All Three Rating Agencies Keeping an Eye on Potential Axa Re Finance Sale
- AXA Pulls The Plug On Some U.S. Re Units. Connolly, Jim // National Underwriter / Life & Health Financial Services;1/20/2003, Vol. 107 Issue 3, p40
Reports on the decision of AXA re Finance to pull out of the life and non-life insurance markets in the U.S. Reason for the decision; Cessation of financial guaranty reinsurance activities; Focus of the company on property-casualty non-life insurance.
- Axa Re Hit by Triple Downgrades After Halting New Business. Smith, Aaron // Bond Buyer;1/14/2003, Vol. 343 Issue 31552, p6
Reports that several companies downgraded the New York-based reinsurer AXA Re Finance following an announcement by its Paris, France-based parent company AXA Group about stopping all business for financial guaranty carried by its U.S. subsidiary. Factors that prompted the downgrade; Reasons...
- Fitch Hits Trio of Reinsurers With Negative Rating Outlook. Smith, Aaron T. // Bond Buyer;7/29/2002, Vol. 341 Issue 31437, p1
Reports the ratings of the reinsurers Ace Guaranty Re Inc., Radian Reinsurance Co. and Axa Re Finance in the U.S. Reflection of a less favorable relationship and contractual terms with clients; Increase in the competition; Performance of the reinsurer sector.
- Court decision goes to Chase. Kilday, Gregg // Hollywood Reporter -- International Edition;12/11/2001, Vol. 371 Issue 14, p4
Reports the court ruling in favor of the Chase Manhattan Bank in the dispute with French insurance underwiter Axa Re in New York City. Refusal of Axa to pay for shortfalls on the first picture under the arrangement; Determination of monetary damages due Chase; Impact of the court decision on...
- AXA RE Receives Subpoenas in Ongoing SEC Investigation of MBIA. Fine, Jacob // Bond Buyer;4/14/2005, Vol. 352 Issue 32111, p6
Reports that AXA Re Finance SA had received subpoenas from the U.S. Securities and Exchange Commission and the New York attorney general's office seeking information regarding reinsurance transactions with MBIA Inc. Inquiry revolving around transactions involving the 1998 bankruptcy of the...
- Psychological war. Spilka, George // Electrical Wholesaling;May99, Vol. 80 Issue 5, p73
Offers advice to sellers of companies on `the art of the deal'. Controlling the `psychological battlefield' of negotiations; Establishment of an aggressive price; Deal's critical juncture; Quick closure; Finer points.
- To strike off or not to strike off--that is the question. Mason, Karen; Smith, Nigel // Chartered Accountants Journal;Feb2000, Vol. 79 Issue 1, p63
Focuses on the options for companies that has disposed of its business in New Zealand. Use of the Companies Act as a means of distributing the capital profit tax-free to shareholders; Liquidation of assets; Striking off. INSET: Summary..
- New Jersey changes its policy on treatment of IRC Sec. 338(H)(10) transactions. Rothstein, Jack // CPA Journal;Aug95, Vol. 65 Issue 8, p62
Focuses on the New Jersey Division of Taxation's treatment of the sale of a business when an election is made under Federal IRC Sec 338(h)(10). Federal tax treatment; Policy changes; Refund opportunity.
- Sell-the-company proposals proliferate in 1996. // Corporate Board;Sep/Oct96, Vol. 17 Issue 100, p26
Reports on the proliferation in the United States of sell-the-company proposals among shareholder groups. Distinction between proposals with a financial focus and those that address social concerns; Labor movement's interest in sell-the-company proposals.