ing groep

Dutch bank ING Groep (ING) is preparing its U.S. insurance business for an IPO. ING agreed to separate its banking and insurance businesses by the end of 2013 so it could get European Commission approval for a government bailout, Bloomberg News said. The bank is now considering IPOs for both its...

After a painful 2008, insurance companies have made a comeback, with plenty of cash on their balance sheets. As a result, mergers and acquisitions will likely dominate the insurance and reinsurance market in 2010.

Executives at ING, the Dutch banking, insurance and asset-management company, are predicting a broad recovery for the U.S. economy in 2010. And they see that fueling a tremendous stock market rally, taking the S&P 500 to levels approaching 1275 -- about 15% higher than its current level. The...