Global insurance and reinsurance company XL Group's Bermuda Professional Lines Unit has introduced a new Wage & Hour Liability insurance product to help new and existing clients to better manage their risks from employee compensation and ...
Genworth Financial has expanded its family of SecureLiving Fixed Index Annuities with the launch of SecureLiving Index 5, a five-year, single premium fixed deferred annuity. The new annuity assures 104% of the premium at the end of the ...
Financial services provider Teachers Assurance has launched its improved home insurance policy that is rated 5 Star by Defaqto, an independent financial research company. The new policy offers an annual discount of up to 12% for teachers ...
Dutch financial services firm ING has completed the sale of approximately 7.9% direct stake in Brazil-based insurance provider Sul América to International Finance Corporation (IFC). The sale follows the agreement that ING entered ...
Smart process applications provider Kofax has said that a major life insurance carrier based in the US has expanded the usage of its systems to improve the pace of claims processing. The carrier has invested an additional $550,000 to ...
Tags: Life Insurer, Kofax Systems
Dalian Wanda Group Corporation Ltd. is set to hold a foundation stone laying ceremony for its tourism resort project in Nanchang today. The project, expected to come into use in 2015, will cover an area of nearly 300 hectares. With a ...
Tags: Service, Wanda Group
media quoted words of eBay CEO John Donahoe saying that the leading e-commerce service provider is likely to become the first foreign company to win payment license in China, although it will not follow local peers to kick off fierce ...
CITIC Capital Holdings announced on June 17 that it completed financing USD 683 million for CITIC Capital China Retail Properties Investment Fund, exceeding the targeted USD 600 million. It is the fourth real estate fund under CITIC ...
Tags: Metallurgy, Mineral, Energy, Service
Global insurance and reinsurance company XL Group has named Valérie Devaux - Piquer as the new casualty underwriting manager, Europe, Reinsurance, effective from 1 September 2013. Based in Paris, France, she will succeed Dieter ...
US-based health care benefits company Aetna is planning to stop issuing health care products to individual consumers in California at the end of 2013. The health insurer, which notified California's insurance regulator about its impending ...
Freedom Specialty Insurance Company, a subsidiary of Scottsdale Insurance Company, has released the Freedom Lease Protection Plan policy for property owners and managers (POMs). The new policy is designed to help multifamily POMs against ...
UK-based independent brokerage Drewberry Insurance has launched a new protection payout rate tool that provides the payout rates across 11 different providers for income protection, critical illness insurance and life insurance. The new ...
QBE Insurance (Malaysia) and British Marine have launched an improved marine insurance product to offer a liability limit of up to $500m. With the enhanced product, the company estimates to write an excess of RM5m in gross written ...
Digital Benefit Advisors has launched Digital Benefits Marketplace, a private exchange to help employers of all sizes to control benefits costs. The exchange, which will be introduced in the coming months in several US states, will offer ...
Tags: Digital Benefit, Private Exchange
Retail sales showed positive momentum to varying degrees in May, according to data released today by the United States Department of Commerce and the National Retail Federation (NRF). Commerce reported that May retail sales at $421.1 ...