TowneBank has completed the acquisition of Greenville-based insurance agency The Clement Companies, in a bid to expand into North Carolina. Following this acquisition, The Clement Companies will affiliate with the acquirer's wholly-owned ...
Prudential Group Insurance has named Cathy Liston as the chief operating officer of disability business unit to oversee all disability claims and absence management, and related support functions. Before joining the insurance company, ...
Lighting makes up about 18% of the total electricity consumed in the U.S. and energy efficient lighting plays a major role in conservation efforts. Switching from fluorescent to LED has benefits including energy savings and longer life, ...
Tags: Lighting, electricity, LED
Rodex Fasteners, one of the major stainless steel fasteners makers in Taiwan, has announced its sales revenue in last December totaled NT$122 million, down by 4.34% month on month. In the fourth quarter of last year, the ...
Tags: stainless steel fasteners, Rodex Fasteners, flat market
Canada-based Sun Life Financial and Malaysian investor Khazanah Nasional are planning to acquire life insurer CIMB Aviva in Malaysia, in a deal valued at MYR1.8bn ($596m). Both firms will jointly purchase 98% of the life insurer in order ...
Tags: life insurer, CIMB Aviva, financial services markets, insurance company
The Prudential Insurance Company of America has closed the acquisition of The Hartford’s individual life insurance business through a reinsurance transaction, valued at $615m in cash. The acquirer is expected to receive nearly $7bn ...
Tags: Prudential Insurance, acquisition, America, Hartford
Allianz Life Insurance Company of North America, a part of Allianz group has within the legal department. Fischer, who replaces general counsel Gretchen Cepek, will be responsible for leading the Legal department's oversight of business ...
Businesses are increasingly taking advantage of the economic and political benefits of setting up operations in Malaysia, whether to gain access to a highly skilled but lower-cost workforce to support global operations, or as a stepping ...
Tags: Malaysia, BP, IT Initiative, Multimedia Super Corridor
Capita Unite union members are to strike following proposals to offshore work to India. The dispute centres around four sites employing 220 staff in Reading, Craigforth, Birmingham and Bournemouth. The affected sites serve Prudential ...
Tags: Capita Unite, India, IT staff, IT industry
Regulators must force banks to overhaul complex IT infrastructures which risk causing further large-scale system outages, IT trade body Intellect has urged. The UK’s financial IT infrastructure is no longer fit for purpose and risks ...
Tags: IT infrastructure, IT trade, financial IT infrastructure
Prudential Insurance will be discontinuing the sale of new group long-term care insurance policies in a bid to focus on providing products required by state law for a period of time. The sales will be halted in all states except ...
The wholly-owned subsidiary of UK-based Prudential insurance group,. The company expects the plan to expend up to S$3.6m($2.28m)on the critical illness diagnosis while providing an accidental death benefit of 100%sum assured coverage and ...
Tags: UK-based Prudential insurance group, Prudential Singapore
The UK's financial services sector needs urgent investment in its IT infrastructure in order to identify and mitigate systemic risks,according to a report by the trade association for the UK technology sector,Intellect. In its Biting the ...
Tags: Banks, IT infrastructure, financial system, RBS
Rolling On - The Rolling Stones have announced four concerts in London and New York at the end of the year. The band will play London's O2 Arena on 25 and 29 November and at the Prudential Centre in Newark, New Jersey on 13 and 15 December. ...
Tags: The Rolling Stones, YouTube, concert
The Prudential Insurance Company of America has inked a purchase deal with Verizon Management Pension Plan,to settle nearly$7.5bn of pension liabilities under a single premium group annuity contract. As per terms of the ...
Tags: America, insurance, retirement