NEW YORK
- At age 35, Jessica Queller was the kind of woman it’s hard not to envy. Bright, funny and attractive, she was a TV writer with a great Hollywood gig and loads of friends.Yet one sunny morning, Queller suddenly faced an overwhelming life-or-death decision.A few months […]
LOS ANGELES
- Prosecutors argued Tuesday that a bid to throw out the arrest warrant for a Japanese businessman in the 1980s murder of his wife is premature and can’t be pursued until he is extradited from Saipan.Attorney Mark Geragos claimed that a new trial for Kazuyoshi Miura […]
SHANGHAI, China
- China’s sovereign wealth fund was among the major investors in Visa Inc.’s $19.1 billion initial public offering this month, the financial magazine Caijing reported Tuesday.China Investment Corp., or CIC, invested more than $100 million as a strategic investor in the share offering, Caijing said, citing […]
Seven Bank Ltd. rose 24 percent on
its first day of trading after Japans largest initial public
offering since Sony Corp.s financial unit sold $3 billion of
shares in October.
Seven Bank, the financial unit of Japans biggest retailer
Seven I Holdings Co., closed at 174,000 […]
Aviva Plc, the loser in a bad year for
U.K. insurance stocks, is the forecasters favorite to make money
this year.
Aviva, Britains largest insurer by sales, fell 18 percent in
2007 trading, almost twice as much as the FTSE All-Share Life
Insurance Index. The London-based company, […]
SINGAPORE (Reuters) - Allianz (ALVG.DE: Quote, Profile, Research), Europe’s top insurer, believes market turbulence has created acquisition opportunities in Asia, and predicts Asian sales will climb to 10 percent of total group income, or 10 billion euros ($15 billion).
The Munich-based firm generated 8.8 billion euros from selling life insurance and property and casualty cover in […]
Sanlam Ltd., the second-biggest
insurer in Africa, said profit rose as much as 30 percent in
2007, beating analysts estimates, helped by new policy sales.
So-called core earnings a share climbed between 25 percent
and 30 percent last year from 2006, the Cape Town-based insurer
said today […]
Sanlam Ltd., the second-biggest
insurer in Africa, said profit rose as much as 30 percent in
2007, beating analysts estimates, helped by new policy sales.
So-called core earnings a share climbed between 25 percent
and 30 percent last year from 2006, the Cape Town-based insurer
said today […]
Allianz Life Insurance Co. of North America will pay $10 million to settle charges that it sold unsuitable annuities to thousands of senior citizens in California.
The Golden Valley-based insurer also agreed to strengthen the way it reviews annuity applications and to better explain its products to customers, under the settlement reached with the California Department […]
Attorney General Lori Swanson on Thursday announced her office’s second settlement with a life insurance company involving the questionable sale of long-term annuities to Minnesota senior citizens.
Swanson said the settlement with Iowa-based American Equity Investment Life Insurance Co. will affect as many as 2,400 Minnesotans whose claims for refunds total $125 million.
At a Capitol news […]