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Insurance deals boost 2010 M&A activity (AP via Yahoo! Finance) Print E-mail

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The pace of mergers and acquisitions is gaining speed in 2010 thanks to American International Group Inc. MetLife Inc.'s $15.5 billion deal Monday to buy AIG's American Life Insurance Co., or Alico, brought the total value of dealmaking globally this year to $500.3 billion.


Insurance Deals Boost 2010 M&A Activity (ABC News)

AIG deals with insurers take No. 1 and No. 5 spots so far in 2010 globally, says Dealogic Insurance - American International Group - Business - Financial services - Agents and Marketers


Obama Says Insurance Rates Will Rise Without Reform (Update1) (Bloomberg)

March 8 (Bloomberg) -- President Barack Obama singled out insurance companies for criticism over rate increases, saying they are able to drive up premiums because of a lack of competition.