Life insurer MetLife is planning to refund nearly $190m to American International Group (AIG) following a victory by one of its units in legal proceedings filed in a Tokyo court. The American Life Insurance Co (Alico), which won the ...
Tags: MetLife, Life insurer, AIG
Allied World US, a unit of Allied World Assurance Company Holdings (AWH), has introduced a new surety line of business for clients in the US. The company has also appointed Robert Staples as senior vice president, Surety and will report ...
Tags: Allied World US, AWH, new surety line
The Dow industrials posted their third triple-digit-point gain of the year, as Hewlett-Packard and American International Group AIG rallied on earnings and a reading on German business confidence topped expectations. The Dow Jones ...
Tags: Dow industrials, Hewlett-Packard, company news, AIG
American International Group (AIG) has registered a net loss of $4bn, or $2.68 per diluted share, for the fourth quarter of 2012 compared to net income of $21.5bn, or $11.31 per diluted share, during the same period last fiscal. After-tax ...
White Mountains Solutions Holding Company has signed a definitive agreement to buy a runoff insurance subsidiary of Leucadia National Corporation (LUK), Empire Insurance. Subject to customary closing conditions and regulatory approval ...
Tags: White Mountains, Empire Insurance, Insurance
American International Group (AIG) has inked an agreement to purchase Aurec Gold Investments’ 49.99% interest in AIG Israel Insurance Company (AIG Israel), for an undisclosed sum. The acquirer already owns 50.01% interest in AIG ...
American International Group (AIG) has rolled out its latest CorporateGuard D&O policy on the pan-European basis, which offers protection against current risks to directors and officers, as well as fulfills growing corporate governance ...
American International Group (AIG) has signed a bancassurance agreement to serve as exclusive provider of non-life insurance products to HSBC Group customers in Turkey and France. Following the partnership launch in the first half of ...
Tags: AIG, bancassurance agreement, HSBC
American International Group(AIG)has inked a$400m reinsurance transaction with Compass Re to provide peak-zone protection against US hurricanes and earthquakes. In order to fund its potential obligations to AIG,Compass Re has also issued ...
Tags: AIG inks, 400m dollars reinsurance coverage, deal with Compass Re
Businesses are increasingly taking advantage of the economic and political benefits of setting up operations in Malaysia, whether to gain access to a highly skilled but lower-cost workforce to support global operations, or as a stepping ...
Tags: Malaysia, BP, IT Initiative, Multimedia Super Corridor
PERTH, WESTERN AUSTRALIA–(Marketwire -03/21/12)-Greenland Minerals and Energy Limited ("GMEL" or "the Company") (ASX: GGG.AX - News) is pleased to announce the first mineral resource estimate for the 'Zone 2' multi-element deposit. ...
Tags: Exploration, Greenland, Rare Earth, Uranium
As business opportunities in China have become increasingly relevant to today's global economy, the 7th China Software & Sourcing Summit offers participants a prime opportunity for access and insight into the dynamic workings of the Chinese ...
Tags: China Software, dynamic workings, outsourcing industry
ProSight Specialty Underwriters has appointed Ciaran O'Donnell as its Finance Director,effective immediately. O'Donnell served as finance director for several international insurance companies and the Lloyd's market and most recently he ...
US based American International Group (AIG) has entered into a non-binding term sheet with Chinese state-owned insurer PICC Group to set up a proposed joint venture insurance agency company that will sell life insurance and other insurance ...
Tags: AIG, PICC, insurance products
American International Group (AIG) has introduced CyberEdge business risk and insurance cover in the Middle East to negate the threat of cyber-attack to a company. AIG MEA Region Professional Indemnity head Juliette Pettit said, ...
Tags: AIG, CyberEdge business risk, insurance, Middle East, cyber attack