ACE Group, a multiline property and casualty insurer, has introduced a suite of surety products for the Italian market, in an effort to continue expansion of its international capabilities in the Continental Europe region. Supported by ...
Tags: ACE, Surety Products
Global property and casualty insurer ACE Group has launched new ACE Express Private and ACE Express Not-For-Profit health care protection polices to provide comprehensive management liability coverage for health care organizations. ...
Global property and casualty insurer ACE has completed the acquisition of Mexican personal lines insurer ABA Seguros from Ally Financial for nearly $690m in cash, after offering a $175m pre-closing dividend to the seller. The definitive ...
Tags: casualty insurer, ABA Seguros
Property and casualty insurer ACE has reported net income of $953m during the first quarter of 2013, with a decrease of 2% compared to $973m during the corresponding period earlier year. For the latest quarter period ended on 31 March ...
Tags: ACE, Net Income
Property and casualty insurer ACE has established a $95m special purpose vehicle, Altair Re, to offer additional collateralized capacity for its global reinsurance business. The capital will be used to largely support ACE Tempest Re's ...
Tags: ACE, Special Purpose Vehicle
ACE Group, a multiline property and casualty insurer, has unveiled a new agriculture property and casualty insurance business, known as ACE Agribusiness, in a bid to further reinforce its presence in the sector. The newly established ...
ACE Group, a multiline property and casualty insurer, has unveiled a new insurance plan covering global life science risks for organizations in continental Europe, designed to further build its casualty offering for businesses in the ...
Canadian mutual insurance firm Wawanesa Mutual Insurance Company has chosen Guidewire’s PolicyCenter and BillingCenter as its new underwriting and policy administration technology and to manage its billing operations, respectively. ...
Tags: Wawanesa, Guidewire Technologies, Insurance Operations
Property and casualty insurer ACE has acquired Fianzas Monterrey in Mexico, a surety lines company, from New York Life Insurance for nearly $293m in cash. Originally inked in September 2012, the transaction was successfully completed ...
ACE USA, the US-based retail operating division of property and casualty insurer ACE Group, has launched Foreign Casualty Pollution Liability coverage endorsement for its clients. The new endorsement offers borderless international ...
Tags: ACE, insurer ACE Group, insurance
New York-based private equity firm Southport Lane has acquired property and casualty insurer Dallas National Insurance in Texas, for an undisclosed sum. As per terms of the agreement, which was originally signed in May 2012, the acquirer ...
Tags: National Insurance, insurer, Insurance
Liberty Mutual Insurance has added the new View Status function to its MyLibertyMobile application to help its group life and disability policyholders to provide their employees with a convenient way to view leave time and claim details on ...
Global property and casualty insurer ACE Group has named Benoit Chasseguet as the new marine manager for Continental Europe, including the Central and Eastern European region, with immediate effect. Based in Paris, Chasseguet will report ...
The Odell Studner Group, a property and casualty insurer, has entered into a teaming agreement with Digital Insurance, in an effort to continue its growth and improve employee benefits offerings. As part of the agreement, Odell Studner's ...
Property and casualty insurer ACE has inked a definitive agreement to purchase Fianzas Monterrey in Mexico from New York Life Insurance Company for nearly $285m in cash. Commenting on the deal, ACE chairman & chief executive officer Evan ...
Tags: property insurer, casualty insurer, ACE, life insurance, health insurance