Switzerland’s multi-line insurance provider Zurich Insurance Group is set to dispose of its remaining 9.4% stake in New China Life Insurance (NCI) for $943m (£584.7m), to diversify its Asian operations. Zurich plans to ...
Tags: Zurich Insurance, Life Insurance
Arthur J Gallagher, an Illinois-based insurance brokerage and risk management services firm, has acquired the Giles Group of Companies (Giles) of London, for an undisclosed sum. Giles operates as an independent retail broker with ...
Tags: Giles Group, Service
ACE Group announced the launch of a new insurance solution for contractors and suppliers as it expands its offering to the offshore oil and gas sector. “ACE Offshore”, which has been enhanced in response to direct feedback from ...
Tags: Gas Industry, Oil Industry, ACE
The Alkaline Water Company Inc. (OTCBB: WTER) (the "Company"), developers of an innovative state of the art proprietary electrolysis beverage process, packaged and sold in 3 liter and 1 gallon sizes under the trade name Alkaline88, is ...
Amsterdam-based financial services conglomerate ING has agreed to dispose of its 11.3% direct stake in Sul América, to Swiss Re Group, as part of its plans to further shrink its stake in the Brazilian insurer. As per the terms ...
Zurich Insurance, a Switzerland-based multi-line insurance provider, is planning to scrap all of its 700 life insurance agents in Hong Kong by the end of the year, as its focuses to sell insurance products from agents to brokers and ...
Tags: Zurich Insurance, Life Insurance
Aequitas Automotive, a niche insurance provider, is planning to unveil its new insurance product distribution service, BMPro.co.uk online system, in the UK for motor dealers, insurance brokers and affinity partners in the country. ...
Xuber, Xchanging’s insurance software business, has been selected by Everest Reinsurance Company (“Everest Re”) to implement Xuber for Reinsurers in place of its existing legacy system. The deal marks the first customer to ...
Berkshire Hathaway Specialty Insurance has added risk management support services to its healthcare professional liability portfolio. With this development, the company will reimburse insurance policyholders for the costs of pre-approved ...
Tags: Berkshire Hathaway, Healthcare
HealthPlanOne, a private healthcare exchange services provider, has added Employer Solutions to its portfolio of services. Employer Solutions continues to partner with brokers and allows consultants to provide a definite solution to ...
Tags: HealthPlanOne, Employer Solutions
More and more consumers and corporations are touting the benefits of "local" foods, often described as "sustainable," "healthy," or "natural." According to the trade publication, Sustainable Food News, "local" as a marketing claim, has ...
Tags: local food, organic food, farming
Further to the announcement made on 7 August 2013, the board of directors (the “Board”) of Lancashire Holdings Limited (“Lancashire” or the “Company”) is pleased to announce that it has completed the ...
Tags: Lancashire, Cathedral Capital
UK-based insurance services provider Howden Broking Group has acquired Tel Aviv-based insurance broker Bar-Ziv Ravid Insurance Group for an undisclosed amount to expand its operations in Israel. Founded in 1976, Bar-Ziv Ravid Insurance ...
Tags: insurance, Howden Broking Group
With Australian retailers and suppliers facing increasing challenges from a rapidly changing digital world, a new three-day exhibition for the logistics sector has been announced for Melbourne in March 2014. The 3PL (third party ...
The Travelers Companies, a US-based P&C insurer has acquired The Dominion of Canada General Insurance Company from E-L Financial, to boost its business operations. The cash transaction was valued at nearly $1.1bn, subject to adjustment, ...
Tags: Insurance, E-L Financial