GMI Ratings has selected InfoTech Solutions for Business, Inc. to manage IT infrastructure and software product development. NEW YORK, NY, November 19, 2012 /24-7PressRelease/ -- GMI Ratings, the leading provider of research on ...
Tags: GMI Ratings, InfoTech, software product, IT infrastructure
Taipei, Oct. 24, 2012 (CENS)--Affected by sluggish economy and decline of market interest rates, the Financial Supervisory Commission (FSC) announced yesterday (Oct. 23) slashing the interest rates for liabilities reserves funds for foreign ...
Tags: FSC, U.S.dollar-denominated insurance policies, Life insurers
INTERNAL INCONSISTENCIES WITHIN THE INDUSTRY MAY HINDER FUTURE GROWTH,SAYS DATUK(DR)SOW Malaysia's furniture industry is faced with certain internal inconsistencies that can prevent it from progressing,according to Group Managing Director ...
Tags: Furniture, Policies, Furnishing, Malaysia
Alpine Glass of Minneapolis, Minn., has won an arbitration award against the United Services Automobile Association (USAA) in the amount of $137, 019. This award, decided on August 27, is the most recent win in a string of arbitration ...
Tags: market view, glass
Insurers are seeking rate hikes of 5%to 15%for primary casualty construction business,Marsh Inc.said in a special report on the sector published Thursday. But,"risks with high loss ratios typically are experiencing higher increases and ...
Tags: Marsh Inc., insurance, casualty construction business, U.S.construction
SS&C Technologies has unveiled a new risk analysis software, Camra I-Risk, for insurance companies in an effort to address risk amidst emerging solvency standards. Commenting on the launch of the new risk management system, SS&C ...
Tags: SS&C Technologies, risk analysis software, Camra I-Risk
US based underwriter Hortica Insurance and Employee Benefits (Hortica) has picked up the Inspection software solution from Risk Control Technologies, to streamline its loss control operations. The underwriter was looking for a technology ...
Tags: Service
SAP is suing insurer Swiss Re International, claiming that the company has refused to pay its share of an $80 million settlement with Waste Management, which had brought suit against SAP in 2008 over a troubled software project. Waste ...
Tags: SAP, software, human resources, finance, logistics
AllianceBernstein, an investment management firm has appointed Andrew C Terry as senior client advisor to its insurance services team, who will assist in delivering tailored solutions to meet clients' unique investment needs. According to ...
Prudential is seriously contemplating to wash its hand from its UK life annuity business as its operation in the UK is not fetching sumptuous profit. The same move has been termed as a "disaster", by its chief executive officer Tidjane ...
Tags: UK Arm, Prudential, annuity business, sumptuous profit
Allianz Life Insurance Company of North America has registered 21% rise in operating profit, which stood at $381m for the first half of 2012, against a profit of $315m in the comparable period last year. The underwriter claimed that its ...
Tags: Allianz Life Insurance Company, operating profit, comparable period
Keystone Insurers Group, a US based independent insurance agency, has selected Kaye Garruto as its Georgia state vice president. Announcing the appointment, Keystone's vice president of client services Lea Ann Hawk said that the ...
Hiscox has joined hands with Business Owners Liability Team (BOLT Insurance Agency) to distribute its small commercial insurance products to business owners in the US on the BOLT Insurance portal platform. BOLT Insurance evp Tom Hammond ...
Tags: BOLT Insurance, Insurance, Service
Dutch insurer Aegon is planning to cancel its listing on the official list maintained by the UK Listing Authority and its admission to trading on the London Stock Exchange (LSE). Both cancellations are anticipated to take effect on 29 ...
Tags: Aegon, cancelled, common shares, life insurance, pensions
Ireland has fined UBS AG's life insurance subsidiary for violating a regulation of 2010, intending to prevent money laundering law and the financing of terrorism. The Central Bank of Ireland fined EUR65,000 and alleged that UBS had not ...
Tags: UBS AG, financing of terrorism, effective implementation