Scottish Widows curbs payouts
Article Abstract:
The UK's Scottish Widow's Fund and Life Assurance Society announced it will freeze property fund payouts worth a combined $4.1 bil due to the nation's property downturn. The restrictions do not apply to critical illness or retirement claims, pension payments, existing regular withdrawals, or its SWIP Property Trust.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
INSURANCE CARRIERS, United Kingdom, Finance, Insurance industry, Scottish Widow's Fund and Life Assurance Society, Company financing
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
User Contributions:
Comment about this article or add new information about this topic:
STX buys a cruise ticket: Aker Yards stake lets merchant-ship firm into lucrative market
Article Abstract:
South Korea's STX Shipbuilding Co. has purchased a 39.2% stake in Norway's Aker Yards ASA, a firm that specializes in building cruise ships. The $800 deal offers STX a presence in the high-margin sector of cruise ship travel.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Securities issued, listed, Norway, Ship Building and Repairing, Shipbuilding & Repair, South Korea, Company investment, Investments, Securities, Shipbuilding industry, Company securities, STX Shipbuilding Co., Aker Yards
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
User Contributions:
Comment about this article or add new information about this topic:
Similar abstracts:
- Abstracts: Olivetti plans bank financing of $7.28 billion. Christie's raises commission it charges for big-ticket art. Brambles plans $926 million buyback
- Abstracts: Belgian utilities create company for Nordic area. Road test; as VW cranks out more models, they start to look alike
- Abstracts: Efficiency based production planning and control models. Strategic leaders or strategic groups: a longitudinal data envelopment analysis of the U.S. brewing industry
- Abstracts: Suez Lyonnaise des Eaux agrees to buy out its Argentine partner. Tabcorp checks the odds in Macau
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.