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MetLife to sell 52 pct. stake in reinsurer RGA (AP)
MetLife Inc., the largest U.S. life insurer, said Monday it plans to sell its 52 percent stake in Reinsurance Group of america Inc. to MetLife shareholders.
yahoo.com

Humana named in purported class action lawsuits (AP)
Humana Inc. said Monday it has been named as a defendant in a purported class action lawsuit claiming the health insurer provided certain retirement plan participants with misleading information, among other things.
yahoo.com

Bill will allow retirees to enroll in government`s healthcare plan
HOUSE Floor Leader Joseph N. Camacho says retirees will soon have the option to enroll in the government's healthcare plan despite a prohibitive clause in an existing law barring those who failed to join it ...
topix.net

[Opinion] What `Shared Responsibility` Is About Is Maintaining Insurance Company Profits
Excerpt: 'Under pressure from Wall Street for disappointing earnings during the first quarter of 2008, CEOs from the two largest health insurance plans, United Health Group and Wellpoint, told investors last week that they would 'continue to protect their (profit) margins' and 'not sacrifice profitability for membership' i.e., they aren't going to hold down premium increases to keep members on their rolls.' (authored by Dr. Susanne King via Physicians for a National Health Program)
HealthcareInsuranceRadar.com

B&B warns as TPG takes stake
Shares in Britain's biggest buy-to-let lender plunged after it confirmed plans for a revised rights issue and unveiled TPG, the buy-out fund, as a 23% shareholder. B&B also warned that trading conditions were worsening and mortgage arrears had jumped
FT.com

Rwanda looks to lake for energy fix
A consortium is planning to extract methane gas from Lake Kivu in Rwanda.
BBC

Global Dispatches
Brazilian outsourcer Politec plans to expand its U.S. operations; and the EU has approved funding for African IT projects.
computerworld.com

Majority of Canadians Still Unaware Canada Pension Plan Successfully Reformed 10 Years Ago
Chief Actuary of Canada says plan is sustainable throughout 75-year forecast period
CCNmatthews.com

Aegon to cut dependency on the US
Aegon, the Dutch insurance group, plans to reduce its dependency on income from its US businesses by allocating more capital to markets where it sees quicker growth
FT.com

Adaptive Planning: Adaptive Planning Launches New Era of ``Connected Intelligence`` in Financial Management With Introduction of Adaptive Planning 5.0
MOUNTAIN VIEW, CA (MARKET WIRE) Adaptive Planning, the worldwide leader in on-demand financial planning and reporting solutions, today introduced a major new product release integrating groundbreaking collaboration and community capabilities that enable finance teams and business managers to dramatically improve organizational alignment, access and share best practices financial information, and ultimately drive more agile, intelligent, and strategic business decisions. Adaptive Planning 5.0 delivers new features that bring additional power, flexibility, and simplicity to planning and reporting processes, while establishing
Marketwire.com

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