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Tag Archives: corporation

Panel Quizzes Bernanke On Financial Crisis

causes of the financial crisis. On Thursday, panel members questioned Federal Reserve Chairman Ben Bernanke and Federal Deposit Insurance Corporation Chairman Sheila Bair

Boots to dissolve pension scheme

drug company Alliance Boots is dissolving one of its two final-salary pension schemes. It is instead paying an insurance company, the Pension Insurance Corporation, to take on responsibility for paying the pensions. The scheme being dissolved is that of

Presidential Life Appoints Duncan Szeto as Chief…

Life Corporation (Nasdaq:PLFE) named Duncan Szeto as the new Chief Actuary of its operating subsidiary, Presidential Life Insurance Company (‘Presidential Life’), effective August 18, 2010. Mr. Szeto replaces Jerrold Scher who has stepped down for

A.M. Best Places Ratings of Central Bank and Central…

rating actions follow the pending financial restatements of accounting entries pertaining to loans and the recent Federal Deposit Insurance Corporation’s assisted acquisition of Gateway Bank of St. Louis, a failed bank. The ratings will remain under

First American Financial Corporation Declares Quarterly…

SANTA ANA, Calif., Aug. 26/PRNewswire/ — First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance and settlement services for real estate transactions, today announced that its board of directors has declared a

Aon’s Implemented Investment Consulting Reaches the $1…

www.aon.com. About Aon Aon Corporation (NYSE: AON) is a leading global provider of risk management services, insurance and reinsurance brokerage, and human capital consulting. Through its more than 36,000 colleagues worldwide, Aon delivers distinctive

LIC aiming at Rs 5,000 cr new biz premium via bank…

NEW DELHI: Life Insurance Corporation (LIC) said it is aiming at an over four-fold jump in new business income to Rs 5,000 crore in the current fiscal through bank tie-ups, among other initiatives

Vijaya Bank may partner with PNB again to sell policies

BANGALORE: Vijaya Bank is likely to continue its presence in insurance distribution through the brokerage route. The Bangalore-based bank, which signed up with the Life Insurance Corporation to sell policies, was hit by a recent notification from the

Humana 2Q Net Income Rises 21 Percent on Premiums

Humana’s 2nd-quarter net income jumps 21 percent on premiums, full-year guidance boosted Humana – Insurance – Health insurance – Corporation – Business

PMI Mortgage Insurance Co. Sells Investment in FGIC…

CREEK, Calif., July 30 /PRNewswire-FirstCall/ –The PMI Group, Inc.’s (NYSE: PMI) (the “Company”) primary subsidiary, PMI Mortgage Insurance Co., announced the sale of its equity ownership in FGIC Corporation (“FGIC”), the holding company of Financial