Edition:
United Kingdom

Suzanne Barlyn

AIG swings to loss, hit by catastrophes and volatile market

13 Feb 2019

American International Group Inc on Wednesday reported a quarterly loss as the insurer was hit with catastrophe losses and made a lower return on investments in a volatile market.

Investors taking stock of whether AIG will hit profit target

13 Feb 2019

As American International Group Inc reports its fourth-quarter results on Wednesday, investors will be looking to see if the insurer is closing in on an elusive profit target.

Prudential Financial misses fourth-quarter earnings estimates

07 Feb 2019

Prudential Financial Inc on Wednesday missed analysts' estimates for fourth-quarter results, reporting a 12 percent drop in adjusted quarterly operating income.

CORRECTED-Prudential Financial operating profit drops 12 pct

06 Feb 2019

Feb 6 Prudential Financial Inc on Wednesday reported a 12 percent drop in adjusted operating income, partly due to a loss in its individual life insurance business and declines in other units.

MetLife to pay N.Y. regulator $19.7 mln for unpaid pensions

29 Jan 2019

U.S. insurer MetLife Inc will pay a $19.75 million penalty to New York State's insurance regulator after revealing that it had failed to pay pensions to over 13,000 people, the regulator said on Monday.

Insurance losses for California wildfires top $11.4 billion

29 Jan 2019

SACRAMENTO, Calif./NEW YORK The deadliest and most destructive California wildfires in a century caused insurers more than $11.4 billion in losses, the state's insurance regulator said Monday.

UPDATE 2-MetLife to pay N.Y. regulator $19.7 mln for unpaid pensions

28 Jan 2019

Jan 28 U.S. insurer MetLife Inc will pay a $19.75 million penalty to New York State's insurance regulator after revealing that it had failed to pay pensions to over 13,000 people, the regulator said on Monday.

U.S. government shutdown gives banks rare public relations opportunity

25 Jan 2019

WASHINGTON The U.S. government shutdown has handed banks a rare opportunity to tout their nicer side as they prepare for rough treatment under a Democrat-controlled House of Representatives.

U.S. government shutdown gives banks rare public relations opportunity

25 Jan 2019

WASHINGTON, Jan 25 The U.S. government shutdown has handed banks a rare opportunity to tout their nicer side as they prepare for rough treatment under a Democrat-controlled House of Representatives.

Market rout overshadows business growth for U.S. life insurers

25 Jan 2019

U.S. life insurers are expected to report messy fourth-quarter results starting next week, with their massive investment portfolios getting hit by tumultuous markets.

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