Tag Archive

Fed Shoulders AIG Loan Losses to Ease Sale of Unit to MetLife

By BusinessWeek

… asset” by MetLife, which is also indemnified from losses on one of the UK businesses it will acquire in the purchase of American Life Insurance Co. …

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Fitch Amends Various Jackson National Life Insurance Co. Subsidiary Ratings

By The Editor

NEW YORK, Mar 09, 2010 (BUSINESS WIRE) — The following Fitch Ratings press releases incorrectly stated that several Jackson National Life Insurance Co. …

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China Life Insurance says 2009 profit to triple

By MarketWatch

HONG KONG (MarketWatch) — China Life Insurance Co. (NYSE:LFC) (SEHK:HK:2628) shares were up 4% at midday in Hong Kong after the company said its net profit …

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California Man Accused Of Trying To Extort NY Life Insurance

By Wall Street Journal

On the Web site, Digati allegedly demanded $198303.88–four times the amount of paid premiums on his insurance policies, prosecutors said. …

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Man Accused of Trying to Extort Insurance Co.

By Courthouse News Service

(CN) - A man was arrested Friday for allegedly trying to extort $200000 from a New York life insurance company by threatening to send out millions of spam …

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AIG: $51 billion down, $51 billion to go

By CNNMoney.com

On Monday, the insurer announced that it would sell foreign life insurance business Alico to MetLife (MET, Fortune 500) for $15.5 billion. …

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Prudential to buy AIG insurance unit

By Canada.com

By MYLES NELIGAN, ReutersMarch 2, 2010 Britain’s Prudential will buy American International Group’s Asian life insurance arm for $35.5 billion in the …

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Sector movers: Prudential plans boost insurance sector

By ShareCast

LONDON (SHARECAST) - The life insurance sector is higher after investors gave a warm reception to Prudential’s acceleration of its plans for a listing on …

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MetLife to Acquire American Life Insurance Company from American International

By The Editor

The acquisition of ALICO, one of the world’s largest and most diversified international life insurance companies, accelerates MetLife’s global growth …

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Dai-ichi Life Sets Tentative Price Range for IPO

By Wall Street Journal

By KAZUHIRO SHIMAMURA TOKYO–Dai-ichi Mutual Life Insurance Co. set a tentative price range for book-building ahead of its initial public offering April 1, …

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