Kemper Corporation has reported that its net income for the first quarter of current fiscal declined by 17.6% to $43.6m, or $0.73 per share, compared to a net income of $51.5m, or $0.85 per share during the same quarter a year ago. ...
ACE will soon inaugurate a new office in Aberdeen before the end of 2012 as part of its continued strategy to enhance service for UK regional brokers and clients. According to the underwriter, the branch will be ACE's 12th in its UK and ...
Tags: ACE, insurance business
Industrial Alliance Insurance and Financial Services has acquired its subsidiary, Industrial Alliance Pacific Insurance and Financial Services, effective 30 June 2012. As per the merger agreement inked, the former Industrial Alliance ...
Tags: Industrial Alliance, subsidiary, strong financial position
Bankers Life and Casualty has launched a new life and health insurance product, Critical Benefit to provide additional financial protection associated with treatment and recovery as well as cover non-medical expenses. The critical illness ...
US insurance holding company Torchmark has purchased a privately owned supplemental health insurance provider Family Heritage Life Insurance Company of America, for nearly $232m. The transaction is expected to be immediately accretive to ...
Insurance information-services company ICEX has launched the first cross-claims data exchange, Claimcatcher, to help reduce overpayments related to medical and injury claims for property & casualty (P&C) and health insurers. ICEX CEO ...
Tags: ICEX, health insurance, property insurance, casualty insurance
ACE has appointed Jeff Hobson as branch manager of its Leeds office, in a move to further strengthen its regional management team within its UK and Ireland region. The commercial line insurer said that Jeff's appointment takes place with ...
Tags: ACE, Jeff Hobson, regional management, insurance
Netherlands-based financial services provider Delta Lloyd has signed an agreement with SynerScope to use its visual analysis software for detection and prevention of insurance fraud. The software is scheduled to be deployed by the company ...
Property and casualty insurer ACE has promoted Lauretta Alberti as senior environmental insurance underwriter for the Benelux and Nordic region. Lauretta will report to Dorothee Prunier, environmental insurance manager, continental Europe ...
Tags: ACE, Lauretta Alberti, environmental insurance, insurance
Global property and casualty insurer ACE has inked a definitive agreement with Ally Financial to acquire ABA Seguros in Mexico for nearly $865m in a cash transaction. Commenting on the deal, ACE chairman and chief executive officer Evan ...
Tags: ACE, Ally Financial, ABA Seguros, acquisition
The ACE Group, a provider of insurance and reinsurance services, has appointed Juan Alberto Vélez Arredondo as its new regional president for Latin America, ACE Life. Reporting to ACE Life president Russell Bundschuh, Velez will be ...
Tags: ACE Group, insurance, reinsurance service, insurance service
Medica has appointed John Naylor as senior vice president for commercial markets to enhance the business segment, effective from 19 November 2012. Naylor will take over the new role from Simeon Schindelman, who has been appointed as chief ...
ACE USA, the US retail operating division of the ACE Group, has named Caroline Clouser as the executive vice president, medical risk & life sciences, with an aim to boost its market share in the US underwriting sector. Clouser will manage ...
Tags: ACE USA, Caroline Clouser, executive vice president, medical risk
ACE USA, the US retail operating division of the ACE Group, has named Caroline Clouser as the executive vice president, medical risk & life sciences, with an aim to boost its market share in the US underwriting sector. Clouser will manage ...
Tags: medical risk, life sciences, market share, Life Sciences division
Religare Health Insurance (RHICL) has formally launched its general insurance operations with head office in Delhi, India, as part of its business initiations in July 2012. Religare Health Insurance MD &CEO Anuj Gulati said, "Given our ...
Tags: Health Insurance, insurance operations, insurance firm, insurance