Latest News in Home Insurance – Dec 29, 2008
Japanese life insurer to raise ¢D100 billion – Taipei Times
28 Dec 2008 at 8:00am
Sumitomo Life Insurance Co, Japan¡¦s fourth-largest life insurer, plans to try to raise about ¢D100 billion (US$1.1 billion) in capital as early as next month to strengthen its financial base, a spokesman said. The Osaka-based life insurer is …
Site lists insurance premiums – Dallas Morning News
29 Dec 2008 at 1:25am
AUSTIN – Financially pressed homeowners unhappy with their insurance rates will find that while there are few bargains in the Dallas area, the premiums charged in their neighborhoods can vary widely depending on the company and the type of policy …
Site lets consumers shop for better rate on insurance – Dallas Morning News
28 Dec 2008 at 9:29pm
AUSTIN – Financially pressed homeowners unhappy with their insurance rates will find that while there are few bargains in the Dallas area, the premiums charged in their neighborhoods can vary widely depending on the company and the type of policy …
Mitsui Sumitomo, Aioi, Nissay Said to Discuss Merger (Update3) – Bloomberg
29 Dec 2008 at 1:25am
Dec. 29 (Bloomberg) — Mitsui Sumitomo Insurance Group Holdings Inc. , Aioi Insurance Co. and Nissay Dowa General Insurance Co. are in talks to create Japan’s largest non-life insurer, two people familiar with the negotiations said. The three …
Stocks in Europe, Asia Climb, Led by BP, Woodside, Insurers – Bloomberg
29 Dec 2008 at 3:05am
Dec. 29 (Bloomberg) — Stocks climbed in Europe and Asia as higher oil and metals prices lifted commodity producers, while merger speculation boosted Japanese insurers and technology companies. U.S. index futures gained. BP Plc , Europe’s second …
TOPWRAP 1-Japan insurers seek merger as crisis takes toll – Reuters
29 Dec 2008 at 3:55am
SINGAPORE, Dec 29 (Reuters) – Crumbling home and auto sales pushed three Japanese insurers into merger talks and Koreans plan to cut spending on children’s education, signs the global economic slump is reshaping business and lifestyles around the …
Japan insurers seek merger as crisis takes toll – Reuters
29 Dec 2008 at 2:15am
SINGAPORE (Reuters) – Crumbling home and auto sales pushed three Japanese insurers into merger talks and Koreans plan to cut spending on children’s education, signs the global economic slump is reshaping business and lifestyles around the world …
Scottsdale Insurance Company Launches Canadian Partnership – PR Inside
22 Dec 2008 at 1:51pm
www.scottsdaleins.com – Scottsdale Insurance Company (www.scottsdaleins.com), one of the largest excess and surplus insurers in the U.S., recently launched a partnership with The Co-operators, the leading Canadian-owned, mutli-product insurer, to …
A.M. Best Affirms Ratings of Qatar General Insurance and Reinsurance … – B…
22 Dec 2008 at 9:04am
OLDWICK, N.J.–( BUSINESS WIRE )– A.M. Best Co. has affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “bbb+” of Qatar General Insurance and Reinsurance Company (S.A.Q.) (QGIR) (Qatar). The outlook for both …
A.M. Best Downgrades Rating of Standard Life Insurance Company of … – Busi…
22 Dec 2008 at 12:53pm
OLDWICK, N.J.–( BUSINESS WIRE )– A.M. Best Co. has downgraded the financial strength rating to E (Under Regulatory Supervision) from B (Fair) and issuer credit rating to “rs” from “bb” of Standard Life Insurance Company of Indiana (Standard …
