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insurance and reinsurance
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Willis Selected Agencyport Software's Risk Exposure Aggregation Solution, Open Xposure
Nov 14, 2013Willis, a global risk advisor and insurance and reinsurance broker, has selected Agencyport Software's risk exposure aggregation solution, OPEN Xposure, for its Global360 initiative. The company caters to the marine, energy, aviation, ...
Tags: risk advisor, insurance
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Acquisition of Cathedral Capital Limited Is Completed by Lancashire
Nov 11, 2013Further to the announcement made on 7 August 2013, the board of directors (the “Board”) of Lancashire Holdings Limited (“Lancashire” or the “Company”) is pleased to announce that it has completed the ...
Tags: Lancashire, Cathedral Capital
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Brown & Brown Announced Its Preliminary, Unaudited Financial Results for The Third Quarter
Oct 16, 2013Brown & Brown, Inc. (NYSE: BRO) today announced its preliminary, unaudited financial results for the third quarter of 2013. Net income for the third quarter of 2013 was $57,749,000, or $0.39 per share, compared with $49,504,000, or $0.34 ...
Tags: Brown&Brown, J.Powell Brown
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Randall&Quilter Has Acquired The Entire Issued Share Capital of FAIR
Oct 16, 2013Randall & Quilter Investment Holdings Ltd (‘R&Q’ or the ‘Group’) is pleased to announce that it has acquired the entire issued share capital of Flagstone Alliance Insurance and Reinsurance LTD (‘FAIR’), a ...
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Markel Capital Reached on Agreement to Purchase Abbey Protection to Boost Product Range
Oct 12, 2013International property and casualty insurance holding company Markel Capital has reached on agreement to purchase Abbey Protection to boost its product range in the UK and improve reach within the country’s retail market. Under the ...
Tags: Markel Capital, Abbey Protection
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RFIB Group Launched Its New Representative Office in Durban, South Africa
Oct 12, 2013London-based insurer RFIB Group (RFIB) has officially launched its new representative office in Durban, South Africa, as part of its strategy to boost its operation in the sub-Saharan insurance market. RFIB director John Hoggard has been ...
Tags: RFIB, Representative Office
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AWH Aunched a New Professional Indemnity Product Developed Especially in Asia-Pacific
Oct 8, 2013Switzerland-based specialty insurance and reinsurance company Allied World Company Holdings (AWH) has launched a new professional indemnity product developed especially for the Asia-Pacific marketplace. Launched by Allied World's ...
Tags: specialty insurance
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Commonwealth Annuity and Life Insurance Acquired Aviva USA's Life Insurance Business
Oct 8, 2013Commonwealth Annuity and Life Insurance Co, a subsidiary of Global Atlantic, has acquired Aviva USA’s life insurance business following receipt of all necessary regulatory approvals. Global Atlantic Financial Group is a multiline ...
Tags: Life Insurance
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Allied World US Rolled out a New Independent Directors Liability Product
Sep 29, 2013Allied World US, a subsidiary of Switzerland-based specialty insurance and reinsurance company, Allied World Company Holdings (AWH), has rolled out a new independent directors liability product named Independent ForceField. The new ...
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Global Atlantic Financial Group Has Signed an Agreement to Buy Forethought Financial Group
Sep 27, 2013Multiline insurance and reinsurance company Global Atlantic Financial Group has signed an agreement to buy Forethought Financial Group, a US-based financial services company with life insurance and annuity operations. Pending regulatory ...
Tags: insurance, reinsurance
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IUA Urged Government to Keep Providing Its Support for Writing of Terrorism Insurance
Sep 24, 2013The UK International Underwriting Association (IUA) has urged the US government to keep providing its support for writing of terrorism insurance. "Without a renewal of the Terrorism Risk Insurance Act (TRIA), private provision of ...
Tags: Insurance
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Allied World US Has Introduced a New Admitted Lawyers' Professional Liability Product
Sep 19, 2013Allied World US has introduced a new admitted lawyers' professional liability product, to help law firms to emerge from challenges faced in the current environment. Dubbed as Allied World LPL Assure, the new product addresses challenges ...
Tags: Service
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ACE Has Received a License From The Tunisian Ministry of Finance to Set up Its Reinsurance
Sep 16, 2013ACE has received a license from the Tunisian Ministry of Finance to set up its reinsurance operation in the country, which is part of its continued strategy to boost business across Middle East and North Africa (MENA) region. The global ...
Tags: Insurance License
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Brit Group Is All Set to Expand Its Distribution Network in Bermuda with New Branch Office
Sep 10, 2013Brit 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
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Endurance Specialty Is to Expand Its Asia Pacific Reinsurance Business
Sep 10, 2013Endurance 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) ...