Pacific Life, a US insurer has selected Anthony Premer as senior vice president, real estate investments, effective from 1 January 2013. Premer will take the place of Michael Robb who will be retiring at the end of the year after a ...
Germany based underwriter Allianz has inked a 10-year bancassurance distribution agreement with London based HSBC, pursuant to which the latter , Indonesia, Malaysia, Australia, Sri Lanka and Taiwan. The products will be delivered by the ...
Tags: Allianz, HSBC, life insurance, insurance
US based underwriter Chartis, a division of AIG insurers has incorporated PLL Power Pack Protect to its NextGen Protection suite of industry specific insurance products. The newly added insurance policy has been developed to address ...
Tags: Chartism, AIG, PLL Power Pack Protect, specific insurance products
Premier's healthcare alliance has selected Beazley as the preferred cyber liability insurer for its clients, which include more than 2,700 US hospitals and 90,000 healthcare sites. The firm's subsidiary, Premier Insurance Management ...
Tags: healthcare alliance, cyber liability, health insurance, insurance
Liberty Mutual Insurance Group, a diversified underwriting start up, has forayed into Ecuador’s insurance arena, riding on two acquisitions including Panamericana de Seguros del Ecuador and Cervantes Compania de Seguros y Reaseguros. ...
Tags: Liberty Mutual Insurance Group, Ecuador, acquisition, insurance
Insurance Australia Group (IAG) is seeking to expand its foothold in the Indonesian underwriting market with an acquisition of A$100m ($102m) in Indonesia. IAG's Asia CEO Justin Breheny said the insurer has decided to partner with a bank ...
Tags: IAG, Indonesian underwriting market, acquisition, insurance
Property and casualty insurer ACE Limited has reported net income for the quarter ended on 30 September 2012, of $688m or $1.86 per share, compared with a net loss of $751m or $0.11 per share for the same quarter last year. Commenting on ...
Tags: ACE, quarter 3, net income, insurance
US life insurer Encompass, a subsidiary of Allstate, and Brasher Insurance have teamed up to offer affordable home and car insurance to the denizens of Utah, US. Under the new partnership, Brasher will offer insurance coverage through ...
Tags: Encompass, life insurance, home and car insurance, Utah, Brasher Insurance
US based property and casualty insurer Tower Group has acquired a miniority stake of 8.5% in Cinium Financial Services for $7m in the form of convertible senior notes, which are due in 2026. The underwriter said that the recent investment ...
Tags: ower Group, Cinium Financial Services, stake, acquisition
US commercial property casualty underwriter Travelers Insurance has reported that its second quarter of 2012 net income was $499m, or $1.26 per diluted share, compared to a net loss of $364m, or $0.88 per diluted share during the same ...
Tags: Travelers Insurance, property casualty, quarter 2, net income, insurance
Dallas-based P&C insurer, the Republic Group has hired Timothy Wiedmeyer to act as the companies' vice president of claims. Prior to this, Wiedmeyer worked with West Bend Mutual Insurance, a regional property and casualty insurer ...
Tags: Republic Group, Timothy Wiedmeyer, vice president, property insurance
Patriot National Insurance has named Bob Peters as its chief operating officer to manage the operational support of Guarantee Insurance. Peters will report to Charles Schuver, president of Guarantee Insurance and will be based at Patriot ...
Tags: Patriot National Insurance, Bob Peters, Guarantee Insurance, insurance
Specialty insurance and reinsurance products provider Argo Group International Holdings has appointed Jason Dsouza as casualty and professional lines underwriter for Argo Re (DIFC). Based in Dubai, Dsouza will report to Argo Re's (DIFC) ...
Tags: insurance, reinsurance, insurance product, insurance service
UK-based HSBC Holdings PLC is likely to dispose of its 15.6% interest in China’s Ping An Insurance. Undisclosed sources were cited by a Chinese-language Hong Kong Economic Journal as saying that Thai businessman Dhanin Chearavanont ...
Tags: PLC, interest, Ping An Insurance, insurance
Emploters, a US small business insurance firm, has appointed Bryan Ware as senior vice president and chief actuary to gain strong foothold in the underwriting business. Having nearly 30 years of experience in the insurance industry, Ware ...
Tags: Emploters, business insurance, foothold, insurance