Allied World Financial Services Company, a subsidiary of Allied World Assurance Company, has entered into strategic partnership with MatlinPatterson, a US-based private equity and hedge fund firm, to expand its asset management business. ...
Tags: Allied World Financial Services Company, assurance, financial service
Florida based insurance provider 21st Century Holding Company has changed its corporate name as Federated National Holding Company (Federated National), after receiving shareholder approval. The company has also changed its Nasdaq trading ...
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The Hartford, a US-based insurance and financial services company, has selected Guidewire ClaimCenter as its new solution to manage all of its property and casualty claims. Commenting about the selection, The Hartford claims executive ...
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ACE USA, the US retail operating division of the ACE Group, has named Caroline Clouser as the executive vice president, medical risk & life sciences, with an aim to boost its market share in the US underwriting sector. Clouser will manage ...
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US insurer American International Group (AIG) has launched an enhanced general liability program to provide coverage for construction clients facing Occupational Safety and Health Administration (OSHA) investigations. Dubbed OSHA Assist, ...
Tags: OSHA Assist, insurer, Occupational Safety, Health Administration
ACE USA, the US retail operating division of the ACE Group, has named Caroline Clouser as the executive vice president, medical risk & life sciences, with an aim to boost its market share in the US underwriting sector. Clouser will manage ...
Tags: medical risk, life sciences, market share, Life Sciences division
US-based commercial insurer CNA Financial has reported a net income of $250m, or $0.93 earnings per share, for the first quarter of 2012, compared to $220m, or $0.82 earnings per share, for the same period in 2011. For the first quarter ...
Tags: CNA Financial, net income, Net operating income, commercial insurer
Allied World Assurance Company has selected Iain MacLeod as senior vice president, Asia-Pacific, to manage distribution management and regional business development for all direct and facultative lines, including casualty, environmental, ...
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Pennsylvania-based insurance wholesale broker WN Tuscano Agency has completed acquisition of Special Risk Solutions (SRS), the brokerage division of Utica Mutual Insurance Company. SRS is scheduled to commence operations under the Tuscano ...
Tags: WN Tuscano Agency, Special Risk Solutions, acquisition
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 ...
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ACE, a global commercial property and casualty insurance firm, has named Jeremy Cole as risk control account manager in the UK and Ireland casualty risk engineering department. ACE casualty risk control manager UK and Ireland Phil Myers ...
Tags: ACE, casualty insurance, commercial insurance, insurance product
CNA Financial has selected Michael Kirchgessner as the vice president of Umbrella for commercial underwriting, in a bid to expand its underwriting capabilities. CNA Commercial chief underwriting officer John Beckman said the company is ...
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The ACE Group has hired Timothy O’Donnell as executive vice president of financial lines for its international insurance operations, effective 1 June 2012. In this role, O'Donnell will be responsible for the company's directors and ...
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US based property and casualty underwriter Tower Group has announced sale of its health insurance business for $102m to Australian private health insurer NIB Holdings. Subject to clearance from the Overseas Investment Office, the sale is ...
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ACE Group, a multiline property and casualty insurer has promoted two officers with immediate effect as part of its efforts to strengthen its management and underwriting team. Current Major Risks casualty manager Mike Reid has been ...
Tags: ACE Group, casualty insurance, insurance industry, insurance