RGA Reinsurance Company has been granted a preparatory license by the China Insurance Regulatory Commission (CIRC) to operate a licensed life reinsurance branch in Shanghai, China, which is likely to be fully operational within one year. ...
Xicato, a leading provider of LED modules for retail, hospitality and specialty lighting environments, today announced that for the first time, lighting designers and specifiers can, with a single click on Xicato's website, identify a broad ...
Sydney-based underwriter QBE Australia is to divest its National Credit Insurance Brokers (NCIB) business and professional indemnity authorized representative Invivo by the end of 2013. Following completion of listing process, the ...
Tags: Insurance Brokerage, QBE
Commercial insurer Harford Mutual Insurance Companies (Harford Mutual) has selected Guidewire InsuranceSuite as its new platform for rating, underwriting and policy administration, claims management, and billing. InsuranceSuite will help ...
Global insurance and reinsurance company XL Group's Bermuda Professional Lines Unit has introduced a new Wage & Hour Liability insurance product to help new and existing clients to better manage their risks from employee compensation and ...
Global insurance and reinsurance company XL Group has named Valérie Devaux - Piquer as the new casualty underwriting manager, Europe, Reinsurance, effective from 1 September 2013. Based in Paris, France, she will succeed Dieter ...
Japan-based financial services provider ORIX Corporation has signed an agreement to acquire approximately 25.7% of issued shares of Bahrain-based the Mediterranean and Gulf Insurance and Reinsurance Company (MEDGULF). ORIX, which entered ...
Tags: Service
Brown & Brown of New York has completed acquisition of certain assets of The Rollins Agency for an undisclosed amount. With annual revenues of approximately $5.5m, The Rollins Agency has been providing a range of insurance products and ...
Tags: Rollins Agency, Brown&Brown
Xicato, a leading provider of LED modules for retail, hospitality and specialty lighting environments, today announced the launch of its new website. Utilizing the site's significantly enhanced, content-rich user interface, the lighting ...
Tags: LED Lighting, Lights, Lighting
Bermuda-based Enstar Group (ESGR) has signed definitive agreements with Arden Holdings to acquire Atrium Underwriting Group and Arden Reinsurance Company for approximately $183m and $79.6m respectively. Enstar CEO Dominic Silvester said, ...
Tags: Enstar, Arden Reinsurance
Italy-based underwriter Generali Group has entered into an agreement to dispose of its US life reinsurance business to SCOR, in a deal valued at nearly $920m in a grouping of cash and collateral. Under the terms of the transaction, nearly ...
Tags: Generali, Life Reinsurance
Tower Group International (TWGP) has inked a deal to purchase American Safety Reinsurance (ASRe), the Bermuda-based reinsurance firm, from Fairfax Financial, at a total consideration of nearly $59m. After completion of the transaction, ...
Tags: Tower Group, Fairfax Financial
XL Group has unveiled a new Reinsurance Global Emerging Markets unit to benefit development in reinsurance markets. Led by Philippe Rochaix, who is currently in charge of the Latin America Reinsurance operations, the unit will form part ...
Tags: XL Group, Emerging Markets
New York City-based private equity company Southport Lane has acquired Imperial Management Corporation along with its subsidiary, Imperial Fire & Casualty, in an all-cash transaction. Headquartered in Louisiana, US, Imperial Fire & ...
Tags: insurance, Southport Lane
Global risk advisor, insurance and reinsurance broker, Willis Group's Maryland subsidiary has completed acquisition of accounts and certain personnel formerly associated with Maryland-based employee benefits insurance broker T.E. Burke & ...
Tags: risk advisor, Willis Group