China Merchants Bank (CMB) said on Monday that it would buy a stake in CIGNA & CMC Life Insurance Co. to expand its insurance business. CMB, the country's largest credit card issuer, said that it had signed an agreement with Shenzhe ...

A fierce takeover battle is set to erupt over Royal Bank of Scotland's insurance business, as more than 15 companies expressed interest in a bid, with more expected to emerge in the coming weeks.

INVESTEC, the specialist banking group, planned to sell the short-term insurance businesses of Investec Private Bank to leading South African short-term insurer Santam, the companies said on Friday.

Share/credit issues   A non-voting share issue by Sri Lanka's Ceylinco Insurance is drawing more interest from investors with the number of applications rising steadily.

Republican presidential candidate John McCain threw some red meat to the small-business crowd on Tuesday, promising that if elected president he would drastically overhaul the tax system, end corporate welfare, introduce tax credits to make health insuran