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4 July 2009 year (time zone GMT 00:00)  Number of sources in English: 4957
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Financial Failure Tops Supply Chain Risks Says Aon UK

04.07.2009 13:51    insurancejournal.com
A bulletin from Aon UK in London notes that "financial failure poses the greatest risk to global supply chains," according to 75 percent of the companies who participated in Aon's "2009 Risk in ...


Brown Named CEO of Aon Limited

04.07.2009 13:51    insurancejournal.com
Aon Limited, the UK subsidiary of Chicago-based Aon, announced the appointment of Rob Brown as CEO, subject to the approval of the UK's Financial Services Authority (FSA).He will continue in ...

Indiana Warns Insurance Agents About Potential Scam

04.07.2009 13:51    insurancejournal.com
Indiana Department of Insurance has issued a warning to Indiana licensed agents to be aware of a potential scam targeting them.The Department has received reports from other states that ...

Flagstone Re Makes Offer for IPC Re

04.07.2009 13:51    insurancejournal.com
Bermuda-based Flagstone Reinsurance Holdings Limited has tossed its hat into the ring of potential merger partners for IPC Re. The company announced that it has made an offer to the Board of IPC ...


Keeling Named Guy Carp President, CEO - International Operations

04.07.2009 13:51    insurancejournal.com
Guy Carpenter & Company announced that it has named Henry Keeling as President & Chief Executive Officer of International Operations, effective August 1, 2009. He will also chair Guy ...

Nigeria: FG Should Not Experiment With the Appointment of Sec DG

04.07.2009 13:29    allafrica.com
The federal government should not experiment with the appointment of a new Director-General of the Securities and Exchange Commission (SEC) by appointing a learner, says a senior capitala market operator.

Nigeria: Bullish Trend Persists, Share Value Rises By N81 Billion

04.07.2009 13:29    allafrica.com
The bullish trend in the Nigerian capital market continued for the third day running, Wednesday, as gains on the share prices of majority of the listed equities, drove up the market capitalisation and All-share index by 1.33 per cent each.

Nigeria: Stock Market Gains N140 Billion

04.07.2009 13:29    allafrica.com
Trading activities on the floor of the market closed on bullish note with market capitalization gaining N139.633 billion to close at N6.125 trillion.

Zimbabwe: African Sun Warms to JSE Listing

04.07.2009 13:29    allafrica.com
ZIMBABWE Stock Exchange (ZSE) listed African Sun Limited will seek a secondary listing on the Johannesburg Stock Exchange (JSE) by the end of the year, CEO Shingi Munyeza said.

Nigeria: Julius Berger Returns to Ota Flyover

04.07.2009 13:28    allafrica.com
Construction giant, Julius Berger Plc, has finally returned and commenced work on the abandoned bridge in Ota, Ogun State, and the road project, following release of N1.5 billion from the 2009 Appropriation Act.

Rwanda: OTC Market Quiet

04.07.2009 13:28    allafrica.com (2)
The Rwanda Over The Counter (OTC) market was quiet as no transactions were recorded.

HARP Guidelines Allow for 125% LTV. Originators Still Skeptical

04.07.2009 13:24    mortgagenewsdaily.com
The Home Affordable Refinance Program was designed to assist borrowers who have demonstrated an acceptable payment history on their existing Fannie Mae or Freddie Mac owned mortgage loan. Unfortunately due to rising unemployment levels and increasing foreclosure rates, demand for

The Day Ahead: Markets Hesitant Ahead of Employment Data

04.07.2009 13:24    mortgagenewsdaily.com
Markets are edging lower ahead of the 8:30 release of Nonfarm Payrolls. A lot is hanging on this report as many forecasts for the economy are dependent on the direction of the labor market. Many look for signs of stabilization

Mid-Day Recap: Labor Reports Send Markets into Freefall

04.07.2009 13:24    mortgagenewsdaily.com
The pace of losses in the labor market had been moderating for four months but in June nearly half a million jobs vanished from the economy, in contract to widespread expectations. The Bureau of Labor Statistics said 467,000 jobs were

Mortgage Performance: Fighting Rising Rate of Foreclosures with Loan Modifications

04.07.2009 13:24    mortgagenewsdaily.com
A joint report from the OCC and OTS, which includes 64% of all outstanding mortgages, shows that instances of delinquency continued to increase in the second quarter. Particularly of note is the increasing growth rate of delinquencies among loans backed...()

Mixed Data for Real Estate, ISM Index Improves

04.07.2009 13:24    mortgagenewsdaily.com
Three data releases at 10:00 failed to sing in tune with each other. A key indicator of output showed some improvement but is still contracting overall, and while contracts for home purchases are on the rise, spending on the construction

The Day Ahead: Markets Optimistic Ahead of Big Day

04.07.2009 13:24    mortgagenewsdaily.com
The first trading session of the third quarter is a heavy one for markets. Just one day ahead of the June employment figures, markets will get the closely watched ISM Manufacturing Index, the Pending Home Sales Index, the ADP private

Mortgage Applications Nosedive in Late June

04.07.2009 13:24    mortgagenewsdaily.com
Demand for mortgage loans simply plummeted in the final week of June, even as mortgage rates once again moderated, according to a weekly industry index. The Mortgage Bankers Association said the Market Composite Index, a measure of loan application volume...()

Celtic Leasing Fundraiser Honors Fallen American Heroes

04.07.2009 13:11    abcmoney.co.uk
More than $30,000 donated to the Intrepid Fallen Heroes Fund. Fund supports the families of soldiers lost in the performance of their duty, provides physical rehabilitation to severely injured American soldiers.

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