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Swiss Life Mulls Bid For Friends Prov Unit: By Clara Ferreira-Marques and Mathieu Robbins LONDON (Reuters UK) - Insurer Swiss Life SLHN is considering a bid for Lombard, the high-end insurance unit of Friends Provident FP, and is already conducting due diligence, sources familiar with the matter said on Friday. Friends Provident, Britain's smallest...; Tags: Insurance Company, Lombard, Friends Provident, Insurance, Business Operations, Corporate Insurance, Oukbs; News items 2008-05-09
Hiscox Says Quarter in Line With Expectations: LONDON (Reuters UK) - London-listed insurer Hiscox HSX said on Monday that sales fell in line with expectations in the first quarter, as increasing competition in big-ticket insurance and reinsurance risks began to bite. The Bermuda-based firm, which is a market leader in art insurance...; Tags: Repayment, Insurance Company, Hiscox, Insurance, Business Operations, Corporate Insurance, Oukbs; News items 2008-05-12
ILFC Considering Split-up From Insurer AIG: NEW YORK (Reuters UK) - International Lease Finance, a unit of American International Group AIG, is worried by the insurer's financial troubles and mulling a split from it, the Wall Street Journal said on Monday, citing people familiar with the matter. Officials at ILFC, a...; Tags: Financial, Insurance Company, ILFC, Insurance, Financial Accounting, Business Operations, Corporate Insurance, American International Group Inc.; News items 2008-05-11
ILFC Considering Split-up From Insurer AIG: Report: NEW YORK (Reuters) - International Lease Finance Corp, a unit of American International Group AIG, is worried by the insurer's financial troubles and mulling a split from it, the Wall Street Journal said on Monday, citing people familiar with the matter....; Tags: Insurance, Financial accounting, International Lease Finance Corp., insurance company, split, New York, financial, quarterly loss, leasing, aircraft, Thomson Reuters Corp., shareholder, agency, income, asset; News items 2008-05-11
RBS Insurance Bidders to Show Cards in May: By Mathieu Robbins LONDON (Reuters UK) - Insurers and buyout firms mulling bids for Royal Bank of Scotland's RBS insurance unit are set to reveal their cards later this month, said sources familiar with the matter on Tuesday. First round bids for the unit are due...; Tags: Card, Insurance Company, RBS, Bidders, Buyout Firm, Insurance, Financial Planning, Business Operations; News items 2008-05-13

Friends Sees No Solution For F&C Stake Quickly: By Clara Ferreira-Marques LONDON (Reuters UK) - Insurer Friends Provident FP is in talks with a "limited range of buyers" regarding the possible sale of its stake in fund manager F&C FCAM, but does not expect to find a solution before the third quarter. Executive Chairman...; Tags: Shareholder, Chairman, Insurance Company, Financial Accounting, Insurance, Finance, Business Operations, Corporate Insurance; News items 2008-05-22
Rescission Scandal Hits Home for Insurers: One of insurers' uglier tactics -- so-called rescission, or the practice of revoking the policies of people who start racking up big medical bills, often on technicalities -- is finally coming back to bite the health plans that pushed the envelope on this front. Late last week,...; Tags: Insurance Company, Health Care, Vertical Industries, Benefits, Healthcare, Insurance, Enterprise Software, Software, Human Resources, Business Operations, Corporate Insurance, David P. Hamilton; Blog posts 2008-05-19
Pension Buyouts Could Hit 10 Billion: LONDON (Reuters UK) - The value of pension buyout deals could hit 10 billion pounds in 2008, a three-fold increase on last year, a report by pensions advisory firm Lane Clarke & Peacock LCP said on Thursday. The first billion-pound pension deal is also just around...; Tags: Liability, Insurance Company, LCP, Insurance, Business Operations, Corporate Insurance, American International Group Inc., Avaya Inc.; News items 2008-05-07
Generali May Be Interested in RBS Units: TRIESTE, Italy (Reuters UK) - Italy's leading insurer Assicurazioni Generali GASI would be interested in two insurance units of bank RBS RBS if they were up for sale, Chairman Antoine Bernheim said on Saturday. "It would be a lie to say we would not be interested,"...; Tags: Insurance Company, Italy, Insurance, Financial Planning, Business Operations, Corporate Insurance, Finance, Oukbs; News items 2008-04-26
Standard Life Says No Plan to Replace CEO: EDINBURGH (Reuters UK) - Insurer Standard Life SL has no plans to replace Chief Executive Sandy Crombie, Chairman Gerry Grimstone told shareholders on Monday, dismissing persistent speculation over succession. Investors and news reports have for months been pointing to a question mark hanging over the...; Tags: Insurance Company, CEO, Standard Life, Insurance, Financial Accounting, IPO, Business Operations, Shareholder; News items 2008-05-19
European Insurers Flag Tough Market in 2008: By Simon Challis LONDON (Reuters UK) - European insurers Munich Re, Old Mutual, Royal & Sun Alliance and Generali warned on Thursday that market conditions would be tough this year, due to rising competition and turbulent financial markets. Munich Re MUVGn, the world's second-largest reinsurer, ...; Tags: RSA Security Inc., Financial Market, Munich, Insurance Company, Generali, Insurance, Sales Strategy, Financial Planning; News items 2008-05-08
To Health Benefits Insurer Requesting Reimbursement For Expenses: Use this template to inform the health benefits insurer about the medical claim of your employee and demanding the check payable to the employee.; Tags: Benefits, Insurance, Vertical industries, health benefit, insurance company, health care; Tools & templates 2008-01-01
Buffett Doubles Down on Embattled Insurers: Lots of people are down on the prospects for many big U.S. health plans, which have been battered by declining enrollment, bad claims management, poor investment performance, and continued run-ins with state insurance regulators. But uber-investor Warren Buffett sees a silver lining somewhere in all that bad news. ...; Tags: Insurance Company, UnitedHealth Group Inc., Berkshire Hathaway Inc., Warren Buffett, Insurance, Financial Planning, Business Operations, Corporate Insurance, Finance, David P. Hamilton; Blog posts 2008-05-18
Electronic Medical Records: Bad for Health?: Electronic Medical Records: Bad for Health?EHRs pros and consSome thoughts on the pros and cons, costs and benefits of EHRS:http://healthblawg.typepad.com/healthblawg/2007/11/ehrphr-pros-and.htmlAlso, on the question of who bears the cost of EHR implementation: malpractice insurers ought to pony up in the form of significant discounts to wired docs; payors ought to pony...; Tags: E-health, Insurance, HEALTHCARE, malpractice insurer, insurance company, eHR, electronic health record, health care; Discussion threads 2008-05-07
WellPoint Posts Lower Quarterly Profit: NEW YORK (Reuters) - Health insurer WellPoint Inc WLP on Wednesday said first-quarter profit slumped on high medical costs, including in its Medicare plans for the elderly, and further cut its 2008 forecast. Net income fell to $588.1 million, or $1.07 per share,...; Tags: Insurance, HEALTHCARE, insurance company, Medicare, health care, New York, quarterly profit, Thomson Reuters Corp., net income, industry; News items 2008-04-23
Three Healthcare Stories From the Week That Was: With the week drawing to a close, here are three healthcare stories you might have overlooked: Thirteen years after House Democrat Louise Slaughter first proposed it, the Genetic Information Nondiscrimination Act, or GINA, finally passed both houses of Congress. President Bush has pledged to sign it. The...; Tags: Insurance Company, Health Care, Vertical Industries, Benefits, Healthcare, Insurance, Enterprise Software, Software, Human Resources, Business Operations, Corporate Insurance, David P. Hamilton; Blog posts 2008-04-25
MBIA Posts Huge Loss on Credit Derivatives: By Dan Wilchins NEW YORK (Reuters) - MBIA Inc MBI, the world's largest bond insurer, posted a quarterly loss of $2.4 billion on Monday as it took charges on billions of dollars of exposure to bonds linked to subprime mortgages. But MBIA's beaten-down...; Tags: Investment, MBIA Inc., bond, insurance company, payout, mortgage, impairment, S&P, quarterly loss, insurance, housing market, derivatives, Thomson Reuters Corp., New York, private equity, dividend, analyst, agency, security; News items 2008-05-12
Insurers Slam Plans For Post-N. Rock Reform: By Clara Ferreira-Marques LONDON (Reuters UK) - Insurance companies, one of the Britain's largest shareholder groups, have told the government that plans to swoop in early on ailing banks could hurt investors and hit confidence in London as a financial hub. The government, reeling from the...; Tags: Bank, Shareholder, Financial, Insurance Company, Depositor, Government, Financial Accounting, J.P. Morgan Chase & Co.; News items 2008-04-24
Buffett Says Bought $4 Bln of Auction-rate Debt: By Joan Gralla and Jonathan Stempel OMAHA, Nebraska (Reuters) - Warren Buffett on Saturday said his Berkshire Hathaway BRKa BRKb holding company bought $4 billion of auction-rate securities during the market's recent distress. Speaking at Berkshire's annual shareholder meeting, Buffett also...; Tags: Investment, Financial Planning, Warren Buffett, Berkshire Hathaway Inc., bond, insurance company, municipal bond, distress, Omaha, Nebraska, interest rate, insurance, investor, Thomson Reuters Corp., shareholder, security, job; News items 2008-05-03
Buffett Says Bought $4 Bln of Auction-rate Debt: By Joan Gralla and Jonathan Stempel OMAHA, Nebraska (Reuters UK) - Warren Buffett on Saturday said his Berkshire Hathaway BRKa BRKb holding company bought $4 billion (2 billion pounds) of auction-rate securities during the market's recent distress. Speaking at Berkshire's annual shareholder meeting, Buffett also...; Tags: Bond, Insurance Company, Berkshire Hathaway Inc., Warren Buffett, Buffett, Berkshire Hathaway Assurance, Ambac Financial Group Inc., MBIA Inc.; News items 2008-05-03