Topic: Insurance Industry
Allianz sees steady operating profit for 2010
AP News
German insurer Allianz sees 2010 operating profit around 2009 level of $9.7 billionGerman insurer Allianz SE expects its 2010 operating profit to be around last year's level of euro7.2 billion ($9.7 billion) as the global economy comes out of a long downturn. Allianz, one of the ...
Hartford prices debt to repay federal bailout
AP News
Insurer The Hartford prices senior debt to help repay $3.4B federal bailout and existing debtHartford Financial Services Group Inc. announced pricing Thursday for $1.1 billion in senior debt it will offer as part of a plan to repay $3.4 billion it received from the federal financial bailout ...
Pelosi: GOP, insurers ready to attack health bill
AP News
Pelosi says GOP, insurance companies will mount all-out assault on Democrats' health overhaulHouse Speaker Nancy Pelosi is predicting an all-out assault by Republicans and the insurance industry as Democrats prepare to push their health care overhaul through Congress. The California Democrat said at a news conference Thursday that "there is ...
Korea Life gains; buoys hopes for Samsung Life IPO
Reuters US Online Report Business News
SEOUL (Reuters) - Korea Life Insurance Co <088350.KS> shares closed up 8 percent in heavy trading on their debut on Wednesday, signaling keen demand ahead of bigger rival Samsung Life's planned $4 billion IPO in May. Korea Life had priced its $1.6 billion IPO, South Korea ...
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