| //09-10-2008 |
Three weeks after an $85 billion bailout, AIG is turning to the New York Fed for additional funding.
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| //08-10-2008 |
WASHINGTON (AP) — Days after it got a federal bailout, American International Group Inc. spent $440,000 on a posh California retreat for its executives, complete with spa treatments, banquets and golf outings, according to lawmakers investigating the company's meltdown.
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| //08-10-2008 |
NEW YORK, Oct 8 (Reuters) - Credit spreads for insurance companies rallied on Wednesday in the wake of a series of rate cuts led by the U.S. Federal Reserve and global central banks.
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| //08-10-2008 |
China Life Insurance Company Limited - SWOT Analysis company profile is the essential source for top-level company data and information. The report examines the company s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy. .
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| //07-10-2008 |
WASHINGTON (AP) — Executives at the American International Group Inc. hid from its auditors the full range of risky practices at its financial products division even as losses mounted, according to documents obtained by a congressional panel examining Tuesday the chain of events that forced the government to bail out the conglomerate.
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| //07-10-2008 |
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| //06-10-2008 |
Aetna appplauds landmark legislation passed as part of the economic package
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| //06-10-2008 |
NEW YORK, Oct 3, 2008-- American International Group, Inc. (AIG) today indicated its intent to refocus the company on its core property and casualty insurance businesses, generate sufficient liquidity to repay the outstanding balance of its loan from the Federal Reserve Bank of New York and address its capital structure. AIG had drawn $61 billion on the Fed credit facility as of September 30, 2008.
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| //06-10-2008 |
In Germany, Swiss Life is launching its first ever variable annuity product – Swiss Life Champion. Variable annuities ideally combine traditional insurance and modern investment products, offering customers greater flexibility and opportunities for higher returns in comparison with traditional life insurance products.
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| //03-10-2008 |
The cost to protect against default by Hartford Financial Services Group Inc., Prudential Financial Inc. and MetLife Inc. soared to records and shares fell on speculation turmoil in financial markets may be spreading to insurers.
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| //03-10-2008 |
Odyssey Re Holdings Corp. (NYSE: ORH) announced today that the combined after-tax effect of Hurricanes Ike and Gustav on its third quarter results is expected to range from $60 million to $90 million dollars. This estimate is net of reinstatement premiums and applicable reinsurance recoveries.
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| //03-10-2008 |
Insurance experts said owners of property, life and annuity policies had little to fear from recent declines in publicly traded insurance companies' shares because their ability to pay claims shouldn't be affected. But, they said, borrowing troubles could show up in higher premiums.
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| //03-10-2008 |
After senator's 'bankruptcy' comment sent shares spiralling downward, Canadian companies may be poised for takeovers
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| //02-10-2008 |
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| //02-10-2008 |
CIGNA University, CIGNA's (Philadelphia) educational arm, introduced an interactive online program that combines narratives, music and a game, with the intention of making it easier and more fun to access and absorb healthcare information. CIGNA University intends for the site to educate and engage people to make more confident healthcare decisions for themselves and their families.
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| //02-10-2008 |
Swiss Life's Board of Directors has appointed Klaus G. Leyh, formerly Chief Market Officer of Swiss Life in Germany, as new CEO Germany and member of the Swiss Life Group’s Corporate Executive Board. Klaus G. Leyh will assume his new position on 1 October 2008 as the successor of Manfred Behrens, who became Co-CEO of AWD at the beginning of September.
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| //01-10-2008 |
First day of every month all rating results are brought to naught. Starting a monthly rating from zero allows to identify a monthly winner and thus more objectively display the voters' oppinion.
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| //01-10-2008 |
On September 23, 2008, American International Group, Inc. ("AIG") announced that it had signed a definitive agreement with the Federal Reserve Bank of New York for a two-year, $85 billion revolving credit facility. Under the agreement, AIG will issue a new series of Convertible Participating Serial Preferred Stock to a trust that will hold the Preferred Stock for the benefit of the United States Treasury.
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| //30-09-2008 |
Don't want full life insurance? Funeral Cover may be just what you're after.
As the name suggests, it covers the immediate costs associated with a death - the funeral. At a time of great distress, your loved ones can find some comfort in the knowledge that at least one big bill has been taken care of.
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| //30-09-2008 |
It’s a big world out there, with great opportunities. But if you’re an expatriate, or planning to be one, you should consider that relying on inadequate local medical facilities may cost you your health, whilst paying for private medical treatment may cost you your livelihood.
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