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June 2006
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Barclays launch pension term assurance direct to the market

by 24-7PressRelease - Jun 14,2006

Consumers set to benefit from great value life assurance as Barclays launch pension term assurance direct to the market   LONDON, ENGLAND, June 14, 2006 - On June 12 Barclays will become the first retail bank to launch an online ... [full story]

Goldman Sachs earnings more than double

by abc News - Jun 13,2006

NEW YORK - Investment bank Goldman Sachs Group Inc. <GS.N> on Tuesday said quarterly profit more than doubled to near-record levels, yet its shares fell as investors fear the good times on Wall Street may be coming to an end. Goldman ... [full story]

Museveni Keen On Health Insurance Scheme

by AllAfrica.com - Jun 30,2006

THE establishment of the Social Health Insurance Scheme this financial year is a top priority for President Yoweri Museveni, the State Minister for Primary Health Care, Dr Emmanuel Otaala , has said. "It is a key item in the President's ... [full story]

'Insurance Sector Should Continue to Fight Fraud, Corruption'

by AllAfrica.com - Jun 02,2006

THE insurance sector should continue to invest resources in the fight against fraud and corruption in the industry, delegates attending Insurance Council of Zimbabwe conference agreed this week. ICZ was already working on the database while consultations with various stakeholders ... [full story]

Nigeria: Lagos Police Foil Another Bank Robbery

by AllAfrica.com - Jun 16,2006

The spate of bank robbery in Lagos State continued yesterday as dare devil gunmen launched attack on another bank in Epe. The onslaught was, however, repelled by the police. Yesterday's attempt at robbing a bank in the state is the third in ... [full story]

HCC to Acquire Novia Underwriters

by AP Associated Press - Jun 30,2006

HOUSTON — HCC Insurance Holdings Inc., which sells specialized property and casualty insurance, on Friday said it agreed to acquire Novia Underwriters Inc., an Indianapolis insurance provider. Financial terms were undisclosed. The deal is expected to close shortly. Novia specializes in medical ... [full story]

Latin American Merger Activity Soars

by AP Associated Press - Jun 27,2006

NEW YORK (AP) - Latin American mergers and acquisitions have leapt in 2006, as investors take stock after a decade of privatizations and market liberalization and opt to buy, sell or reorganize their local assets. Latin American acquisitions have totaled $68.6 ... [full story]

U.S. Probe of China Life Insurance Ends

by AP Associated Press - Jun 08,2006

HONG KONG — China Life Insurance Co., the nation's biggest life insurer by premiums, said Thursday a U.S. Securities & Exchange Commission probe into its affairs has ended and that investigators have not recommended any action against the firm. The disclosure ... [full story]

nworth Buying AssetMark for $230 Million

by AP Associated Press - Jun 29,2006

RICHMOND, Va. (AP) - Holding company Genworth Financial Inc. said Thursday it will acquire AssetMark Investment Services, a provider of outsourced managed account services to independent financial advisors, for $230 million in cash plus additional performance-based payments of up to ... [full story]

Chevrolet Cobalt Tops Survey of the Most Buzz-Worthy New Vehicle for "Gen Y" Youth Market

by Auto Spectator - Jun 07,2006

DETROIT (2006-06-06) - One of Chevy's latest introductions keeps generating buzz among the "Gen Y" crowd. In the latest 2006 AutoVIBES Demographic survey conducted by Harris Interactive ® and Kelley Blue Book Marketing Research, the Cobalt was cited as the ... [full story]

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