Insurer The Hartford prices senior debt to help repay $3.4B federal bailout and existing debt Hartford Financial Services Group Inc. announced pricing Thursday for $1.1 billion in senior debt it will offer as part of a plan to repay $3.4 billion it ...
Pelosi says GOP, insurance companies will mount all-out assault on Democrats' health overhaul House Speaker Nancy Pelosi is predicting an all-out assault by Republicans and the insurance industry as Democrats prepare to push their health care overhaul through Congress. The California Democrat ...
SEOUL (Reuters) - Korea Life Insurance Co <088350.KS> shares closed up 8 percent in heavy trading on their debut on Wednesday, signaling keen demand ahead of bigger rival Samsung Life's planned $4 billion IPO in May. Korea Life had priced its $1.6 ...
SEOUL (Reuters) - Shin Eun-chul is a four-decade insurance veteran who, into his eighth year in charge of South Korea's No.2 life insurer, has not given any media interviews. That low profile is not unusual for the head of a flagship of ...
Hartford Financial selling $3.05B in securities in plan to repay $3.4B from federal bailout Hartford Financial Services Group Inc. said Tuesday it will sell $3.05 billion in securities as part of its plan to repay the $3.4 billion it received under the ...
NEW YORK (Reuters) - Several former American International Group Inc <AIG.N> employees might sue the insurer after it gave them less retention bonus money than they should have received, their lawyers said on Monday. AIG is holding back $21 million from retention ...
Barack Obama's top health official made a tough moral case to insurance giants Wednesday: put people and patriotism before profits and drop opposition to the president's overhaul plans. Health and Human Services Secretary Kathleen Sebelius braved an industry conference two days after ...
AIG aircraft unit's loan sales garner demand; to provide add'l funding ahead of possible sale International Lease Finance Corp., the aircraft-leasing unit of American International Group Inc., is looking to raise $1.3 billion in loan offerings as it seeks new funds to ...
HHS secretary challenges health insurers to back Obama's system overhaul _ or else The head of the Health and Human Services Department is sketching out a stark choice for the nation's insurers: oppose reform and eventually lose customers, or work with the ...
MUNICH (Reuters) - Munich Re <MUVGn.DE> sees star investor Warren Buffett's stake in the reinsurer as evidence that he backs its long-term strategy aimed at creating stability, Munich Re's chief executive said on Wednesday. "He would not have bought in if he ...
