MetLife has added group accident insurance to its portfolio of supplemental health insurance products to help employers and their employees to meet challenges related with increasing healthcare costs. The new insurance enables employers ...
Tags: Metlife, Group Accident Insurance, Service
Property and casualty underwriter ACE Group has started underwriting energy risks through Syndicate 2488 at Lloyd’s of London in an effort to expand its global portfolio. The initiative represents the company's commitment to boost ...
Tags: ACE Group, energy risks, Lloyd
ACE USA has rolled out a new insurance product, known as ACE Public Entity Retained Limits Policy Endorsement, to offer integrated first-party pollution coverage for public entities. The improved policy integrates public official ...
Tags: ACE, insurance produc, public entities
Property and casualty underwriter ACE has registered net income of $765m or $2.22 per share, for the fourth quarter of 2012, up by 4% from $735m or $2.15 during the same quarter last year. Income excluding net realized gains or losses ...
Tags: Property underwriter, casualty underwriter, reinsurance
Supplemental health insurance provider Aflac has introduced enhanced short-term disability insurance plan for customers in California, US. The newly introduced policy offers a guaranteed-issue option and includes new benefits features, ...
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
ACE USA, the US based retail operations of the ACE Group, has enhanced the coverage for buyers of its combined general liability and pollution policy form ACE PaC, developed for mid-sized clients in the chemical industry with pollution ...
Tags: ACE USA, insurance coverage, ACE PaC, insurance product
Health insurer Life Insurance of North America (LINA) will pay over $1.7m to consumers and the Commonwealth, The Massachusetts Attorney General Martha Coakley has announced. The insurer was accused to sell its cancer and surgical ...
Tags: LINA, marketing of insurance, Commonwealth
Supplemental health insurance provider, Aflac has appointed John Harmeling as new senior vice president of worksite marketing. The move will develop and implement programs to help the company's agents and brokers deliver enhanced ...
Tags: health insurance, Aflac, John Harmeling, new senior vice president
More than 36% of UK corporates do not have any specific insurance coverage against risks posed by terrorism and political violence threats. According to a research "Property Insurance: Terrorism and Political Violence", carried out by ACE ...
Tags: specific insurance, property Insurance, underwriting, ACE
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
Switzerland based insurer ACE and its local partner have inked a deal to acquire PT Asuransi Jaya Proteksi in Indonesia for nearly $130m in cash. Commenting on the Indonesian acquisition, ACE vice chairman and chief operating officer John ...
Tags: insurer, ACE, PT Asuransi Jaya Proteksi, life insurance
ACE USA, the retail operating division of property and casualty insurer ACE Group, has appointed Kelley Kinsella as the new senior vice president & regional executive officer for its Midwest Region. Delivering highly responsive services ...
Tags: ACE USA, casualty insurer, ACE Group, Kelley Kinsella
ACE will soon inaugurate a new office in Aberdeen before the end of 2012 as part of its continued strategy to enhance service for UK regional brokers and clients. According to the underwriter, the branch will be ACE's 12th in its UK and ...
Tags: ACE, insurance business
US insurance holding company Torchmark has purchased a privately owned supplemental health insurance provider Family Heritage Life Insurance Company of America, for nearly $232m. The transaction is expected to be immediately accretive to ...