Company News
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Company News
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ACE Group Has Made Two New Management Appointments Within Its Continental Europe Region
Dec 3, 2012The ACE Group, a provider of insurance and reinsurance services, has made two new management appointments within its Continental Europe region, with an aim to boost underwriting capabilities across the region. The insurer said that Jerome ...
Tags: ACE Group, insurance, reinsurance, management appointment
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Ford Sales in China Increased 35% , Compared to The Sa
Dec 3, 2012Ford sales in China increased 35% to 59,570 vehicles in September 2012, compared to the same period in 2011. Ford China's passenger car sales, including vehicles produced at Changan Ford Mazda Automobile and imported Ford Edge SUVs, ...
Tags: Ford China, September, Sales up
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Southwest Wines Is Set to Launch Wine in a Sustainable,Aluminum Slim Can
Dec 3, 2012US-based winery Southwest Wines is set to launch its recently renamed Soleil Mimosa in a new sustainable, 187ml aluminum slim can provided by packaging supplier Ball. Ball metal beverage packaging division Americas senior vice president ...
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Gbp12m Is Inversted by GKN in UK Facilities
Dec 3, 2012UK based automotive firm GKN has invested over GBP12m in its Birmingham and Telford facilities. In Birmingham, GKN Driveline supports UK-based automotive firms that include Jaguar Land Rover, Toyota, Nissan, Honda, Bentley and Lotus. ...
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Hannover Life Has Appointed Cliff Titcomb as Vice President and Chief Medical Director
Dec 3, 2012Hannover Life Reassurance has appointed Cliff Titcomb as vice president and chief medical director, who will form an integral part of the firm's senior risk management team. Hannover Life senior vice president and chief underwriter Kevin ...
Tags: Hannover Life Reassurance, Cliff Titcomb, vice president
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The Sale of BMW Addsup 11.6% in September 2012
Dec 3, 2012German luxury car maker BMW has reported a 11.6% increase in its September 2012 sales to 177,716 vehicles, compared to 159,223 vehicles for the same period in 2011. BMW brand worldwide vehicle sales increased 14.3% to 146,843 vehicles in ...
Tags: BMW, sale increase, 2012
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Sun Chemical Will Unveil an 'all-in-One' Ink Solution for Print Work
Dec 3, 2012Printing inks and pigments manufacturer Sun Chemical is all set to unveil an ‘all-in-one’ ink solution, SunLit Crystal, which has been designed for print work. According to the company, the new universal sheetfed offset ...
Tags: Sun Chemical, Ink Product, Print Work
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Athene Have Inked a Definitive Agreement for an Athene Subsidiary to Acquire Life
Dec 3, 2012Presidential Life and Athene have inked a definitive agreement for an Athene subsidiary to acquire Presidential Life for $14 per share in cash, in lieu of an aggregate purchase price of nearly $415m. In pursuant of the terms of the merger ...
Tags: Presidential Life and Athene, Presidential Life, acquisition
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Zurich Insurance Is Likely to Expand Its Insurance Operations in a Bid
Dec 3, 2012Swiss 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
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MedMal Direct Insurance Has Named David Kroupa as Its New Vice President of Sales
Dec 3, 2012MedMal Direct Insurance has named David Kroupa as its new vice president of sales for the company, who will oversee the development, management and execution of the medical malpractice insurance sales strategies. MedMal Direct chief ...
Tags: MedMal Direct Insurance, David Kroupa, vice president of sales, insurance
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MassMutual's Retirement Services Would Hire Marina Narganes as Its New Sales Director
Dec 3, 2012MassMutual's Retirement Services, a unit of Massachusetts Mutual Life Insurance, has hired Marina Narganes as its new sales director. Narganes will be based in the New York, and will report to MassMutual's Retirement Services Division ...
Tags: MassMutual, retirement service, retirement insurance, insurance
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CRC Insurance Services Have Resolved All Existing Disputes Between Them
Dec 3, 2012CRC Insurance Services, Crump Insurance Services, and R-T Specialty said that all the parties have resolved all existing disputes between them. All the three parties said that the conflicts have been resolved on a global, confidential ...
Tags: CRC, Crump Insurance Services, R T Specialty, dispute, insurance
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The Navy Mutual Aid Association Has Chosen The Accenture Life Insurance Platform
Dec 3, 2012The Navy Mutual Aid Association has chosen the Accenture Life Insurance Platform, the life and annuity insurance software suite from Accenture. The new platform supports Navy Mutual's life and annuity product configuration, new business, ...
Tags: Navy Mutual Aid Association, Accenture Life Insurance Platform
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New York Life Insurance Appointed Money Management Executive Gerald Smith as a New Member
Dec 3, 2012New York Life Insurance Company has appointed money management executive Gerald Smith as a new member of the company’s board of directors, effective from 1 November 2012. Smith currently serves as chairman and CEO at his co-founded ...
Tags: New York Life Insurance, money management executive, Gerald Smith
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Scottish Re Group Has Reported a Net Income of $17.13m for The First Quarter of 2012
Dec 3, 2012Scottish Re Group has reported a net income of $17.13m for the first quarter of 2012, compared to $22.38m for the same period in 2011. The total revenues decreased to $130.25m for the first quarter of 2012, compared to $165.74m for the ...
Tags: Scottish Re Group, net income, quarter 1, total revenues, insurance
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