Fri 21 Nov 2008
Zurich Financial Services Group has announced the completion of the acquisition of a remaining 34 percent minority stake in Russia’s OOO NASTA Insurance Company, which was renamed Zurich Retail Insura
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Fri 21 Nov 2008
Investors are wondering if Warren Buffett has lost his touch.
They are bailing out of Berkshire Hathaway Inc stock and have lost some confidence that the insurance and investment company, run by on
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Fri 21 Nov 2008
ACE Limited has announced the appointment of Sean Ringsted as Chief Risk Officer for the ACE Group of Companies. In this role, which will be in addition to his current responsibilities as Chief Actuar
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Fri 21 Nov 2008
Faber & Dumas, the newly formed third-party wholesale brokerage division of Willis Group Holdings, announced that three additional Willis specialty businesses - Fine Art, Jewelry & Specie (FAJS), Spec
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Fri 21 Nov 2008
President George W. Bush has been briefed about increasing attacks by Somali pirates off east Africa, and the United States is consulting with other U.N. Security Council members on ways to combat the
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Fri 21 Nov 2008
A consortium led by sovereign wealth fund China Investment Corp is in talks to buy a 49 percent stake in American Life Insurance Co (Alico), a unit of AIG, in a deal that could be worth up to $10.6 bi
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Fri 21 Nov 2008
A Dutch insurer’s experimental bid to tap the U.S. government for bailout cash looks doomed to failure, closing off an avenue for other insurers. Aegon NV said this week it was mulling buying a small
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Fri 21 Nov 2008
The world needs a supervisory body for financial markets to which end the International Monetary Fund (IMF) must become more independent, German President and former IMF chief Horst Koehler said on Fr
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Fri 21 Nov 2008
Mobile home owners and renters often choose to go without property insurance, potentially exposing them to catastrophic losses such as those suffered in Southern California’s weekend firestorms, accor
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Fri 21 Nov 2008
Investigators from the California Labor Commissioners’ Office issued 71 citations totaling $267,600 in fines in a two-day statewide enforcement sweep of businesses in the agricultural industry includi
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