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<title>UBS Research: Insurance</title>
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<description>UBS Research: Insurance</description>
<language>en</language>
<copyright>Copyright (C) UBS 2010. All rights reserved.</copyright>
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<pubDate>Wed, 10 Feb 2010</pubDate>
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<item>
<title><![CDATA[RenaissanceRe "4Q09 Results: Key Takeaways" (Buy) Meredith]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86129|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Americas</li><br><li>United States</li><br><li>North America</li><br></ul><br><em>Sectors</em><br><ul><li>Global Insurance, Property &amp; Casualty</li><br><li>Global Financial</li><br><li>Global Insurance</li><br><li>US Insurance, Property &amp; Casualty</li><br><li>Americas Insurance, Property &amp; Casualty</li><br><li>Americas Financial</li><br><li>Americas Insurance</li><br><li>US Financial</li><br><li>US Insurance</li><br><li>North American Financial</li><br><li>North American Insurance, Property &amp; Casualty</li><br><li>North American Insurance</li><br></ul><br><em>Companies</em><br><ul><li>RNR.N RenaissanceRe</li><br></ul><br><em>Subjects</em><br><ul><li>Company Update</li><br><li>Operating Results</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Brian Meredith</author>
<category>RNR.N</category>
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<pubDate>Wed, 10 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[National Financial "Decent 4Q09 Relative to Expectations" (Neutral) Kligerman]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86122|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Americas</li><br><li>United States</li><br><li>North America</li><br></ul><br><em>Sectors</em><br><ul><li>Global Insurance, Life</li><br><li>Global Financial</li><br><li>Global Insurance</li><br><li>US Insurance, Life</li><br><li>Americas Insurance, Life</li><br><li>Americas Financial</li><br><li>Americas Insurance</li><br><li>US Financial</li><br><li>US Insurance</li><br><li>North American Financial</li><br><li>North American Insurance, Life</li><br><li>North American Insurance</li><br></ul><br><em>Companies</em><br><ul><li>NFP.N National Financial</li><br></ul><br><em>Subjects</em><br><ul><li>Company Update</li><br><li>Operating Results</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Andrew Kligerman</author>
<category>NFP.N</category>
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<pubDate>Wed, 10 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[Global Insurance Daily Valuations 9-Feb-2010]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86044|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br></ul><br><em>Sectors</em><br><ul><li>Global Financial</li><br><li>Global Insurance</li><br></ul><br><em>Subjects</em><br><ul><li>Industry Overview</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Andrew Kligerman</author>
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<pubDate>Tue, 9 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[The Hartford "Brief Initial Take on Okay 4Q09 Results" (Buy) Kligerman]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86041|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Americas</li><br><li>United States</li><br><li>North America</li><br></ul><br><em>Sectors</em><br><ul><li>Global Insurance, Full-Line</li><br><li>Global Financial</li><br><li>Global Insurance</li><br><li>US Insurance, Full-Line</li><br><li>Americas Insurance, Full-Line</li><br><li>Americas Financial</li><br><li>Americas Insurance</li><br><li>US Financial</li><br><li>US Insurance</li><br><li>North American Financial</li><br><li>North American Insurance, Full-Line</li><br><li>North American Insurance</li><br></ul><br><em>Companies</em><br><ul><li>HIG.N The Hartford</li><br></ul><br><em>Subjects</em><br><ul><li>Company Update</li><br><li>Operating Results</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Andrew Kligerman</author>
<category>HIG.N</category>
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<pubDate>Tue, 9 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[Principal Financial "Initial Read on 4Q09 Results" (Sell) Kligerman]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86040|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Americas</li><br><li>United States</li><br><li>North America</li><br></ul><br><em>Sectors</em><br><ul><li>Global Insurance, Life</li><br><li>Global Financial</li><br><li>Global Insurance</li><br><li>US Insurance, Life</li><br><li>Americas Insurance, Life</li><br><li>Americas Financial</li><br><li>Americas Insurance</li><br><li>US Financial</li><br><li>US Insurance</li><br><li>North American Financial</li><br><li>North American Insurance, Life</li><br><li>North American Insurance</li><br></ul><br><em>Companies</em><br><ul><li>PFG.N Principal Financial</li><br></ul><br><em>Subjects</em><br><ul><li>Company Update</li><br><li>Operating Results</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Andrew Kligerman</author>
<category>PFG.N</category>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86040|native|public|20100209051907</guid>
<pubDate>Tue, 9 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[Lincoln National "Solid 4Q09 Results" (Buy) Kligerman]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86039|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Americas</li><br><li>United States</li><br><li>North America</li><br></ul><br><em>Sectors</em><br><ul><li>Global Insurance, Life</li><br><li>Global Financial</li><br><li>Global Insurance</li><br><li>US Insurance, Life</li><br><li>Americas Insurance, Life</li><br><li>Americas Financial</li><br><li>Americas Insurance</li><br><li>US Financial</li><br><li>US Insurance</li><br><li>North American Financial</li><br><li>North American Insurance, Life</li><br><li>North American Insurance</li><br></ul><br><em>Companies</em><br><ul><li>LNC.N Lincoln National</li><br></ul><br><em>Subjects</em><br><ul><li>Company Update</li><br><li>Operating Results</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Andrew Kligerman</author>
<category>LNC.N</category>
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<pubDate>Tue, 9 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[CNP "Attractive growth outlook remains" (Buy) Bi]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer72914|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Europe Including UK</li><br><li>Europe Ex. UK</li><br><li>France</li><br><li>Global</li><br><li>UBSW EMEA</li><br></ul><br><em>Sectors</em><br><ul><li>French Insurance, Life</li><br><li>European Insurance, Life</li><br><li>European Ex. UK Insurance, Life</li><br><li>Global Insurance, Life</li><br><li>European Financial</li><br><li>European Insurance</li><br><li>European Ex. UK Financial</li><br><li>European Ex. UK Insurance</li><br><li>French Financial</li><br><li>French Insurance</li><br><li>Global Financial</li><br><li>Global Insurance</li><br></ul><br><em>Companies</em><br><ul><li>CNPP.PA CNP</li><br></ul><br><em>Subjects</em><br><ul><li>Company Update</li><br><li>Operating Results</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Sheng Bi</author>
<category>CNPP.PA</category>
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<pubDate>Tue, 9 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[Catlin "FY 09 results preview" (Buy) Changazi]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer72908|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Europe Including UK</li><br><li>United Kingdom</li><br><li>Global</li><br><li>UBSW EMEA</li><br></ul><br><em>Sectors</em><br><ul><li>British Insurance, Property &amp; Casualty</li><br><li>European Insurance, Property &amp; Casualty</li><br><li>Global Insurance, Property &amp; Casualty</li><br><li>European Financial</li><br><li>European Insurance</li><br><li>British Financial</li><br><li>British Insurance</li><br><li>Global Financial</li><br><li>Global Insurance</li><br></ul><br><em>Companies</em><br><ul><li>CGL.L Catlin</li><br></ul><br><em>Subjects</em><br><ul><li>Company Update</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Fahad Changazi, CFA</author>
<category>CGL.L</category>
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<pubDate>Tue, 9 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[W. R. Berkley "4Q09 Results: Key Takeaways" (Neutral) Meredith]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86029|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Americas</li><br><li>United States</li><br><li>North America</li><br></ul><br><em>Sectors</em><br><ul><li>Global Insurance, Property &amp; Casualty</li><br><li>Global Financial</li><br><li>Global Insurance</li><br><li>US Insurance, Property &amp; Casualty</li><br><li>Americas Insurance, Property &amp; Casualty</li><br><li>Americas Financial</li><br><li>Americas Insurance</li><br><li>US Financial</li><br><li>US Insurance</li><br><li>North American Financial</li><br><li>North American Insurance, Property &amp; Casualty</li><br><li>North American Insurance</li><br></ul><br><em>Companies</em><br><ul><li>WRB.N W. R. Berkley</li><br></ul><br><em>Subjects</em><br><ul><li>Company Update</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Brian Meredith</author>
<category>WRB.N</category>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86029|native|public|20100209013404</guid>
<pubDate>Tue, 9 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[Axis Capital "4Q09 Results: Key Takeaways" (Buy) Meredith]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86024|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Americas</li><br><li>United States</li><br><li>North America</li><br></ul><br><em>Sectors</em><br><ul><li>Global Insurance, Property &amp; Casualty</li><br><li>Global Financial</li><br><li>Global Insurance</li><br><li>US Insurance, Property &amp; Casualty</li><br><li>Americas Insurance, Property &amp; Casualty</li><br><li>Americas Financial</li><br><li>Americas Insurance</li><br><li>US Financial</li><br><li>US Insurance</li><br><li>North American Financial</li><br><li>North American Insurance, Property &amp; Casualty</li><br><li>North American Insurance</li><br></ul><br><em>Companies</em><br><ul><li>AXS.N Axis Capital</li><br></ul><br><em>Subjects</em><br><ul><li>Company Update</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Brian Meredith</author>
<category>AXS.N</category>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86024|native|public|20100209011127</guid>
<pubDate>Tue, 9 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[Conseco Inc. "Adjusting EPS for convert acct'g treatment" (Neutral) Kligerman]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86013|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Americas</li><br><li>United States</li><br><li>North America</li><br></ul><br><em>Sectors</em><br><ul><li>Global Insurance, Life</li><br><li>Global Financial</li><br><li>Global Insurance</li><br><li>US Insurance, Life</li><br><li>Americas Insurance, Life</li><br><li>Americas Financial</li><br><li>Americas Insurance</li><br><li>US Financial</li><br><li>US Insurance</li><br><li>North American Financial</li><br><li>North American Insurance, Life</li><br><li>North American Insurance</li><br></ul><br><em>Companies</em><br><ul><li>CNO.N Conseco Inc.</li><br></ul><br><em>Subjects</em><br><ul><li>Company Update</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Andrew Kligerman</author>
<category>CNO.N</category>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86013|native|public|20100208203215</guid>
<pubDate>Mon, 8 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[Global Insurance Daily Valuations 8-Feb-2010]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez85974|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Switzerland</li><br><li>Germany</li><br><li>Spain</li><br><li>Europe Including UK</li><br><li>Europe Ex. UK</li><br><li>France</li><br><li>United Kingdom</li><br><li>Global</li><br><li>Italy</li><br><li>Netherlands</li><br><li>South Africa</li><br><li>EMEA Emerging</li><br><li>UBSW EMEA</li><br><li>Emerging Markets</li><br><li>Asia</li><br><li>China</li><br><li>Korea</li><br><li>Taiwan</li><br><li>Asia Pacific</li><br><li>Asia Pacific Ex. JP</li><br><li>Americas</li><br><li>Canada</li><br><li>United States</li><br><li>North America</li><br><li>Australia</li><br><li>Australasia</li><br><li>Japan</li><br><li>Asia Emerging</li><br></ul><br><em>Sectors</em><br><ul><li>Global Banks</li><br><li>Global Diversified Financial</li><br><li>Swiss Insurance, Full-Line</li><br><li>Swiss Insurance, Life</li><br><li>German Insurance, Full-Line</li><br><li>German Insurance, Property &amp; Casualty</li><br><li>Spanish Insurance, Full-Line</li><br><li>French Insurance, Full-Line</li><br><li>British Insurance, Life</li><br><li>British Insurance, Property &amp; Casualty</li><br><li>Italian Insurance, Full-Line</li><br><li>Netherlands Insurance, Life</li><br><li>South African Insurance, Life</li><br><li>EMEA Emerging Insurance, Life</li><br><li>European Insurance, Full-Line</li><br><li>European Insurance, Life</li><br><li>European Insurance, Property &amp; Casualty</li><br><li>European Ex. UK Insurance, Full-Line</li><br><li>European Ex. UK Insurance, Life</li><br><li>European Ex. UK Insurance, Property &amp; Casualty</li><br><li>Global Insurance, Full-Line</li><br><li>Global Insurance, Life</li><br><li>Global Insurance, Property &amp; Casualty</li><br><li>Swiss Financial</li><br><li>Swiss Insurance</li><br><li>German Financial</li><br><li>German Insurance</li><br><li>EMEA Emerging Financial</li><br><li>EMEA Emerging Insurance</li><br><li>Spanish Financial</li><br><li>Spanish Insurance</li><br><li>European Financial</li><br><li>European Insurance</li><br><li>European Ex. UK Financial</li><br><li>European Ex. UK Insurance</li><br><li>French Financial</li><br><li>French Insurance</li><br><li>British Financial</li><br><li>British Insurance</li><br><li>Global Financial</li><br><li>Global Insurance</li><br><li>Italian Financial</li><br><li>Italian Insurance</li><br><li>Netherlands Financial</li><br><li>Netherlands Insurance</li><br><li>South African Financial</li><br><li>South African Insurance</li><br><li>Global Financial Services</li><br><li>Global Banks, Ex-S&amp;L</li><br><li>Global Emerging Financial</li><br><li>Global Emerging Insurance, Life</li><br><li>Global Emerging Insurance</li><br><li>Asian Diversified Financial</li><br><li>Taiwanese Diversified Financial</li><br><li>Chinese Insurance, Full-Line</li><br><li>Chinese Insurance, Life</li><br><li>Korean Insurance, Property &amp; Casualty</li><br><li>Taiwanese Insurance, Life</li><br><li>Asian Insurance, Full-Line</li><br><li>Asian Insurance, Life</li><br><li>Asian Insurance, Property &amp; Casualty</li><br><li>Asian Financial</li><br><li>Asian Insurance</li><br><li>Chinese Financial</li><br><li>Chinese Insurance</li><br><li>Korean Financial</li><br><li>Korean Insurance</li><br><li>Taiwanese Financial</li><br><li>Taiwanese Insurance</li><br><li>Asian Financial Services</li><br><li>Taiwanese Financial Services</li><br><li>Asian Pacific Banks, Ex-S&amp;L</li><br><li>Asian Pacific Banks</li><br><li>Asian Pacific Financial</li><br><li>Asian Pacific Diversified Financial</li><br><li>Asian Pacific Financial Services</li><br><li>Asian Pacific Insurance, Full-Line</li><br><li>Asian Pacific Insurance, Life</li><br><li>Asian Pacific Insurance, Property &amp; Casualty</li><br><li>Asian Pacific Insurance</li><br><li>Asian Pacific Ex. JP Banks, Ex-S&amp;L</li><br><li>Asian Pacific Ex. JP Banks</li><br><li>Asian Pacific Ex. JP Financial</li><br><li>Asian Pacific Ex. JP Diversified Financial</li><br><li>Asian Pacific Ex. JP Financial Services</li><br><li>Asian Pacific Ex. JP Insurance, Full-Line</li><br><li>Asian Pacific Ex. JP Insurance, Life</li><br><li>Asian Pacific Ex. JP Insurance, Property &amp; Casualty</li><br><li>Asian Pacific Ex. JP Insurance</li><br><li>Canadian Insurance, Life</li><br><li>US Insurance, Full-Line</li><br><li>US Insurance, Life</li><br><li>US Insurance, Property &amp; Casualty</li><br><li>Americas Insurance, Full-Line</li><br><li>Americas Insurance, Life</li><br><li>Americas Insurance, Property &amp; Casualty</li><br><li>Americas Financial</li><br><li>Americas Insurance</li><br><li>Canadian Financial</li><br><li>Canadian Insurance</li><br><li>US Financial</li><br><li>US Insurance</li><br><li>North American Financial</li><br><li>North American Insurance, Full-Line</li><br><li>North American Insurance, Life</li><br><li>North American Insurance, Property &amp; Casualty</li><br><li>North American Insurance</li><br><li>US Strategy Top 20</li><br><li>Australian Banks</li><br><li>Australian Diversified Financial</li><br><li>Australian Insurance, Full-Line</li><br><li>Australian Financial</li><br><li>Australian Insurance</li><br><li>Australian Financial Services</li><br><li>Australian Banks, Ex-S&amp;L</li><br><li>Australasian Banks, Ex-S&amp;L</li><br><li>Australasian Banks</li><br><li>Australasian Financial</li><br><li>Australasian Diversified Financial</li><br><li>Australasian Financial Services</li><br><li>Australasian Insurance, Full-Line</li><br><li>Australasian Insurance</li><br><li>Japanese Insurance, Life</li><br><li>Japanese Financial</li><br><li>Japanese Insurance</li><br><li>Asia Emerging Financial</li><br><li>Asia Emerging Diversified Financial</li><br><li>Asia Emerging Financial Services</li><br><li>Asia Emerging Insurance, Life</li><br><li>Asia Emerging Insurance, Property &amp; Casualty</li><br><li>Asia Emerging Insurance</li><br></ul><br><em>Companies</em><br><ul><li>BALN.VX Bâloise</li><br><li>RUKN.VX Swiss Re</li><br><li>ZURN.VX Zurich Financial</li><br><li>ALVG.DE Allianz</li><br><li>MUVGn.DE Munich Re</li><br><li>AXAF.PA AXA</li><br><li>GASI.MI Generali</li><br><li>AEGN.AS Aegon</li><br><li>ING.AS ING</li><br><li>HELN.S Helvetia</li><br><li>SLHN.VX Swiss Life</li><br><li>METJ.J Metropolitan</li><br><li>AML.L Amlin</li><br><li>GCO.MC Catalana Occidente</li><br><li>LBHJ.J Libhold</li><br><li>HSX.L Hiscox</li><br><li>SLMJ.J Sanlam</li><br><li>OMLJ.J Old Mutual ZA</li><br><li>DSYJ.J Discovery</li><br><li>BRE.L Brit Insurance</li><br><li>CGL.L Catlin</li><br><li>MAP.MC Mapfre</li><br><li>LRE.L Lancashire</li><br><li>PEARL.AS Pearl</li><br><li>000810.KS Samsung F&amp;M</li><br><li>2882.TW Cathay FHC</li><br><li>2881.TW Fubon FHC</li><br><li>0966.HK China Taiping</li><br><li>2628.HK China Life</li><br><li>AON.N Aon Corp</li><br><li>CB.N Chubb Corp.</li><br><li>HIG.N The Hartford</li><br><li>LNC.N Lincoln National</li><br><li>MMC.N Marsh &amp; McLennan</li><br><li>TRV.N Travelers Cos</li><br><li>AIG.N AIG</li><br><li>ALL.N Allstate Corp.</li><br><li>AFL.N AFLAC Inc.</li><br><li>PL.N Protective Life</li><br><li>XL.N XL Capital</li><br><li>ACE.N ACE Ltd.</li><br><li>MBI.N MBIA Inc.</li><br><li>PGR.N Progressive</li><br><li>MET.N MetLife</li><br><li>MFC.TO Manulife Financial</li><br><li>RE.N Everest Re</li><br><li>RNR.N RenaissanceRe</li><br><li>PRE.N PartnerRe</li><br><li>WSH.N Willis Group Holding</li><br><li>PNX.N Phoenix Companies</li><br><li>PFG.N Principal Financial</li><br><li>PRU.N Prudential Financial</li><br><li>WRB.N W. R. Berkley</li><br><li>RGA.N RGA</li><br><li>AHL.N Aspen Insurance</li><br><li>CNO.N Conseco Inc.</li><br><li>NFP.N National Financial</li><br><li>GNW.N Genworth Financial</li><br><li>AGO.N Assured Guaranty</li><br><li>ACGL.O Arch Capital Group</li><br><li>AXS.N Axis Capital</li><br><li>AMP.N Ameriprise</li><br><li>GLRE.O Greenlight Re</li><br><li>VR.N Validus Holdings</li><br><li>AXA.AX AXA Asia Pacific</li><br><li>QBE.AX QBE</li><br><li>SUN.AX Suncorp-Metway</li><br><li>AMP.AX AMP</li><br><li>IAG.AX Insurance Aust Group</li><br><li>005830.KS Dongbu Insurance</li><br><li>8795.T T&amp;D Holdings</li><br><li>2318.HK Ping An Insurance</li><br><li>2888.TW Shin Kong FHC</li><br></ul><br><em>Subjects</em><br><ul><li>Industry Overview</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Andrew Kligerman</author>
<category>BALN.VX</category>
<category>RUKN.VX</category>
<category>ZURN.VX</category>
<category>ALVG.DE</category>
<category>MUVGn.DE</category>
<category>AXAF.PA</category>
<category>GASI.MI</category>
<category>AEGN.AS</category>
<category>ING.AS</category>
<category>HELN.S</category>
<category>SLHN.VX</category>
<category>METJ.J</category>
<category>AML.L</category>
<category>GCO.MC</category>
<category>LBHJ.J</category>
<category>HSX.L</category>
<category>SLMJ.J</category>
<category>OMLJ.J</category>
<category>DSYJ.J</category>
<category>BRE.L</category>
<category>CGL.L</category>
<category>MAP.MC</category>
<category>LRE.L</category>
<category>PEARL.AS</category>
<category>000810.KS</category>
<category>2882.TW</category>
<category>2881.TW</category>
<category>0966.HK</category>
<category>2628.HK</category>
<category>AON.N</category>
<category>CB.N</category>
<category>HIG.N</category>
<category>LNC.N</category>
<category>MMC.N</category>
<category>TRV.N</category>
<category>AIG.N</category>
<category>ALL.N</category>
<category>AFL.N</category>
<category>PL.N</category>
<category>XL.N</category>
<category>ACE.N</category>
<category>MBI.N</category>
<category>PGR.N</category>
<category>MET.N</category>
<category>MFC.TO</category>
<category>RE.N</category>
<category>RNR.N</category>
<category>PRE.N</category>
<category>WSH.N</category>
<category>PNX.N</category>
<category>PFG.N</category>
<category>PRU.N</category>
<category>WRB.N</category>
<category>RGA.N</category>
<category>AHL.N</category>
<category>CNO.N</category>
<category>NFP.N</category>
<category>GNW.N</category>
<category>AGO.N</category>
<category>ACGL.O</category>
<category>AXS.N</category>
<category>AMP.N</category>
<category>GLRE.O</category>
<category>VR.N</category>
<category>AXA.AX</category>
<category>QBE.AX</category>
<category>SUN.AX</category>
<category>AMP.AX</category>
<category>IAG.AX</category>
<category>005830.KS</category>
<category>8795.T</category>
<category>2318.HK</category>
<category>2888.TW</category>
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<pubDate>Mon, 8 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[Property Casualty Insurance "4Q09 Earnings Wrap: Week 1" 08-Feb-2010 Meredith]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez85971|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Americas</li><br><li>United States</li><br><li>North America</li><br></ul><br><em>Sectors</em><br><ul><li>Global Insurance, Property &amp; Casualty</li><br><li>Global Financial</li><br><li>Global Insurance</li><br><li>US Insurance, Property &amp; Casualty</li><br><li>Americas Insurance, Property &amp; Casualty</li><br><li>Americas Financial</li><br><li>Americas Insurance</li><br><li>US Financial</li><br><li>US Insurance</li><br><li>North American Financial</li><br><li>North American Insurance, Property &amp; Casualty</li><br><li>North American Insurance</li><br></ul><br><em>Companies</em><br><ul><li>AON.N Aon Corp</li><br><li>CB.N Chubb Corp.</li><br><li>MMC.N Marsh &amp; McLennan</li><br><li>TRV.N Travelers Cos</li><br><li>ALL.N Allstate Corp.</li><br><li>XL.N XL Capital</li><br><li>ACE.N ACE Ltd.</li><br><li>PGR.N Progressive</li><br><li>RE.N Everest Re</li><br><li>RNR.N RenaissanceRe</li><br><li>PRE.N PartnerRe</li><br><li>WSH.N Willis Group Holding</li><br><li>WRB.N W. R. Berkley</li><br><li>AHL.N Aspen Insurance</li><br><li>ACGL.O Arch Capital Group</li><br><li>AXS.N Axis Capital</li><br><li>GLRE.O Greenlight Re</li><br><li>VR.N Validus Holdings</li><br></ul><br><em>Subjects</em><br><ul><li>Industry Overview</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Brian Meredith</author>
<category>AON.N</category>
<category>CB.N</category>
<category>MMC.N</category>
<category>TRV.N</category>
<category>ALL.N</category>
<category>XL.N</category>
<category>ACE.N</category>
<category>PGR.N</category>
<category>RE.N</category>
<category>RNR.N</category>
<category>PRE.N</category>
<category>WSH.N</category>
<category>WRB.N</category>
<category>AHL.N</category>
<category>ACGL.O</category>
<category>AXS.N</category>
<category>GLRE.O</category>
<category>VR.N</category>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez85971|native|public|20100208044016</guid>
<pubDate>Mon, 8 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[UBS FIG Overdraft 5-Feb-2010]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez85941|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Americas</li><br><li>United States</li><br><li>North America</li><br></ul><br><em>Sectors</em><br><ul><li>Global Banks</li><br><li>Global Diversified Financial</li><br><li>Global Savings &amp; Loan</li><br><li>Global Investment Services</li><br><li>Global Insurance, Life</li><br><li>Global Insurance, Property &amp; Casualty</li><br><li>Global Financial</li><br><li>Global Insurance</li><br><li>Global Financial Services</li><br><li>Global Banks, Ex-S&amp;L</li><br><li>Americas Banks</li><br><li>Americas Diversified Financial</li><br><li>Americas Savings &amp; Loan</li><br><li>Americas Investment Services</li><br><li>US Banks</li><br><li>US Diversified Financial</li><br><li>US Savings &amp; Loan</li><br><li>US Investment Services</li><br><li>US Insurance, Life</li><br><li>US Insurance, Property &amp; Casualty</li><br><li>Americas Insurance, Life</li><br><li>Americas Insurance, Property &amp; Casualty</li><br><li>Americas Financial</li><br><li>Americas Insurance</li><br><li>US Financial</li><br><li>US Insurance</li><br><li>Americas Financial Services</li><br><li>US Financial Services</li><br><li>US Banks, Ex-S&amp;L</li><br><li>Americas Banks, Ex-S&amp;L</li><br><li>North American Banks, Ex-S&amp;L</li><br><li>North American Banks</li><br><li>North American Financial</li><br><li>North American Diversified Financial</li><br><li>North American Financial Services</li><br><li>North American Insurance, Life</li><br><li>North American Insurance, Property &amp; Casualty</li><br><li>North American Insurance</li><br><li>North American Savings &amp; Loan</li><br><li>North American Investment Services</li><br></ul><br>]]></description>
<author>Andrew Kligerman</author>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez85941|native|public|20100205195856</guid>
<pubDate>Fri, 5 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[China Insurance Sector "PRC marketing feedback: a waiting game" 05-Feb-2010 Lo]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uev53813|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Asia</li><br><li>China</li><br><li>Asia Pacific</li><br><li>Asia Pacific Ex. JP</li><br></ul><br><em>Sectors</em><br><ul><li>Global Financial</li><br><li>Global Insurance</li><br><li>Asian Financial</li><br><li>Asian Insurance</li><br><li>Chinese Financial</li><br><li>Chinese Insurance</li><br><li>Asian Pacific Financial</li><br><li>Asian Pacific Insurance</li><br><li>Asian Pacific Ex. JP Financial</li><br><li>Asian Pacific Ex. JP Insurance</li><br></ul><br><em>Companies</em><br><ul><li>2628.HK China Life</li><br><li>2318.HK Ping An Insurance</li><br><li>601601.SS CPIC - A</li><br><li>2601.HK CPIC - H</li><br><li>601628.SS China Life - A</li><br><li>601318.SS Ping An - A</li><br></ul><br><em>Subjects</em><br><ul><li>Industry Overview</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Kenneth Lo</author>
<category>2628.HK</category>
<category>2318.HK</category>
<category>601601.SS</category>
<category>2601.HK</category>
<category>601628.SS</category>
<category>601318.SS</category>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uev53813|native|public|20100205131603</guid>
<pubDate>Fri, 5 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[First Read: Aon Corp "4Q09 Results: Initial Takeaways" (Buy) Meredith]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez85916|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Americas</li><br><li>United States</li><br><li>North America</li><br></ul><br><em>Sectors</em><br><ul><li>Global Insurance, Full-Line</li><br><li>Global Financial</li><br><li>Global Insurance</li><br><li>US Insurance, Full-Line</li><br><li>Americas Insurance, Full-Line</li><br><li>Americas Financial</li><br><li>Americas Insurance</li><br><li>US Financial</li><br><li>US Insurance</li><br><li>North American Financial</li><br><li>North American Insurance, Full-Line</li><br><li>North American Insurance</li><br></ul><br><em>Companies</em><br><ul><li>AON.N Aon Corp</li><br></ul><br><em>Subjects</em><br><ul><li>Company Update</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Brian Meredith</author>
<category>AON.N</category>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez85916|native|public|20100205124652</guid>
<pubDate>Fri, 5 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[South African insurance sector "Q4 2009 Unit trust ups and downs" 05-Feb-2010]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=ueq01295|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>South Africa</li><br><li>EMEA Emerging</li><br><li>UBSW EMEA</li><br><li>Emerging Markets</li><br></ul><br><em>Sectors</em><br><ul><li>EMEA Emerging Financial</li><br><li>EMEA Emerging Insurance</li><br><li>Global Financial</li><br><li>Global Insurance</li><br><li>South African Financial</li><br><li>South African Insurance</li><br><li>Global Emerging Financial</li><br><li>Global Emerging Insurance</li><br></ul><br><em>Companies</em><br><ul><li>LBHJ.J Libhold</li><br><li>SLMJ.J Sanlam</li><br><li>OMLJ.J Old Mutual ZA</li><br><li>DSYJ.J Discovery</li><br></ul><br><em>Subjects</em><br><ul><li>Industry Overview</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Michael Christelis, FIA, CFA</author>
<category>LBHJ.J</category>
<category>SLMJ.J</category>
<category>OMLJ.J</category>
<category>DSYJ.J</category>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=ueq01295|native|public|20100205103127</guid>
<pubDate>Fri, 5 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[China Insurance Sector "PRC marketing feedback: a waiting..." (Chinese Version)]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=zya02525|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Asia</li><br><li>China</li><br><li>Asia Pacific</li><br><li>Asia Pacific Ex. JP</li><br></ul><br><em>Sectors</em><br><ul><li>Global Insurance, Full-Line</li><br><li>Global Insurance, Life</li><br><li>Global Financial</li><br><li>Global Insurance</li><br><li>Chinese Insurance, Full-Line</li><br><li>Chinese Insurance, Life</li><br><li>Asian Insurance, Full-Line</li><br><li>Asian Insurance, Life</li><br><li>Asian Financial</li><br><li>Asian Insurance</li><br><li>Chinese Financial</li><br><li>Chinese Insurance</li><br><li>Asian Pacific Financial</li><br><li>Asian Pacific Insurance, Full-Line</li><br><li>Asian Pacific Insurance, Life</li><br><li>Asian Pacific Insurance</li><br><li>Asian Pacific Ex. JP Financial</li><br><li>Asian Pacific Ex. JP Insurance, Full-Line</li><br><li>Asian Pacific Ex. JP Insurance, Life</li><br><li>Asian Pacific Ex. JP Insurance</li><br></ul><br><em>Companies</em><br><ul><li>2628.HK China Life</li><br><li>2318.HK Ping An Insurance</li><br><li>601601.SS CPIC - A</li><br><li>2601.HK CPIC - H</li><br><li>601628.SS China Life - A</li><br><li>601318.SS Ping An - A</li><br></ul><br><em>Subjects</em><br><ul><li>Industry Overview</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Steve Ho</author>
<category>2628.HK</category>
<category>2318.HK</category>
<category>601601.SS</category>
<category>2601.HK</category>
<category>601628.SS</category>
<category>601318.SS</category>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=zya02525|native|public|20100205102600</guid>
<pubDate>Fri, 5 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[Global Insurance Daily Valuations 5-Feb-2010]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez85901|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br></ul><br><em>Sectors</em><br><ul><li>Global Financial</li><br><li>Global Insurance</li><br></ul><br><em>Subjects</em><br><ul><li>Industry Overview</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Andrew Kligerman</author>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez85901|native|public|20100205081755</guid>
<pubDate>Fri, 5 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[Zurich Financial "Good results, ROE challenge remains" (Neutral) Thiele]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer72739|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Switzerland</li><br><li>Europe Including UK</li><br><li>Europe Ex. UK</li><br><li>Global</li><br><li>UBSW EMEA</li><br></ul><br><em>Sectors</em><br><ul><li>Swiss Insurance, Full-Line</li><br><li>European Insurance, Full-Line</li><br><li>European Ex. UK Insurance, Full-Line</li><br><li>Global Insurance, Full-Line</li><br><li>Swiss Financial</li><br><li>Swiss Insurance</li><br><li>European Financial</li><br><li>European Insurance</li><br><li>European Ex. UK Financial</li><br><li>European Ex. UK Insurance</li><br><li>Global Financial</li><br><li>Global Insurance</li><br></ul><br><em>Companies</em><br><ul><li>ZURN.VX Zurich Financial</li><br></ul><br><em>Subjects</em><br><ul><li>Company Update</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Marc Thiele</author>
<category>ZURN.VX</category>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer72739|native|public|20100205040031</guid>
<pubDate>Fri, 5 Feb 2010</pubDate>
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