All Weekly Email Alert articles – Page 21
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Pru ready to bid for AIG Asian assets?
Tucker rumoured to be readying a $5bn-$10bn proposal, and possibly a rights issue.
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Endurance still in profit for 2008
Net income for 2008 falls to $99m from $521m in 2007. GWP up 26%.
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Analysis
Video: reasons behind the hardening market
AM Best interviews David Sandham, Editor of Global Reinsurance, about higher reinsurance rates
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Serious Fraud Office probe into AIG
Enquiry launched into UK operations of AIG Financial Products Corp
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Standard Life to pay £100m compensation
97,000 customers investors in 'Pension Sterling Fund' to be paid, after shock one day 5% fall.
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Brit lands ex-Lehman banker
Sean McGeary takes up newly-created role of Director of Investments and Treasury.
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Modest loss for Everest Re in 2008
Net loss of $19m for 2008, compared to net income of $839m last year.
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McGavick puts brave face on XL loss
"No one is happier to see 2008 behind us" - Mike McGavick, CEO, XL Capital. 10% staff cuts planned for 2009.
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Market slumps as no quick fix in sight
Dow Jones falls 5% after Geithner statement on bank rescue plans
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More than 200 dead in bushfires
Australian police search for clues in the hunt for possible arsonists.
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The Hartford downgraded
Stricken asset portfolio has "above-average" exposure to subprime
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Pacific Life Re in Abbey Life £1.5bn longevity deal
Longevity risk transferred to Pacific Life Re and another reinsurer
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Uncertainty over Swiss Re
Shares fall blamed on worse than expected losses and bigger than expected capital-raising measures.
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Analysis
Valentine's Day in the recession
Low sales on second highest sales point of the year likely to impact retailers approach to insurance.
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China Life puts $300m into asset management unit
A total of 2 billion yuan injected to strengthen its capital base
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AIG 'price cutting' to be investigated
U.S. Government Accountability Office to review claims of "market distortions" in the U.S. property-casualty market.
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Madoff's List revealed
List of thousands of customers of Bernard Madoff has been made public.
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AIG sells its Thai retail bank and card operations
Bank of Ayudhya in US$58.7m purchase of AIG Retail Bank and AIG Card (Thailand).
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Buffett to invest CHF3bn in Swiss Re
Swiss Re shores up capital, expecting net loss for 2008 of CHF 1bn