Hudson's Bay Company reported its results for the 13-week period ended August 3, 2013. Consistent with the first quarter of fiscal 2013, the second quarter was characterized by strong same store sales growth at Hudson's Bay and rising ...
Tags: Apparel
US-based property/casualty underwriter Western Reserve Group has chosen Guidewire's InsuranceSuite, as its new platform for rating, underwriting and policy administration, claims management, and billing. Additionally, the insurer has also ...
Tags: Service
Berkshire Hathaway Specialty Insurance has named Todd M Greeley as its new vice president, claims, executive & professional lines, to boost the service offering to the clients. Prior to accepting the current role, Greeley was serving as ...
Tags: Insurance, Berkshire Hathaway
Elders Limited has agreed terms with its existing financiers to renew and extend its syndicated finance facilities to 31 December 2014, as part of a comprehensive plan to secure the repositioning and sustainability of the company as a pure ...
Foreign insurance giants have cast eye on the Chinese vehicle insurance market in succession. Hubei Biocause Pharmaceutical Co., Ltd. (SZSE: 000627), a shareholder of Tianping Auto Insurance Co., Ltd., said in a statement on September ...
Tags: Vehicle Insurance, Service
Brit Group Specialty, an Amsterdam-based global specialty insurance and reinsurance firm, is all set to expand its distribution network in Bermuda with the opening of new branch office. The new office, which is subject to regulatory ...
Tags: Brit Group, Distribution Network
Endurance Specialty Holdings, a Bermuda-based provider of property and casualty insurance and reinsurance, is to expand its Asia Pacific reinsurance business with the addition of its Singapore-based Global Catastrophe Reinsurance (GCR) ...
Lancashire Holdings’ proposed plan to acquire Cathedral Capital Limited, a privately owned Lloyd's insurer, in an all-cash deal worth £266m, has been approved by its shareholders. The transaction, originally signed on 7 ...
Tags: Lancashire Holdings, insurer
Arthur J Gallagher, an Illinois-based insurance brokerage and risk management services firm, has signed a deal to purchase the Giles Group of Companies (Giles) of London for an undisclosed amount. Giles is an independent retail broker ...
Tags: Arthur J Gallagher, Giles Group
RenaissanceRe Holdings, a Bermuda-based reinsurer of natural and man-made catastrophes, has signed a deal with Munich Re to sell its American weather and energy risk management unit, RenRe Energy Advisors (REAL). REAL offers a wide range ...
Tags: RenaissanceRe, Munich Re
Hong Kong insurance industry has reported gross premiums of $143.7bn in the first half ended on 30 June 2013 (H1), up 14.5%, compared during the same period in 2012, according to the Office of the Commissioner of Insurance. For the long ...
Tags: Insurance
Indian Insurance Regulatory and Development Authority (IRDA) is mulling a proposal to allow insurance companies to offer five-years health insurance policies, in a bid to help customers by making renewal process easy. General and ...
Tags: Health Insurers, Service
Vantis Life Insurance has deployed a business process driven software suite called FAST Insurance Components to support commissions processing for its life and annuity business. FAST Insurance Components is developed by Flexible ...
Tags: Vantis Life Insurance, Insurance
American International Group (AIG) has rolled out Launch Plus 10, a new product that provides risk coverage for satellite owners and operators for the first 10-years of their satellite’s in-orbit operation. The new product will be ...
Insurance products and services provider Randall & Quilter Investment Holdings has closed the acquisition of the entire issued share capital of Woodcroft Insurance Company. Woodcroft, which has been captive insurer for John Laing, wrote ...