Prudential Individual Life Insurance, a unit of Prudential Financial has promoted Caroline Feeney, agency distribution’s vice president of the eastern territory, as the president of agency distribution. Feeney will take the place of ...
Tags: Individual Life Insurance, insurance products, investment products
Prudential Financial has appointed Michele Meyer-Shipp as the new vice president and chief diversity officer to oversee all diversity and inclusion initiatives for the company. In this role, she will also maintain ongoing compliance with ...
Tags: Prudential Financial, legal advice, counsel, training
The Prudential Insurance Company of America has inked a deal with Verizon Communications, pursuant to which the latter will transfer nearly $7.5bn in pension plan obligations to the former. Following the completion of the deal expected in ...
Tags: Prudential Insurance, Verizon Communications, pension plan, insurance
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 ...
Tags: ACE Group, Timothy O'Donnell, executive vice president
Global company engaged in resealable solutions and equipment Zip-Pak is set to open a new manufacturing facility in São Paulo, Brazil. The plant will expand technical and consulting services to customers in Brazil, Argentina, and ...
Tags: Zip-Pak, new manufacturing facility, Brazil
Noting that Iran is eagerly trying to develop its petrochemical industry, the National Petrochemical Company (NPC) Managing Director Abdolhossein Bayat said the country's petrochemical exports for first seven months of the current fiscal ...
Tags: Textile, petrochemical industry
Germany based commercial vehicle manufacturer Diamler Truck's Chinese joint venture (JV) Beijing Foton Daimler Automotive (BFDA) is planning to build a new EUR135m engine plant in Beijing. The facility will be built in Beijing's ...
Tags: commercial vehicle, Diamler Truck, new EUR135m engine plant
Navistar has entered into a diesel engine supply agreement with South Korean commercial vehicle manufacturer Daewoo Bus, at the 2012 Busan International Motor Show in Busan, South Korea. Under the agreement, Daewoo Bus LESTAR light-duty ...
Tags: diesel engine, commercial vehicle, light-duty transit bus
Royal Crown Cola International (RCCI), a division of Cott Beverages, has announced the availability of new flavors in its beverage portfolio for its global bottler network. Royal Crown Cola International marketing vice president Moshy ...
Canadian packaging company CCL Industries has signed an agreement to acquire John Watson & Company, a label converter in Glasgow, Scotland, through the purchase of shares. The acquisition is said to complement the global network of CCL ...
Agro2,a cassava producer located in Veraguas,Panama,is expanding its current cassava production,in order to meet the increased demand. The company is currently constructing a large cassava processing facility,which will produce 2 tons of ...
German carmaker BMW is planning to build a new assembly plant in Brazil, marking its entry into Latin America's luxury car market. BMW's move follows uncertainity after the Brazilian federal government begun imposing additional barriers ...
Tags: assembly plant, Brazil, BMW
Prudential Insurance has struck a deal with General Motors, which will allow Prudential to assume certain salaried retiree benefit obligations as part of GM’s plan to reduce pension obligations by nearly $26bn. The agreement is ...
Tags: Prudential Insurance, General Motors, retiree benefit, insurance
Swiss insurer Zurich Insurance is likely to expand its insurance operations in a bid to gain a strong foothold in emerging markets such as China and Indonesia. The underwriter, under the guidance of its chief executive officer Martin ...
Tags: Zurich, insurance operation, China, Indonesia, insurance market
Privately owned insurance broker Lockton has established a joint venture with reinsurance broker, Security Re, in Ecuador, to strengthen its capability in the Latin American region. The new establishment will be branded as Lockton ...
Tags: Lockton, joint venture, Latin America, reinsurance, insurance