insurer

Allianz net profit slips 7.4 pct

Newsvine - business  Fri, 08/05/2011 - 04:55

Insurer Allianz SE says net profit slipped 7.4 percent in the second quarter as the company took a loss of euro326 million ($460 million) on its holdings of Greek bonds.


 

Insurer sues Goldman over controversial bond deal

Newsvine - business  Thu, 01/06/2011 - 15:56

ACA Financial Guaranty Corporation, an insurer, is suing Goldman Sachs over an investment that later went bad.


 

AIG Asian unit IPO expected to raise $14.1 billion

Newsvine - business  Sun, 10/17/2010 - 20:50

The Hong Kong listing of American International Group's Asian unit is expected to raise $14.1 billion for AIG's repayment of bailout funds from the U.S. government, the Asian insurer said.


 

Liberty Mutual delays unit's $1.2B IPO

Newsvine - business  Wed, 09/29/2010 - 11:04

The insurer Liberty Mutual says that it is delaying the initial public offering of a subsidiary that could have been the largest U.S.

IPO of the year.


 

WellPoint's 2Q profit rises 4 percent

Newsvine - business  Wed, 07/28/2010 - 04:27

Insurer WellPoint says its second-quarter profit rose 4 percent due to favorable reserve development, even as commercial enrollment continued to tumble in a tough economy.


 

Insurer Aegon to sell Transamerica Reinsurance

Newsvine - business  Tue, 06/22/2010 - 03:03

Aegon NV, the bailed-out Dutch insurer, said Tuesday it is looking to sell the life reinsurance arm of its U.S.-based subsidiary Transamerica and that it will restructure operations in Britain.


 

Report: AIG's Benmosche ready to pack it in after just 3 months ...

Topix - Business News  Wed, 11/11/2009 - 15:21

After just three months as head of battered insurer American International Group , Robert Benmosche has threatened to leave his post as he struggles to deal with heavy government oversight and restrictions on what the bailed-out company wants to pay employees, according to a published report.


 

Fla. insurer reverses on Chinese drywall

Newsvine - business  Fri, 10/23/2009 - 08:28

Florida's public insurance company now says it will continue covering a couple's home after refusing to renew the policy because of tainted Chinese drywall problems.


 

Fla. insurer renews policy despite Chinese drywall

Newsvine - business  Fri, 10/23/2009 - 08:28

Florida's public insurance company reversed course this week and said it will cover a couple's Gulf Coast retirement home, after previously telling the homeowners their policy wouldn't be renewed because of the home's tainted Chinese drywall.


 

Spotlight - ManuLife Financial

Topix - Business News  Wed, 09/30/2009 - 18:00

What's Next for North America's Biggest Insurer? - Interview with ManuLife CEO Donald Guloien