[Business Wire] - ACE Limited announced today that it has signed a definitive agreement to acquire New York Life's Hong Kong and Korea life insurance operations for approximately $425 million in cash.
[at Financial Times] - Guessing who will take over running Berkshire Hathaway when billionaire investor Warren Buffett steps down has been a parlour game among financial types for many years.
[at Financial Times] - AIG was the world's biggest insurer before the financial crisis but became the world's biggest bail-out, casting a long shadow over the sector.
[at Financial Times] - Warren Buffett is trying to replace himself. Like the Sage himself, Todd Combs - the 39-year-old who is to be given a "significant proportion" of Berkshire Hathaway's portfolio to run - holds an MBA from Columbia Business School and got his start in the investment world by managing hedge funds.
[at Financial Times] - On Monday morning, Todd Combs was a relatively unknown financial executive running Castle Point Capital, a small hedge fund in Greenwich, Connecticut.
[Business Wire] - ACE USA, the U.S.-based retail operating division of the ACE Group, today announced the appointment of Karen Griswold as Senior Vice President, Commercial Marine. Based in Philadelphia, Ms.
[PR Newswire] - Fremont Michigan InsuraCorp, Inc. is committed to providing its customers service that is second to none. As part of that commitment, the Company regularly offers a variety of tips to help homeowners avoid costly damages to their properties. As major storms roll across the state, Fremont offers several tips to make your home weather wise to help protect your family and property.
[PR Newswire] - The frequency of Texas home fires dropped 15% among Allstate customers during the first half of 2010, when compared to the same period last year. This decrease puts fire frequency back in line with historical levels, after Allstate saw a spike in the first half of 2009.
[PR Newswire] - Horace Mann Educators Corporation will release its third quarter 2010 earnings on Thursday, October 28, 2010 after the market closes. The earnings press release will be available shortly thereafter within the Investor Relations section of the Company's website at www.horacemann.com.
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