First Capital-AWIS and Hudson Insurance Group have jointly launched new insurance services professional liability primary and excess facility for brokers and policyholders. Underwritten by Hudson and administered exclusively by First ...
Tags: First Capital, Liability Facility
Couch Braunsdorf, an Assurex Global Partner, has announced two promotions in an effort to support the company's expansion across the country. Christopher Baker has been promoted to the position of manager for Personal Lines Department of ...
Tags: Couch Braunsdorf, Expansion
Arthur J Gallagher & Co, a US-based insurance brokerage and risk management services firm, has purchased UK–based Property & Commercial Limited from Barbon Insurance Group, in a bid to further strengthen its operation in the country. ...
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 ...
Foreign banks continue selling stake in Chinese lenders due to uncertainties of the Chinese economy. Sources said recently that HSBC would sell an eight percent stake in Bank of Shanghai, a city-level commercial lender in the Chinese ...
Tags: Foreign Bank, bank, economy
New York-based private equity firm, Aquiline Capital Partners has completed the purchase of Equity Insurance Group from Insurance Australia Group. Based in the UK, Equity Insurance is one of the ten largest motor insurance syndicate at ...
Tags: Aquiline Capital, Equity Insurance
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 ...
Florida-based MDW Insurance Group has acquired American Benefit Partners, an employee benefits consulting firm, to boost the scope of its benefits practice and expand footprint into Palm Beach County, South Florida. Financial terms of the ...
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 ...
Regions Insurance, an affiliate of Regions Bank, has introduced an online life insurance platform to help customers better understand, compare and purchase life insurance. Available on the company's web site at regionsinsurance.com, the ...
Tags: Regions Insurance, Life Insurance
American Modern Insurance Group has signed a multi-year agreement with Symbility Solutions to implement Claims Connect into its operations. Under the terms of the agreement, American Modern Insurance will deploy the property and casualty ...
A wholly-owned subsidiary of Bermuda-based Enstar Group (ESGR) has acquired HSBC Insurance Company of Delaware and Household Life Insurance Company of Delaware as well as its three subsidiary insurers from Household Insurance Group Holding ...
Property and casualty insurance provider, the Hanover Insurance Group (THG), has introduced a new billing system, to offer convenience and flexibility in the billing process, while enabling agents to boost customer relationships. The US ...
US-based diversified conglomerate Berkshire Hathaway has agreed to reimburse $610m to Swiss Re, a re/insurance group, over a life retrocession agreement that was completed in 2010. After the completion of the agreement, the total ...
Tags: Service
Great American Insurance Group has introduced new professional liability division to offer Errors and Omissions (E&O) liability insurance coverage across the nation excluding Louisiana, Alaska and Hawaii. Based in the New York area, the ...
Tags: Great American Insurance, Liability Division, Insurance