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By AP Staff Writer |
May 8, 2013
But losses were reported at its U.S. insurance arm, which had an initial public offering last week.
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By AP Staff Writer |
November 7, 2012
The insurance arm booked a net loss of €61 million, partly attributable to a write-down in the value of its U.S. variable annuities business.
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By Toby Sterling |
May 10, 2012
The Dutch insurer reported strong new U.S. sales, although earnings from operations there weakened as it earned less from annuities because people lived longer than expected.
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By Toby Sterling |
May 9, 2012
The insurer also reported eye-catching losses on “annuity hedging derivatives.”
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By Toby Sterling |
February 9, 2012
ING is unlikely to spin off its insurance business until sometime in 2013, said the company’s chief executive.
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By Toby Sterling |
January 17, 2012
In an effort to reduce risks to its balance sheet, ING has sold $1.54 billion worth of bonds issued by southern European nations.