American International Group (AIG) has set up a new business unit, known as Connective Mortgage Advisory, with an aim to identify and purchase residential mortgages for investments. Leveraging AIG's investment expertise and the experience ...
Tags: AIG, loan-servicing component, insurer
American International Group (AIG) has registered a net loss of $4bn, or $2.68 per diluted share, for the fourth quarter of 2012 compared to net income of $21.5bn, or $11.31 per diluted share, during the same period last fiscal. After-tax ...
Insurance and financial services organization Starr Companies has named Jeffrey Hayman as the new president of its international insurance operations. In his new role, Hayman will oversee the overall growth, profitability, distribution, ...
Tags: Starr Companies, Jeffrey Hayman, president, insurance
Chicago-based insurance brokerage firm Hub International(Hub)has completed acquisition of Intercare Insurance Solutions,for an undisclosed sum. Intercare will now join California operations of Hub International Insurance Services(Hub ...
Tags: Hub International, Intercare Insurance, acquisition, undisclosed sum
Hub International Limited (Hub), a US-based insurance brokerage company, has completed acquisition of the assets of Benefit Concepts for an undisclosed amount. Benefit Concepts, a Louisiana-based employee benefits brokerage firm, will now ...
Tags: Hub, US, insurance brokerage company, Benefit Concepts, insurance
International insurance brokerage and risk management firm Arthur J Gallagher & Co has completed purchase of Florida-based Corporate Benefits Advisors (CBA) for an undisclosed amount. As part of the acquisition, CBA chief executive ...
Tags: Arthur J Gallagher, CBA, Corporate Benefits Advisors, insurance
Iran oil industry has launched an international insurance company to insure the tankers transporting its crude oil across the globe. Iranian Oil Minister Rostam Qassemi was quoted by English.farsnews.com as saying that after international ...
Tags: international insurance company, insurance company, oil tankers
International insurance brokerage and risk management firm Arthur J Gallagher & Co has purchased a minority stake of 21.3% in Mexcio based insurance broker Casanueva Perez (Grupo CP). Terms and conditions of the transaction have not been ...
Tags: insurance brokerage, risk management, commercial retail property
Specialty insurance brokerage firm Alliant Insurance Services has added three risk management and insurance producers in its New York City office to oversee its new group,Asia Strategic Resources(ASR). The new operation specializes in ...
Tags: Asia Strategic Resources Group, senior vice president Ryad Dahbi
London based Specialty Lines broker R K Harrison Insurance Brokers and Chile's Conosur Corredores de Seguros Y Reaseguros (Conosur) have inked an agreement to collaborate on all new insurance and reinsurance business that emerge from Chile. ...
Tags: R K Harrison Insurance, Conosur, international insurance markets
Wells Fargo Insurance has appointed Ken Fraser as the head of the Risk Management and International Insurance Practice and the Wells Fargo Global Broker Network. Ken Fraser will be based in Atlanta and report to Anne Doss,head of National ...
ProSight Specialty Underwriters has appointed Ciaran O'Donnell as its Finance Director,effective immediately. O'Donnell served as finance director for several international insurance companies and the Lloyd's market and most recently he ...
International insurance brokerage Arthur J Gallagher & Co has purchased Michigan based Charter Lakes Marine Insurance Agency, in a bid to boost its marine insurance operations in the region. Terms and conditions of the deal have not been ...
Tags: Charter Lakes Marine Insurance Agency, marine insurance, insurance, deal
(i) Survey of the Development Zones The investment environment in these zones is becoming more and more perfect after years of development and construction. Infrastructure has been accomplished with roads, electricity supply, water ...
Tags: Hebei province, survey, economy, investment
DirectAsia.com Hong Kong has successfully deployed Sapiens International's web-based direct insurance software, Sapiens IDIT Software Suite. The deployment follows implementation of IDIT software suite at DirectAsia.com Singapore in June ...
Tags: insurance software, Sapiens IDIT Software Suite, international insurance