Tag Archives: policyholders
Aviva Agrees Terms Of Offer To Policyholders
FOXBusiness – U.K. life insurance and pensions provider Aviva said Wednesday that it’s agreed with a policyholder advocate that a reattribution offer can be put to policyholders. The offer gives policyholders in two with-profits funds the right to choose whether […]
MBIA Debt-Guarantee Split Sparks Hedge Fund Lawsuit
Bloomberg – MBIA’s split of its bond- insurance business was challenged by hedge funds alleging the move hurts owners of about $240 billion of debt while benefiting stock investors, executives and some policyholders. The reorganization, in which MBIA stripped $5.4 […]