AIG selling Canada life-insurance arm for $308 million

The News Review:

- AIG selling Canada life-insurance arm for $308 million
- FDIC: Banks must disclose how TARP funds are used
- Give consumers alternative to private medical insurance
- PIM Aviation Insurance awarded contract with K-State
- BNP forms $60 mln insurance tie-up in Taiwan
- A Fresh Call For Health Insurance Reform
- Des Moines area insurance companies plan merger

AIG selling Canada life-insurance arm for $308 million
MarketWatch 
13 2009 SAN FRANCISC (MarketWatch) — American International Group Inc. said Tuesday it agreed to sell off a Canadian life-insurance unit a small step toward the giant insurer’s goal of repaying tens of billions of dollars in government loans.

FDIC: Banks must disclose how TARP funds are used
Bizjournals.com NC 
says banks receiving money from the Troubled Assets Relief Program or taking other capital injections must show how the funds are being used. Under TARP Treasury is buying up to $250 billion in preferred stock issued by U.

Give consumers alternative to private medical insurance
USA Today 
This public plan ? presumably to be offered at cost ? would compete with commercial insurers to provide better service and benefits. Such a plan is a compelling idea for the simple reason that it tests the notion that private health insurance plans operate more efficiently than government.

PIM Aviation Insurance awarded contract with K-State
Bizjournals.com NC 
The contract awarded by the state of Kansas also has the potential for five one-year extensions. Timothy Bonnell Jr. vice president of sales and marketing for PIM says the contract covers the university’s fleet of 35 aircraft all of which are maintained at a 149-acre site at the.
Related from Aviationmonster: DASSAULT AVIATION : “Rafale Care” Maintenance Contract Awarded

BNP forms $60 mln insurance tie-up in Taiwan
Reuters 
PA) announced on Tuesday a formation of a T$2 billion ($60 million) insurance tie-up with Taiwan Cooperative Bank (5854. TW) aiming to tap one of Asia’s top insurance markets. BNP Paribas Assurance.

A Fresh Call For Health Insurance Reform
Hartford Courant United States 
And it wasn’t that she didn’t care about her health. Back when she had health insurance she never missed a physical.

Des Moines area insurance companies plan merger
Chicago Tribune United States 
West Des Moines-based Homesteaders Life Co. and AmericanEnterprise Mutual Holding Co. of Des Moines will merge under theplan with Homesteaders’ seven board members joining AmericanEnterprise’s board. American Enterprises is the holding company of American RepublicInsurance Co.

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