American International Group (AIG) has inked an agreement to purchase Aurec Gold Investments’ 49.99% interest in AIG Israel Insurance Company (AIG Israel), for an undisclosed sum. The acquirer already owns 50.01% interest in AIG ...
Raffles Health Insurance (RHI) in collaboration with international health insurer Bupa has unveiled two new international health insurance plans, aimed at next generation expatriates and international businesses in the Asia Pacific region. ...
Tags: RHI, Health Insurance Plans, Bupa
Lloyd’s Syndicate A G Dore & Others Syndicate 2526 has introduced a new accident and health (A&H) portfolio for the brokers in the UK. The portfolio will underwrite personal accident and sickness, as well as travel and medical ...
Tags: Lloyd, A G Dore, A&H Portfolio
Midas Underwriting has unveiled two new non-standard personal motor policies for performance cars and classic sports cars. Midas Classic Car is available for sports cars that are at least 15 years old and cover a maximum annual mileage of ...
Tags: Midas Underwriting, non-standard personal motor policies
Asia's polymer market has shrugged off China's new preferential import duties for polyethylene from some countries, as the minimum price for the tax reduction to kick in is seen as too high and trade flows from these nations are almost ...
Tags: Asia, polymer market, polyethylene
Randall & Quilter's underwriting agency, R&Q MGA has established a Lloyd's consortium to offer insurance coverage for global yacht and small vessel owners. Managed by R&Q Marine Services, the Yacht and Small Vessel Consortium 9977 will be ...
Tags: Randall&Quilter, R&Q MGA, Lloyd
Japan's Dai-ichi Life Insurance, Zurich Insurance Group and Allianz in Germany are gearing up to bid for the insurance arm of Turkish bank Yapi ve Kredi Bankasi, Yapi Kredi Sigorta, to expand their footprint in Turkey. Yapi Kredi Sigorta ...
Tags: Japan, Dai-ichi Life Insurance, Zurich Insurance Group, Allianz
RBC Insurance and Shoppers Drug Mart Corporation have introduced co-branded travel insurance product offerings through the Shoppers Drug Mart website, effective from 16 February. Sold exclusively online, the travel insurance is the latest ...
Tags: RBC Insurance, Shoppers Drug Mart Corporation, travel insurance product
Zurich Insurance Group has reported a business operating profit (BOP) of $4.1bn for the full year 2012, down by 4% from $4.24bn during the same period last fiscal. Net income after tax attributable to shareholders (NIAS) stood at $3.9bn, ...
Tags: Zurich Insurance Group, BOP, 2012
Keystone Legal has introduced personal injury legal insurance cover, aimed to address the requirements of claimants before the implementation of the Legal Aid Sentencing and Punishment of Offenders (LASPO) Act. Offering a basic level of ...
Tags: Keystone Legal, LASPO Act, personal injury legal insurance
MAG Mutual Insurance Company (MMIC) has revealed its intention to purchase South Carolina Physician Assurance Company (SCPAC), a writer of physician liability insurance in US. Subject to execution of a final definitive agreement, final ...
Tags: MMIC, South Carolina Physician Assurance Company, SCPAC
Broker-sourced specialty property and casualty insurance coverage provider Ironshore has completed acquisition of a managing general underwriter, Excess Risk Reinsurance (ERR), for an undisclosed amount. As part of the acquisition, ERR ...
The Australian sharemarket rose to a fresh four-and-a-half year high today as positive domestic earnings reports and further signs of improvement in the global economy encouraged investors to continue moving money from cash and bonds to ...
Tags: Australian sharemarket, earnings, equities
Novo Nordisk has received an approval of the price from Japan's Central Social Insurance Medical Council (Chuikyo), the advisory committee to the Minister of Health, Labour and Welfare, and is set to launch Tresiba (insulin degludec) in ...
Tags: diabetes therapy, Medical, Novo Nordisk
Aspen Dental will inaugurate a new dental facility in Gallatin, Tennessee, US, on 21 February 2013, to provide dental services ranging from dentures and preventive care to general dentistry and restoration. Located at Nashville Pike, the ...
Tags: Aspen Dental, dental facility, Gallatin