The Hartford has reported net loss of $241m, or $0.58 per diluted share, against net income of $96m, or $0.18 per diluted share, during the first quarter a year ago. First quarter net income included a $541m, after tax, unlock charge due ...
US mutual insurer Sentry Insurance has introduced a mobile version of its risk management solution at the 2013 RIMS Annual Conference & Exhibition in Los Angeles, US. Dubbed Sentry Insight Mobile, the new solution offers an enhanced, ...
Property and casualty insurer ACE has reported net income of $953m during the first quarter of 2013, with a decrease of 2% compared to $973m during the corresponding period earlier year. For the latest quarter period ended on 31 March ...
Tags: ACE, Net Income
Multinational insurance holding company AmTrust Financial Services has completed the acquisition of Sequoia Insurance and its subsidiaries, Sequoia Indemnity and Personal Express Insurance (Sequoia), for a consideration of nearly $60m. ...
ACE Medical Risk Group has teamed up with Trust Risk Management Services (TRMS) to provide admitted professional and general liability policy, designed to offer insurance protection to individuals and small groups of allied healthcare ...
Tags: ACE Partners, Liability Coverage
Global risk management company DriveCam has signed a strategic partnership agreement to provide managed services to Crum & Forster’s (C&F) policyholders, as part of C&F’s loss control/safety management services. Crum & Forster ...
Multinational insurance holding company AmTrust Financial Services has inked an agreement with the UK-based CPP Group to acquire CPPNA for approximately $40m. Headquartered in Saint Louis Park, Minnesota, CPPNA provides administrative ...
Property and casualty insurer ACE has established a $95m special purpose vehicle, Altair Re, to offer additional collateralized capacity for its global reinsurance business. The capital will be used to largely support ACE Tempest Re's ...
Tags: ACE, Special Purpose Vehicle
ACE European Group has named John Napier as the new non-executive chairman of two of its key entities, ACE European Group and ACE Underwriting Agencies. The appointment of Napier, who previously has undertaken senior roles within UK and ...
Tags: ACE European Group, appointment
ACE Group, a multiline property and casualty insurer, has unveiled a new agriculture property and casualty insurance business, known as ACE Agribusiness, in a bid to further reinforce its presence in the sector. The newly established ...
US property and casualty insurance broker, Keystone Insurers Group has added Warner Robins-based Hunt-Miller Insurance Agency as its 12th franchise partner in Georgia, US. Keystone Georgia vice president Kaye Garruto said Hunt-Miller ...
A full service insurance brokerage, The CG&B Group, has completed acquisition of the majority of assets of Believer Plus Insurance Brokers, for an undisclosed amount. Representing the 16th acquisition made by the group in the past 16 ...
AssuredPartners of Florida has acquired all of the assets of Alan James Insurance, an insurance broker specializing in insurance products and services designed for the south-Florida real estate market. The acquirer expects that the ...
Tags: Insurance, insurance broker, AssuredPartners
ACE Group, a multiline property and casualty insurer, has unveiled a new insurance plan covering global life science risks for organizations in continental Europe, designed to further build its casualty offering for businesses in the ...
Lighthouse Casualty Insurance Company (Lighthouse), an Illinois-based non-standard automobile insurer, has selected Insuresoft's Diamond System Suite for policy administration, underwriting, billing, and claims management. Lighthouse ...
Tags: Lighthouse Insurance, Insurance