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. ...
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
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
XL Group has announced new additions to its primary casualty, excess casualty, marine, construction and regional management teams in Atlanta, expanding and boosting its insurance underwriting operations. XL Group North America regional ...
On April 19, Shanxi Province-based Chinese steelmaker Shanxi Taigang Stainless Steel Co.announced its financial report for the first quarter of the current year. Accordingly, in the given period the company's operating revenue totaled RMB ...
Tags: steel, Metallurgy, Mineral, Energy, shanxi
London-based underwriter Aviva is considering purchasing the Co-operative Group general insurance business in a deal valued at approximately £650m ($989.82m). Co-operative Group, which operates as one of the UK's largest consumer ...
Tags: Aviva, Co-Operating Insurance
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
Sichuan Province-based Xichang Mining Co., a subsidiary of Chongqing-based Chinese steelmaker Chongqing Iron and Steel (Group) Co., has announced that it has decided to issue short-term bonds on April 17 worth a total of RMB 150 million ...
Tags: Xichang Mining, Short-Term Bonds
On April 9, Chinese steelmaker Pangang Steel Vanadium & Titanium Plant Co., a subsidiary of Sichuan Province-based Chinese state-owned steel producer Panzhihua Iron and Steel (Pangang Group), announced that it has decided to issue ...
Tags: Pangang Steel, Mineral
Munich American Reassurance has introduced new key enhancements to its EDGE Life and Disability Income (DI) underwriting manuals, during the Association of Home Office Underwriters (AHOU) 12th Annual Conference. The manuals' enhancements ...
Tags: Munich Re, Underwriting Manuals
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 ...
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 ...
HSBC Insurance (Singapore) has agreed to dispose of its group term life insurance and group medical insurance portfolios in Singapore to AXA Life Insurance Singapore, for an undisclosed sum. According to the underwriter, the gross asset ...
Tags: HSBC, Medical Insurance, Insurance
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 ...
Canadian mutual insurance firm Wawanesa Mutual Insurance Company has chosen Guidewire’s PolicyCenter and BillingCenter as its new underwriting and policy administration technology and to manage its billing operations, respectively. ...
Tags: Wawanesa, Guidewire Technologies, Insurance Operations