| //19-02-2010 |
Swiss Re announced today the closing of a US individual life retrocession transaction with Berkshire Hathaway. The transaction builds on Swiss Re’s tradition of portfolio steering and reinsurance risk transformation and will improve its capital efficiency.
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| //19-02-2010 |
Swiss Re reported net income of CHF 506 million for the full year 2009. Earnings per share were CHF 1.49. The estimated excess capital at AA level increased to more than CHF 9 billion. During 2009, Swiss Re’s core business continued to demonstrate strong earnings power, while the company significantly de-risked and strengthened its balance sheet.
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| //19-02-2010 |
Aetna (NYSE: AET) announced that members who enroll in its 2010 Medicare plans will have access to enhanced services called medication therapy management (MTM) aimed at helping them safely and effectively take medications prescribed by their physician. MTM, which will be delivered by Mirixa Corporation, brings together pharmacists, patients, physicians and other health care professionals to help patients with their medications.
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| //19-02-2010 |
American International Group, Inc. (AIG) announced today that Timothy Schiltz has been appointed Senior Vice President of SunAmerica Financial Group and, effective April 1, 2010, will be named Chairman of AIG Star Life Insurance Co., Ltd. (AIG Star) and AIG Edison Life Insurance Company (AIG Edison).
SunAmerica Financial Group, a leader in life insurance, annuities and guaranteed income solutions, is currently comprised of AIG's domestic life and retirement services businesses. AIG Star and AIG Edison are leading life insurance, annuity, and accident and health providers in Japan. Mr. Schiltz will be responsible for the shareholder representation and oversight of AIG Star and AIG Edison by AIG. Mr. Schiltz will report to Jay S. Wintrob, President and Chief Executive Officer of SunAmerica Financial Group.
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| //11-02-2010 |
Scottish Life, the pensions specialist arm of the Royal London Group, has won the highly respected "Ultimate Default Fund" award at the annual Corporate Adviser Awards. The Corporate Adviser Awards, which were held in London yesterday evening (10 February), recognize excellence in a number of corporate pensions categories for both advisers and providers.
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| //10-02-2010 |
Scottish Life, the pensions specialist arm of the Royal London Group, has highlighted a significant increase in the use of its core investment proposition, the Governed Range.
The Governed Range has been a great success with advisers and clients since the launch of the enhanced Range in January 2009. 55% of all new individual Scottish Life policies taken out during 2009 invested in the Governed Range compared with 28% in 2008.
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| //05-02-2010 |
It’s not that she doesn’t have insurance, or that she doesn’t have enough insurance, or that she hasn’t filled out forms and then more forms. No, it’s just a mystery why Robin Kellow and her three sons are still living in a trailer next to their Hobart Street home that was badly damaged in the July 31 microburst.
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| //05-02-2010 |
American International Group, Inc. (AIG) and International Lease Finance Corporation (ILFC) announced today that Steven F. Udvar-Hazy will retire as director and chief executive officer of ILFC, effective February 5, 2010.
"On behalf of AIG, I would like to thank Steve for his tireless service to ILFC," said Robert H. Benmosche, AIG President and Chief Executive Officer. "We are grateful for the work he has done to continue ILFC's leadership in the industry."
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| //05-02-2010 |
Further information
Presentation slides and financial statements will be published here at approx. 7 am (Zurich time) on 18 February 2010.
Alternatively, the meeting can be followed via a live web cast. The web cast link will be posted on this page on the day of the meeting.
The meeting will also be recorded and the media files can be downloaded from this page after the meeting has taken place.
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| //05-02-2010 |
Scottish Life, the pensions specialist arm of the Royal London Group, has announced the winner of its 2010 Age Change Campaign prize draw.
In September 2009, Scottish Life produced an "instant expert" support pack, including case studies, a planning tool and client-facing material, to help IFAs plan their own campaign to their clients, and to maximise the business opportunities generated by the impending change to the minimum retirement age.
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| //04-02-2010 |
Having automobile insurance can put your mind at ease while whipping in and out of lanes on San Antonio's highways, trying to get from Loop 1604 to I-10 in five o'clock traffic.
It's the law to carry insurance and it is supposed to protect you and others out on the road, but when a Floresville woman felt State Farm was doing everything but protecting her, she called Barry Davis and Eyewitness Wants To Know.
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| //04-02-2010 |
merican International Group, Inc. (AIG) today announced it has named six executives to corporate officer positions.
"One of the keys to AIG's success over its 90-year history--and even more so, to its reemergence as a strong, independent company--is our ability to attract and keep strong talent," commented AIG President and Chief Executive Officer Robert H. Benmosche. "I am delighted to have the opportunity to work with some of the most seasoned and committed people in financial services today. These appointments will add another dimension of experience and energy to AIG's talented group of leaders, who continue to do an incredible job facing enormous challenges."
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| //01-02-2010 |
Governor Schwarzenegger recently appointed Mark Reynolds, Aetna’s (NYSE: AET) local market president for Northern California, to the California Health Policy and Data Advisory Commission. The Commission advises the Office of Statewide Health Planning and Development on health policy and health information issues, and advises the Office and Agency regarding policies and procedures guiding the collection and public disclosure of health care information.
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| //01-02-2010 |
Momentum, a wholly-owned subsidiary of the FirstRand group, released its 2009 Sustainability Report on Friday 6 November 2009, cementing an approach to business which views sustainability issues as inseparable from business as usual.
“Companies release financial results periodically to measure the profitability of their businesses. Tracking non-financial indicators is however becoming more important,” says Nicolaas Kruger, Chief Executive Officer of the Momentum Group.
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| //30-01-2010 |
HARTFORD, Conn. , January 28, 2010 — Aetna (NYSE: ΑET) announced today that Sandip Patel has been named to the new position of head of International business. In this role, Patel will develop and execute growth strategies to further expand the company’s international business, building on the success of Aetna Global Benefits with both expatriate and health administration services businesses worldwide.
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| //29-01-2010 |
Swiss Re announced today the closing of a US individual life retrocession transaction with Berkshire Hathaway. The transaction builds on Swiss Re’s tradition of portfolio steering and reinsurance risk transformation and will improve its capital efficiency.
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| //29-01-2010 |
Jim Smith, Group Distribution Director at Royal London, has been appointed as a non-executive director of Origo Services Limited.
Commenting on the appointment, Paul Pettitt, Managing Director of Origo, said:
"I'm delighted that Jim Smith has agreed to join the Origo Board. He has considerable experience of the distribution side of the industry, including having worked as an adviser.
"We will particularly benefit from Jim's strategic perspectives on changes in the distribution landscape and on the effective use of technology by providers and financial advisers."
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| //28-01-2010 |
HARTFORD, Conn., January 28, 2010 — Aetna Behavioral Health members will now have access to a new resource aimed at helping people who are recovering from alcohol or drug addiction to stay sober. Aetna (NYSE: AET) today announced that it has signed a contract with OneRecoveryTM, a social networking platform connecting people and health care professionals. Aetna Behavioral Health is the first managed behavioral health care company to partner with OneRecovery and use its online and mobile tools with members.
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| //27-01-2010 |
NEW YORK CITY, January 27, 2010 — ActiveHealth Management (ActiveHealth®), a subsidiary of Aetna (NYSE: AET), today announced the publication of a paper in Health Affairs. The paper, originally published online on January 21, 2010, demonstrates that properly structured value-based insurance design (VBID) programs can be effective at increasing adherence to drug regimens for specific chronic medical conditions without increasing overall costs. The analysis also suggests that, by targeting outreach to members who need it most, additional cost savings can be achieved, not only in averting serious health events but through fewer disability days, less absenteeism and greater worker productivity.
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| //25-01-2010 |
Aetna (NYSE: AET) announced a new team-based fitness and nutrition program for employers nationwide that uses online social networking to encourage people of all health and fitness levels to work together with their colleagues to achieve their optimal health. Powered by Shape Up The Nation, Aetna Health Connections Get Active!SM is modeled after Aetna’s own Get Active Aetna employee program. The program has been exceptionally successful among Aetna's own employees, with 57 percent of employees participating in the program in 2009.
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