Brown & Brown, Inc. (NYSE: BRO) today announced its preliminary, unaudited financial results for the third quarter of 2013. Net income for the third quarter of 2013 was $57,749,000, or $0.39 per share, compared with $49,504,000, or $0.34 ...
Tags: Brown&Brown, J.Powell Brown
Randall & Quilter Investment Holdings Ltd (‘R&Q’ or the ‘Group’) is pleased to announce that it has acquired the entire issued share capital of Flagstone Alliance Insurance and Reinsurance LTD (‘FAIR’), a ...
Aplifi, a leading provider of life & annuity order management, client management, and electronic document delivery for the financial services and insurance market segments, announced today that it has contracted with Standard Insurance ...
South Africa's financial services group Sanlam Emerging Markets (SEM) in engaged in negotiations with Nico Holdings, to acquire 49% stake in the general insurance operations in Malawi, Tanzania, Uganda and Zambia. Financial terms of the ...
Tags: General Insurance
The Guardian Life Insurance Company of America, a mutual life insurer and employee benefits provider, has rolled out its stop loss insurance product for employers that self-fund their own health plans. Guardian's Stop loss insurance ...
Tags: Life Insurance, Guardian
Allianz Global Assistance, a US travel insurance and assistance provider, has rolled out a new portfolio of Travel Insurance core retail plans marketed by travel agents. The company's 'Classic Plan' is now a suite of plans that comprises ...
Tags: Allianz, Enhanced Products
China celebrated its first national Seniors' Day on Sunday. The Chinese government has made the ninth day of the ninth lunar month, the Double-Ninth Festival, a day to honor senior citizens since 1989, but this year's Seniors' Day is the ...
Tags: Seniors'Day
Book balance of investments made by insurance companies in equity assets is required to be not higher than 30% of total assets by the end of the previous quarter, compared with not higher than 25% in the past, according to a draft ...
Tags: Insurers'Investment, insurance, Service
Allied World Assurance Company Holdings, AG (NYSE:AWH) announced today that Allied World U.S. has launched a new version of its Executive ForceField product; a policy specifically developed to address coverage gaps for directors and ...
Tags: Allied World U.S, Service
Swiss commercial property-casualty insurer Zurich has rolled out a new Side A D&O policy to deal with the growing litigation landscape and provide cover for liability exposures globally, including China, Brazil, Mexico, Japan and India. ...
International property and casualty insurance holding company Markel Capital has reached on agreement to purchase Abbey Protection to boost its product range in the UK and improve reach within the country’s retail market. Under the ...
Tags: Markel Capital, Abbey Protection
London-based insurer RFIB Group (RFIB) has officially launched its new representative office in Durban, South Africa, as part of its strategy to boost its operation in the sub-Saharan insurance market. RFIB director John Hoggard has been ...
Tags: RFIB, Representative Office
Esurance, the direct-to-consumer personal car insurance company, is now offering Texas motorcycle insurance. Texas riders who choose Esurance can get full access to innovative, interactive online tools and technology that help simplify ...
Tags: Motorcycle Insurance, Esurance
New York-based private equity firms J C Flowers & Co and Apollo Global Management are reportedly considering to submit bids for Hartford Financial Services Group’s Japanese annuity business. Three people familiar with the matter ...
Tags: Apollo, Global Management
India-based Jammu & Kashmir Bank is planning to offload entire or a fraction of its 5% stake in life insurance joint venture (JV) MetLife India. J&K Bank CEO and chairman Mushtaq Ahmed was quoted by the Economics Times as saying that the ...
Tags: J&K Bank, Minority Stake