
California’s Pre-Existing Condition Insurance Plan (PCIP) has opened for enrollment and coverage is available immediately. The PCIP is one of the first major provisions...
Home insurance : industry on knife-edge as provider numbers swell by 75%
A report by independent financial research company Defaqto, published today, has concluded that the home insurance industry is in good shape but faces a...
Rewards : Underwriting Service Awards 2010 – full shortlist
The final shortlist for the inaugural Underwriting Service Awards 2010 have now been released - with the eventual winners due to be revealed at...
Cooperative Group to sell its life insurance business
Britain's mutually-owned Cooperative Group is considering a sale of its life insurance business as part of a reorganisation of its financial services division, newspapers...
Exeter Family Friendly : record sales
Exeter Family Friendly, the mutual protection and healthcare insurer has announced a record month of new income protection policy sales in September. The sales...
Hiscox : new Charities Insurance Portfolio
Specialist business insurer Hiscox has launched its new Charities Insurance Portfolio product for charities, clubs and associations. The bundled liability and property package will...
