International / HDI-Gerling : new branch opening in Ireland AIG / International : hopes for favourable solution in Taiwan AIG unit bid defended by Hong Kong group ERGO in Korea’s insurance market Arista 21% growth on 2009 Taiwan rejects Hong Kong group’s bid for AIG unit Report : Buffett has eyes on British insurance business Market / Participation : Axa cuts stake in Goldman Sachs Market : Generali eyeing acquisitions in India, Vietnam EU eyes new rules to supervise financial giants Italian insurer Generali’s profit soars German insurer Allianz says net profit plunged in Q2 AIG reports 2.66-billion-dollar quarterly loss Insurer Zurich posts 76-percent profit jump in first quarter Insurer Aviva says profits climb in first half Reinsurer Swiss Re says it weathers oil spill costs with big profit Insurer Axa says capital loss cuts profits 29.0 percent XL Insurance announced quarterly dividend of $0.10 per ordinary share Ratings agency Fitch affirmed Lloyd’s A+ rating Aon declares its quarterly dividend Market : Insurer Baloise buys Belgian Avero for 75 million euros AIA wants to split from US parent : report Insurance comparison : A £12m profit for Go Compare in 2009 AIG: Chinese consortiums eye AIA takeover Aon to buy Hewitt for $4.9 billion, creating HR giant New British venture eyes state-rescued bank assets Maiden Holdings announces agreement to acquire GMAC International Insurance Services Wall Street bill boosts Obama reform legacy Europe should tax banks whatever G20 decides: commissioner Bailed out insurer American Insurance Group and China Strategic Holdings have agreed to extend the deadline for completing AIG’s planned $2.2 billion sale of its Taiwan unit Europe braces for the release of bank stress tests Zurich Financial has signed an agreement to acquire 80% of PT Mayapada Life, a Indonesian life insurer AXA UK : The deal with Resolution would result in a one-off writedown of 1.4 billion euros ($1.7 billion) in 2010, Aon Named Best Global Broker by Euromoney Magazine for Third Straight Year Aon named best global broker by Euromoney magazine Aon helps lenders maximize the value of foreclosed property through risk management MMA Insurance names Newcastle team Prudential’s Thiam vows to regain trust after AIA failure Greeks protest against pensions reform Hungary seeks to calm financial fears Prudential chief faces shareholders after failed takeover Prudential dismisses speculation about resurrecting AIA deal Swiss insurer Zurich takes foothold in Indonesia Chinese banking giant ICBC to open branch in Belgium All of the UK’s major credit card providers treat any form of gambling activity on a credit card as a cash withdrawal Spanish banks strain to borrow abroad US recovery on track despite European debt concerns Chinese banks and insurers sign a 23 billon dollar refinery deal in Nigeria ING reports 3.2-billion-euro exposure to Greek bonds German insurer Allianz reports 3.3 billion euros in Greek holdings Dutch bank and insurance group ING returns to profit, cautions vigilance China backs insurer Ping An’s acquisition plan Samsung Life’s IPO draws huge response from investors German banks, insurers may lend Athens 1 billion euros IMF proposes global bank tax plans China’s Huijin to issue 80 billion yuan in bonds AIG considers action on Goldman Australian regulator blocks NAB bid for AXA Asia Pacific Post-crisis finance could learn from salmon farms: report Goldman Sachs holds up clean hands over AIG Standard & Poor’s warns Britain of possible rating downgrade Aon Consulting to acquire J.P. Morgan Compensation and Benefit Strategies Swiss insurer Baloise reports profit rise Combined net worth for the State Farm group increased in 2009 by $4.8 billion to end the year at $58.1 billion A challenging year at Groupama UK AXA insurance reports fourfold profit leap Swiss Re edges back to profit-making Brit Insurance announces a consolidation of share capital Aon Corp total revenue rose 9% to $2.07 billion Standard Life announces 7 percent drop in sales during 2009 Aviva sees four quarter sales increase Munich Re increases profit to €2.56bn in 2009 and raises dividend to €5.75 Zurich Financial’s net profit up six percent in 2009 Zurich proposes Josef Ackermann for election to the Board of Directors THB improved its margins and turnover and announces 43% increase in broking profit Friends Provident announces higher with profits final bonus rates Friends Provident International unveils Reserve Advance enhancements Munich Re says 2009 profit up 62 percent AXA to delist from the NYSE to focus trading on Euronext Paris AXA acquires 15% stake in securities brokerage and online banking services provider Prudential Financial’s rated ‘BBB’ by Fitch AIG in talks with Metlife to sell Alico Swiss Re transfers risk from closed block of US individual life reinsurance business to Berkshire Hathaway ING completed sale of its Swiss Private Banking business UBI banca in talks with Aviva to sell stakes Munich RE sees 2010 ROI below 4% Aon Corporation declares quarterly dividend of $0.15 per share Aviva to maintains regular bonus rates Allianz preparing takeover on Swiss Life Financial regulators issue new guidelines to tighten oversight RSA Insurance Group acquires Sweden’s ninth largest insurer ING IM assigned a CMBS primary servicer rating of ‘CPS3+’ by Fitch Singapore’s UOB bank sells insurance unit to Prudential US: Prudential Financial completes sale of minority interest in joint venture Swiss Re obtains $150 million of natural catastrophe protection Aviva Investors acquires US equity manager River Road Asset Management ING completes sale of US reinsurance unit Catlin Group financial strength rated ‘A’ by Standard & Poor’s ING to sell 50% Pacific Antai Life Insurance stake to China Construction Bank Munich Re assists to place $225 million Zurich Financial cat bond