MetLife, Inc. and Citigroup Inc. today announced an agreement for the sale of Citigroup’s Travelers Life & Annuity, and substantially all of Citigroup’s international insurance businesses, to MetLife for $11.5 billion, subject to closing adjustments. Combining Travelers Life & Annuity …
Although the world’s developed and developing nations still appear to be far apart on concluding new agreements on international trade, they’ve at least agreed to make a new attempt to do so. The so-called Doha round of trade talks hit …
In a joint announcement, datelined Chicago and Sao Paulo, Brazil, Aon Corp. announced the formation of Aon Affinity Latin America. “The organization will be headquartered in Sao Paulo, Brazil, where Aon has an established presence in the affinity marketplace through …
Standard & Poor’s Ratings Services has issued a report entitled, “The Latin American Reinsurance Industry: Underdeveloped, With Potential,” which points out that the “underdeveloped Latin American reinsurance markets are a result of local market dynamics and conditions.” S&P said that, …
Some Predicted Reality TV Would be Tough to Insure But Insurers Have Reduced the Risks Jon Paulsen was one of millions of TV viewers watching as contestants on the NBC reality show Fear Factor went bobbing in a vat of …
Some Predicted Reality TV Would be Tough to Cover But Insurers Have Reduced the Risks Jon Paulsen was one of millions of TV viewers watching as contestants on the NBC reality show Fear Factor went bobbing in a vat of …
Jon Paulsen was one of millions of TV viewers watching as contestants on the NBC reality show Fear Factor went bobbing in a vat of lard for cow tongues. But gross-out entertainment wasn’t the reason why Paulsen stared as the …
American International Group Inc. (AIG) on Thursday reported third quarter 2004 net income of $2.51 billion or $0.95 per share, compared to $2.34 billion or $0.89 per share in the third quarter of 2003. Third quarter 2004 net income excluding …
For those in the life insurance industry who thought they could sit on the sidelines and watch New York Attorney General Eliot Spitzer go after some big property/casualty heavyweights, think again. According to reports on Friday, MetLife and other group …
Jon Paulsen was one of millions of TV viewers watching as contestants on the NBC reality show Fear Factor went bobbing in a vat of lard for cow tongues. But gross-out entertainment wasn’t the reason why Paulsen stared as the …
