$30+ billion by 2013.
Increases from 14% of total local ad budgets to 22% by 2013.
http://paidcontent.org/article/419-biakelsey-local-online-ad-growth-expected-to-be-slow-but-steady/
$1.5+ billion by 2013.
http://moconews.net/image/emarketer-u.s.-mobile-avertising-spend-projections/
“MBIA Inc. today announced that its insurance subsidiary, MBIA Insurance Corporation (MBIA Corp.), has acquired the 83% of Channel Re Holdings Ltd. and Channel Reinsurance Ltd. that it did not previously own for $40 million. Channel Re is a financial guarantee reinsurer founded in 2004, which assumed business only from MBIA Corp. and its affiliates. MBIA plans to commute all of its reinsurance with Channel Re and liquidate the company in the third quarter. The transaction will result in an increase in MBIA Corp.’s statutory capital and will be accretive to its liquidity position.”
http://finance.yahoo.com/news/MBIA-Announces-Purchase-of-bw-383021161.html?x=0&.v=1
“Submitting to Wefutr couldn’t be easier. Using the hashtag #wefutr attached to a tweet, Twitter users are able to submit a 140 character long prediction to Wefutr.com. The site aggregates these predictions, separates them into categories, and lets users browse through the most popular topics. It also allows them to rate the predictions they like the best.”
“Outsource your to-do list, and post your gigs to Turbo140, Twitter, and Facebook.
Let people know what you’re looking for in 140 characters or less. You can later add more details, select a category, set an expiration, and specify job location.”
”The China Insurance Regulatory Commission outlined a “road map” for the Chinese insurance market development, which according to [Munich Re's China chief executive, Steven] Chang includes running a system that lies between European Solvency I and a risk-based capital approach in the next three to five years.
As a member of the CIRC’s solvency standard regulatory committee, Chang said the committee is now in discussions with the regulator to consider running the Solvency II system in the future.”
“RSA Insurance Group PLC (RSA.LN), said Wednesday that it has acquired 123 Money Ltd or 123.ie, a direct distributor of personal lines insurance products in Ireland.”
“Brit Insurance Holdings NV, the U.K. insurer that sponsors the England cricket team, granted Apollo Global Management permission to review its books after the private equity firm increased its offer for the company.
Apollo is prepared to pay about 851 million pounds ($1.3 billion), or 10.75 pounds a share, in cash for Brit, the Amsterdam-based insurer said today in a statement. The bid, Apollo’s third, is 47 percent higher than Brit’s closing share price on June 10, the day before the first takeover offer was announced. The insurer rejected a bid of 10.50 pounds a share on July 2.”
