Mitsui Sumitomo at Lloyd’s, a part of the MS&AD Group has appointed two senior underwriters, in a bid to leverage and increase its international liability insurance market share. The company has appointed Peter Graham, a former ...
Tags: Mitsui Sumitomo, senior underwriter, liability insurance, insurance
The MGIS Companies (MGIS) has announced the sale of medical-professional liability insurance retail brokerage unit, MGIS Property & Casualty Insurance Services (MGIS P&C) in an effort to focus on its specialised insurance underwriting and ...
Tags: MGIS, medical professional liability insurance, liability insurance
RSA has signed an agreement with Rotterdam-based underwriting firm Charterama to jointly market and distribute Charterers’ Liability cover on a global basis, effective from 1 November 2012. Under the terms of the agreement, RSA will ...
Tags: RSA, Charterama, liability, insurance, insurance market
Beazley in Chicago has appointed Pamela Sfikas, a management liability underwriter, to strengthen the company's US team. Pam will specifically focus on building the EPL, Private Company D&O and Fiduciary books of business in the country. ...
Tags: Beazley, Pamela Sfikas, liability, insurance
Specialty insurance firm RLI is set to extend the coverage of its personal umbrella policy for Florida residents by offering a reduced liability attachment point. According to the provider, Personal umbrella coverage will be made ...
Tags: RLI, personal umbrella policy, reduced liability attachment, insurance
W. R. Berkley has appointed Michael Connor as president of Continental Western Group, a provider of commercial insurance services. Connor succeeds Bradley Kuster, who will oversee other activities within the WRB group of companies. ...
Tags: Continental Western Group, commercial insurance, insurance service
Vienna Insurance Group has completed the merger of non-life insurers InterRisk and PZM to expand its market presence in Poland. InterRisk and PZM achieved premiums of over EUR80m in the first quarter of 2012 and the two companies will ...
Tags: Vienna Insurance, merger, InterRisk, insurance market
Zurich Insurance has reported a net income of $1.14bn for the first quarter of 2012, compared to $640m for the same period in 2011. Business operating profit for the first quarter of 2012 surged to $1.38bn, compared to $854m in the ...
Tags: Zurich Insurance, insurance industry, insurance market, net income
The third biggest underwriter in Europe Generali has appointed Mario Grecoas its new CEO, after terminating the employment contract between the company and Giovanni Perissinotto as general manager. Before accepting the current position at ...
PVI Holdings and Sun Life Assurance Company of Canada, has entered into an agreement to establish a joint venture, called PVI Sun Life Insurance Company Limited (PVI Sun Life) to offer innovative life insurance products to customers in ...
Tags: life insurance, joint venture, PVI Sun Life Insurance, insurance product
HCL is in talks with DLF Pramerica Life Insurance to acquire 51% stake, a move that will allow the latter to foray into the Indian insurance market. DLF Pramerica Life Insurance is joint venture between DLF and Prudential International ...
Tags: HCL, DLF Pramerica Life Insurance, acquisition, Indian insurance market
Alterra America Insurance Company, a wholly-owned subsidiary of Alterra Capital Holdings, has signed an agreement with Ullico Casualty Group (UCG), to venture into the US multiemployer and governmental fiduciary liability and union ...
Swiss insurer Zurich Insurance is likely to expand its insurance operations in a bid to gain a strong foothold in emerging markets such as China and Indonesia. The underwriter, under the guidance of its chief executive officer Martin ...
Tags: Zurich, insurance operation, China, Indonesia, insurance market
CSC has licensed components of its Integral insurance administration software suite to Aviva Life Insurance Company India, under a deal signed by both parties in the first quarter of fiscal 2013. As part of Aviva India's business systems ...
Tags: CSC, insurance software, insurance, life insurance
Liberty Mutual Insurance Group, a diversified underwriting start up, has forayed into Ecuador’s insurance arena, riding on two acquisitions including Panamericana de Seguros del Ecuador and Cervantes Compania de Seguros y Reaseguros. ...
Tags: Liberty Mutual Insurance Group, Ecuador, acquisition, insurance