Wotnews is an Australian news monitoring service. Register FREE to monitor Insurance Industry and AIG.
Insurance Industry and AIG
Highlights this month
-
Increased. Some of the loans have now quietly been transformed ...
Economy XVII
After the plunge on Wall St overnight (Dow down 4.7%), I think it is time that we have another thread on the economy. Some of the recent developments: the US ...
Blogocrats - 2 weeks, 5 days ago
-
Defended itself against reports it wasted taxpayer money on a ...
Bailed-out AIG denies excesses for staff
Insurance giant AIG has defended itself against reports it wasted taxpayer money on a seminar.
SBS - 2 weeks, 6 days ago
-
Expected to get an expanded rescue package valued at more ...
AIG stands to get billions more
AIG is expected to get an expanded rescue package valued at more than $US150 billion that includes lower interest rates and more time to repay the debt.
The Age - 3 weeks, 1 day ago
-
An important policy change - one that we wanted to ...
Sign of the times
Great email from AIG to bloggers (assuming it’s true): Earlier today, AIG announced an important policy change - one that we wanted to be sure you knew about. A short ...
Better Communication Results - 1 month, 3 weeks ago
-
Bailed out by the US government. Holdings in exchange settlement ...
RMBS plugs repo asset shortage onshore
The RBA continued to pump money into the system and set a new weekly record of A$14.1 billion, more than the A$13.3 billion injected two weeks earlier when Lehman Bros ...
TheSheet.com - 1 month, 3 weeks ago
-
Plans Friday to sell off "non-core " assets to pay ...
AIG plans asset sales to repay US debt
NEW YORK (AFP) - Embattled insurance giant AIG announced plans Friday to sell off "non-core " assets to pay off its loan from the US Federal Reserve, which would conclude ...
Yahoo!7 Finance News - 1 month, 4 weeks ago
22 hours, 42 minutes ago
2008-12-02 Companies tap equity markets for cash
The global financial crisis is forcing cash-strapped companies to seek funds where they can. In the US, embattled financial firms like AIG and Citigroup have been fortunate enough to secure ...
Radio National Breakfast - business & finance - midnight Tuesday 2nd December 2008
Radio National Breakfast - business & finance - midnight Tuesday 2nd December 2008
1 week, 4 days ago
China fund in talks for stake in AIG unit: report (Reuters)
Reuters - A consortium led by sovereign wealth fund China Investment Corp is in talks to buy a stake of up to 49 percent in American Life Insurance Co, a ...
Yahoo! News: World News - 4:40 a.m. Friday 21st November 2008
Yahoo! News: World News - 4:40 a.m. Friday 21st November 2008
2 weeks, 4 days ago
G-20 summit: cure what ails
G20 this weekend: there will be lots of arm-twisting to fix the world's economic mess Surgery and transfusions for the injured list There are two economies: the real economy and ...
National Post - 9:34 a.m. Friday 14th November 2008
National Post - 9:34 a.m. Friday 14th November 2008
1 month ago
AIG taps US$21B in additional Fed credit line
CHARLOTTE, North Carolina (AP) - American International Group Inc. has reduced the amount it owes the U.S. government by $6.8 billion after the insurance company was granted access to the ...
World News Network - 10 a.m. Saturday 1st November 2008
World News Network - 10 a.m. Saturday 1st November 2008
1 month ago
Trade voices concern over insurance regulation
1 month, 1 week ago
Prudential eyes AIG assets in Asia (AFP)
AFP - Insurance group Prudential said on Tuesday that it will monitor "opportunities" which could arise from an asset disposal programme by US giant AIG in Asia.
Yahoo! News: World News - 8:26 p.m. Tuesday 21st October 2008
Yahoo! News: World News - 8:26 p.m. Tuesday 21st October 2008
1 month, 2 weeks ago
IAG open to new merger talks with QBE
The head of Australia's largest general insurance group says he is still open to the possibility of a merger with rival QBE if a better offer is made.
ABC News industry - 2:39 p.m. Thursday 16th October 2008
ABC News industry - 2:39 p.m. Thursday 16th October 2008
1 month, 3 weeks ago
AIG says event was mischaracterised in Washington
US insurer defends spending on hotel room, spa services for "independent life insurance agents." 9 Oct 2008 5:43 AM
Business Spectator insurance - 4:43 a.m. Thursday 9th October 2008
Business Spectator insurance - 4:43 a.m. Thursday 9th October 2008
1 month, 3 weeks ago
Ayala, GSIS interested in Philamlife
Conglomerate Ayala Corp. is interested in acquiring Philippine American Life and General Insurance Co. (Philamlife), which has been put up for sale by its US-based parent firm. State-run pension fund ...
World News Network - 10 a.m. Tuesday 7th October 2008
World News Network - 10 a.m. Tuesday 7th October 2008
1 month, 4 weeks ago
Allianz, others consider buying AIG's Japan units: reports
TOKYO (AFP) - Germany's Allianz Group and other major insurers are considering buying American International Group's three life insurance units in Japan, news reports said Saturday.
Yahoo!7 Finance News - 6:35 p.m. Saturday 4th October 2008
Yahoo!7 Finance News - 6:35 p.m. Saturday 4th October 2008
Rescued AIG prepares to sell off assets
American International Group, the insurer forced to peddle businesses to repay a $110b government loan, will sell its life insurance and retirement operations in the US, Europe, Latin America and ...
The Age - 7:55 a.m. Saturday 4th October 2008
The Age - 7:55 a.m. Saturday 4th October 2008
AIG To Refocus On P&C
AIG will sell many of its business units and refocus on its core property and casualty insurance business.
TechWeb - 12:09 a.m. Saturday 4th October 2008
TechWeb - 12:09 a.m. Saturday 4th October 2008
2 months ago
Some Realism In The Markets
As dramatic and potentially damaging the US financial problems are, it's the impact on the US economy that remains the main game.US economic growth isn't as strong as previously estimated ...
Yahoo!7 Finance News - 9:52 a.m. Monday 29th September 2008
Yahoo!7 Finance News - 9:52 a.m. Monday 29th September 2008
2 months, 1 week ago
Investment markets and super
There is no doubt that financial markets across the world are undergoing a lot of change and stress this year. Just recently, for instance, the US Federal Reserve has agreed ...
AvSuper - 9:11 a.m. Saturday 20th September 2008
AvSuper - 9:11 a.m. Saturday 20th September 2008
2 months, 2 weeks ago
AIG Singapore life insurance unit boss resigns
Mark O'Dell set to join Canadian insurer Manulife's Taiwan operation, reports. 19 Sep 2008 11:26 AM
Business Spectator appointments - 11:26 a.m. Friday 19th September 2008
Business Spectator appointments - 11:26 a.m. Friday 19th September 2008
