BASF increased sales by 3% in the second quarter of 2013 to just under €18.4 billion thanks to higher sales volumes in all segments. Income from operations (EBIT) before special items decreased by 5% to around €1.8 billion. In the ...
Tags: Construction, Decoration
Ride sharing app Sidecar is advising its drivers to steer clear of San Francisco International Airport after officials there started issuing citations to drivers for picking up and dropping off passengers. "We've heard rumblings that ...
Tags: Sidecar
The large majority of people working in IT procurement are "significantly dissatisfied" with the way SaaS (software as a service) vendors define contract language related to security, a feeling likely to persist through 2015, according to a ...
Tags: Security Specifics
American International Group (AIG) has reported net income attributable to the company of $2.7bn, or $1.84 per share, for the quarter of 2013, up by 17% compared to $2.3bn, or $1.33 per share during the corresponding period earlier year. ...
Employee benefits-only agency Digital Insurance has purchased Strategic Employee Benefit Services (SEBS) group, which comprises Wellesley, Providence and Springfield, to boost its client services in Massachusetts and across the Northeast. ...
Tags: Digital Insurance, Services Group
The Covered California health insurance exchange has accepted Health Net Life Insurance’s bid to provide healthcare coverage to eligible small businesses for all 58 counties in the state. Health Net Life Insurance is a wholly owned ...
Tags: health insurance, Health Net Life
Global insurance and reinsurance firm XL Group has appointed Mark McConico as vice president and underwriting manager of its US risk management group in Los Angeles. In addition, the company promoted Theresa Schlageter to senior vice ...
Tags: XL Group, Underwriting Manager
Risk management solutions provider Digital Matrix Systems (DMS) has introduced DMS Insurance Attributes to provide customised data for insurers to enhance decision-making. The product will help insurers to optimise insurance rate ...
UK-based Sainsbury’s Bank is planning to partner with general insurer Allianz Insurance, part of Allianz SE Group, to provide its pet insurance for customers. Under the partnership, which will launch in the autumn of 2013, Allianz ...
Tags: Pet Insurance, Sainsbury's Bank
Manulife Financial has inked a contract to dispose of its life insurance business in Taiwan to CTBC Life Insurance Co (CTBC Life), a subsidiary of CTBC Financial. The acquisition of insurance operations of Manulife in Taiwan, which ...
Tags: Life Insurance, CTBC Life
US-based life insurer MetLife has reported operating earnings of $1.6bn, or $1.44 per share, for the second quarter of 2013, with an increase of 11% and 7%, compared to $1.43bn, or $1.34 per share, respectively during the same period last ...
Tags: Metlife, life insurer
The Philippines is planning to propose a mandatory insurance bill as the country is more prone to earth quakes due to its location on the Pacific Ring of Fire. The proposal, which is backed by Asian Development Bank with a $70m loan, aims ...
Tags: Philippines, Insurance Bill
Specialty underwriting company KnightBrook Insurance has selected Innovation Auto platform from Innovation Group to provide auto claim repair services for its national auto business. Innovation Auto includes services like the Innovation ...
Tags: Knightbrook, Innovation Auto, Insurance
Dialight, the innovative global leader in LED lighting technology, today announced that it has become an 'Accredited Supplier' in the Carbon Trust's recently launched Green Business Directory. The directory features suppliers which have ...
Insurance Services Office (ISO), a provider of actuarial and underwriting information, has enhanced its cyber liability insurance (e-commerce) product to introduce new insurance policies for firms with a media liability exposure. The new ...
Tags: Cyber Liability Insurance, ISO