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  • China's Ping An Buys Fortis Stake for $2.7 Billion Thursday, 29 Nov 2007 | 5:07 AM ET

    Ping An Insurance (Group), China's No.2 life insurer, bought a 4.2 percent stake in Dutch-Belgian financial services firm Fortis for $2.7 billion, the latest overseas investment by a Chinese financial firm.

  • Today's Wall Street Journal Heard on the Street column quotes some unnamed "people familiar with the matter" as saying Warren Buffett's Berkshire Hathaway could make big profits by throwing a "lifeline" to bond insurers hurt by excessive fears over credit market losses.

  • Allianz Profit Beats Estimates Despite Dresdner Loss Friday, 9 Nov 2007 | 10:53 AM ET

    Allianz is on course for its 2007 earnings goals despite renewed pain at problem child Dresdner Bank which saw 575 million euros ($845 million) in write-downs in the third quarter and warned of more.

  • AIG Earnings Miss Estimates; Shares Drop Wednesday, 7 Nov 2007 | 5:35 PM ET

    American International Group reported third-quarter earnings of $1.35 per share, sharply missing Wall Street estimates of $1.62.

  • Swiss Re Profit Falls Less than Expected Tuesday, 6 Nov 2007 | 7:00 AM ET

    Net profit at Swiss Re dropped by less than expected in the third quarter, as the world's largest reinsurer benefited from low claims and said damage from a global credit crisis was limited.

  • Munich Re Says May Beat 2007 Profit Target Monday, 5 Nov 2007 | 8:47 AM ET

    Munich Re may beat its 2007 earnings target and has little risk from its remaining subprime investments, the reinsurer said on Monday after lower taxes helped it post a strong rise in third-quarter net profit.

  • Former American International Group chief executive and major stockholder Maurice "Hank" Greenberg said in a filing on Friday that he was considering "strategic alternatives" for the world's largest insurer.

  • Operating earnings at Warren Buffett's Berkshire Hathaway fell slightly in the third quarter, with a big drop in profits for its insurance-underwriting operations.But the company posted a big increase in net earnings due to a $2 billion dollar one-time gain  from sales of investments (PetroChina!)

  • Genentech's Avastin: An "Eye Opening" Disclosure? Thursday, 1 Nov 2007 | 9:44 AM ET

    Yet another chapter in the unfolding saga of Genentech's Avastin being used instead of Lucentis to treat age-related macular degeneration (AMD). The other day I blogged about the new "Open Letter" on the company's homepage announcing that it's delaying the implementation of its attempted crackdown on the cheaper, similar cancer drug being used...

  • Prudential Reports Lower Earnings, Raises Guidance Wednesday, 31 Oct 2007 | 8:02 PM ET

    Prudential Financial, one of the largest U.S. life insurers, said on Wednesday that third-quarter net income fell 25 percent, hurt by investment losses, but operating earnings beat analysts' expectations.

  • MetLife's Third Quarter Flat, Investment Losses Hurt Wednesday, 31 Oct 2007 | 7:58 PM ET

    MetLife, the largest U.S. life insurer, said on Wednesday that net earnings per share were barely changed for the third quarter, as it suffered investment losses, but operating net beatanalysts' estimates.

  • Eli Lilly: Will They Get Lucky With 'One A Day' Cialis? Wednesday, 31 Oct 2007 | 3:36 PM ET
    Eli Lilly

    Today's the day Eli Lilly was expected to get a Food and Drug Administration decision on the first-ever one-a-day impotence drug. Right now, the company sells Cialis for use as needed. But men could pop this one every day--like an aspirin or multi-vitamin--so the drug would always be "on boa

  • Genentech "Sees The Light" On Avastin? Tuesday, 30 Oct 2007 | 1:05 PM ET

    In a remarkably candid "Open Letter" on the homepage of its web site Genentech is taking a step back from implementing its new restrictive policy over the use of the cancer drug Avastin in lieu of Lucentis for age-related macular degeneration (AMD), the leading cause of adult blindness. I had recently blogged about the company's action and angry reader response to it.

  • CNBC's Becky Quick traveled exclusively with Warren Buffett on a whirlwind tour of China and South Korea.  All this morning on Squawk Box, she is reporting in-depth on the trip and what it tells us about Buffett's investment philosophy.  In this excerpt from an interview with Buffett while he and Becky were flying to China, he talks about the prospects for his investment in that country and why the Chinese people should be petitioning to get one particular Berkshire Hathaway product.

  • Humana Profit Rises on Medicare Health Plans Monday, 29 Oct 2007 | 8:34 AM ET

    Humana posted a sharply higher quarterly profit on Monday, above Wall Street's target, on continued strength in its Medicare health plans for the elderly and its plans for employers.

  • Resolution No Longer Favors Standard Life Bid Monday, 29 Oct 2007 | 3:53 AM ET

    British insurer Resolution said on Monday it was dropping its recommendation of a 4.9 billion pound ($10.1 billion) bid from Standard Life, but taking a neutral stance on a rival  bid from Pearl.

  • Insurer Resolution Backs Standard Life Takeover Bid Friday, 26 Oct 2007 | 10:06 AM ET

    British insurer Resolution recommended shareholders accept a $10 billion offer from rival Standard Life on Friday and backed away from its proposed takeover of Friends Provident.

  • California Wildfire Damages Could Top $1.6 Billion Friday, 26 Oct 2007 | 12:27 AM ET
    A Los Angeles County firefighter braces against wind and flames as fire leaps across Rambla Pacifico in the Santa Monica Mountains.

    Insured losses from California wildfires could exceed $1.6 billion if the fires continued tospread, a risk modeling firm said Thursday.

  • AIG Writedown Talk Is Untrue, Faber Says Thursday, 25 Oct 2007 | 3:30 PM ET

    Rumors that American International Group will take a large writedown were disputed Thursday in a report from CNBC's David Faber.

  • Aetna's Profit Rises as Membership Increases Thursday, 25 Oct 2007 | 10:51 AM ET

    Aetna on Thursday posted a better-than-expected third-quarter profit as membership increased, and the health insurer raised its full-year forecast.

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