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Phoenix Investment Spin-Off Hires CBRE Exec
Thursday, September 18, 2008 (161 reads)
Phoenix Investment Partners, the asset management arm of Hartford’s The Phoenix Cos., has hired the chief financial officer of CBRE Realty Finance in Hartford to serve in the same capacity.
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Gen Re Warns Against Over-Reliance On Risk Modelers
Thursday, September 18, 2008 (163 reads)
Attendees of a recent seminar on catastrophe risk management sponsored by Stamford insurance consultancy Gen Re Intermediaries were urged to rely more upon sound underwriting policies rather than risk-modeling alone.
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GE Seen As Insulated From Financial Meltdown
Thursday, September 18, 2008 (171 reads)
The anxiety over the U.S. financial system has spread far beyond Wall Street to infect any company that's involved in loans, finance and credit, even dragging down the value of huge conglomerate General Electric Co.
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National Jobless Claims Rise On Delayed Gustav Data
Thursday, September 18, 2008 (98 reads)
The number of U.S. workers filing new claims for jobless benefits rose unexpectedly by 10,000 last week, as the first wave of job losses from Hurricane Gustav rolled in after reporting delays in Louisiana, the Labor Department reported Thursday.
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Hartford Retail Vacancy Generally Low
Wednesday, September 17, 2008 (155 reads)
Retail vacancy rates in the greater Hartford area fluctuated from district to district, but were mostly lower over the past 20 months than in previous periods, according to a new report from Massachusetts-based KeyPoint Partners.
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Analyst: GE Doesn't Need To Sell Credit Unit
Wednesday, September 17, 2008 (280 reads)
An analyst at Stern, Agee & Leach Inc. said Tuesday that Fairfield-based General Electric Co. does not need to sell its private label credit card business given the market's instability.
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