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By Reuters |
December 8, 2011
Governments and companies are broadly agreed that Europe's new Solvency II capital rules for insurers should take effect in January 2014, a year later than originally planned, British Financial Secretary to the Treasury Mark Hoban said on Thursday.
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By Arthur D. Postal, PropertyCasualty360.com |
June 2, 2010
Prudential Plc withdrew its offer to purchase American International Group's International Assurance Group (AIA) Asian life insurance subsidiary.
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By Arthur D. Postal, PropertyCasualty360.com |
June 2, 2010
American International Group's sale of American International Assurance (AIA) Group, one of it two pan-Asian life insurance subsidiaries, to Prudential Plc of the United Kingdom appears to be in jeopardy.
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By Arthur D. Postal, PropertyCasualty360.com |
June 1, 2010
American International Group's sale of American International Assurance (AIA) Group, one of it two pan-Asian life insurance subsidiaries, to Prudential Plc of the United Kingdom appears to be in jeopardy.
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By Arthur D. Postal, PropertyCasualty360.com |
May 27, 2010
Analysts raised red flags about the future of American International Group at a congressional hearing.
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By Arthur D. Postal, PropertyCasualty360.com |
May 26, 2010
Analysts raised red flags about the future of AIG at a congressional hearing, despite President Robert Benmosche's assurances that AIG is on a "clear path" to repaying the government.
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By Daniel Hays |
April 27, 2010
European insurers will be ramping up merger and acquisition activity driven by regulatory action, a search for growth and group restructuring to meet EU competition rules, a rating firm predicted.
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By Caroline McDonald, PropertyCasualty360.com |
March 30, 2010
Major European insurers in most cases have recovered from significant 2008 losses, but 2009 earnings figures were still below the highs reported in 2007 and 2006, Moody's Investors Service, said.
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By Daniel Hays |
March 10, 2010
American International Group Inc. in its latest asset sale activity said the shares of reinsurer Transatlantic Holdings it is disposing of have been priced at $53.35 per share.
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By Staff Writer |
March 9, 2010
American International Group Inc. said it had an agreement to sell American Life Insurance Company to MetLife Inc. for approximately $15.5 billion.
