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Saturday, November 21, 2009
News Making Money

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Swiss Re Signs 20-Year, $1.5 Billion Letter Of Credit With JP Morgan

22/12/2008 00:17 (334 Day 09:32 minutes ago)

The FINANCIAL -- Swiss Re announced on December 22 that it has entered into a USD 1.5 billion long term Letter of Credit (LoC) facility with JP Morgan.

Zurich: Kristof Terryn appointed COO for General Insurance

20/12/2008 01:22 (336 Day 08:27 minutes ago)

The FINANCIAL -- Zurich Financial Services Group (Zurich) announces the appointment of Kristof Terryn (40, Belgian citizen) to the position of Chief Operating Officer for General Insurance (GI), effective January 1, 2009.

Allianz launches a new division for Economic Research and Strategic Development

20/12/2008 01:21 (336 Day 08:28 minutes ago)

The FINANCIAL -- Allianz SE is establishing a new internal consulting division on January 1, 2009, which combines economic research and Allianz's strategic corporate development under one roof.

Vienna Insurance Group: Acquisition of BCR-Insurances in Romania completed

18/12/2008 02:19 (338 Day 07:30 minutes ago)

The FINANCIAL -- Vienna Insurance Group has completed the acquisition of the majority holdings in BCR Asigurari S.A. and BCR Asigurari de Viata S.A. After the approval of the Romanian supervisory authority the transaction was closed.

Preliminary Swiss Re sigma estimates that over 238 000 people were killed by catastrophes in 2008

18/12/2008 02:18 (338 Day 07:31 minutes ago)

The FINANCIAL -- According to initial estimates from the forthcoming Swiss Re sigma study on catastrophes, more than 238 000 people lost their lives to natural catastrophes and man-made disasters in 2008 – the fourth largest number of deaths since 1970.

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Banks
Deutsche Bank's 10th annual charity trading day raises R 2.5m

20/11/2009 17:01 (16:48 minutes ago)

The FINANCIAL -- Deutsche Bank held their 10th annual charity trading day on Wednesday 18th November.

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Politics
Biden Calls for Fulfilling Promises of Rose Revolution

20/11/2009 12:35 (21:14 minutes ago)

The FINANCIAL -- According to Civil Georgia, U.S. Vice President Joe Biden called President Saakashvili on November 18 to discuss democratic reform in Georgia and to reiterate the United States’ strong support for Georgia’s sovereignty and territorial integrity, the White House reported.

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Markets
NASDAQ OMX Stockholm and Valueguard Launch New Housing Price Index

20/11/2009 16:10 (17:39 minutes ago)

The FINANCIAL -- NASDAQ OMX Stockholm AB, part of the NASDAQ OMX Group (NASDAQ:NDAQ), together with Valueguard on November 19 introduced a new suite of housing price index, "NASDAQ OMX Valueguard-KTH Flats" (HOX), based on the price development for privately held flats in Sweden's three largest cities.







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