Limited Brands announced the appointments of Michael G. Morris and Dr. E. Gordon Gee to its Board of Directors. Mr. Morris is the Chairman of the Board of Directors of American Electric Power Co., Inc., one of the nation's largest ...
Lincoln Financial Advisors has named Stefan Lambert as its new managing principal, who will supervise recruitment of new advisors, retention and risk management. Lincoln Financial Advisors' Atlantic Regional Planning Group, which includes ...
Tags: Lincoln Financial Advisors, Stefan Lambert, managing principal
MMI Holdings is planning to aquire 100% stake in Momentum Short-term Insurance for an undisclosed amount. MMI Holdings and OUTsurance Holdings boards have already approved the transaction, which will be subject to regulatory approvals, ...
Tags: MMI Holdings, short term insurance, insurance, acquisition
Risk Strategies Company (RSC), an insurance brokerage, has appointed John Wilcox as its new president and chief operating officer. Wilcox, who will report to RSC chief executive officer Michael Christian, will be responsible for ...
Tags: RSC, insurance brokerage, John Wilcox, operating officer, insurance
UK-based Barbon Insurance has appointed Mike Ramsey as its new chief executive officer to replace Martin Oliver, effective from June 2012. Ramsey previously served as chief executive officer of life, accident & health Europe division of ...
Tags: Barbon Insurance, Mike Ramsey, chief executive officer, Martin Oliver
UK based Financial Services Authority (FSA) and Lloyd's of London have approved W R Berkley Syndicate Management to work as a Lloyd's managing agent. As per the agreement, effective from 1 June 2012, WR Berkley Syndicate Management will ...
Tags: FSA, W R Berkley Syndicate Management, managing agent, reinsurance
US commercial property and casualty insurance provider CNA Financial has acquired Hardy Underwriting Bermuda for approximately $230m. After the integration, Hardy will continue to trade under its own brand and its existing leadership team ...
Tags: CNA Financial, Hardy Underwriting Bermuda, acquisition, insurance
Netherlands-based financial services provider Delta Lloyd has signed an agreement with SynerScope to use its visual analysis software for detection and prevention of insurance fraud. The software is scheduled to be deployed by the company ...
Allied World Financial Services Company, a subsidiary of Allied World Assurance Company, has entered into strategic partnership with MatlinPatterson, a US-based private equity and hedge fund firm, to expand its asset management business. ...
Tags: Allied World Financial Services Company, assurance, financial service
Manulife Financial has appointed Craig Bromley as senior executive vice president and general manager for its US Division as well as president of John Hancock Financial Services, effective from 1 September 2012. Bromley will join the ...
Tags: Manulife Financial, Craig Bromley, executive vice president
The Hartford, a US-based insurance and financial services company, has selected Guidewire ClaimCenter as its new solution to manage all of its property and casualty claims. Commenting about the selection, The Hartford claims executive ...
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Canada based financial services group Manulife Financial has acquired Benesure Canada, a third party administrator and distributor of life and disability creditor insurance services for mortgage brokers, in an undisclosed deal. Following ...
Tags: Manulife Financial, Benesure Canada, acquisition, life insurance
Religare Health Insurance (RHICL) has formally launched its general insurance operations with head office in Delhi, India, as part of its business initiations in July 2012. Religare Health Insurance MD &CEO Anuj Gulati said, "Given our ...
Tags: Health Insurance, insurance operations, insurance firm, insurance
Generali, an Italian underwriter has inked a deal with Eliahu Insurance to dispose its 69.13% controlling stake in Migdal Insurance and Financial Holdings for €705m, which is 16% down compared to a price of €835m settled in March ...
Tags: Generali, insurance, acquisition agreement, Solvency
CNA Financial has selected Michael Kirchgessner as the vice president of Umbrella for commercial underwriting, in a bid to expand its underwriting capabilities. CNA Commercial chief underwriting officer John Beckman said the company is ...
Tags: CNA Financial, Michael Kirchgessner, vice president, finance