Everest Re Group has reported $250.9m in net income or $4.82 per diluted common share for the third quarter 2012, an increase of 298% compared to $63.1m, or $1.16 during the same period last fiscal. After-tax operating income, excluding ...
Tags: Everest Re Group, net income, quarter 3, insurance
Tower Group has accomplished its $75m investment in Canopius Group and subsequently acquired 10.7% of the ordinary share capital in the firm. Canopius, a privately owned Lloyd's of London insurance holding company offers insurance and ...
Tags: Tower Group, investment, Canopius Group, share capital, insurance
Specialty insurance and reinsurance products provider Argo Group International Holdings has appointed Jason Dsouza as casualty and professional lines underwriter for Argo Re (DIFC). Based in Dubai, Dsouza will report to Argo Re's (DIFC) ...
Tags: insurance, reinsurance, insurance product, insurance service
Sun Life Financial's US business group has signed an agreement with benefitsCONNECT to help expand its online enrollment capacity in group and voluntary benefits programs. As part of the agreement, the brokers and HR executives who offer ...
Tags: Sun Life Financial, CONNECT, online enrollment, benefits program
Everest Re Group, a Bermuda-based property and casualty reinsurance and insurance firm, has announced that its chief executive officer, Joseph Taranto has agreed to continue his role through 2013. According to the company, Taranto will be ...
Tags: Everest Re Group, chief executive officer, Joseph Taranto, insurance
Hiscox, a Bermuda-incorporated insurance provider has hired Dr Michael Palmer as head of Analytics and research for its Bermuda operation. Palmer will report to Damien Smith, Hiscox Bermuda's underwriting director, and will spearhead the ...
Tags: Hiscox, insurance, Michael Palmer, Bermuda operation
Bermuda-based insurer Everest Re Group has reported a net income of $214.6m, or $4.08 diluted earnings per share, for the second quarter of 2012, compared to $131.3m, or $2.41 diluted earnings per share, for the same period in 2011. For ...
Tags: Everest Re Group, net income, second quarter, insurance company
Randall&Quilter(R&Q)has signed an agreement to purchase the entire issued share capital of Alma Insurance Company,subject to change of control approval by the FSA. Under the terms of the accord,R&Q will pay 4.4m($7.05m)in cash for Alma ...
Tags: Alma Insurance, Randall&Quilter, R&Q
Bermuda-based property and casualty insurance and reinsurance specialty provider Endurance Specialty Holdings has acquired Galileo Weather Risk Management(Galileo)assets. Weather risk management products and services provider,Galileo will ...
Tags: Endurance, Galileo Weather Risk Management, Martin Malinow
Sun Life Financial(SLF)has inked a definitive agreement to dispose of its domestic US annuity and certain life insurance businesses for$1.35bn to Delaware Life,a company owned by shareholders of Guggenheim Partners. The transaction ...
Tags: service, Sun Life Financial, transaction
Urban Litehouse is finally out with their latest collection of Apparel for Summer&Spring of 2013.This collection is for those with a love of the Oceanside and Marine life,yet would always want to be ready to hit the town. The signature ...
Hiscox USA has extended its professional liability and general liability policies to allied health professionals, which is currently available in 21 states, including Texas and Florida. According to the Bermuda headquartered service ...
Tags: Hiscox USA, professional liability, insurance products
This festive season,Indian apparel market is set to witness yet another fashion revolution as leading hosiery brand Dollar Industries launched its men's lifestyle apparel segment with its much awaited brand"FORCE",which is strategically ...
Tags: Dollar Industries, men's lifestyle apparel Segment, Jeans, T-Shirts
Bermuda based Enstar has embarked a definitive agreement with HSBC Finance, pursuant to which the former will acquire all of the shares of Household Life Insurance Company of Delaware and HSBC Insurance Company of Delaware, from Household ...
Tags: Enstar, HSBC, Canadian Life Insurance
XL Group's reinsurance operations has appointed Tim Fisher as senior vice president & Canadian branch manager. Fisher will report to managing director and head of casualty reinsurance in North America Christopher Buse, and will manage ...
Tags: XL, Tim Fisher, branch manager