<?xml version="1.0" encoding="iso-8859-1"?><?xml-stylesheet href="http://www.congoo.com/css/rss.css" type="text/css" media="screen"?><rss version="2.0"><channel><title>Insurance-industry News - Congoo</title><link>http://www.congoo.com/feed/newschannelsfeed.aspx?chid=5&amp;catid=148</link><description>News Feed for - Insurance-industry</description><item><title>UPDATE 1-AIG board OKs CEO pay, as Benmosche agrees to stay</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96323533&amp;Channel_ID=5&amp;Category_ID=148</link><pubDate>2009-11-25T00:07:00</pubDate><description>NEW YORK, Nov 24 (Reuters) - American International Group Inc, the insurer that received billions of dollars in a U.S. bailout, has been authorized by its board to pay Chief Executive Robert Benmosche's </description><source>Forbes.com</source></item><item><title>UPDATE 4-US FDIC fund falls into red, Bair urges lending</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96403838&amp;Channel_ID=5&amp;Category_ID=148</link><pubDate>2009-11-25T00:46:00</pubDate><description>* FDIC insurance fund has Q3 negative $8.2 bln balance * Banking industry has Q3 profit of $2.8 bln * Thrift industry reports slight profit, first in 2 years (Recasts first two paragraphs to include problem </description><source>Reuters</source></item><item><title>AIG Implements Robert Benmosche's Compensation Deal - Quick Facts</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96416681&amp;Channel_ID=5&amp;Category_ID=148</link><pubDate>2009-11-25T00:24:00</pubDate><description>(RTTNews) - American International Group, Inc. (AIG: News ) announced that it is implementing Robert Benmosche's compensation agreement. AIG disclosed the agreement on August 17th, 2009, in a Form 8-K </description><source>RTTNews.com</source></item><item><title>Insurers eye hefty growth in unit-linked product revenues</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96440210&amp;Channel_ID=5&amp;Category_ID=148</link><pubDate>2009-11-25T03:04:00</pubDate><description>Investment-linked insurance products will continue to drive up growth in the insurance industry, which next year is estimated to generate Rp 120 trillion (US$12.6 billion) in premium incomes, a grouping </description><source>Jakarta Post</source></item><item><title>Analysts call for clarity on insurance over fears of 'under-valuation'</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96437765&amp;Channel_ID=5&amp;Category_ID=148</link><pubDate>2009-11-25T02:13:00</pubDate><description>The accounting measures used to value insurers are leading to an "under-valuation" of companies across the sector, according to industry analysts. By Jamie Dunkley Published: 12:01AM GMT 25 Nov 2009 In </description><source>Telegraph</source></item><item><title>MetLife's international head confirms interest in AIG, ING assets</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96437325&amp;Channel_ID=5&amp;Category_ID=148</link><pubDate>2009-11-25T02:09:00</pubDate><description>US insurance group MetLife is interested in buying Latin American assets belonging to troubled insurers AIG and ING, Chilean daily El Mercurio reported MetLife International president William Toppeta </description><source>Advisen FPN</source></item><item><title>La. Regulator: State's Insurers Can't Cancel Some Policies on Tainted Drywall</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96437323&amp;Channel_ID=5&amp;Category_ID=148</link><pubDate>2009-11-25T02:09:00</pubDate><description>Louisiana Insurance Commissioner Jim Donelon said the state's insurers will not be able to cancel policies related to tainted drywall manufactured overseas if the policyholder has been with the company </description><source>Advisen FPN</source></item><item><title>Federal Insurance Office Debate on Tap for After Thanksgiving</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96347608&amp;Channel_ID=5&amp;Category_ID=148</link><pubDate>2009-11-25T02:09:00</pubDate><description>Establishing a Federal Insurance Office will be on the U.S. House Financial Services Committee's agenda when it returns from the Thanksgiving holiday. The committee did not take up the issue of establishing </description><source>Advisen FPN</source></item><item><title>Economic Trough Leaves Marine Insurers in the Doldrums</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96323957&amp;Channel_ID=5&amp;Category_ID=148</link><pubDate>2009-11-25T02:09:00</pubDate><description>As it approaches the task of rate-setting for a new fiscal year next February, the marine insurance market may find it difficult to get price increases adequate to make up for investment losses amid a </description><source>Advisen FPN</source></item><item><title>Delia's Posts Net Loss in Quarter</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96306153&amp;Channel_ID=5&amp;Category_ID=148</link><pubDate>2009-11-25T02:04:00</pubDate><description>Posts Net Loss in Quarter ChiefMarketer Network: Search Site Mail/Postal advertisement - Delia's Posts Net Loss in Quarter Delia's Posts Net Loss in Quarter Nov 24, 2009 4:04 PM Delia's Inc. posted a </description><source>Direct</source></item><item><title>Why Insurance Mandate Is Constitutional</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96424845&amp;Channel_ID=5&amp;Category_ID=148</link><pubDate>2009-11-25T00:16:00</pubDate><description>Is Congress going through the ordeal of trying to enact health care reform only to have one of the main pillars</description><source>Investors Business Daily</source></item><item><title>Najib: No plans to scrap insurance for old cars</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96401260&amp;Channel_ID=5&amp;Category_ID=148</link><pubDate>2009-11-25T00:05:00</pubDate><description>THE Government has no plans to scrap third party insurance and insurance coverage for old cars valued at RM10,000 and below, Finance Minister Datuk Seri Najib Tun Razak said. He said the people faced </description><source>TheStar.com.my</source></item><item><title>BRIEF: Drug charges against insurance agent dropped</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96369915&amp;Channel_ID=5&amp;Category_ID=148</link><pubDate>2009-11-25T00:16:00</pubDate><description>Drug charges were dropped late Monday against insurance agent James "Don" Bullard after a pill police seized from his house turned out not to be ecstasy. Charges of drug possession, selling ecstasy and </description><source>Individual.com</source></item><item><title>Fairfax Establishes New Brazilian Insurer</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96416737&amp;Channel_ID=5&amp;Category_ID=148</link><pubDate>2009-11-25T00:16:00</pubDate><description>Fairfax Financial Holdings Limited (TSX: FFH)(TSX: FFH.U) announced today that it has received preliminary regulatory approval from the Superintendence of Private Insurance in Brazil (SUSEP) for the establishment </description><source>Individual.com</source></item><item><title>UMB Financial Corp. (UMBF) Chairman and CEO J Mariner Kemper sells 5,618 Shares</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96427515&amp;Channel_ID=5&amp;Category_ID=148</link><pubDate>2009-11-25T00:30:00</pubDate><description>Chairman and CEO of UMB Financial Corp. (UMBF) sells 5,618 shares of UMBF on 11/23/2009 at an average price of $39.99 a share. UMB Financial Corporation is a bank holding company. The company's subsidiaries </description><source>Guru Focus</source></item><item><title>John Hancock Tax-Advantaged Dividend Income Fund Reports Earnings for October 31, </title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96416884&amp;Channel_ID=5&amp;Category_ID=148</link><pubDate>2009-11-25T00:16:00</pubDate><description>the John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) (the "Fund"), a closed-end fund managed by John Hancock Advisers, LLC, changed its fiscal year-end date from December 31 to October 31. </description><source>Individual.com</source></item><item><title>Oroye Family Petitions Police AIG Over Invasion of Property</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96421871&amp;Channel_ID=5&amp;Category_ID=148</link><pubDate>2009-11-25T02:51:00</pubDate><description>Mrs. Ejueyitichie Oroye's family has petitioned the Assistant Inspector-General of Police, Zone 5, Benin over alleged illegal invasion of a property on 6, Boyo Road, Sapele, Delta State, by one Joseph </description><source>Individual.com</source></item><item><title>Endsleigh Travel Insurance Reveals a Hidden UK Gem</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96429529&amp;Channel_ID=5&amp;Category_ID=148</link><pubDate>2009-11-25T01:49:00</pubDate><description>-- Snowdonia sounds like a mythical land, a land full of intrigue and unimaginable beauty, and truth be told it is. Endsleigh travel insurance reveals the hidden treasures Snowdonia takes its name from </description><source>PRWeb via Yahoo!</source></item><item><title>Update: Manulife Acquires 49% Stake in China-based ABN AMRO TEDA</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96405742&amp;Channel_ID=5&amp;Category_ID=148</link><pubDate>2009-11-25T00:16:00</pubDate><description>(Corrects company name as ABN AMRO TEDA throughout.) Manulife Financial Corp. [66866] is expanding into China's asset management business by acquiring a stake in China-based ABN AMRO TEDA Fund Management </description><source>Individual.com</source></item><item><title>Eric Gold Joins Sterne Agee</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96333846&amp;Channel_ID=5&amp;Category_ID=148</link><pubDate>2009-11-25T00:50:00</pubDate><description>'s Fixed-Income Credit Research team and will follow the Telecommunications, Media and Cable sectors. Gold began his career at Grantchester Securities, then worked at Forest Investment, BlackRock and </description><source>Individual.com</source></item><item><title>Of insurance and RON95</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96440247&amp;Channel_ID=5&amp;Category_ID=148</link><pubDate>2009-11-25T03:05:00</pubDate><description>KUALA LUMPUR - Third-party insurance and insurance coverage for old cars valued at RM10,000 and below would continue indefinitely, spelling a piece of good news for the motoring public. Finance Minister </description><source>Malaysian Mirror</source></item><item><title>Critical Alerts for AIG, Baidu.com, PPG, Jefferies Group, and Valeant Pharmaceuticals </title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96399020&amp;Channel_ID=5&amp;Category_ID=148</link><pubDate>2009-11-25T03:13:00</pubDate><description>Seven Summits Research issues PriceWatch Alerts for AIG, BIDU, PPG, JEF, and VRX. Seven Summits Strategic Investments' PriceWatch Alerts are available at http://www.iotogo.com/s/112409A (Note: You may </description><source>Individual.com</source></item><item><title>Friends Provident CFO Evelyn Bourke on driving a pensions super-group</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96407919&amp;Channel_ID=5&amp;Category_ID=148</link><pubDate>2009-11-25T02:08:00</pubDate><description>Resolutions purchase of Friends Provident has opened a world of opportunities for CFO Evelyn Bourke and she has her sights set on the captains chair</description><source>Computer Active</source></item><item><title>CSC Honors Insurance and Self-Insured Firms Summary 15 insurance and self-insured </title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96328548&amp;Channel_ID=5&amp;Category_ID=148</link><pubDate>2009-11-25T02:10:00</pubDate><description>CSCrecently announced that 15 insurance and self-insured organizations received awards for innovation and leadership in the areas of technology, quality enhancement and collaboration at CSC's Connect </description><source>Business Intelligence Network</source></item><item><title>Edelweiss, Tokio Marine ink insurance JV</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96314898&amp;Channel_ID=5&amp;Category_ID=148</link><pubDate>2009-11-25T02:53:00</pubDate><description>After Dai-ichi, Tokio Marine will be the second Japanese life insurer to enter India, report CNBC-TV18's Neha Bothra and Priyal Guliani. Tokio Marine today announced a Rs 550 crore joint venture with </description><source>Moneycontrol.com</source></item></channel></rss>