International Business News - GNW http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Shares of insurance companies fluctuated Friday afternoon as the broader market fell and XL Capital Ltd. became the latest insurer to disclose third-quarter losses. http://www.ibtimes.com/articles/20081010/sector-snap-insurance-companies-fluctuate.htm Fri, 10 Oct 2008 11:25:23 EDT If the recent need for cash at three of the nation's largest insurers is any sign, third-quarter earnings reports from the sector are likely to show profit declines and losses driven by credit-related investments. http://www.ibtimes.com/articles/20081009/insurers-expected-to-show-big-3q-profit-declines.htm Thu, 09 Oct 2008 16:21:37 EDT Bank stocks fell Thursday amid news that the Bush administration is considering taking part ownership in a number of U.S. banks in its continued effort to help prop up ailing financial institutions. http://www.ibtimes.com/articles/20081009/sector-snap-bank-stocks-mostly-fall.htm Thu, 09 Oct 2008 17:46:29 EDT Shares of insurance companies remained mixed Wednesday afternoon as investors fears grew that insurers may need to raise capital to avoid damaging downgrades from rating agencies. http://www.ibtimes.com/articles/20081008/sector-snap-insurance-companies-mixed.htm Wed, 08 Oct 2008 14:42:22 EDT Shares of insurance companies mostly tumbled Monday afternoon along with the broader market as investors fears grew that the ongoing credit crisis will dampen economies globally. http://www.ibtimes.com/articles/20081006/sector-snap-insurance-companies-tumble.htm Mon, 06 Oct 2008 15:36:28 EDT Shares of major insurers advanced Friday upon the Congressional approval for a major bailout of the financial sector and news American International Group Inc. plans to sell off a number of business units to pay off its government loan. http://www.ibtimes.com/articles/20081003/insurers-higher-on-aig-rescue-plan-vote.htm Fri, 03 Oct 2008 13:39:24 EDT Shares of insurers mostly fell Thursday amid overall market uneasiness about the economy and whether the financial bailout package will be able to help the economy avoid a recession. The remarks also came a day after Senate majority leader Harry Reid said a major insurer is on the verge of going bankrupt, but analysts generally said that was not moving the financial sector or the overall market. http://www.ibtimes.com/articles/20081002/insurers-fall-on-sen-reids-bankruptcy-comments.htm Thu, 02 Oct 2008 12:55:26 EDT Shares of insurers mostly fell Thursday amid overall market uneasiness about the economy and whether the financial bailout package will be able to help the economy avoid a recession. The moves also came a day after Senate majority leader Harry Reid said a major insurer is on the verge of going bankrupt, but analysts generally said that was not moving the financial sector or the overall market. http://www.ibtimes.com/articles/20081002/insurers-fall-on-sen-reids-bankruptcy-comments.htm Thu, 02 Oct 2008 15:21:01 EDT Standard & Poor's Ratings Services on Wednesday lowered some of its ratings for Genworth Financial Inc.'s business units following the insurer's announcement that it is exploring strategic alternatives for its domestic mortgage insurance operations, including a possible spin-off. http://www.ibtimes.com/articles/20081001/s-p-downgrades-genworth-financial-ratings.htm Wed, 01 Oct 2008 16:40:25 EDT Shares of insurance companies mostly fell Wednesday, a giving back some of the previous day's gains as investors awaited a Senate vote on a proposed government bailout of the financial sector. http://www.ibtimes.com/articles/20081001/sector-snap-insurers-mostly-fall-with-market.htm Wed, 01 Oct 2008 14:18:41 EDT Among the stock activity stories for Tuesday, Sept. 30, from AP Financial News: NEW YORK (AP)--Shares of RC2 Corp. fell on Tuesday, after the maker of toys and infant products ended its bid for Publication's International's children's publishing unit amid a difficult credit-market environment. http://www.ibtimes.com/articles/20080930/movers-roundup-rc2-fleetwood-enterprises.htm Tue, 30 Sep 2008 15:04:00 EDT Shares of insurance companies mostly rose Tuesday as Wall Street snapped back after its biggest sell-off as investors sought bargains, hopeful that the government will come up with a new plan to rescue Wall Street after a proposed $700 billion bailout was rejected by the House of Representatives the day before. http://www.ibtimes.com/articles/20080930/sector-snap-insurers-mostly-rise-with-market.htm Tue, 30 Sep 2008 14:46:40 EDT Shares of Genworth Financial Inc. climbed Tuesday after the mortgage insurer said it is considering various strategic alternatives for its U.S. mortgage-insurance business, including a possible spinoff. http://www.ibtimes.com/articles/20080930/genworth-climbs-on-possible-sale-of-insurance-unit.htm Tue, 30 Sep 2008 12:53:32 EDT Mortgage insurer Genworth Financial Inc. said Tuesday that it is considering various strategic alternatives for its U.S. mortgage-insurance business including a possible spin off, sending shares sharply higher in premarket activity. http://www.ibtimes.com/articles/20080930/genworth-reviews-us-mortgage-insurance-business.htm Tue, 30 Sep 2008 09:26:00 EDT Among the sector activity stories for Friday, Sept. 26, from AP Financial News: CHARLOTTE, N.C. (AP)--The drama at American International Group Inc. has created large opportunities for competitors such as Ace Ltd., Chubb Corp. and Genworth Financial Inc. to steal away AIG's clients. But don't expect any company's earnings to rise significantly as a result, an analyst said Friday. http://www.ibtimes.com/articles/20080926/sector-roundup-insurance-drybulk-shipping.htm Fri, 26 Sep 2008 14:40:22 EDT The drama at American International Group Inc. has created large opportunities for competitors such as Ace Ltd., Chubb Corp. and Genworth Financial Inc. to steal away AIG's clients. But don't expect any company's earnings to rise significantly as a result, an analyst said Friday. http://www.ibtimes.com/articles/20080926/insurers-to-take-some-of-aigs-market-share.htm Fri, 26 Sep 2008 13:30:22 EDT A Deutsche Bank analyst says Genworth Financial Mortgage Insurance Corp. has enough capital to maintain its "AA" credit rating, and a downgrade would not put the mortgage insurer at a "disadvantage." http://www.ibtimes.com/articles/20080926/ahead-of-the-bell-genworth-well-capitalized.htm Fri, 26 Sep 2008 11:06:49 EDT Shares of insurance companies were mixed Tuesday, with the broader market fluctuating after a huge sell-off as top economic officials updated Congress about efforts to hammer out a $700 billion financial rescue for troubled credit markets. http://www.ibtimes.com/articles/20080923/sector-snap-insurers-mixed-on-financial-rescue.htm Tue, 23 Sep 2008 13:30:55 EDT Shares of insurance companies fell sharply Monday, giving back much of the gains registered in Friday's overall market run-up after a week of heightened concern over the future of the nation's financial system. http://www.ibtimes.com/articles/20080922/sector-wrap-insurers-slide-on-bailout-worries.htm Mon, 22 Sep 2008 16:48:14 EDT Among the stock activity stories for Monday, Sept. 22, from AP Financial News: NEW YORK (AP)--Shares of Secure Computing Corp. jumped Monday after security software maker McAfee Inc. agreed to buy the network security company in a deal valued at $465 million. http://www.ibtimes.com/articles/20080922/movers-roundup-secure-computing-merrill-lynch.htm Mon, 22 Sep 2008 14:35:26 EDT