Japan's T&D Holdings Issues 120 Billion Yen in New Shares: Japan's T&D Holdings Inc. said it plans a public offering of 120 billion yen (US$1.32 billion) in new shares for the coming year in a bid to strengthen the ... Date: 11/6/2009 Source: BestWire
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Prudential Posts Jump in 3Q Net; CEO Says It Will Weather the Financial Storm: Prudential Financial Inc. has notched its second straight quarterly profit, reporting $1.1 billion in net income for the third quarter of 2009.
The ... Date: 11/5/2009 Source: BestWire
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LIMRA Chief: Estate Tax Uncertainty a Problem; Longevity an Opening for Life Industry: The biggest opportunity for U.S. life insurers following the financial crisis is in demographics, said the chief of LIMRA, LOMA and LL Global.
The ... Date: 11/5/2009 Source: BestWire
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U.K.'s Aviva Reports Lower Sales as Consumer Demand Falls: Pointing to reduced consumer demand, U.K.-based insurance group Aviva plc reported reductions in sales of life and pensions, and long-term savings during the ... Date: 11/5/2009 Source: BestWire
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U.K.'s Legal & General Reports 7% Nine-Month New Business Fall: U.K.-based financial services provider Legal & General has reported a 7% fall in new business for the first nine months of 2009, to 1.05 billion pounds (1.17 ... Date: 11/5/2009 Source: BestWire
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China Life Teams up With Fubon Bank for Distribution in Hong Kong: China Life Insurance (Overseas) Co. Ltd., a subsidiary of China Life Insurance (Group) Co. [52446], has teamed up with Fubon Bank to distribute its life ... Date: 11/5/2009 Source: BestWire
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Life Insurer Phoenix Forms Distribution Company as It Posts Fifth Straight Net Loss: As Phoenix Cos. posted its fifth straight net loss in the third quarter, the U.S. life insurer said it formed a distribution company, which inked a deal with ... Date: 11/4/2009 Source: BestWire
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Hartford Narrows Net Loss as Unrealized Investment Losses Drop More Than 50%: Hartford Financial Services Group Inc.'s new Chairman and Chief Executive Officer Liam E. McGee said the company's third-quarter results -- a net loss of $220 ... Date: 11/4/2009 Source: BestWire
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RGA Upsizes Debt Offering 33%: Life reinsurer Reinsurance Group of America Inc. said it has increased its proposed debt offering by 33% because of investor interest.
The company had ... Date: 11/4/2009 Source: BestWire
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Taiwan Regulator Defends Takeover of Kuo Hua Life: In response to a shareholder's criticism, Taiwan's insurance regulator has clarified the reasons for its takeover of Kuo Hua Life Insurance Co. Ltd. [90634], ... Date: 11/4/2009 Source: BestWire
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RGA to Issue $300 Million in Senior Notes: Life reinsurer Reinsurance Group of America Inc. said it intends to offer about $300 million of senior unsecured notes due 2019 pursuant to a public offering. ... Date: 11/3/2009 Source: BestWire
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ING Sells Three U.S. Broker-Dealer Units: Dutch insurer ING said it would sell ING Advisors Network, including three of its five U.S. independent retail broker-dealer units and a holding company that ... Date: 11/3/2009 Source: BestWire
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Swiss Re Posts 3Q Profit as Capital Base Strengthens: Swiss Re said its third-quarter performance was positive, with net income coming to 334 million Swiss francs (221 million euros), a reversal of the 304 million ... Date: 11/3/2009 Source: BestWire
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Japan's Sompo and Nipponkoa Release Merger Plan, Will Focus on Japan Business: Sompo Japan Insurance Inc. [85258] and Nipponkoa Insurance Co. Ltd. [84413] have jointly released details and the management team for a planned merger in April ... Date: 11/3/2009 Source: BestWire
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Best's Review Magazine Examines How Athletes Are Protecting Themselves With Disability Insurance: Top college athletes have the opportunity to sign huge contracts once they turn professional, but if they sustain a career-ending injury, all the prospective ... Date: 11/2/2009 Source: BestWire
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Alico Japan Identifies 18,184 Cases of Credit Card Data Theft: Alico Japan [84748], a Japanese life insurance subsidiary of American International Group Inc. [18540], said it has identified 18,184
cases of credit ... Date: 11/2/2009 Source: BestWire
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AIG Shelves Plan to Sell Two Life Insurance Units in Japan: American International Group Inc. [18540] said it has dropped its plan to sell its two life insurance units, AIG Star Life Insurance Co. Ltd. [85459] and AIG ... Date: 11/2/2009 Source: BestWire
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Passing Storm:
The downturn in the economy continues to wreak havoc on workplaces around the world.
More than half of the companies surveyed in the Society for Human ... Date: 11/1/2009 Source: Best's Review
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Finding the New Normal:
Francois Gadenne is co-founder, chairman and executive director of the Retirement Income Industry Association, a not-for-profit financial services think tank ... Date: 11/1/2009 Source: Best's Review
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Pre-Game Coverage:
Two Heisman Trophy winners went down with injuries earlier this college football season, evidence of the risks they take with their future professional ... Date: 11/1/2009 Source: Best's Review
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