Tokyo-based diversified conglomerate Itochu Corporation has entered into an agreement with Asahi Mutual Life Insurance to jointly set up a marketing company that will engage in market development, development of sales channels, and sales ...
Dutch insurance firm ING Group has sold its 26% stake in ING Vysya Life Insurance Company to its joint venture partner Exide Industries for an undisclosed amount. The deal, which was originally inked in January this year, is a part of a ...
Tags: Life Insurance, Insurance, insurance firm
Caixa Seguros, a Brazilian subsidiary CNP Assurances, has signed an agreement to purchase 70% of the outstanding shares of Previsul, for a sum of BRL70m (€27m). Acquisition of Previsul, a Porto Alegre-based life insurance specialist, ...
Tags: health insurance, insurance, life insurance
Greenwood International Insurance (GWI), a Massachusetts-based wholly owned subsidiary of Pan-American Life Insurance Group, and High Point Underwriters have introduced a new Independent Contractor Occupational Accident product and program. ...
Tags: Greenwood International Insurance, Insurance, accident insurance
American International Group (AIG) has introduced its new risk financing solution, Collateral Flex Option (CFO), for firms with large deductible casualty insurance programs in the US. The new technology offers a flexible option for firms ...
Tags: risk financing solution, liability insurance, insurance
Allianz Life Luxembourg has selected Solfia’s Software as a Service (SaaS) platform as its new middle-office platform, with a strategy to manage the internal funds of its life insurance contracts. The life insurer is planning to go ...
Insurance Technologies’ FireLight has been selected by national insurance and financial services company Ameritas Life Insurance, as its electronic application and business fulfillment solution for its life and disability income ...
New York Life Insurance has appointed John Fleurant as its new executive vice president and chief financial officer (CFO), effective from 1 July 2013. Fleurant will replace current executive vice president and CFO Michael Sproule, who is ...
Tags: Life Insurance, care insurance, insurance
Insurance Technologies’ FireLight has been selected by national insurance and financial services company Ameritas Life Insurance, as its electronic application and business fulfillment solution for its life and disability income ...
British mutual life and pensions company Royal London has entered into a binding agreement to acquire Co-operative Insurance Society (CIS), the life insurance business of the Co-operative Banking Group. Additionally, the life and pension ...
HSBC Life Assurance Malta has entered into a portfolio transfer agreement with HSBC Life (Europe) (HLE) for the acquisition of HLE's insurance policy book for nil consideration. Pending receipt of concerned regulatory approvals, the ...
Tags: HSBC, Life Assurance, Assurance
GWG Life Settlements has received a viatical settlement provider license from the Florida Office of Insurance Regulation, to allow purchase of life insurance policies in the secondary market directly from owners residing in the state. The ...
Tags: GWG Life, Insurance Regulation, Insurance
Nationwide Retirement Solutions has introduced a new, flexible public sector retirement plan offering to answer requirements of small case plan sponsors. Designed to address employees' unique retirement savings requirements, the new ...
Allianz Life Insurance Company of North America (Allianz Life) has promoted Michele Roepke as the new assistant vice president of Human Resources (HR) to address requirements of multiple business areas. Reporting to chief human resources ...
Tags: Allianz Life, Life Insurance, Insurance
National Life Group has selected iPipeline’s iGO e-App to automate its diversified Life and Annuity product’s marketing, selling and processing. National Life Group CTO Nimesh Mehta said that iPipeline provides integrated ...