US based property and casualty underwriter Tower Group has announced sale of its health insurance business for $102m to Australian private health insurer NIB Holdings. Subject to clearance from the Overseas Investment Office, the sale is ...
Tags: Tower Group, health insurance, insurance, insurance product
ACE Group, a multiline property and casualty insurer has promoted two officers with immediate effect as part of its efforts to strengthen its management and underwriting team. Current Major Risks casualty manager Mike Reid has been ...
Tags: ACE Group, casualty insurance, insurance industry, insurance
US commercial property casualty underwriter Travelers Insurance has reported that its second quarter of 2012 net income was $499m, or $1.26 per diluted share, compared to a net loss of $364m, or $0.88 per diluted share during the same ...
Tags: Travelers Insurance, property casualty, quarter 2, net income, insurance
Specialty insurance and reinsurance products provider Argo Group International Holdings has appointed Jason Dsouza as casualty and professional lines underwriter for Argo Re (DIFC). Based in Dubai, Dsouza will report to Argo Re's (DIFC) ...
Tags: insurance, reinsurance, insurance product, insurance service
Property and casualty underwriter Economical Insurance has posted 71% increase in the second quarter of 2012 net income, which stood at $39.7m compared to $23.2m during the corresponding period earlier year. For the three months ended on ...
Tags: Economical Insurance, quarter 2, net income, insurance