British multinational life insurance company Aviva and Bank Zachodni WBK have reached an agreement to expand their ongoing strategic partnership in Poland until 2033. As per terms of the agreement, the UK-based insurer will increase its ...
Tags: Aviva, Zachodni WBK
USA Business Insurance has released General Liability Insurance packages for all businesses within the fabric industry, including finishing operations, fabricated textile producers and thread and fabric manufacturers. In addition to ...
Tags: Textile Product, Insurance
American International Group (AIG) has reported net income attributable to the company of $2.7bn, or $1.84 per share, for the quarter of 2013, up by 17% compared to $2.3bn, or $1.33 per share during the corresponding period earlier year. ...
Employee benefits-only agency Digital Insurance has purchased Strategic Employee Benefit Services (SEBS) group, which comprises Wellesley, Providence and Springfield, to boost its client services in Massachusetts and across the Northeast. ...
Tags: Digital Insurance, Services Group
The Covered California health insurance exchange has accepted Health Net Life Insurance’s bid to provide healthcare coverage to eligible small businesses for all 58 counties in the state. Health Net Life Insurance is a wholly owned ...
Tags: health insurance, Health Net Life
Global insurance and reinsurance firm XL Group has appointed Mark McConico as vice president and underwriting manager of its US risk management group in Los Angeles. In addition, the company promoted Theresa Schlageter to senior vice ...
Tags: XL Group, Underwriting Manager
Risk management solutions provider Digital Matrix Systems (DMS) has introduced DMS Insurance Attributes to provide customised data for insurers to enhance decision-making. The product will help insurers to optimise insurance rate ...
UK-based Sainsbury’s Bank is planning to partner with general insurer Allianz Insurance, part of Allianz SE Group, to provide its pet insurance for customers. Under the partnership, which will launch in the autumn of 2013, Allianz ...
Tags: Pet Insurance, Sainsbury's Bank
The New York Department of Financial Services (NYDFS) has approved the purchase of Sun Life Financial’s US annuity business by Delaware Life Holdings. Delaware Life Holdings is owned by shareholders of Guggenheim Partners, a ...
Tags: Delaware Life, Sun Life
Italian insurer The Generali Group has posted net profit of €1.08bn for the first half of 2013, an increase of 28.4% compared to €842m for the same period prior year. Earnings after taxes were €1.16bn in the first half of ...
Tags: Net Profit, insurer
Manulife Financial has inked a contract to dispose of its life insurance business in Taiwan to CTBC Life Insurance Co (CTBC Life), a subsidiary of CTBC Financial. The acquisition of insurance operations of Manulife in Taiwan, which ...
Tags: Life Insurance, CTBC Life
US-based life insurer MetLife has reported operating earnings of $1.6bn, or $1.44 per share, for the second quarter of 2013, with an increase of 11% and 7%, compared to $1.43bn, or $1.34 per share, respectively during the same period last ...
Tags: Metlife, life insurer
The Philippines is planning to propose a mandatory insurance bill as the country is more prone to earth quakes due to its location on the Pacific Ring of Fire. The proposal, which is backed by Asian Development Bank with a $70m loan, aims ...
Tags: Philippines, Insurance Bill
Specialty underwriting company KnightBrook Insurance has selected Innovation Auto platform from Innovation Group to provide auto claim repair services for its national auto business. Innovation Auto includes services like the Innovation ...
Tags: Knightbrook, Innovation Auto, Insurance
Insurance Services Office (ISO), a provider of actuarial and underwriting information, has enhanced its cyber liability insurance (e-commerce) product to introduce new insurance policies for firms with a media liability exposure. The new ...
Tags: Cyber Liability Insurance, ISO