Insurance
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*China due to post more April data in afternoon trade. HONG KONG, May 13- Hong Kong shares were knocked off a near three-month high on Monday as China's biggest underwriter by revenue, Ping An Insurance, fell sharply after a three-month ban was imposed on its brokerage unit for helping list a fraudulent Chinese company.
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NEW YORK, May 12- Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45 million ATM heist face an uncertain path in trying to recover their losses, financial, insurance and legal experts say.
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NEW YORK, May 12- Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45 million ATM heist face an uncertain path in trying to recover their losses, financial, insurance and legal experts say.
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WASHINGTON, May 10- The federally subsidized crop insurance program, the costliest part of the U.S. farm safety net, would spin off at least three new types of coverage and could cost 10 percent more under draft farm bills pending in the U.S. House of Representatives and Senate.
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OKLAHOMA CITY-- A consulting firm hired by Oklahoma to help answer the question of how to insure 200,000 people without health coverage told the state's Medicaid board Thursday that an existing program could be used to build a broader system by 2015..
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Italian insurer Assicurazioni Generali reported first quarter earnings that beat expectations on Friday, results which the group's chief executive called "solid" as restructuring starts to pay off.
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.160x105.jpg?v=1368113691 "Execs' Cushy Health Insurance May Trigger Fines")
Under Obamacare, employers offering more generous benefits to highly paid workers could face fines of $100 a day for every worker who doesn't get the perks, up to $500,000.
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NEW YORK, May 9- Greenlight Capital's David Einhorn told his investors that the hedge fund closed its longstanding "short" position in bond insurer MBIA Inc. in the first quarter.
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NEW YORK, May 9- Greenlight Capital's David Einhorn told his investors that the hedge fund closed its longstanding "short" position in bond insurer MBIA Inc. in the first quarter.
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Hank Greenberg, the former head of insurance giant AIG, tells CNBC about building AIG from a small domestic insurance company into the mammoth global player that it became.
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*Sony forecasts steady op profit of 230 bln yen for year to March 31. TOKYO, May 9- Sony Corp's bid for revival as a consumer electronics maker this business year will hinge on the fortunes of its latest smartphones, as it struggles with shrinking sales of its TVs, digital cameras and game consoles.
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*Sony forecasts steady op profit of 230 bln yen for year to March 31. TOKYO, May 9- Sony Corp forecast a drop in sales of cameras and game machines this business year as its consumer gadget business struggles despite a rebound in profit to five-year highs and a boost from the weak yen.
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May 8- The Obama administration on Wednesday revealed what hospitals charge for medical procedures commonly performed on Medicare beneficiaries including the elderly and disabled. But analysts note that the charges are much higher than the prices that Medicare and private health insurers actually pay for hospital service.
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NEW YORK, May 8- MBIA Inc agreed to pay Societe Generale $350 million to settle litigation over the bond insurer's restructuring, a person familiar with the case told Reuters on Wednesday.
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NEW YORK, May 8- MBIA Inc agreed to pay Societe Generale $350 million to settle litigation over the bond insurer's restructuring, a person familiar with the case told Reuters on Wednesday. An MBIA spokesman declined comment, and a spokesman for Societe Generale did not immediately return a call for comment.
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CHICAGO, May 07 Fitch Ratings has affirmed the' A' Issuer Default Rating of Aetna Inc. and the' AA-' Insurer Financial Strength ratings of various Aetna insurance operating subsidiaries and removed the ratings from Rating Watch Negative.
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By Peter Maushagen and Marilyn Gerlach. But the results have been mixed at best and Germany's biggest airline has suspended its dividend and slashed costs as part of a painful strategic overhaul overseen by his successor, Christoph Franz.
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NEW YORK, May 7- Goldman Sachs Group Inc must face fraud claims brought by CIFG Assurance North America. The New York State Supreme Court's Appellate Division, First Department, reversed on Tuesday, finding that CIFG had done enough by having an outside consultant analyze the loans.
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LONDON, May 7- Generali's private bank BSI attracted bids below its estimated 2.3 billion Swiss francs book value, four people familiar with the situation said on Tuesday.
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NEW YORK, May 7- David Einhorn's Greenlight Capital has added to its investment position in Apple Inc, Einhorn, the hedge fund's president, said on Tuesday. "We've added to our Apple position. Now we just wait for the release of Apple's next blockbuster product, "Einhorn said on a conference call for his Cayman Island- based reinsurer Greenlight Capital Re Ltd.