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  • European Stocks to Watch Tuesday, 20 Mar 2007 | 9:49 AM ET

    Here some of Tuesday's big movers on European stock markets:Whitbread, Storebrand, Iberia, ABN Amro, Barclays, Friends Provident, Technical Olympic and Deutsche Post.

  • Fund Arm F&C Weighs on Friends Provident Profit Tuesday, 20 Mar 2007 | 5:20 AM ET

    British insurer Friends Provident's headline profits slipped 3% in 2006 as lower earnings from its asset management arm offset strong volumes and a jump in new business profits.

  • State Farm Agrees to Re-examine Cases in Mississippi Monday, 19 Mar 2007 | 1:01 PM ET

    State Farm Fire & Casualty Co. has agreed to re-examine more than 35,000 policyholder claims filed following Hurricane Katrina and to 'make millions of dollars available' for additional payments, Mississippi Insurance Commissioner George Dale said Monday.

  • Investment Strategist: What You Should Do Now Friday, 9 Mar 2007 | 9:04 AM ET

    Henry McVey was "not really" surprised by the Feb. 27 market meltdown. But then, the chief U.S. investment strategist for Morgan Stanley says he'd seen the omens in January. He joined CNBC's Maria Bartiromo to discuss what might come next -- and how he's preparing for it.

  • Converium in Talks with White Knight Bidders Friday, 9 Mar 2007 | 3:13 AM ET

    Swiss reinsurer Converium is looking for rival bidders to fend off Scor's hostile takeover attempt but has not yet received any firm offers, the company said on Friday.

  • Insurer Beazley Posts Record Profit in 2006 Wednesday, 7 Mar 2007 | 4:41 AM ET

    Lloyd's of London insurer Beazley Goup made record pretax profit in 2006, helped by low catastrophe claims and good investment returns, it said on Wednesday.

  • General Electric to Sell $2.9 Billion Swiss Re Stake Thursday, 1 Mar 2007 | 6:36 AM ET

    Swiss Re said General Electric would divest its stake worth around 3.5 billion Swiss francs ($2.9 billion), selling half to Swiss Re and placing the other half in the market.

  • Standard Life Names Grimstone as Next Chairman Thursday, 1 Mar 2007 | 3:00 AM ET

    UK life insurer Standard Life said on Thursday that Gerry Grimstone has been appointed as chairman-elect to take over from Brian Stewart.

  • Converium Seeks Support to Duck Takeover Wednesday, 28 Feb 2007 | 1:25 PM ET

    Swiss reinsurer Converium Holding  sought shareholder support Wednesday to fend off a takeover bid by French competitor Scor, promising higher future profits and a share buyback should the company remain independent.

  • Munich Re Posts 52% Drop in Fourt-Quarter Profit Wednesday, 28 Feb 2007 | 3:52 AM ET

    Reinsurer Munich Re on Wednesday said its fourth-quarter profit dropped by 52% because of a dip in its net investment income.

  • In 2002, the U.S. government enacted the Terrorism Risk Insurance Act, creating a Federal backup for insurers in the wake of the Sept. 11, 2001 attacks. TRIA expires at year's end. "Power Lunch" guests debated whether it's still a valuable instrument -- or has degenerated into "corporate welfare."

  • Scor Makes Hostile Bid for Converium Tuesday, 27 Feb 2007 | 1:51 AM ET

    Scor, the French reinsurance company, launched a hostile bid for the remaining shares in Converium Monday, Scor’s Zurich-based rival, but investors held out for more than the $2 billion on offer, Reuters reported. The proposed merger would create one of the world's top five reinsurers.

  • Axa's 2006 Profit Beats Predictions, Rising 18% Thursday, 22 Feb 2007 | 3:12 AM ET

    French insurance giant AXA said Thursday that improving sales in its life insurance and asset management businesses helped lift 2006 profit 18%.

  • Insurer Allianz Says Fourth-Quarter Net Rose 57% Thursday, 22 Feb 2007 | 3:06 AM ET

    Insurer Allianz on Thursday said fourth-quarter profit rose 57% as fewer claims were made.

  • Converium Rejects $2.5 Billion Offer from Scor Monday, 19 Feb 2007 | 7:06 AM ET

    Swiss reinsurer Converium Holding  said Monday it rejected an unsolicited 3.1 billion Swiss franc ($2.5 billion) offer for the business from Scor, France's largest reinsurer.

  • Working With The Weather Thursday, 15 Feb 2007 | 1:39 PM ET

    Much of the nation took a walloping from the weather in the past week. Some businesses did better than others, partly because of long-range forecasting. But even with the latest technology, it’s still a slippery slope.

  • ING Report Record Fourth-Quarter Profit Thursday, 15 Feb 2007 | 8:59 AM ET

    ING Groep, the Dutch bank and insurance company, posted a 14% rise in profit Thursday, mostly due to strength in its insurance arm and lower tax rates.

  • Standard Life 2006 Sales Rise Wednesday, 7 Feb 2007 | 7:01 AM ET

    Standard Life posted one of the U.K. sector's strongest growth rates for 2006 as new pension rules at home helped lift full-year sales by 47% and the insurer said it expected the momentum to continue into 2007.

  • Aviva Says Worldwide Sales Rose 22% Tuesday, 6 Feb 2007 | 6:09 AM ET

    Aviva, the world's fifth-largest insurance group based on gross premiums, said Tuesday worldwide sales rose 22 percent in 2006, boosted by the acquisition of AmerUS in the United States.

  • Both Swiss Re and HSBC are reacting to the current state of the London commercial property market by arranging deals which cash in on their prime real estate.

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