US based American International Group (AIG) has entered into a non-binding term sheet with Chinese state-owned insurer PICC Group to set up a proposed joint venture insurance agency company that will sell life insurance and other insurance ...
Tags: AIG, PICC, insurance products
Allianz Life Insurance Company of North America has appointed Steve Thiel as the vice president of actuarial reporting and analysis, for timely reporting of actuarial balances while analyzing the financial performance. Serving as ...
Hanwha Life Insurance, formerly known as Korea Life Insurance, has selected IBM to support its enterprise-wide customer information transformation initiative. IBM will provide a single, comprehensive view of customers and critical ...
Tags: enterprise-wide customer information transformation initiative
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 ...
Tags: Insurance Australia Group, NRMA Insurance, life insurance products
Property and casualty insurer ACE has promoted Lauretta Alberti as senior environmental insurance underwriter for the Benelux and Nordic region. Lauretta will report to Dorothee Prunier, environmental insurance manager, continental Europe ...
Tags: ACE, Lauretta Alberti, environmental insurance, insurance
Independent insurance intermediary company CNinsurehas reported total net revenues of RMB403m ($64.1m) for the third quarter of 2012, with an increase of 5%, compared to same period, last year. Net income attributable to the company's ...
Tags: CNinsurehas, insurance intermediary, insurance, net revenues
Zurich Insurance has reported a net income of $1.14bn for the first quarter of 2012, compared to $640m for the same period in 2011. Business operating profit for the first quarter of 2012 surged to $1.38bn, compared to $854m in the ...
Tags: Zurich Insurance, insurance industry, insurance market, net income
Amica Life Insurance Company, a subsidiary of Amica Mutual Insurance Company, has implemented LifeSuite Automated Underwriting platform from StoneRiver. Amica has selected the new tool based on its previous experience of use of both ...
PVI Holdings and Sun Life Assurance Company of Canada, has entered into an agreement to establish a joint venture, called PVI Sun Life Insurance Company Limited (PVI Sun Life) to offer innovative life insurance products to customers in ...
Tags: life insurance, joint venture, PVI Sun Life Insurance, insurance product
Zurich Private Clients is planning to re-launch its high net worth Travel insurance product for customers in late 2012. Dubbed Zurich Private Clients Travel policy, the new travel product is only available as an extension to Home and ...
Tags: travle insurance, insurance product, insurance service, travel product
Sagicor Life Insurance has completed acquisition of Washington-based PEMCO Life Insurance including addition of the latter’s 7,500 policyholders to its existing 60,000 holders, further boosting an aim to improve the communities in ...
Tags: Sagicor Life Insurance, Pemco Life, acquisition, insurance
Pacific Life, a US insurer has selected Anthony Premer as senior vice president, real estate investments, effective from 1 January 2013. Premer will take the place of Michael Robb who will be retiring at the end of the year after a ...
CNinsure, a China-based independent insurance intermediary company, has established Sales Service Group Company to manage its affiliated insurance intermediary companies. Representing the first local insurance sales service group company, ...
Tags: CNinsure, insurance intermediary, Sales Service Group Company
, the US subsidiary of Mastek Limited is teaming with Communication Intelligence Corporation (CIC) to offer its Elixir North America policy administration system with CIC’s SignatureOne electronic signature (eSignature) offerings and ...
Tags: MajescoMastek, CIC, eSignature, insurance product
Allianz Life Insurance Company of North America, a part of Allianz group has announced promotion as Charles Wikelius as assistant vice president of senior counsel. Wikelius, who reports to the company's Litigation and Regulatory vice ...
Tags: Allianz Life, Allianz group, Charles Wikelius, insurance news