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Our-insurance.blogspot.com news digest

  • 10 years

    Westpac Buys Lloyds Assets as Rules Encourage Asia Retreat

    Westpac Banking Corp. (WBC) agreed to buy Lloyds Banking Group Plc (LLOY)’s Australian assets as tighter capital rules following the 2008 financial crisis prompt European and U.S. lenders to retreat from the Asia-Pacific region.
    The transaction valued at A$1.45 billion ($1.37 billion) includes an A$8.4 billion leasing and corporate loan portfolio, Sydney-based Westpac, Australia’s second-largest lender by market value, said today in a statement. Macquarie Group Ltd. (MQG) and...

  • 10 years

    L&G bids for Co-op's household business

    Legal & General has tabled a bid for the Co-operative Group’s household insurance book, according to reports. Sky News reports that L&G is not interested in the mutual’s motor insurance book, an approach which is forcing the Co-op to consider...

  • 10 years

    Glitches Mar Rollout Of Health Care Marketplaces

    Technical glitches continued to plague the first day of healthcare signups for the Affordable Care Act -- more commonly known as Obamacare -- on Tuesday, with the healthcare.gov website at times temporarily shutting down. Republican critics of the healthcare...

  • 10 years

    The Key players of Bettencourt scandal

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Web host: Google LLC
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Updated: June 29, 2023
Expires: July 31, 2024
Created: July 31, 2000

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