(Reuters) – Britain’s Prudential has abandoned its plan to buy AIG’s Asian life unit AIA for $35.5 billion, bowing to shareholder criticism over the price it had agreed to pay and leaving its management under fire. Prudential’s move on Wednesday was widely expected after bailed-out U.S. giant American International Group refused to cut the price, [...]
Insurance sector moves higher as China dismisses talk of bond sales LONDON (MarketWatch) — Shares in Prudential rose as much as 8% Thursday following reports that as many as 20% of the U.K. insurer’s shareholders are ready to oppose its $35.5 billion takeover of American International Group’s Asian business. The gains also came amid solid [...]
Mercury Insurance Group, a major backer of a hotly contested insurance measure on the June ballot, faces potentially costly fines in the wake of a new state report alleging that California’s third-largest insurer is violating state laws “despite agreements with the state to terminate illegal behavior.” The report, released Monday by the state Department of [...]
Accidents and hazards are part of our day to day life, and they are sometimes related to our occupation as well. You may suffer from an accident while performing your job. Such accident may result in your untimely loss of life, or temporary or permanent disability. While most hazards can be foreseen, accidents occur without [...]
U.S. stocks rose, pushing the Standard & Poor’s 500-stock index to a 17-month high, as Citigroup led a rally among banks and report data boosted confidence that the economic recovery is sustainable.
Black Friday 2012 | Amazon Black Friday 2012 | Amazon Black Friday 2012 | Cyber Monday 2011 | Cyber Monday Sales | Cyber Monday Sales | Amazon Cyber Monday 2012