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NewAlliance Down $900k In Q3
Wednesday, October 29, 2008 (156 reads)
NewAlliance Bancshares, holding company for New Haven-based New Alliance Bank, has reported a 7.6 percent dip in year-over-year third quarter net income.
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Aetna Q3 Profit Falls On Investment Losses
Wednesday, October 29, 2008 (98 reads)
Hartford health and life insurer Aetna said investment losses sent third-quarter profit tumbling 44 percent year-over-year, and prompted the company to cut its full-year outlook as the global economy remains volatile.
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Travelers Slams Insurers Seeking U.S. Aid
Tuesday, October 28, 2008 (274 reads)
Property insurer Travelers Cos Inc told the U.S. Treasury Tuesday it has no plans to seek federal financial assistance and slammed other insurers which are, saying aid should be saved for more "acute" circumstances.
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Enterprise Risk Management Remains Elusive
Tuesday, October 28, 2008 (112 reads)
Insurers worldwide are finding it challenging to fully implement essential risk and capital management processes that would allow them fully utilize new enterprise risk management (ERM) methods, according to a survey by Stamford-based Towers Perrin.
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Acquisition Financing Difficult To Find
Tuesday, October 28, 2008 (128 reads)
Most buyers and sellers of small businesses believe it will become harder for buyers to obtain acquisition financing over the coming months, according to a recent survey.
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