The Prudential Insurance Company of America has inked a purchase deal with Verizon Management Pension Plan,to settle nearly$7.5bn of pension liabilities under a single premium group annuity contract. As per terms of the ...
Tags: America, insurance, retirement
The acquisition will expand Avnet's suite of applications in high-growth technologies in EMEA Region Electronic components, connectors and technology applications provider Avnet has agreed to acquire the Magirus Group, a pan-European ...
Tags: acquisition, applications in high-growth technologies, expansion
Brown & Brown of Florida has purchased certain assets of Behnke & Associates, a personal lines property and casualty insurance provider, for an undisclosed sum. Under terms of the agreement, Behnke & Associates' Hollywood office will join ...
Tags: property and casualty insurance provider, various insurance
North American supplier of packaging, closures and related services, Berlin Packaging has acquired the United States Container Corporation (USCC) a distributor of industrial and rigid packaging, California. USCC, founded in 1956, is a ...
Tags: packaging, Berlin Packaging, USCC, acquisition
Barry Callebaut has insisted the investments it made during the first six months of its financial year have provided it with a "good base" for future growth after it reported a fall in half-year profits. The Swiss chocolate maker ...
Assurant has reported that its net operating income for the second quarter of 2012 recorded a steep rise of 111% to $157.4m or $1.81 per diluted share compared to a net operating income of $74.6m, or $0.76 per diluted share during the same ...
Tags: insurance products, Assurant, operating income, net income
US based insurance broker Brown & Brown has named H Palmer Proctor, Jr, as the new director to the company's board, in a move to drive the firm's business to next level. The company's chief executive officer and a member of the board J ...
Tags: Brown&Brown, PAGE, firm's business
Property and casualty insurance major ACE has establish a strategic alliance with RAC in the UK, pursuant to which they will provide travel insurance under the RAC brand. As per the partnership deal, the new travel insurance product will ...
Tags: property and casualty insurance, ACE, strategic alliance, RAC
Glaston Corporation and Constellation Software Inc., acting through its wholly owned subsidiary Friedman Corporation, have today signed a definite and binding agreement for the sale of 100% of the shares in Albat+Wirsam Software GmbH ...
Financial Telesis has embarked a new partnership with ABD Retirement Services, a division of ABD Insurance & Financial Services, pursuant to which ABD Retirement Services representatives will collaborate with Financial Telesis. The ...
, which offers specialty insurance and insurance-related products and services, has appointed Jean-Paul L Montupet, chairman of Emerson's Industrial Automation business and president of Emerson Europe, to its Board of Directors. ...
Tags: specialty insurance, insurance-related products, Assurant
The registrar Indian Registrar of Quality Systems (IRQS) has granted ISO 9001:2008 Management System accreditation for Inventys Research Butibori (Nagpur) plant. The certification applies to the management system for the manufacturing ...
Independent insurance intermediary company CNinsurehas reported total net revenues of RMB403m ($64.1m) for the third quarter of 2012, with an increase of 5%, compared to same period, last year. Net income attributable to the company's ...
Tags: CNinsurehas, insurance intermediary, insurance, net revenues
Clear plastic packaging manufacturer in the US, VisiPak has completed the previously announced acquisition of Flex Products of Carlstadt, New Jersey. The acquisition expands VisiPak's existing line of plastic tube containers to include ...
Tags: Plastic Packaging Containers, Products of Carlstadt, packaging solutions
Prudential Individual Life Insurance, a unit of Prudential Financial has promoted Caroline Feeney, agency distribution’s vice president of the eastern territory, as the president of agency distribution. Feeney will take the place of ...
Tags: Individual Life Insurance, insurance products, investment products