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Top pvt life insurers shut 1,500 branches in 2 years
With “profitable growth” replacing “expansion drive” as the buzzword in the sector, the country’s top private life insurers have significantly reduced branches and employees over the last couple of years to cut costs and improve efficiency. ICICI Prudential, the second largest private life insurer in the country, has reduced its branches by nearly a half from 1,923 to
With “profitable growth” replacing “expansion drive” as the buzzword in the sector, the country’s top private life insurers have significantly reduced branches and employees over the last couple of years to cut costs and improve efficiency. ICICI Prudential, the second largest private life insurer in the country, has reduced its branches by nearly a half from 1,923 to
AIG posts $3.2B profit in 1Q, up more than twofold
Insurer American International Group, which came close to collapsing during the financial crisis before being bailed out by the federal government, said Thursday that its profit grew more than
New York Fed sells portion of AIG's bad assets
The Federal Reserve Bank of New York says it has sold a portion of the toxic mortgage securities it assumed in 2008 from American International Group as part of the massive taxpayer bailout of the
San Diego area school shooter sentenced to life
A gunman who injured two second-graders when he opened fire on a crowded elementary school playground near San Diego was sentenced Friday to life in prison.
A gunman who injured two second-graders when he opened fire on a crowded elementary school playground near San Diego was sentenced Friday to life in prison.
Warren Buffett has prostate cancer, sees no danger
Berkshire Hathaway Inc Chief Executive Warren Buffett said he has stage 1 prostate cancer but his condition "is not remotely life-threatening or even debilitating in any meaningful way."
Berkshire Hathaway Inc Chief Executive Warren Buffett said he has stage 1 prostate cancer but his condition "is not remotely life-threatening or even debilitating in any meaningful way."
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