Crum & Forster, an insurance group and a part of Fairfax Financial Holdings, has named Ahmed (Abe) Yaknour as the company’s chief technology officer. Yaknour will manage the architecture of the company's infrastructure, as well as ...
Tags: Fairfax Financial Holdings, chief technology officer, insurance
Vienna Insurance Group has completed the merger of non-life insurers InterRisk and PZM to expand its market presence in Poland. InterRisk and PZM achieved premiums of over EUR80m in the first quarter of 2012 and the two companies will ...
Tags: Vienna Insurance, merger, InterRisk, insurance market
Vienna Insurance (VIG) has posted a profit (before taxes, consolidated) of €301.7m for the first half of 2012, up by almost 7% compared to the profit earned last year during the same period, primarily due to growth in premium income ...
Tags: Insurance, profit, premium income, Vienna Insurance Group
Zurich Insurance Group (Zurich) has reported a business operating profit (BOP) of $1.13bn for the second quarter of 2012, with a slump of 12% from $1.28bn during the same period last fiscal. Zurich headquartered underwriter said that its ...
Tags: Zurich Insurance, operating profit, net income, insurance
The third biggest underwriter in Europe Generali has appointed Mario Grecoas its new CEO, after terminating the employment contract between the company and Giovanni Perissinotto as general manager. Before accepting the current position at ...
Zurich Private Clients is planning to re-launch its high net worth Travel insurance product for customers in late 2012. Dubbed Zurich Private Clients Travel policy, the new travel product is only available as an extension to Home and ...
Tags: travle insurance, insurance product, insurance service, travel product
Zurich has named Vinicio Cellerini as chief executive officer (CEO) of global corporate in the UK (GCUK), effective August 1, 2012. Cellerini will replace Ann Haugh who has been named as chief of staff for Zurich Insurance Group effective ...
Tags: Zurich, Vinicio Cellerini, UK company, insurance
American Financial Group has reported net earnings attributable to shareholders of $226m or $2.39 per share for the third quarter of 2012, with an increase of 133% from $97m, or $0.95 per share, during the same period last year. Its core ...
Tags: American Financial Group, net earnings, quarter 3, shareholder
Switzerland’s Zurich Insurance Group has reported that its net profit attributable to shareholders after taxes for the third quarter of 2012 has declined by 62% to $477m from $1.2bn during the same period a year ago. Total business ...
Tags: Zurich Insurance Group, net profit, insurance, quarter 1
OneBeacon Professional Insurance (OBPI) has introduced a new non-admitted Lawyers' Professional Liability product for use by the law firms in certain areas of practice. OBPI's Lawyers' Professional Liability (LPL) Division senior vice ...
Tags: OBPI, Liability product, insurance product, insurance service
Liberty Mutual Insurance Group, a diversified underwriting start up, has forayed into Ecuador’s insurance arena, riding on two acquisitions including Panamericana de Seguros del Ecuador and Cervantes Compania de Seguros y Reaseguros. ...
Tags: Liberty Mutual Insurance Group, Ecuador, acquisition, insurance
A French subsidiary of Helvetia insurance group has received European Commission approval for the acquisition of Gan Eurocourtage's marine and transport insurance contracts (excluding aviation and space) and related brokerage businesses, ...
Tags: Helvetia, insurance, European Commission, acquisition
US life insurer Encompass, a subsidiary of Allstate, and Brasher Insurance have teamed up to offer affordable home and car insurance to the denizens of Utah, US. Under the new partnership, Brasher will offer insurance coverage through ...
Tags: Encompass, life insurance, home and car insurance, Utah, Brasher Insurance
Pennsylvania-based Erie Indemnity (ERIE) has appointed Robert Ingram III as its new executive vice president and chief information officer (CIO), effective from 13 August 2012. Ingram, in his new role will oversee the ongoing design of ...
Tags: Erie Indemnity, Robert Ingram III, insurance, insurance company
Farmers Insurance has unveiled a new facility, named as AgencyPoint in Baltimore, which will serve as an agency recruitment and training center for candidates looking to become Farmers independent business owners. The new centre is a part ...
Tags: Farmers Insurance, AgencyPoint, agency recruitment, insurance, training