Myanmar has granted license to five private companies to operate and write various kinds of insurance in the country, in a bid to bring greater transparency and more choices to customers. State-owned organization Myanma Insurance has ...
US property and casualty insurance broker Keystone Insurers Group has added Denham Agency, an Americus-based insurance agency, as its 14th partner in Georgia, US. Founded in 1984, The Denham Agency serves insurance needs of individuals, ...
Tags: Keystone Insurers, Denham Agency
USA Business Insurance has broadened its customized business insurance packages offering with the introduction of a new commercial insurance program to address requirements of alarm system installation contractors. Specially priced to be ...
ING US’ Insurance Solutions business has named Dave Wilken as head of individual life distribution team, who will report to Butch Britton, chief executive officer effective from 1 June. In his new role, Wilken will succeed Dan ...
General Electric (GE) is reportedly considering sale of its Australia-based insurance business, GE Capital Insurance, in an effort to adjust its Australian portfolio, a source familiar with the deal has revealed. The source was quoted by ...
Fidelity Life Assurance Company has purchased most of life insurance business from New Zealand insurance company Tower in a deal valued at approximately NZ$189m ($159.54m). The deal has enabled Tower to concentrate on general insurance ...
19 out of the 30 Chinese property insurance firms suffered a loss in auto insurance business last year. The four foreign-invested property insurers on the Top 5 premium revenue gainers list in the country all incurred a loss in auto ...
Tags: Service, Auto Insurance, Insurance
Canadian group Manulife Financial and MetLife in the US are understood to be among the potential bidders to acquire a major stake in AmLife Insurance, the life insurance business of Malaysian bank AMMB Holdings. Sources familiar with the ...
Illinois-based Applied Systems has completed purchase of property and casualty (P&C) business of IVANS, a provider of technology solutions for data exchange and integration between insurance carriers and agencies, for an undisclosed amount. ...
Arthur J Gallagher & Co, a US-based insurance brokerage and risk management services firm, has purchased UK–based Property & Commercial Limited from Barbon Insurance Group, in a bid to further strengthen its operation in the country. ...
Univest Corporation of Pennsylvania (UVSP) and its insurance subsidiary has successfully completed acquisition of John T. Fretz Insurance Agency, a family-owned-and-operated full-service property and casualty insurance agency. The ...
Tags: Insurance Agency, Univest
HSBC Insurance has entered into an agreement to dispose of 50% stake in Hana HSBC Life Insurance Company, to joint venture partner Hana Financial Group. Financial terms of the transaction have not been disclosed, however it is expected ...
Tags: HSBC Insurance, Hana Financial
General insurance provider AXA has agreed to acquire 50% shareholding in Chinese property & casualty insurer Tian Ping Auto Insurance Company (Tian Ping), for a total consideration of €485m. As part of Ambition AXA strategy, the deal ...
Tags: insurance provider, insurance
Malaysia-based banking group AMMB Holdings is looking for potential buyers to dispose of certain stake in its life insurance operations, in a bid to raise nearly $600m from the deal. Sources familiar with the deal were quoted by the Wall ...
Tags: Life Insurance, Insurance
Global risk management company DriveCam has signed a strategic partnership agreement to provide managed services to Crum & Forster’s (C&F) policyholders, as part of C&F’s loss control/safety management services. Crum & Forster ...