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Aig To Focus On Property, Casualty Business - Cnn Money
new york (cnnmoney.com) -- the beleaguered insurance giant aig announced plans friday to hold onto its property and casualty insurance businesses, while selling off the rest of the company to pay its massive debt to the federal government. american ...
money.cnn.com

Aig To Keep Core Insurance, Sell Assets To Pay U.s. Loan
american international group inc , crippled by losses on bad mortgage bets, said on friday it will focus on its main insurance operations and put the rest of its businesses up for sale to repay up to $85 billion borrowed from the u.s. government.
news.yahoo.com

Insurance Stocks Bounce Back
big life insurance stocks finished the day higher friday, with metlife and hartford financial services leading the way after suffering steep losses thursday.
money.cnn.com

Aig Plans Sale Of Business Units - Detroit Free Press
charlotte, n.c.-- the insurer american international group inc. said today it plans to sell off a number of business units to pay off its massive government loan, while retaining its u.s. property and casualty and foreign general insurance businesses ...
www.freep.com

Insurance Stocks Bounce Back - Cnn Money
new york (cnnmoney.com) -- big life insurance stocks surged friday, with metlife and hartford financial services leading the way after suffering steep losses thursday. shares of hartford ( hig , fortune 500 ) soared 18%, recovering a bit from its 32 ...
money.cnn.com

Aig To Keep Core Insurance, Sell Assets To Pay U.s. Loan
new york (reuters) - insurer american international group inc (aig.n), crippled by losses on bad mortgage bets, said on friday it will focus on its core insurance operation and put the rest of its businesses up for sale to repay up to $85 billion borrowed from the u.s. government.
www.washingtonpost.com

Aig To Sell U.s., Overseas Life Units To Repay Loan (update3)
oct. 3 (bloomberg) -- american international group inc ., the insurer forced to peddle businesses to repay an $85 billion government loan, will sell its life insurance and retirement operations in the u.s., europe, latin america and japan.
www.bloomberg.com

Aig To Keep Core Insurance, Sell Assets To Pay U.s. Loan - Reuters India
new york (reuters) - insurer american international group inc, crippled by losses on bad mortgage bets, said on friday it will focus on its core insurance operation and put the rest of its businesses up for sale to repay up to $85 billion borrowed ...
in.reuters.com

Genworth Faces A Downgrade - Cnn Money
charlotte, n.c. (ap) -- moody's investors service has placed on review for possible downgrade the debt ratings of genworth financial inc. following the insurer's announcement that it is exploring strategic alternatives related to its domestic ...
money.cnn.com

Aig To Focus On Core Insurance Units, Plans Sale Of Rest
american international group says it will sell off a number of business units, while retaining its u.s. property and casualty and foreign general insurance businesses, in an effort to become a smaller, more nimble company.
www.usatoday.com

Genworth Says It May Spin Off Mortgage Insurance Business
genworth financial says it may spin off its mortgage insurance business as the insurer tries to reduce its exposure to the housing crisis.
www.marketwatch.com

Aig To Sell U.s., Overseas Life Units To Repay Loan (update3) - Bloomberg
oct. 3 (bloomberg) -- american international group inc ., the insurer forced to peddle businesses to repay an $85 billion government loan, will sell its life insurance and retirement operations in the u.s., europe, latin america and japan. aig, once ...
www.bloomberg.com

Genworth Climbs On Possible Sale Of Insurance Unit - Boston Globe
charlotte, n.c.— 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. shares of genworth spiked ...
www.boston.com

Genworth Reviews Us Mortgage Insurance Business
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.
biz.yahoo.com

Genworth Considers Options For Loan Insurance Business
genworth financial inc. said tuesday that it is considering "strategic alternatives" for its u.s. mortgage insurance unit, including a spinoff or sale.
www.financial-planning.com

Moody's: Some Us Life Insurer Ratings May Be Cut - Cnbc
moody's investors service warned friday it may downgrade credit ratings on some u.s. life insurers as a financial crisis takes a toll on their investment returns. shares and bonds of life insurers rebounded from a sharp sell-off on thursday, however ...
www.cnbc.com

Aig To Sell Off Business Units; Retains Us Property And Casualty ... - Minneapolis Star Tribune
the draw down was quick and i hope well used. my concern in these bailouts is the internal oversite by the same folks that created the mess … read more in the first place. buying mortgage bundles, with "no doc" loans, low current rates, five year ...
www.startribune.com

Sector Snap: Insurance Sector Rallies
shares of insurers mostly rose friday recovering some lost ground from the day before when the market questioned house passage of the economic bailout plan and comments by a congressional leader raised concerns of an insurance company bankruptcy.
biz.yahoo.com

Bailout Hopes Rise As More 'no' Votes Switch
angry citizen! , bluejacket (10/2/2008 7:50:13 am) i took my medicine yesturday, when i mailed my mortgage payment, my homeowners insurance (insured for a mil should my dog bite anyone), flood insurance, crop and herd insurance, and life insurance so my sons will be able to pay the federal government when i die so they won't loose the farm- now i'll do it for scores of others.....
www.tulsaworld.com

Financial Foundation Begins With Life Insurance - Elburn Herald
in the ever-changing world of financial products and services, life insurance is sometimes viewed as a product out-of-step with the times. in the arena of modern financial products, life insurance is perceived to be about as stylish as a nixon/agnew ...
elburnherald.com