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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Active Energy Group Plc | LSE:AEG | London | Ordinary Share | GB00BPG7NS80 | ORD GBP0.0035 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.055 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
DOW JONES NEWSWIRES
A Federal District Court judge in Iowa has affirmed a $13.1 million patent-infringement award to Lincoln National Corp. (LNC) regarding a computerized method of administering variable annuities.
A jury in February decided in favor of Lincoln National in its lawsuit against fellow insurer Transamerica, owned by Aegon NV (AEG).
Variable annuities have been a key worry for life insurers as they guarantee minimum returns. But the stock-market rout, which ended in March for now, raised concerns about annuity sellers' ability to cover promised payments.
A Transamerica spokesman couldn't immediately be reached for comment.
-By Kevin Kingsbury, Dow Jones Newswires; 201-938-2136; kevin.kingsbury@dowjones.com
1 Year Active Energy Chart |
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