Multi-line Insurance

Markets rose to fresh highs as bank stocks led the rally following optimistic earnings prospects and some upgrades. Benchmarks touched multi-year highs as concerns about the euro-zone debt crisis eased and the Federal Reserve released an upbeat report.   The Dow gained 0.7% and closed at 11,755....

Markets rose to fresh highs as bank stocks led the rally following optimistic earnings prospects and some upgrades. Benchmarks touched multi-year highs as concerns about the euro-zone debt crisis eased and the Federal Reserve released an upbeat report.   The Dow gained 0.7% and closed at 11,755....

Maurice “Hank” Greenberg, former CEO of AIG, recently appeared Bloomberg Television's "InBusiness with Margaret Brennan," where he spoke about AIG's decision to sell Nan Shan Life Insurance, as well as his belief that AIG's business will be more volatile in coming years. When asked if AIG (NYSE:...

Markets on Tuesday climbed modestly higher as the euro-zone debt crisis eased to lessen investors' nervousness. Reports of a New York appeals court ruling in favor of MBIA Inc. and upbeat earnings results also helped indices break out of the red zone.   Indices gained modestly as bond insurer...

• JP Morgan (NYSE:JPM) has downgraded Goldman Sachs (NYSE:GS) from "overweight" to "neutral" rating because of valuation concerns, setting a target price of $175 • AIG (NYSE:AIG) has planned  to sell off its Taiwan life insurance unit for $2.16 billion • Cliffs Natural Resources (NYSE:CLF) has...

• JP Morgan (NYSE:JPM) has downgraded Goldman Sachs (NYSE:GS) from "overweight" to "neutral" rating because of valuation concerns, setting a target price of $175 • AIG (NYSE:AIG) has planned  to sell off its Taiwan life insurance unit for $2.16 billion • Cliffs Natural Resources (NYSE:CLF) has...

Markets on Tuesday climbed modestly higher as the euro-zone debt crisis eased to lessen investors' nervousness. Reports of a New York appeals court ruling in favor of MBIA Inc. and upbeat earnings results also helped indices break out of the red zone.   Indices gained modestly as bond insurer...

AmeriHealth New Jersey and Unitrin Direct preferred insurance (NYSE: UTR) today announced they will work together to give qualifying AmeriHealth members direct access to the broad portfolio of Unitrin Direct preferred insurance auto insurance products.

Moving a step ahead with its recapitalization plan, yesterday American International Group Inc. (AIG) announced a dividend of 10-year warrants worth $75 million, which will enable investors to purchase the company's common stock at $45 per share. The declared dividend will be paid on January 19...

Moving a step ahead with its recapitalization plan, yesterday American International Group Inc. (AIG) announced a dividend of 10-year warrants worth $75 million, which will enable investors to purchase the company's common stock at $45 per share. The declared dividend will be paid on January 19...

After enduring stress with respect to pricing pressure and reduced insured exposure through mid-2009, the overall health of the U.S. insurance industry has started improving. Though the market turmoil forced many companies to take immense write-downs, the worst of the crisis appears to be now...

After enduring stress with respect to pricing pressure and reduced insured exposure through mid-2009, the overall health of the U.S. insurance industry has started improving. Though the market turmoil forced many companies to take immense write-downs, the worst of the crisis appears to be now...

  Reports released yesterday showed a three times jump over economists' expectations regarding job creation in the private sector in December 2010. Positive data from the Institute of Supply Management also boosted investors' confidence. Additionally, on a sectoral basis, the financial sector led a...