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Financial Services
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New structures revive market for cat bonds

by BusinessInsurance.com - Apr 02,2009

  NEW YORK—New catastrophe bonds featuring improved structures and tighter collateral requirements have kick-started the struggling insurance-linked securities sector, despite higher prices for sponsors to issue the bonds. The latest deal, a $150 million cat bond planned by German insurer Allianz ... [full story]

Lincoln National says it can make $500M payment, shares rebound a bit

by Philly Biz Journal - Apr 01,2009

Financial services company Lincoln National Corp. on Tuesday erased some the steep decline in its shares from Monday after it said it would be able to pay off $500 million in debt soon. Lincoln, whose shares dropped 38 percent Monday, saw ... [full story]

F.D.I.C. Chief Urges Changes in Financial Oversight

by AP Associated Press - Mar 20,2009

WASHINGTON (AP) The head of the Federal Deposit Insurance Corporation said Thursday that the government’s strategy in the financial crisis of bailing out huge institutions deemed “too big to fail” must be replaced by a new model. The official, Sheila C. ... [full story]

Risk Assessment In Recession Can Save A Company, Says Expert

by National Underwriter - Mar 19,2009

Evaluating a corporation’s risk exposure during this time of economic upheaval can not only save money but could also mean the difference between surviving and not, according to experts at Marsh. The insurance brokerage addressed the topic in a survey, ... [full story]

Section 408 – Real Estate Investing with Tax-Deferred Dollars

by Insurance Headlines - Mar 19,2009

No doubt the current status of the stock market is greatly affecting your IRA and perhaps has started to change your outlook on the future and your retirement.  Are you searching for answers? Perhaps you are feeling a bit trapped ... [full story]

What if the government bailed out of the bailouts?

by AP Associated Press - Mar 18,2009

NEW YORK (AP) — What if the government got out of the bailout business? The idea certainly seemed all right with throngs of Americans who were outraged by news that American International Group paid out millions of dollars in executive bonuses ... [full story]

Treasury Mortgage Plan Eliminates Mortgage Insurance

by Reuters - Feb 24,2009

Washington, February 20 - The Obama Administration's plan to make it easier for up to 5 mln homeowners to refinance their homes will eliminate a mortgage insurance requirement for certain loans, according to an outline of the program provided by ... [full story]

US regulator: Mortgage insurance cos still important

by Reuters - Feb 23,2009

WASHINGTON, (Reuters) - Federal Housing Finance Agency chief James Lockhart said on Thursday U.S. mortgage insurance companies remain an important part of the national housing finance system. "They're very important," Lockhart said, speaking about the insurance companies that underwrite a share ... [full story]

Mortgage Market Volatility Impact Seen Light On Insurers

by National Underwriter - Feb 04,2009

The volatility roiling the residential real estate market and the economy in general may impact the commercial mortgage markets, according to several industry sources. But reverberations for insurance companies should be minor, they said. The International Council of Shopping Centers, ... [full story]

Wealth is the result of Good Financial Decisions

by Insurance Headlines - Jan 23,2009

Experts say that it is unlikely that coming generations will have pensions, social security or retirement health benefits.   Alan Greenspan in a senate review on 7/20/05 said, "Retirees will need 80% of their income level to have a comfortable life ... [full story]

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