<?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=69&amp;catid=148</link><description>News Feed for - Insurance-industry</description><item><title>Banks earn $2.8B in 3Q; insurance fund in the red</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96403854&amp;Channel_ID=69&amp;Category_ID=148</link><pubDate>2009-11-24T15:12:00</pubDate><description>WASHINGTON -- Banks earned $2.8 billion in the third quarter, but loan balances plummeted and the fund that insures their deposits was $8.2 billion in the red. The Federal Deposit Insurance Corp. says </description><source>Washington Post</source></item><item><title>U.S. FDIC insurance fund falls into the red in 3rd qtr</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96403838&amp;Channel_ID=69&amp;Category_ID=148</link><pubDate>2009-11-24T15:11:00</pubDate><description>* FDIC insurance fund fell to negative $8.2 bln balance * Banking industry has Q3 profit of $2.8 bln * FDIC's Bair optimistic earnings will improve in 2010 WASHINGTON, Nov 24 (Reuters) - The U.S. government </description><source>Reuters</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=69&amp;Category_ID=148</link><pubDate>2009-11-24T15:05:00</pubDate><description>CHICAGO Seven Summits Strategic Investments' PriceWatch Alerts are available at http://www.iotogo.com/s/112409A (Note: You may have to copy this link into your browser then press the [ENTER] key.) Today's </description><source>Forbes.com</source></item><item><title>Scottish Re turns to profit in Q3 - Zibb.com</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96386399&amp;Channel_ID=69&amp;Category_ID=148</link><pubDate>2009-11-24T11:05:00</pubDate><description>Company: Scottish Re Group Ltd (SKRRF) Scottish Re Group has reported a net income attributable to ordinary shareholders of $201.89 million, or $0.92 per diluted share, for the third quarter ended September </description><source>Zibb</source></item><item><title>Carney defends health care vote</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96379276&amp;Channel_ID=69&amp;Category_ID=148</link><pubDate>2009-11-24T13:05:00</pubDate><description>(Source: The Times-Tribune)By Staci Wilson, The Times-Tribune, Scranton, Pa. Nov. 24--MONTROSE -- U.S. Rep. Chris Carney fielded questions from a spirited town-hall audience Monday at the Susquehanna </description><source>I Stock Analyst</source></item><item><title>REFILE-UPDATE 1-Manulife to buy China fund manager stake</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96232968&amp;Channel_ID=69&amp;Category_ID=148</link><pubDate>2009-11-24T14:48:00</pubDate><description>TORONTO, Nov 23 (Reuters) - Canada's top life insurer Manulife said it bought the stake from Fortis 'This accelerates our expansion in China's huge growth market by several years,' Donald Guloien, Manulife's </description><source>Forbes.com</source></item><item><title>C.En Ltd. Completes Financing Round with Generali Group</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96360684&amp;Channel_ID=69&amp;Category_ID=148</link><pubDate>2009-11-24T12:28:00</pubDate><description>ZURICH--(Business Wire)-- C.En Ltd. (www.cenh2go.com), developer of a breakthrough hydrogen storage technology, has announced that it has completed a round of equity financing with global insurance and </description><source>Reuters</source></item><item><title>UK's FSA Needs More 'Macro-Prudential Tools': Turner</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96336017&amp;Channel_ID=69&amp;Category_ID=148</link><pubDate>2009-11-24T12:41:00</pubDate><description>(RTTNews) - Adair Turner, Chairman of Financial Services Authority said the Bank of England has already been given a statutory responsibility for financial stability in response to the crisis and the </description><source>RTTNews.com</source></item><item><title>Citibank, Morgan Stanley, Wells Fargo to handle Dutch Aegon's USD...</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96389737&amp;Channel_ID=69&amp;Category_ID=148</link><pubDate>2009-11-24T11:42:00</pubDate><description>- Dutch insurer Aegon (AMS:AGN) has hired Citibank, Morgan Stanley and Wells Fargo Securities to act as joint bookrunners of its USD500m (EUR334.9m) senior unsecured notes offering, the company said today. </description><source>Zibb</source></item><item><title>No move to scrap insurance agents fee: Govt</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96384483&amp;Channel_ID=69&amp;Category_ID=148</link><pubDate>2009-11-24T10:47:00</pubDate><description>The government is not considering doing away with the commission for insurance agents, the Rajya Sabha was informed today. Minister of State for Finance Namo Narain Meena said 'No' in a written reply </description><source>NDTV Profit</source></item><item><title>Jeff Howell's DIY advice: Homeserve insurance</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96379967&amp;Channel_ID=69&amp;Category_ID=148</link><pubDate>2009-11-24T08:34:00</pubDate><description>Jeff Howell gives it to you straight. This week: Homeserve insurance against problems with water supply pipes. By Jeff Howell Published: 6:55AM GMT 24 Nov 2009 Photo: IAN WHADCOCK INSURANCE NOT NEEDED </description><source>Telegraph</source></item><item><title>Aviva: Jt Brokers Exercise 4.55 Million Delta Lloyd Shares/EUR16</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96375227&amp;Channel_ID=69&amp;Category_ID=148</link><pubDate>2009-11-24T07:50:00</pubDate><description>LONDON -(Dow Jones)- Aviva PLC (AV.LN), the FTSE100 listed U.K. insurance company, said Tuesday Goldman Sachs International and Morgan Stanley , as joint global coordinators of the initial public offering, </description><source>CNN Money</source></item><item><title>Controlling Costs and Driving Agility in the Datacenter: Optimizing Server Infrastructure </title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96281942&amp;Channel_ID=69&amp;Category_ID=148</link><pubDate>2009-11-24T04:15:00</pubDate><description>To help control costs, improve business agility, and remain secure and in compliance, many IT organizations are taking steps to transition to a truly dynamic infrastructure. At the same time, many organizations </description><source>Line56</source></item><item><title>Prudential in equity release move</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96343453&amp;Channel_ID=69&amp;Category_ID=148</link><pubDate>2009-11-24T15:24:00</pubDate><description>Insurance giant Prudential is pulling out of the equity release market in a move that puts 100 jobs at risk. The group's new UK chief executive Rob Devey told staff that the group would stop writing new </description><source>Channel 4 News</source></item><item><title>Bridgepoint Education's Ashford University Enters Into Alliance Agreement With AICPCU </title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96398136&amp;Channel_ID=69&amp;Category_ID=148</link><pubDate>2009-11-24T13:09:00</pubDate><description>SAN DIEGO, Nov. 24 /PRNewswire-FirstCall/ -- Bridgepoint Education, Inc. (BPI), a provider of post-secondary education services focused on providing higher access to higher education, announced today </description><source>Houston Chronicle</source></item><item><title>Insurance.com Offers Bright Spot to Consumers Looking to Save on the Essentials </title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96398127&amp;Channel_ID=69&amp;Category_ID=148</link><pubDate>2009-11-24T13:09:00</pubDate><description>Comparison car insurance quotes from Insurance.com save drivers an average of $536 per year CLEVELAND, Nov. 24 /PRNewswire/ -- It's the holiday shopping season once again, and cash-strapped consumers </description><source>Houston Chronicle</source></item><item><title>Carrefour upgraded to overweight at J.P. Morgan</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96304974&amp;Channel_ID=69&amp;Category_ID=148</link><pubDate>2009-11-24T10:52:00</pubDate><description>Morgan upgraded French supermarket group Carrefour /quotes/comstock/24s!e:ca ( 32.75, +1.20, +3.80%) to overweight from neutral on Tuesday and added it to its analyst focus list. 'We believe there is </description><source>MarketWatch</source></item><item><title>U.S. Fund for Bank Deposit Insurance Falls Into the Red</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96407485&amp;Channel_ID=69&amp;Category_ID=148</link><pubDate>2009-11-24T15:48:00</pubDate><description>The government-administered insurance fund that protects depositors fell $8.2 billion into the red for the first time since the fallout from the savings-and-loan crisis of the early 1990s as the pace </description><source>New York Times</source></item><item><title>UPDATE: AXA Aims To Increase Exposure To ...</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96406313&amp;Channel_ID=69&amp;Category_ID=148</link><pubDate>2009-11-24T15:40:00</pubDate><description>Morningstar.co.uk membership provides you with expert guidance for making better investment decisions. You'll get access to our in-depth fund research, as well as our portfolio and x-ray tool, investment </description><source>Morningstar UK</source></item><item><title>Manulife acquires a 49% stake in ABN AMRO TEDA</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96405742&amp;Channel_ID=69&amp;Category_ID=148</link><pubDate>2009-11-24T15:35:00</pubDate><description>Manulife Asset Management (Hong Kong) Ltd (MAMHK) is buying a 49% stake in China-based ABN AMRO TEDA Fund Management Co for 105 million euros (US$156 million). ABN AMRO TEDA Fund Management Co was established </description><source>Asia Asset Management</source></item><item><title>Lloyds moves out of insurance and jobs</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96404360&amp;Channel_ID=69&amp;Category_ID=148</link><pubDate>2009-11-24T15:24:00</pubDate><description>The Lloyds Banking Group in Buckinghamshire in the UK has informed 570 staff they will have to go. Lloyds has confirmed it will move many of its insurance and pensions linked jobs to Edinburgh and Bristol. </description><source>Argentina Star</source></item><item><title>Novarica: More Insurance Software M&amp;A in 2010</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96401421&amp;Channel_ID=69&amp;Category_ID=148</link><pubDate>2009-11-24T15:02:00</pubDate><description>Mergers and acquisitions in the insurance vertical software solutions industry will accelerate, according to "," a Novarica report published Nov. 19. The report also notes the increased competition of </description><source>Insurance and Technology</source></item><item><title>AEGON (AEG) Announces $500M Unsecured Senior Note Offering</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96299264&amp;Channel_ID=69&amp;Category_ID=148</link><pubDate>2009-11-24T12:01:00</pubDate><description>AEGON (NYSE: AEG) announces the offering of $500 million senior unsecured notes due December 1, 2015. The senior notes are being offered under AEGON's existing shelf registration statement in the United </description><source>Street Insider</source></item><item><title>Aviva Investors' switch to hit jobs</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96398819&amp;Channel_ID=69&amp;Category_ID=148</link><pubDate>2009-11-24T13:15:00</pubDate><description>Aviva Investors is to transfer its Irish investment operations to other parts of its business as part of a restructuring. The investment manager is owned by insurance group Aviva. Aviva Investors says </description><source>RTE Online</source></item><item><title>United States: Chinese Drywall: Background, Scope And Insurance Coverage Implications </title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96397532&amp;Channel_ID=69&amp;Category_ID=148</link><pubDate>2009-11-24T13:06:00</pubDate><description>This handout is intended to provide a general overview of what has been termed the "Chinese drywall problem," and the insurance coverage issues that will likely emerge therefrom.</description><source>Mondaq</source></item></channel></rss>