Firm To Acquire ING U.S. Individual Life Re Unit
By Jim ConnollyJim ConnollyScottish Re Group Ltd. will acquire the U.S. individual life reinsurance business of ING Re.[@@]The transaction includes ING's transfer of $800 million in ...
October 18, 2004
Fat-Tailed Butterflies Invade the Finance Faculty LoungeBook Review Mandelbrot, Benoit and Hudson, Richard L. "The (mis)Behavior of Markets: A Fractal View of Risk, Ruin, and Reward," New York: Perseus Books Group, 2004, pp. 328, Cloth. US$27.50. Most literate humans have by now heard of "chaos theory." There has even been a Hollywood movie, "the Butterfly Effect,"...
October 18, 2004
J.P. Morgan Report Sees Erosion in Some Hedge Fund Segments, Opportunities in OthersLONDON (HedgeWorld.com)--A report that describes 2004 as "almost a perfect storm hitting alpha" for active hedge fund investors, with a number of factors coalescing to dampen returns, finds that while hedge funds offer ample opportunities for profit in many areas, some of the commonly used strategies are eroding the very...
October 15, 2004
ACORD Campaign Mocks ChaosNU Online News Service, Oct. 15, 2004, 3:02 p.m. EDTA major insurance technology standards group is using cartoons to remind insurance industry executives about ...
October 15, 2004
Managed Care Giant Reports 47% Higher ProfitsNU Online News Service, Oct. 15, 2004, 4:10 p.m. EDTStrong sales of health coverage helped UnitedHealth Group Inc., Minnetonka, Minn., increase third-quarter net earnings.[@@]The ...
October 15, 2004
CBO Pans Disease Management Program StudiesA government think tank is questioning whether programs that try to improve care for patients with diabetes and other chronic conditions have shown that ...
October 15, 2004
Stomach Stapling Can Lead To Nerve DamageEven "safe" weight control surgery could be dangerous.[@@]A research team led by Dr. P. James Dyck, a neurologist at the Mayo Clinic, Rochester, Minn., ...
October 14, 2004
Fund Manager Leaves DreyfusOct. 12, 2004 -- Money manager Douglas Ramos, who ran or helped run several Dreyfus mutual funds, has left the company. Ramos stepped down to pursue...