Insurance News

Insurance Australia Group has expanded its footprint in Asia, increasing its interest in its joint venture with Malaysian insurer AmAssurance to 49 per cent.

UnitedHealth Group Inc raised the lower end of its 2009 revenue forecast on Monday, although it maintained its profit outlook for next year.

Prem Watsa, chief executive of Fairfax Financial Holdings Ltd. Fairfax said it will bid $39 a share to take Northbridge Financial Corp.

ZURICH, Switzerland-American International Group Inc. has agreed to sell AIG Private Bank Ltd.

Sunday, November 30, 2008 Comtex RESTON, Va., Nov 30, 2008 /PRNewswire-FirstCall via COMTEX/ ----comScore , a leader in measuring the digital world, today reported its tracking of holiday season retail ...

In this holiday season, as we gather to give thanks with our families for all our blessings, my mind turns to thoughts of vengeance.

Sitting atop and guarding one of the most recognized buildings in the world -- the U.S. Capitol building that houses Congress -- is a statue originally named Armed Liberty and later Lady Freedom, its name ...

Kingsway Financial Services Inc. announced today that The Toronto Stock Exchange has accepted a notice filed by Kingsway of its intention to make a Normal Course Issuer Bid .

Power Financial Corp. announced Friday the successful completion and closing of an offering of 7 million Non-Cumulative 5-Year Rate Reset First Preferred Shares, Series M, priced at $25 per share to raise gross ...

The stock market slide that has decimated savings for retirement and college savings with equal savagery is forcing many parents into an uncomfortable choice of where to cut back first.

When you are a pro at a scam--the definition of "scam" also can be found under the term "insurance industry" -- you know how to try to pull a fast one.

U.S. insurance broker Aon Corp. has completed its acquisition of a British firm and will lay off as many as 700 employees, company officials say.

Nov. 28 - Billionaire investor Warren Buffett has seen shares of his Berkshire Hathaway cut in half as investors fear the company could be hit with a big payout in the future.

Boston College Law School has received a $3.1 million gift from Liberty Mutual Group that will be used to establish a professorship in property and casualty insurance law.

Commerzbank AG's shares surged Friday after Germany's second-biggest bank said it was fast-forwarding its bid for rival Dresdner Bank as a result of the more favourable terms for the purchase created by the ...

Youth Service America and UnitedHealth Group Offer 'HEROES' Grants to Fight Childhood Obesity Comtex WASHINGTON, Nov 25, 2008 /PRNewswire-USNewswire via COMTEX/ ----Administered by Youth Service of America, ...

Labour's emergency mini-Budget will mean tax hikes for average earners, Britain's most respected economic forecaster has declared.

Mumbai: U.S. firm Principal Financial Group is looking to acquire an asset management company in India as it wants to scale up its fund unit operations in the high-potential market, a top executive said on ...

QBE Insurance Group has successfully raised $2 billion from institutional investors.

Travelers Cos. CEO Jay Fishman said companies may be stuck with insurance businesses they can't sell as the global credit crunch erodes the capital of potential buyers, reports Bloomberg.com . The number of ...