Insurance News

The all-share offer from Mr Cowdery's Resolution vehicle is understood to have been tabled in the last few days, but the move has not been well-received by Friends Provident's board.

European stocks dropped for a fourth straight week, the longest stretch of losses since March, as oil retreated and concern mounted that earnings reports will show the economic slump is far from over.

The American people continue to move to the pro-life perspective on abortion according to the latest Moral Compass survey by the Knights of Columbus and Marist Poll.

Around $250 million in bonuses are becoming due at American International Group .

Manulife Financial Corp. has been sued in the United States over allegations the company broke federal securities laws, the firm launching the class-action case said Friday.

Progressive Corp., the Mayfield auto insurer, said today its profit rose 16 percent in the second quarter to $250.1 million, from $215.5 million in the second quarter of 2008.

The 2009 redesign of MetLife's Web site was no rush job. Manish Bhatt, MetLife's VP of interactive and Web solutions, estimates that the New York-based carrier had been examining the idea since 2005 for both technical reasons and business reasons .

IPC Holdings Ltd has accepted a sweetened $1.65 billion takeover offer from Bermuda reinsurance rival Validus Holdings Ltd , which beat out Flagstone Reinsurance Holdings Ltd in a bidding war.

Recently, the World Health Organization raised the pandemic alert to level 6, which officially declared the H1N1 flu outbreak a pandemic.

Struggling insurance giant AIG is readying to dole out millions in bonuses to its executives.

Credit Suisse Group told a state judge it's ending funding for the court-appointed receiver running Tamarack Resort, meaning operational control of the struggling central Idaho real-estate development, ski area and golf course will revert to its owners Wednesday.

American International Group Inc , the insurer rescued by a series of federal bailouts, may have zero equity value due to the risk of more credit default swap losses and the disposal of key assets at low valuations, Citigroup said.

As debate grows about a possible second stimulus package for the flagging American economy, at least one legendary investor is giving the idea his guarded approval.

The financial crisis that began in 2008 has altered the risk profile of the life insurance industry, and insurers will be rethinking reinsurance solutions in response, according to a new study by Conning Research and Consulting.

Gov. Jay Nixon has signed legislation to help families with autistic children, but its not the bill he wanted.

American International Group Inc. is discussing a deal for all or part of its foreign unit, American Life Insurance Co., with MetLife Inc., according to a published report Wednesday that cited people familiar with the matter.

The Toronto stock market racked up a sharp, triple-digit decline for a second session as worries about an economic recovery persuaded investors to take more profits from the spring rally.

A Canadian investment firm paid $1.68 million in last month's charity auction to win lunch with billionaire investor Warren Buffett.

COLUMBUS, Ohio - As a thank you, a man has left $152,000-half his estate-to the Ohio insurance company where he worked for 25 years.

Kimberley Goode has been named president of the Northwestern Mutual Foundation .