Japan’s Softbank Corp. is reported to be seeking to enter the life insurance market through its Softbank Finance Co. unit,...
International & Reinsurance News
The U.K. ‘s Prudential announced plans to purchase Japan’s Orico Life, a subsidiary of Orient Corp., for 23 billion yen...
London’s Financial Times reports that Swiss Re plans to start a joint venture with a technology company to offer life...
Liberty Mutual announced that its Liberty International unit would purchase Hartford Seguros, The Hartford Financial Services Group’s Spanish subsidiary, for...
Britain’s Daily Telegraph reported that insurance giant CGNU has become disenchanted with is 7 percent holding in French Bank Société...
Sweden’s Skandia Insurance reported record sales for the year 2000 of SKr 197.7 billion ($20.9 billion) from growth in all...
Jean Peyrelevade, the Chairman of French bank Credit Lyonnais, has indicated he will bring a libel action in a French...
Julian James, Head of Lloyd’s worldwide markets, said that while he saw no “major insurance claims” arising from California’s current...
The International Panel on Climate Change, meeting in Shanghai, reported that the global warming trend was increasing more rapidly than...
Talks between Chinese and World Trade Organization negotiators in Geneva appear to have stalled due to the inability to reach...