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Deepak Satwalekar, a well known financial personality in the country, retired as the managing director and CEO of the HDFC Standard Life Insurance last week. www.financialexpress.com
The kind of bankruptcy filing is Chapter 7 under federal bankruptcy laws, except where noted. This filing usually leads to liquidation of assets. Personal bankruptcies are listed only in cases where liabilities are more than $100,000, but all business bankruptcies are included in this listing. www.journalgazette.net
OLDWICK, N.J.----A.M. Best Co. has upgraded the financial strength rating to A- from B++ and the issuer credit rating to “a-” from “bbb+” of Alliance International Reinsurance Public Company Limited . biz.yahoo.com