12 June 2006 – General Electric Company (GE) announced today it has completed the sale of its Insurance Solutions business, including Employers Reinsurance Corporation (ERC), to Swiss Re for $7.8bn in ...
General Electric was sued in 2017 for allegedly covering up liabilities in its power and health insurance businesses. The suit was filed shortly after GE's stock value plummeted by 74% after it came ...
(Reuters) - General Electric Co is working with investment bankers to find ways to shed its insurance business, which has caused it to book hefty charges while sparking shareholder lawsuits and an ...
The Securities and Exchange Commission is investigating General Electric’s accounting practices after the company reported worse-than-expected insurance portfolio results. Here are three things to ...
ZURICH, Switzerland — Swiss Reinsurance Co., the world’s second-largest reinsurer, said Friday it will acquire most of General Electric Co.’s insurance unit for $6.8 billion in cash and stock. The ...
General Electric, parent of GE Employers Re, has re-branded its reinsurance and commercial insurance segments as GE Insurance Solutions.At a gathering in Toronto Tuesday, Peter Borst, chief agent in ...