Global specialty property and casualty insurer and reinsurer, Catlin Group has chosen Guidewire InsuranceSuite as its new platform for rating, underwriting and policy administration, claims management, and billing. As part of a plan to ...
Tags: Catlin Group, Insurancesuite
Zurich-based Swiss Reinsurance (Swiss Re) is reportedly looking for viable options to divest Aurora National Life Assurance Co, as the company seeks to exit the US life and health insurance market. People familiar with the matter were ...
Tags: Life Insurance, Swiss Reinsurance
Affordable Care Act (ACA) also known as Obamacare, the flagship complimentary health insurance program for all the US denizens, is proving to be a major setback for insurers, and nine insurance firms are pulling out of Nebraska medical ...
Tags: Insurers, Healthcare Insurance
Aplifi, a leading provider of life & annuity order management, client management, and electronic document delivery for the financial services and insurance market segments, announced today that it has contracted with Standard Insurance ...
London-based insurer RFIB Group (RFIB) has officially launched its new representative office in Durban, South Africa, as part of its strategy to boost its operation in the sub-Saharan insurance market. RFIB director John Hoggard has been ...
Tags: RFIB, Representative Office
Capgemini, a global consulting, technology and outsourcing services firm, has launched its new Platform as a Service (PaaS) offering, known as Insurance Connect, designed for the property and casualty (P&C) insurance market. Leveraging ...
Indonesian joint venture partners Sinar Mas Group and CT Corp are planning to divest their share in insurance company Mega Life to a foreign partner. Established in 2003 as an insurance joint venture (JV) between Sinar Mas and CT Corp, ...
Global insurance market Lloyd's has posted a profit of $2.1bn for the six-month period ended on 30 June 2013, compared to $2.4bn recorded during the corresponding period last fiscal. Gross written premium increased by 4.9% to $23.9bn from ...
The UK International Underwriting Association (IUA) has urged the US government to keep providing its support for writing of terrorism insurance. "Without a renewal of the Terrorism Risk Insurance Act (TRIA), private provision of ...
Tags: Insurance
New York-based multinational insurance holding company AmTrust Financial Services has inked a contract to acquire the Insco Dico Group, in a transaction worth nearly $85m. Funded through existing working capital, the acquisition is ...
Tags: Service
Securian Financial Group, a US-based financial services holding company, has established a new Voluntary Employee Benefits Group under Minnesota Life Group Insurance, in a bid to enhance its business footprint. The voluntary benefits ...
SafeAuto Insurance Company has rolled out auto insurance policies in California through a partnership with SCJ Insurance Services, starting from 12 September 2013, expanding its presence in 17 US states. The company forays into one of the ...
Tags: Insurance, Auto Coverage
Malaysia-based diversified financial conglomerate CIMB Group is seriously exploring options to divest certain stake in Indonesian life-insurance joint venture (JV), PT CIMB Sun Life, to leverage growth opportunities in Southeast Asia. ...
Tags: Life-Insurance, CIMB Mulls
Foreign insurance giants have cast eye on the Chinese vehicle insurance market in succession. Hubei Biocause Pharmaceutical Co., Ltd. (SZSE: 000627), a shareholder of Tianping Auto Insurance Co., Ltd., said in a statement on September ...
Tags: Vehicle Insurance, Service
The ERGO Insurance Group, which is part of the Munich Re Group, has launched a joint venture (JV) ERGO China Life to offer life insurance to private customers in the Chinese province of Shangdong. Shandong is said to be the third largest ...
Tags: ERGO Insurance, China Life