Presidential Life Corporation, an affiliate of the American Financial Group has acquired Great American Life Assurance (GALAC) for $7.04m in cash. Great American Life Assurance's $5.6m in statutory capital and surplus, comprises of cash, ...
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Speech by the Chairman of the Autonomous Region Located in the east part of China’s North West Ningxia is the place linking with the West Regions and the desert in the north and holding gatherings for all kinds of nationality people ...
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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 ...
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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 ...
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National Life Group in the US has deployed iPipeline's platform to drive life and annuity product sales within US distribution. According to the solution provider, Content Partner, an on-demand forms and product information repository, ...
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London based private equity firm Cinven is planning to launch its Partnership annuity business, although the firm has not revealed the name of the new underwriting entity. Sources close to the matter told Financial Times that the private ...
Alfa Insurance, a US underwriter has teamed up with Kony Solutions, to launch the newest version of its Alfa2Go mobile application. According to the insurer, the new application will facilitate users in paying their bills, filing claims ...
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Liberty Bankers Life Insurance Company (LBL) has deployed Princeton Financial Systems' PAM service to support its mortgage assets. Liberty Bankers Life Insurance Company vice president Tina Lowe said the company's current platform did not ...
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American International Group (AIG) has reported a net income of $3.2bn, or $1.71 diluted earnings per share, for the first quarter of 2012, compared to $485m, or $0.31 diluted earnings per share, for the same period in 2011. AIG's ...
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Global professional services company Towers Watson is planning to acquire DaVinci Consulting, a boutique actuarial consulting firm, in an effort to enhance its capabilities in the long-term care insurance market. Financial terms of the ...
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The former CEO of GreenWood International Insurance Services Daniel G Boisvert has established a new insurance distribution company GW Global Insurance. The newly floated underwriter will cater retail agents and brokers with a ...
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Northwestern Mutual Life Insurance has appointed Ron Joelson as its new chief investment officer. Joelson, who is currently the chief investment officer of Genworth Financial, will succeed Mark Doll, who retires on 30 June 2012 following ...
Larsen & Toubro (L&T) may enter into a strategic alliance with Zurich-headquartered Swiss Re to set up a health insurance joint venture (JV) in India. Sources familiar with the matter told Moneycontrol.com: "Swiss Re will pick up 26% ...
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Insurance Australia Group owned NRMA Insurance has joined hands with TAL, formerly known as TOWER Australia, to offer its customers life insurance products. As per the agreement, TAL will provide life insurance policies on behalf of NRMA ...
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State Farm Life Insurance has introduced Joint Universal Life (JUL) insurance to provide affordable life insurance coverage under one policy for two individuals. As a flexible premium life insurance policy, JUL comes with a death benefit ...
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