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L&T May Enter Into a Strategic Alliance with Zurich-Headquartered Swiss Re

Dec 6, 2012

Larsen & Toubro (L&T) may enter into a strategic alliance with Zurich-headquartered Swiss Re to set up a health insurance joint venture (JV) in India. Sources familiar with the matter told Moneycontrol.com: "Swiss Re will pick up 26% ...

Tags: L&T, health insurance, Swiss Re

Digitaldistinctions by Viracon Offers Virtually Unlimited Glass Design Possibilities

Dec 6, 2012

Viracon announces the latest addition to their decorative glass portfolio. DigitalDistinctions™ is a digital printing solution that enables a building designer to insert their artistic expressions into a glass façade. ...

Tags: architectural glass, single-source, high-performance glass products

Full-Fledged Operations Were Established by Beneq in Russia

Dec 6, 2012

Following the investment of 25 million euros in Beneq by RUSNANO in April 2012, and as a part of its planned expansion into existing and emerging markets, Beneq is opening a subsidiary company in Russia. The company’s operations in ...

Tags: Beneq, subsidiary company, Russia, existing and emerging markets

The Institution Has Announced The Winners of Its 2012 Innovation Awards

Dec 6, 2012

The Institution of Engineering and Technology (IET) has announced the winners of its 2012 Innovation Awards, with LUX-TSI winning the award in the Measurement in Action category, sponsored by the National Physical Laboratory (NPL). The ...

Tags: LUX-TSI, 2012 Innovation Awards, The IET Innovation Awards, LED, Lamp

Osram Shows Its OLED Installation "Dandelion" in The BMW Museum

Dec 6, 2012

Until the end of January 2013, Osram shows its OLED installation "Dandelion" in the BMW museum in Munich, Germany. The installation consists of about 1,000 organic light-emitting diodes, so-called OLEDs. Like its sibling the LED, an OLED ...

Tags: Osram, Feature Lighting, OLED, BMW museum

Validus Holdings Has Appointed Mahmoud Abdallah to Its Board of Directors

Dec 6, 2012

Bermuda-based reinsurance specialist Validus Holdings has appointed Mahmoud Abdallah to its board of directors with immediate effect, expanding the board to ten members. Validus chairman and chief executive officer Ed Noonan said: ...

Tags: reinsurance specialist, Validus Holdings, Mahmoud Abdallah

Ydrogios Insurance Has Selected SAS Dataflux Data Management Technology

Dec 6, 2012

Ydrogios Insurance has selected SAS DataFlux data management technology to automate its data environment for greater business and operational efficiency. The integrated data management platform has been designed to perform data ...

Tags: Ydrogios Insurance, SAS DataFlux, integrated data management platform

Safelite Auto Glass Had Purchased The Auto Glass Business of Klein-Dickert

Dec 6, 2012

The news today that Safelite Auto Glass had purchased the auto glass business of Madison, Wisc.-based Klein-Dickert Co. Inc (KDCI) was met with a range of reactions throughout the industry. The deal, which was finalized yesterday, sells the ...

Tags: Safelite, KDCI, auto glass

Saint-Gobain Glass Has Launched SGG COOL-LITE XTREME

Dec 6, 2012

Saint-Gobain Glass has launched SGG COOL-LITE XTREME – an extremely selective solar control glass. SGG COOL-LITE XTREME is the UK's first triple-silver solar control glass, giving it a selectivity of 2.14 – this is the ratio ...

Tags: solar control glass, triple-silver, visible light, solar

Cigna Has Registered 35% Growth in Consolidate Revenues for The Second Quarter of 2012

Dec 6, 2012

Cigna has registered 35% growth in consolidate revenues for the second quarter of 2012, which stood at $7.5bn compared to $5.5bn during the same period a year ago. The growth in revenues was backed by rise in premiums and fees of 52% in ...

Tags: Cigna, revenues rise, HealthSpring

MAAF Assurances Has Selected Sigfox's Low Throughput Communications Network

Dec 6, 2012

French general insurer MAAF Assurances has selected Sigfox's low throughput communications network for its new fire and/or intrusion alert service, MAAF self-monitoring solution. To be provided along with Sigfox network from January ...

Tags: MAAF Assurances, insurer, communications network

HSBC Insurance and HSBC Asia Pacific Have Agreed to CP Group for HK$72.7bn ($9.38bn)

Dec 6, 2012

HSBC Insurance and HSBC Asia Pacific have agreed to dispose of their entire 15.57% shareholding in Ping An Insurance (Group) Company of China to Thailand's Charoen Pokphand (CP) group for HK$72.7bn ($9.38bn). Under terms of the deal, CP ...

Tags: HSBC, Ping An Insurance, insurance, dispose

Allstate Posted Its Quarterly Earnings Results on Wednesday

Dec 6, 2012

Allstate (NYSE: ALL) posted its quarterly earnings results on Wednesday. The company reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.36. The company’s revenue for the quarter was ...

Tags: Allstate, quarterly earnings results

Firm Arthur J Gallagher & Co Has Acquired Nebraska Based Independent Employee Benefits

Dec 6, 2012

US insurance brokerage and risk management services firm Arthur J Gallagher & Co has acquired Nebraska based independent employee benefits consulting firm Brendis & Brendis, for an undisclosed sum. The acquired enterprise also offers ...

Tags: brokerage management, risk management, acquired

Fennia Mutual Insurance Has Selected Sas Risk Management for Insurance

Dec 6, 2012

Fennia Mutual Insurance has selected SAS Risk Management for Insurance to manage its Solvency II compliance requirements to generate added value for their business operations. SAS will help the company in streamlining and enhancing the ...

Tags: insurance, SAS Risk Management, Fennia Mutual Insurance