March 9- American International Group Inc said on Thursday Chief Executive Peter Hancock plans to step down, a move that comes more than a year after billionaire investor Carl Icahn called for a breakup of the company. The Wall Street Journal reported last month that the company's board was discussing whether to penalize or oust Hancock over a major setback to...
*Fundraising would buy time ahead of planned IPO in China. HONG KONG, March 6- Zhong An Online Property and Casualty Insurance plans to sell 5-10 percent of the company to a couple of strategic investors, to raise up to 10 billion yuan, ahead of a planned initial public offering in mainland China, according to four people with direct knowledge of the matter.
Feb 27- American International Group Inc's directors are discussing whether to penalize or oust Chief Executive Peter Hancock over a major setback in the insurance firm's turnaround plan, the Wall Street Journal reported, citing people familiar with the matter. AIG's net loss widened to $3.04 billion, or $2.96 per share, in the fourth quarter ended Dec. 31, from...
Feb 27- American International Group Inc's directors are discussing whether to penalize or oust Chief Executive Peter Hancock over a major setback in the insurance firm's turnaround plan, the Wall Street Journal reported, citing people familiar with the matter. Fifteen directors are expected to debate on various potential actions at a board meeting in...
CNBC’s Kelli Grant explains how you can make sure your homeowners’ insurance is ready to weather the cold.
Although it's important to have insurance to protect against risk, there is a cost — not just in dollars — to carrying too much coverage.
Allstate said it would buy SquareTrade for about $1.4 billion from a group of shareholders that include Bain Capital.
Most people know they need home, auto and health insurance, but confusion arises with non-required coverage, such as long-term care.
British Land CEO, Chris Grigg, explains why he won’t comment on market rumors when asked about whether he’s selling his stake in the Leadenhall Building.
Following the property management firm’s earnings, British Land CEO Chris Grigg talks about how the company is faring following the Brexit vote.
CNBC’s Gemma Acton talks about the challenging market conditions and price issues for U.K. property firms following the country’s vote to leave the European Union.
Following its earnings report, Land Securities CEO Robert Noel discusses the state of the commercial property market in light of Brexit.
Land Securities CEO Robert Noel talks about the company’s outlook, especially with the uncertainty surrounding Brexit.
Marcus & Millichap CEO Hessam Nadji says there is “not a clear choice” when it comes to which presidential candidate will be more beneficial on U.S. real estate.
M&G will reopen its £4 billion U.K. commercial real estate fund on Friday after suspending it in July, post-Brexit. CNBC’s Gemma Acton has the details.
What can the likes of Milan and Rome offer when it comes to property? COIMA CEO, Manfredi Catella discusses, while commenting on Brexit.
Talking about the Italian property market, COIMA CEO Manfredi Catella looks at how natural disasters could impact the market, considering recent earthquakes.
Persimmon CEO, Jeff Fairburn, talks about the cautious sentiment the house-building firm has over new land investment, following the Brexit vote.
Northacre CEO, Niccolo Barattieri di San Pietro talks about the state of the property market following the U.K.'s decision to leave the European Union.
More people are buying coverage that gives them discounts if they provide data on their driving performance.