Insurance News MEtag:typepad.com,2003:weblog-13397322008-11-28T11:35:49+03:00Insurance News from the Middle East & WorldTypePadBrazil's Unibanco Acquires AIG Local Assets For $820 Milliontag:typepad.com,2003:post-591841602008-11-28T11:35:49+03:002008-11-28T11:35:49+03:00insnewsSAO PAULO -(Dow Jones)- Brazilian bank Banco Unibanco (UBB) acquired certain local assets of American International Group Inc. (AIG) for $820 million, the bank said in a statement Wednesday night....<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/Jryr1SOdajk" height="1" width="1"/>AIG to rebrand US auto insurance unit to 21st Century Insurance, and cut jobstag:typepad.com,2003:post-591841162008-11-28T11:32:56+03:002008-11-28T11:32:56+03:00insnewsAmerican International Group, which has been bailed out by the US government, plans to remove AIG from the name of its US auto insurance unit, aigdirect.com, and rebrand it as...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/Gf20j8ZgLEk" height="1" width="1"/>China's Life Insurance to Face Challengestag:typepad.com,2003:post-591839302008-11-28T11:17:36+03:002008-11-28T11:17:36+03:00insnewsChina's life insurance sector is to face strong challenges in 2009, said Wan Feng, president of China's biggest life insurer China Life Insurance Company Limited (601628.SH, 2628.HK), based in Beijing,...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/JZGN55Bm0kE" height="1" width="1"/>Generali Pilipinas premiums up tag:typepad.com,2003:post-587742982008-11-20T15:47:30+03:002008-11-20T15:47:30+03:00insnewsGenerali Pilipinas has posted an 18-percent increase in its combined third quarter premiums, or from P1.8 million last year to P2.1 billion. The insurer offers three business lines – individual...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/IM1JYP8w3eU" height="1" width="1"/>AIG, foreign insurers lose market share in Shanghaitag:typepad.com,2003:post-587708682008-11-20T13:08:35+03:002008-11-20T13:08:35+03:00insnewsSHANGHAI, Nov 19 (Reuters) - Foreign life insurers' market share in Shanghai, China's commercial hub and a key market, declined for a third month in a row in October as...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/7QLqurBn2Ic" height="1" width="1"/>New York's Cuomo Queries AIG on Bonuses and Raises tag:typepad.com,2003:post-587700142008-11-20T12:17:04+03:002008-11-20T12:17:04+03:00insnewsNov. 18 (Bloomberg) -- New York Attorney General Andrew Cuomo demanded to know if American International Group Inc. will give bonuses or pay raises, a day after Goldman Sachs Group...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/5bTOjaatfe0" height="1" width="1"/>Groupama Invests in Its Development in Turkey by Acquiring the Turkish Insurer Güven tag:typepad.com,2003:post-587699682008-11-20T12:13:49+03:002008-11-20T12:13:49+03:00insnewsGroupama has just closed the deal that gives it 99% ownership of the Turkish insurance companies Güven Sigorta and Güven Hayat from the Central Union of Agricultural Credit Cooperatives for...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/kk84DhOP3MA" height="1" width="1"/>Genworth buying bank, applying for gov't funds tag:typepad.com,2003:post-587699322008-11-20T12:11:59+03:002008-11-20T12:11:59+03:00insnewsNEW YORK (Associated Press) - After reaching a deal to acquire Interbank fsb, insurer Genworth Financial Inc. said it is applying to become a savings and loan, in a move...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/wKE6zx59IA8" height="1" width="1"/>Executive News - Sigortam.net names Refik Berkol as new CEOtag:typepad.com,2003:post-587195782008-11-19T15:41:06+03:002008-11-19T15:41:06+03:00insnewsTurkey's leading online insurance aggregator names Refik Berkol as its new CEO. Sigortam.net is the first online insurance e-commerce portal in Turkey selling auto, home, health, travel and life products...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/3-BuRUhTt_I" height="1" width="1"/>AEGON May Buy U.S. Thrifttag:typepad.com,2003:post-587184262008-11-19T14:49:18+03:002008-11-19T14:49:18+03:00insnewsAEGON, the owner of Transamerica Corp., has confirmed that it is currently examining the possibility of acquiring a thrift in the United States. This would potentially allow the company to...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/m9Vp1ZsI6OQ" height="1" width="1"/>Manulife names chief investment officer as CEOtag:typepad.com,2003:post-554542262008-09-11T10:29:57+03:002008-09-11T10:29:57+03:00insnewsManulife Financial Corp. has chosen its chief investment officer Donald Guloien to succeed Dominic D'Alessandro as president and chief executive officer when he steps down next May.<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/RMHR-Ji1nzw" height="1" width="1"/>Insure.com Launches Updated Car Crash Safety Ratings Tooltag:typepad.com,2003:post-554539882008-09-11T10:16:15+03:002008-09-11T10:16:15+03:00insnewsInsure.com, Inc., headquartered in Darien, Ill., rolled out an upgraded version of its Car Crash Ratings Tool, a free, online information tool that displays car safety data from both the...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/Uke3Hj7mSk0" height="1" width="1"/>ACE Appoints Andreas Wania Regional Manager, Central & Eastern Europetag:typepad.com,2003:post-532259102008-07-25T11:26:14+03:002008-07-25T11:26:14+03:00insnewsACE European Group (ACE) (NYSE: ACE) announced today the appointment of Andreas Wania as Regional Manager for Central and Eastern Europe. Andreas's role encompasses a region extending from Russia and...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/JozYg2NuF9c" height="1" width="1"/>Bahrain: Islamic insurance firm launchedtag:typepad.com,2003:post-526642102008-07-14T11:40:35+03:002008-07-14T11:40:35+03:00insnewsLatest ratings reflect bank's financial strength, strong capital and sound asset qualityBahrain and Qatar yesterday launched a new joint venture Islamic insurance company with a paid up capital of $70...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/cV0OyctGLno" height="1" width="1"/>ING get approval for Ukrainian life insurancetag:typepad.com,2003:post-525036882008-07-11T18:53:00+03:002008-07-11T18:53:00+03:00insnewsDutch bank ING has been given the regulatory green light to begin life insurance activities in the Ukraine. The Ukraine is populated by around 46m people, and its middle class...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/7g_ZhrEj_ME" height="1" width="1"/>ING sees fastest growth on voluntary pensionstag:typepad.com,2003:post-525036062008-07-10T18:52:11+03:002008-07-10T18:52:11+03:00insnewsVoluntary pensions fund ING Optim, managed by ING Asigurari de Viata (ING Life Insurance) saw the fastest rise in terms of assets and in terms of number of participants in...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/vyVSkQtQWXk" height="1" width="1"/>Ahead of the Bell: Willis Group downgraded tag:typepad.com,2003:post-525034502008-07-10T18:49:43+03:002008-07-10T18:49:43+03:00insnewsAn analyst downgraded Willis Group Holdings Ltd. late Monday, citing the British insurance broker's planned acquisition of Hilb Rogal & Hobbs Co. Citi Investment Research analyst Keith F. Walsh cut...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/PABu0VqO8_Y" height="1" width="1"/>InsWeb to Report Second Quarter Results and Host Quarterly Conference Call on July 24thtag:typepad.com,2003:post-525032542008-07-10T18:44:46+03:002008-07-10T18:44:46+03:00insnewsInsWeb Corp. (NASDAQ: INSW), a leading online insurance marketplace, today announced that it will report financial results for the second quarter of fiscal 2008 on Thursday, July 24th, 2008, after...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/Klbm4HHjJjM" height="1" width="1"/>AIG Closes on Deal to Buy Majority Stake in Telecommunications Suppliertag:typepad.com,2003:post-525028382008-07-10T18:37:22+03:002008-07-10T18:37:22+03:00insnewsAmerican International Group Inc. has completed the acquisition of a majority stake in UTStarcom Inc.'s personal communications division, in a transaction valued at approximately $240 million. The 193-employee division becomes...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/LGcjHw2Glvs" height="1" width="1"/>India-Bancassurance contributes major chunk for private players tag:typepad.com,2003:post-525027322008-07-10T18:34:52+03:002008-07-10T18:34:52+03:00insnewsChennai, June 29 The insurance sector has witnessed a phenomenal growth over the past few years. In 2007-08, growth in premiums was over 40 per cent. Many private players are...<div class="feedflare">
<a href="http://feeds.feedburner.com/~ff/InsuranceNewsMe?a=hkPiHUOdzeA:jCw0oz2RtS4:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/InsuranceNewsMe?d=yIl2AUoC8zA" border="0"></img></a>
</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/hkPiHUOdzeA" height="1" width="1"/>EastNets launches UniRisX eInsurance Service in UAEtag:typepad.com,2003:post-517838522008-06-24T14:52:12+03:002008-06-24T14:52:12+03:00insnewsEastNets is engaged in the provision of handling confidential transactions primarily for the financial, corporate and government sectors in Europe, United States of America, the Middle East and Africa. EastNets...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/JhvV3EvBNcg" height="1" width="1"/>WB issues 255.4 mln euros for Turkish public sectortag:typepad.com,2003:post-517243002008-06-23T13:49:21+03:002008-06-23T13:49:21+03:00insnewsThe World Bank has approved a loan of 255.4 million euros ($399.5 million) to strengthen public management, public services, social security and health insurance in Turkey, said a bank statement...<div class="feedflare">
<a href="http://feeds.feedburner.com/~ff/InsuranceNewsMe?a=dYJErzzBz8c:LTc7zWMowmE:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/InsuranceNewsMe?d=yIl2AUoC8zA" border="0"></img></a>
</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/dYJErzzBz8c" height="1" width="1"/>Bancassurance Drives up China Life's Premiumstag:typepad.com,2003:post-517242922008-06-23T13:48:29+03:002008-06-23T13:48:29+03:00insnewsChina's biggest life insurer China Life Insurance Company Limited (China Life, 601628.SH, 2628.HK) reaped premiums of CNY 151.5 billion in the first five months of 2008, thanks to contributions made...<div class="feedflare">
<a href="http://feeds.feedburner.com/~ff/InsuranceNewsMe?a=JNF3xJzcLAc:BfydIkAymFw:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/InsuranceNewsMe?d=yIl2AUoC8zA" border="0"></img></a>
</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/JNF3xJzcLAc" height="1" width="1"/>BIMB to start talks with ADKM for Takafutag:typepad.com,2003:post-517242482008-06-23T13:46:08+03:002008-06-23T13:46:08+03:00insnewsKUALA LUMPUR: BIMB Holdings Bhd has been given approval by the central bank to start negotiations with Abu Dhabi-Kuwait-Malaysia Strategic Investment Corporation (ADKM) for a strategic stake in Syarikat Takaful...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/09wAl9kTj30" height="1" width="1"/>Mohammad opens Al Hilal Banktag:typepad.com,2003:post-517242362008-06-23T13:44:49+03:002008-06-23T13:44:49+03:00insnewsAbu Dhabi: Al Hilal Bank, Abu Dhabi's second Islamic bank, yesterday launched its operations in the UAE with four branches, two in Abu Dhabi, one in Al Ain, and one...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/5eQ_EipZifA" height="1" width="1"/>GIC plans to scale up overseas operationstag:typepad.com,2003:post-517241682008-06-23T13:40:38+03:002008-06-23T13:40:38+03:00insnewsIndia's designated reinsurer General Insurance Corporation (GIC) is on a drive to expand its global footprint. The public sector company intends to open a representative office first in Brazil in...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/PdX2l9UK60A" height="1" width="1"/>Insurers bet on rural, micro productstag:typepad.com,2003:post-514961042008-06-18T10:05:42+03:002008-06-18T10:05:42+03:00insnewsKOLKATA: The eighteen life insurance companies had a good time in the last fiscal year, clocking new business premium of almost Rs 93,000 crore. However, with cut-throat competition and a...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/3TT8DwVVQ8M" height="1" width="1"/>Salama plans expansiontag:typepad.com,2003:post-514955002008-06-18T09:36:32+03:002008-06-18T09:36:32+03:00insnewsThe Islamic Arab Insurance Company Salama plans to expand its investment portfolio to 25 Shariah-compliant funds by the end of 2008. Noel D'Mello, Head of Family Takaful, said the company...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/vXt-684shio" height="1" width="1"/>Aviva, Zurich Financial to cut jobs in the UKtag:typepad.com,2003:post-514953942008-06-18T09:30:42+03:002008-06-18T09:30:42+03:00insnewsBritain’s largest insurer Aviva is to cut up to 1,800 jobs by the end of 2010 as part of an overhaul of its United Kingdom insurance operations, company officials said....<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/XFh8eDXvPVw" height="1" width="1"/>Consumerism forces financial services integration tag:typepad.com,2003:post-514574642008-06-17T17:12:22+03:002008-06-17T17:12:22+03:00insnewsThe consumer landscape in South Africa has experienced unprecedented change in the last few years, which has created the need and opportunity for previously specialised product and service providers to...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/InsuranceNewsMe/~4/xA_j-evmiQI" height="1" width="1"/>