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• China may let insurance companies invest in property  International Herald Tribune - Apr 24 4:09 AM Chinese government suggestions that they may allow mainland insurance firms to invest in property could unleash billions of dollars in deals for commercial buildings and embolden developers and foreign investors who want a more active market.



• Zurich Financial to buy stake in Spanish insurance companies  AFP via Yahoo! News - Apr 23 11:22 PM  Swiss insurance group Zurich Financial Services said Thursday that it will buy 50 percent of the life and general insurance companies of Spanish firm Caixa d'Estalvis de Sabadell for 360 million dollars (227 million euros).



• Old Republic posts 1Q loss on mortgage, title insurance  AP via Yahoo! Finance - Apr 24 8:35 AM  Old Republic International Corp. lost money in the first quarter as the troubled housing market hamstrung two of the insurer's biggest segments, the company said Thursday.



• The Case For Insurance Consolidation  Forbes - Apr 23 4:52 PM Liberty Mutual's acquisition of Safeco could mark the beginning of a wave of mergers within the industry.



• EMC Insurance reports declining Q1 profit on storm losses  WOI-TV Des Moines - 53 minutes ago DES MOINES, Iowa (AP) - EMC Insurance Group says first-quarter profits dropped 44%. The Des Moines-based company says storm losses more than doubled to $5.7 million. It also deducted $2.9 million for lost value in securities held as investments.

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