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The US treasury market reaches breaking point

The US treasury market reaches breaking point

The structural issue that could cause the world's market of last resort to grind to a halt

No. 6: If you don’t give it to me you’ll only lend it to someone else and look where that got us

Monday, September 1, 2008

Insurer ING Life Ukraine to increase statutory capital by USD 18.56mn.





Insurer ING Life Ukraine to increase statutory capital by USD 18.56mn. Insurer ING Ukraine plans to increase statutory capital by UAH 90mn (USD 18.56mn) to UAH 101mn through additional share issue. The company plans to issue 1.8mn of ordinary shares worth UAH 50 each. In mid-July ING Continental Europe Holding B.V acquired 99.99% shares of insurer Felix re-branded for ING Life Ukraine . In full 2007, the company posted UAH 132,600 of net profit. To note, overall insurer activity profit of ING Group amounted to EUR 62.208bn in 2007. ING Group operates in 50 countries.







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