1. IRDA seeks status report from Tata AIG

Insurance regulator IRDA today asked insurance provider Tata AIG to clarify if it was solvent in the wake of reports that the venture's American partner AIG was in deep financial trouble. The venture was conspicuously silent and no comments...

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2. Sun Life Financial statement on Lehman holdings

In response to today's announcement by Lehman Brothers Holdings Inc. ("Lehman") of its intent to file a Chapter 11 bankruptcy petition, Sun Life Financial Inc. (TSX/NYSE: SLF) today announced that it holds $334 million par value of...

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3. Quit smoking and save on life insurance

Moneyfacts.co.uk has revealed that the price of life insurance is half of what is was 10 years ago. A price war between insurers and other providers such as supermarkets offering cheaper insurance has meant that life insurance is much cheaper than...

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4. AXA Announces the Subscription Prices for its 2008 Employee Share Offering (Shareplan 2008)

The subscription prices for AXA's 2008 employee share offering (Shareplan 2008) have been determined by the Management Board on September 15, 2008. The subscription prices are based on a reference price of euro 21.47, which is equal to the...

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5. Subprime crisis lawsuits hit unprecedented levels

America’s subprime mortgage crisis has reached an unprecedented level according to a report released this week. Navigant Consulting reveal in a report that more federal lawsuits have been filed as a result of subprime mortgages than were filed...

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