The Netherlands based ING bank has inked an agreement with Hong Kong's AIA, to offload its Malaysian insurance business for €1.3bn in cash. The transaction comprises ING's life insurance and employee benefits business as well as 60% ...
Tags: ING, AIA, insurance business
The US Food and Drug Administration (FDA) has granted 510(k) clearance to Zynex's InWave device, designed for treating female urinary incontinence. Following the approval, the company said the InWave device will be manufactured, ...
Tags: FDA, female urinary incontinence, clinical application, clinical product
Cigna Global Health Benefits has signed a joint-venture (JV) agreement with Saudi Arabian Insurance Company (SAICO) to further expand its partnership and product offerings across the Middle Eastern region. Subject to regulatory approvals ...
Tags: Cigna Global Health Benefits, product offerings, health insurance, health
Australia's private health insurance provider Medibank has partnered with Allianz Worldwide Care to offer fully compliant healthcare plans to its group clients who have expatriate members based in Australia. Allianz Worldwide Care ...
Tags: health insurance, insurance, Medibank, Allianz Worldwide Care
Speech by the Governor Doing Business in Henan Provinces of China introduces comprehensive condition of Henan Province. Henan, located in the hinterland of China, has a long history, abundant resources, complete infrastructure and ...
Tags: Henan province, survey, economy, investment
Nestle UK and Ireland has said it will double its commitment to Fairtrade by gaining certification for its two-fingered Kit Kat brand from January. Nestle's four-finger Kit Kit has been using Fairtrade cocoa since 2010, but this latest ...
Tags: Nestle, Fairtrade, Kit Kat brand, chocolate biscuit
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
Assurant has unveiled a new insurance solution for commercial solar project developments with an aim to assist developers to mitigate risks and support project financing. The new product, suitable for 100KW to three megawatts solar ...
Tags: insurance solution, project financing, property insurance
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
Malta based underwriter GlobalCapital has deployed BSB's Solife software to administer its full range of life insurance portfolio, in a bid to offer better services to the customers, while improving business efficiency. With the launch of ...
Tags: GlobalCapital, BSB, insurance business
Essence Healthcare, a health insurance provider has named Richard Jones as president and chief executive officer, with a plan to streamline its operations in Medicare advantage health segment. Jones will succeed Frank Ingari, who is ...
Flexible Benefit Service Corporation (Flex) will unveil a private health insurance exchange (PHIX) InsureXSolutions, helping uninsured businesses with the ability to offer employees access to health care. Suitable for any size business ...
Aetna has received a license to begin selling health insurance and policies for groups and individuals in Singapore. Aetna International Southeast Asia managing director Derek Goldberg said: "It has a vibrant, growing economy and a large ...
Tags: Aetna, health insurance, health care
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