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New Straits Times 9 March 2010 WASHINGTON: US life insurance giant MetLife will acquire a unit of American International Group in a US$15.5-billion-deal that will help AIG pay back part of its government bailout, the firms said yesterday. MetLife will take over American Life Insurance Company (Alico) in a deal that will comprise US$6.8 billion in cash plus some US$8.7 billion in MetLife stock, they said in separate statements. For more news update, please login - Member Section - Reference materials - Newspaper Clipping 2010 |
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Last Updated ( Friday, 26 March 2010 )
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The Star 9 March 2010 TOKYO: Daiichi Mutual Life Insurance said its initial public offering (IPO), likely to be the biggest in two years, would raise as much as 1.1 trillion yen (US$12bil) at the top of a tentative price range, roughly in line with expectations. The offering, the world's largest after credit card firm Visa Inc's US$19.7bil IPO in 2008, comes after Japan's IPO market fell to a near two-decade low last year. For more news update, please login - Member Section - Reference materials - Newspaper Clipping 2010 |
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Last Updated ( Friday, 26 March 2010 )
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The Star 9 March 2010 Deal involves US$6.8b cash and US$8.7b in equities NEW YORK: American International Group Inc (AIG) agrees to sell a division to MetLife Ins for US$15.5bil in the bailed-out company's second divestiture of a non-US life unit this month. MetLife would pay US$6bil in cash and US$8.7bil in equity securities for American Life Insurance Co, the buyer said yesterday in a statement distributed by Business Wire. For more news update, please login - Member Section - Reference materials - Newspaper Clipping 2010 |
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Last Updated ( Friday, 26 March 2010 )
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Utusan Malaysia 9 Mac 2010 KUALA LUMPUR 8 Mac - Kurnia Insurans hari ini muncul sebagai syarikat insurans kenderaan pertama yang menggunakan Perniagaan Automotif Pintar ISM (ISM-ABI) untuk menaja jamin insurans kenderaan. ISM-ABI adalah sistem penilaian bebas kenderaan yang diluluskan oleh Bank Negara Malaysia (BNM) dan Persatuan Insurans Am Malaysia (PIAM) tahun lalu, dan disediakan oleh Insurance Services Malaysia Bhd. (ISM). For more news update, please login - Member Section - Reference materials - Newspaper Clipping 2010 |
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Last Updated ( Friday, 26 March 2010 )
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Utusan Malaysia 9 Mac 2010 KUALA LUMPUR 8 Mac - Tune Money Sdn. Bhd (Tune Money), pengendali sehenti khidmat kewangan dalam talian milik kumpulan Tune, akan meluaskan lagi perniagaan insurans dalam taliannya dengan pelancaran produk barunya iaitu pelan insurans Perjalanan Tune. Direka bentuk bagi memenuhi keperluan semua jenis pengembara sama ada untuk tujuan perniagaan atau melancong, insurans tersebut boleh diperoleh dalam dua pilihan. For more news update, please login - Member Section - Reference materials - Newspaper Clipping 2010 |
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Last Updated ( Friday, 26 March 2010 )
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The Star 8 March 2010 By DALJIT DHESI PETALING JAYA : An acute shortage of talent in the local takaful market, coupled with two new takaful licences to be issued this year in line with the financial sector liberalisation, are expected to put a dampener on the Government's move to turn Malaysia into an international Islamic financial hub. An industry observer, who declined to be named, told StarBiz that for the two takaful start-ups to run efficiently, they would need around 100 to 200 people in the first two years of operations. For more news update, please login - Member Section - Reference materials - Newspaper Clipping 2010 |
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Last Updated ( Monday, 08 March 2010 )
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