MetLife has acquired Citigroup's Travelers Life & Annuity and substantially all of Citigroup's international insurance businesses for $11.5 billion, subject to closing adjustments.
Across all sectors of financial services, data standards are in progress, but will insurance see a checkered flag at the finish line?ByFifteen years ago, while ...
HCC Insurance Holdings Inc. announced it has raised $150 million with a stock sale to fund acquisitions and bulk up its reserves.The Houston-based company ...
Kohlberg Kravis Roberts, which once owned Willis brokerage, said it is relinquishing its last holdings in the firm. Willis Group Holdings Limited said that ...
Citigroup Failure Undermines Synergy Claims Merger that drove GLB passage exposed inherent flaws in bank-insurer combosWhen Sanford Weill and John Reed shook hands in the ...
NEWS6 Aon Settles Probe For $190M; CEO Apologizes For Conflicts7 WHat did aon Agree To Do?8 ncoil proposes Broker Disclosure Rule10 House TRIA Bill Would ...
Genworth Financial said its parent company, General Electric, would sell 80 million shares of its interest in the Richmond, Va.-based insurer, as it continues ...
A federal judge on Wednesday approved agreements raising the total settlement amount from the Worldcom fiasco to $6.1 billion, part of which will have ...
Willis Group Holdings Limited has announced a $600 million public offering from its subsidiary, Willis North America Inc., consisting of $250 million senior notes ...