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Domestic Insurance
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ERGO Insurance Launched a Joint Venture ERGO China Life to Offer Life Insurance
Sep 10, 2013The ERGO Insurance Group, which is part of the Munich Re Group, has launched a joint venture (JV) ERGO China Life to offer life insurance to private customers in the Chinese province of Shangdong. Shandong is said to be the third largest ...
Tags: ERGO Insurance, China Life
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RLIC Has Introduced a New Distribution Format
Jan 4, 2013Reliance Life Insurance Company (RLIC) has introduced a new distribution format, Career Agency, intended to boost its business operations across the country. Under the new distribution channel, the company will appoint 5,500 career agents ...
Tags: RLIC, distribution format, Career Agency, business operations
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IAG Is Seeking to Expand Its Foothold in The Indonesian Underwriting Market
Dec 3, 2012Insurance 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
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SIMS Claims Software Has Been Selected to Run on Premier SIMS Cloud Infrastructure
Nov 29, 2012SIMS Claims software has been selected by Crosswalk Claims Management as a hosted solution to run on Systema's premier SIMS Cloud infrastructure. Systema Software CEO Jose Tribuzio said that the SIMS Claims will provide next-generation ...
Tags: Crosswalk, SIMS, cloud infrastructure, software
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AXA S.A Has Decided to Cease Investments in Taiwan
Nov 27, 2012Taipei, Nov.21, 2012 (CENS)--AXA S.A, a French insurance group, which planned to set up a base in Taiwan for the third time, has decided to cease investments in Taiwan and transfer NT$2 billion (US$66.67 million) to other Asian countries. ...
Tags: AXA S.A, cease investments in Taiwan, Asian
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Concordis Group Is in The Process to Procure an Undisclosed Company
Nov 26, 2012Concordis Group,a provider of business insurance services,is currently in the process of signing a letter of intent to procure an undisclosed domestic insurance company. As previously announced on 4 October 2012,Concordis Group CEO ...
Tags: Concordis, Domestic Insurance
