Australia Shares End Lower After China PMI, EU Summit - Wall Street Journal

Australia Shares End Lower After China PMI, EU Summit
Wall Street Journal
Among stocks that rose, Woolworths, Woodside, CSL and QBE Insurance gained 0.7%-1.6%. The benchmark S&P/ASX 200 closed down 0.3% at 4055.8, in negative territory for the year, as concern persisted that Greece may soon be forced out of the eurozone.
Shares retreat on China PMI The Australian
Greece, China data pulls stocks lower Ninemsn
Greece and China weigh on shares Sydney Morning Herald

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TEXT-Fitch Affirms National RMBS Trust 2011-2 - Reuters

TEXT-Fitch Affirms National RMBS Trust 2011-2
Reuters
A portion of the pool is covered by lenders' mortgage insurance provided by Genworth Financial Mortgage Insurance Pty Limited and QBE Lenders Mortgage Insurance Limited ('AA-'/Stable) at 0.83% and 13.63% respectively as at end-March 2012.
TEXT-Fitch affirms National RMBS Trust 2011-1 London South East

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Australia Shares End Down 1.3% On Renewed Concern Over Greece - Wall Street Journal


Moneycontrol.com
Australia Shares End Down 1.3% On Renewed Concern Over Greece
Wall Street Journal
ANZ Bank, QBE Insurance and Macquarie fell 1.7%-3.1%. The benchmark S&P/ASX 200 closed down 1.3% at 4067 on stronger-than-average trading volume. The market remained jittery after hitting a five-month low of 4026.5 last week as Greece announced fresh ...
Australian sharemarket falls as Bank of Japan holds back The Australian

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New York Hearings on 'Forced' Insurance in Foreclosure - ClaimsJournal.com

New York Hearings on 'Forced' Insurance in Foreclosure
ClaimsJournal.com
He said that for example, JP Morgan Chase pays high premiums to insurer Assurant, which in turn reinsures 75 percent of the risk through JP Morgan's Vermont-based captive insurance subsidiary. Executives from Insurers Assurant and QBE, which provide ...

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BREAKFAST DEALS: IAG escape? - Business Spectator

BREAKFAST DEALS: IAG escape?
Business Spectator
Insurance Australia Group boss Mike Wilkins will attempt to do what National Australia Bank boss Cameron Clyne couldn't – get out of the UK. Arch-rival QBE Insurance could give the assets a once-over if the price is right, but if the price is too low, ...

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'Forced place insurance' gouging threatens to kick homeowners to the curb - New York Daily News


New York Daily News
'Forced place insurance' gouging threatens to kick homeowners to the curb
New York Daily News
Maria and Bill Massanet, retirees living in Staten Island, dodged foreclosure in 2011, but were then hit with “forced place insurance” from QBE Insurance — even though their homeowner's insurance hadn't expired. Repeatedly they told QBE they already ...
NY hearings on 'forced' insurance in foreclosure BusinessWeek
New York Mulls Insurer Profit Caps on Lapsed Borrowers Bloomberg
Insurers Hit on Force-Placed Practices Insurance Networking News

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QBE Hires Jones Lang to Market Office Campus Near Microsoft - BusinessWeek

QBE Hires Jones Lang to Market Office Campus Near Microsoft
BusinessWeek
By Hui-yong Yu on May 01, 2012 QBE Insurance Group Ltd. (QBE), Australia's biggest insurer, hired Jones Lang LaSalle Inc. to sell a 46-acre (19-hectare) office campus just south of Microsoft Corp. (MSFT) (MSFT)'s headquarters near Seattle, ...

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