Global supply chain awaits impact of Thai floods
Intel and Toyota among manufacturers affected by flood damage and lost production Share this:
Pension fund sues to block Delphi takeover
Lawsuit accuses US group’s chief executive of violating his fiduciary duty by unfairly enriching himself to the detriment of shareholders Share this:
Haverford walks away from Omega stake bid
Bermuda-based insurer owned and controlled by Mark Byrne has ended talks over a long-running bid for a stake in the Lloyd’s of London insurer Share this:
Phoenix finance head leaves for Guardian
Jonathan Yates will leave at the end of February the life assurance consolidation group that is in takeover talks with CVC Capital Partners Share this:
Tokio Marine adds Delphi to acquisitions
The $2.7bn purchase of the US insurer gives Japan’s largest non-life insurance group an entry into the world’s largest life insurance market Share this:
Division widens in debt capital markets
Bankers and fund managers say corporate borrowing on global debt markets is becoming a case of “haves and have nots” Share this:
Beazley revives interest in Hardy
Lloyd’s insurer eyes smaller rival that has endured heavy losses events such as the earthquake and tsunami in Japan and flooding in Thailand Share this:
Pru head to depart after aborted AIA bid
The chairman of the life assurer, who was criticised for his role in the group’s attempted $35bn takeover of AIA last year, is to stand aside Share this:
Pru head to depart after failed AIA bid
The chairman of the life assurer, who was criticised for his role in the group’s attempted $35bn takeover of AIA last year, is to stand aside Share this:
McGrath succumbs to sharpshooting shareholders
The Prudential man’s retirement has been announced in a delayed reaction to a row with investors Share this:
Record fine for Ace insurance unit
Penalty comes after putting customers at risk of unfair treatment because of failure to manage its sales and claims processes effectively Share this:
Lloyd’s upbeat in face of natural disasters
Companies at Lloyd’s are expected to have collective capacity to write almost $24bn in premiums before buying reinsurance in 2012 Share this:
Insurers hit at government over flood cover
The coalition was failing to heed the industry in deciding to focus on flood prevention rather than insurance subsidies , the ABI chief warned Share this:
InterRisk seeks to eliminate the middleman
The start-up group aims at ensuring that claimants do not have to share their pay-out with lawyers and companies do not pay over the odds Share this:
Old Mutual sells Skandia unit for £2bn
Anglo-S African life and savings group sticks with plan to sell Nedbank stake Share this:
Old Mutual: mea culpa sale risk
Old Mutual is attempting to do the right things to correct its ills. But the question for investors is whether they are selling their unwanted assets quickly enough Share this:
OFT probes car repair and replacement groups
Motor insurers are facing fresh regulatory scrutiny following allegations that they could be using accidents to ‘extract money from each other’ Share this:
Allianz shake-up makes board ‘younger’
The biggest reshuffle at the German insurance group in more than a decade includes the first woman to join its executive board Share this:
Citigroup offloads remainder of Primerica
The move is the latest step in dismantling the ‘financial supermarket’ put together by Sandy Weill in the 1990s Share this:
CPP warns over impact of FSA’s investigation
Shares in the provider of insurance against identity theft fall up to 25% as it says profits in 2012 will be ‘significantly’ lower than in 2011 Share this:
