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Tuesday, October 21, 2008 ( change date )
ING to get E10 billion capital from Dutch government
The Netherlands-based banking and insurance company ING has reached an agreement with the Dutch government to strengthen its capital position, creating a buffer to navigate the current market and economic environment. ING will issue non-voting core tier-one securities for a total consideration of E10 billion to the Dutch government.
Insurance-business-review.com Tuesday, October 21, 2008Everest Re to Hold Q3 Earnings Conference Call Today
The Bermuda-based Everest Re Group released its Third Quarter 2008 earnings after close of trading on the NYSE yesterday, October 20, 2008.
A conference call discussing the results will be held at
Insurancejournal.com Tuesday, October 21, 2008Chartered Insurance Institute Report: a 'Broke Britain' for Young Adults
According to a recent report from the UK's Chartered Insurance Institute (CII), "a heavily-regulated and outdated financial establishment has left young adults most at risk in any recession. The CII s
Insurancejournal.com Tuesday, October 21, 2008O'Keefe Joins Lockton UK
International brokers Lockton has announced the appointment of Richard O'Keefe as a Property Broker working across the firm's UK Retail and Global Risks areas.
O'Keefe has 20 years experience, the
Insurancejournal.com Tuesday, October 21, 2008ING Seen up After Dutch Government Cash Deal; Taiwan Life Sale
The Dutch government has agreed a ?10 billion ($13.25 billion) cash injection into financial group ING, and ING shares were expected to rally on Monday after a 27.5 percent slump in the previous
Insurancejournal.com Tuesday, October 21, 2008Bank of Beijing Eyes Buying into ING Insurance JV
The Bank of Beijing, which is 16 percent owned by the Netherlands ING Groep NV, said on Tuesday it is in talks to buy a 50 percent stake in one of ING's life insurance ventures in China from the ventu
Insurancejournal.com Tuesday, October 21, 2008Loucaides Joins Lloyd's Jubilee Managing Agency
Jubilee Managing Agency, a specialist Lloyd's insurer, has announced the appointment of Andreas Loucaides, the former CEO of Catlin UK, as Director of Underwriting "to expand its portfolio and diversi
Insurancejournal.com Tuesday, October 21, 2008Endurance Issues Preliminary Q3 Earnings Analysis
Bermuda-based Endurance Specialty Holdings joined the growing list of the island's (re)insurers who have issued statements giving preliminary details concerning their third quarter results.
In disc
Insurancejournal.com Tuesday, October 21, 2008Platinum to Report Q3 Earnings Today; Conference Call Details
Bermuda-based Platinum Underwriters Holdings will report financial results for the quarter ended September 30, 2008 after the close of trading on the New York Stock Exchange today, Tuesday, October 21
Insurancejournal.com Tuesday, October 21, 2008ACE Adds Green Building Endorsements to Builders Risk Product
The retail inland marine division of ACE USA has added green building endorsements to its builders risk product offering.
The endorsements are designed to address customers' potential financial lo
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