International Business News - TRV 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 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 Consumers are growing more satisfied with their auto insurance, but not so with their homeowners insurance, a survey by J.D. Powers and Associates shows. http://www.ibtimes.com/articles/20081006/satisfaction-gap-with-home-car-insurance-widens.htm Mon, 06 Oct 2008 14:10:25 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 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 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 finished mostly higher Friday--after extending a rally that began Thursday--as investors were heartened by a temporary ban on short selling and the federal government's plans to help rescue banks burdened by souring mortgage debt. http://www.ibtimes.com/articles/20080919/insurance-stocks-rally-on-governments-moves.htm Fri, 19 Sep 2008 16:39:58 EDT The drama at American International Group Inc. has created large opportunities for competitors such as Ace Ltd., Chubb Corp. and Travelers Cos. to steal away AIG's clients. But depending on who snaps up AIG businesses, clients may opt to keep their business right where it is, an analyst said Thursday. http://www.ibtimes.com/articles/20080918/aig-clients-await-news-of-business-sales.htm Thu, 18 Sep 2008 19:00:30 EDT Shares of major insurance companies mostly rose Thursday, as an analyst said several insurance companies now have an opportunity to gain market share as a result of American International Group Inc.'s credit woes. http://www.ibtimes.com/articles/20080918/sector-snap-insurance-stocks-mostly-rise.htm Thu, 18 Sep 2008 14:00:47 EDT Goldman Sachs Group Inc. analyst Thomas Cholnoky on Wednesday upgraded Travelers Cos. to "Buy" from "Neutral," on expectations that the insurer will be able to capitalize on weakness at American International Group Inc. http://www.ibtimes.com/articles/20080917/ahead-of-the-bell-travelers-upgraded-by-goldman.htm Wed, 17 Sep 2008 08:57:26 EDT Shares of major insurance companies mostly rose Tuesday as the Federal Reserve kept its key interest rate unchanged at 2 percent. However, American International Group Inc., one of the world's largest insurers, tumbled for a second straight day as it looks for money to stay in business. http://www.ibtimes.com/articles/20080916/insurers-mostly-rise-aig-down-after-rate-decision.htm Tue, 16 Sep 2008 15:10:52 EDT Shares of major insurance companies mostly rose Tuesday morning, even as American International Group Inc., the world's largest insurer, tumbled for a second straight day. http://www.ibtimes.com/articles/20080916/insurance-stocks-mostly-rise-but-aig-tumbles.htm Tue, 16 Sep 2008 10:33:54 EDT An analyst upgraded shares of Chubb Corp. and Travelers Cos. on Tuesday, saying the property and casualty insurers stand to gain from the troubles at rival American International Group Inc. http://www.ibtimes.com/articles/20080916/ahead-of-the-bell-chubb-travelers-upgraded.htm Tue, 16 Sep 2008 09:21:08 EDT Shares of major insurance companies slid Monday morning amid concern the world's largest insurer could need up to $40 billion to shore up its balance sheet. http://www.ibtimes.com/articles/20080915/insurance-stocks-slide-on-aig-lehman.htm Mon, 15 Sep 2008 10:03:34 EDT A small change in Hurricane Ike's course just before it crashed into the Texas coast Saturday may have spared the state and the nation from significantly worse economic damage. http://www.ibtimes.com/data/articleimgs/129633-ike-texas.jpg http://www.ibtimes.com/articles/20080913/economic-damage-from-ike-may-be-less-than-feared.htm http://www.ibtimes.com/articles/20080913/economic-damage-from-ike-may-be-less-than-feared.htm Sat, 13 Sep 2008 19:25:10 EDT Shares of major insurance companies traded mostly lower Friday, as Hurricane Ike made its way to the Texas Gulf Coast and financial stocks declined amid worries about the health of balance sheets across Wall Street. http://www.ibtimes.com/articles/20080912/sector-snap-insurance-stocks-lower-ahead-of-ike.htm Fri, 12 Sep 2008 14:18:42 EDT Shares of major insurance companies traded mostly lower Thursday, as Hurricane Ike made its way to the Texas Gulf Coast and as financial stocks logged steep declines amid worries about the health of balance sheets across Wall Street. http://www.ibtimes.com/articles/20080911/sector-snap-insurance-stocks-lower-ahead-of-ike.htm Thu, 11 Sep 2008 12:41:02 EDT Shares of major insurance companies traded mixed Wednesday, as investors remain concerned about whether American International Group Inc. has adequate capital reserves. http://www.ibtimes.com/articles/20080910/sector-snap-insurance-stocks-mixed-ahead-of-ike.htm Wed, 10 Sep 2008 13:55:02 EDT