ACE Group, a multiline property and casualty insurer, has introduced a suite of surety products for the Italian market, in an effort to continue expansion of its international capabilities in the Continental Europe region. Supported by ...
Tags: ACE, Surety Products
Canadian group Manulife Financial and MetLife in the US are understood to be among the potential bidders to acquire a major stake in AmLife Insurance, the life insurance business of Malaysian bank AMMB Holdings. Sources familiar with the ...
HSBC Middle East has inked an exclusive agreement with Zurich Insurance Middle East for distribution of its personal and commercial general insurance products in the UAE over the next ten years. Involving distribution in other Middle East ...
Tags: General Insurance, HSBC
Japan's Dai-ichi Life Insurance, Zurich Insurance Group and Allianz in Germany are gearing up to bid for the insurance arm of Turkish bank Yapi ve Kredi Bankasi, Yapi Kredi Sigorta, to expand their footprint in Turkey. Yapi Kredi Sigorta ...
Tags: Japan, Dai-ichi Life Insurance, Zurich Insurance Group, Allianz
Zurich Insurance Group has reported a business operating profit (BOP) of $4.1bn for the full year 2012, down by 4% from $4.24bn during the same period last fiscal. Net income after tax attributable to shareholders (NIAS) stood at $3.9bn, ...
Tags: Zurich Insurance Group, BOP, 2012
Claims technology provider Symbility Solutions has entered into a strategic partnership with Johannesburg based Digicall Solutions, to expand its mobile claims platform in South Africa. Operating since 2003, Digicall consists of seven ...
National Windscreens, one of the largest independently owned auto glass repair and replacement specialists in the U.K., has announced its projection for major sales in 2013. "There's no denying that we are operating in a fiercely ...
Tags: Windscreens, National Windscreens, glass repair, glass
To streamline commercial underwriting in Switzerland Business process management and customer relationship management player Pegasystems announced that it has signed a deal with Zurich Insurance Group for a BPM system for its commercial ...
Swiss life insurer has selected Pegasystems's software solution to help automate its commercial underwriting process in Switzerland. Automation of commercial underwriting process that comprises both broker and agent channel, several ...
CSC has stemmed losses in its 10-year outsourcing deal with Royal Mail through a combination of job cuts, tax breaks and relief payments, according to an analysis of eight years of published accounts for the venture. The supplier signed ...
Tags: CSC, job cuts, tax breaks, relief payments
Zurich Insurance has extended an IT application outsourcing contract with CSC, which could lead to the relationship spanning 19 years. A seven-year extension to a deal originally penned in 2004, which will start in 2013, also has the ...
Tags: Zurich Insurance, CSC, outsourcing contract
Property and casualty insurer ACE has named Luc Reuter as senior vice president and head of Surety, Europe, as it expands its international surety capabilities into Continental Europe region. Based in Frankfurt, Luc will develop and ...
Tags: property and casualty insurer, ACE, Luc Reuter, senior vice president
Switzerland based life insurer Zurich Insurance has unveiled a wide range of comprehensive travel insurance products which the company claims to be ideal to meet the specific needs of UAE residents. The suite of policies includes four ...
Tags: life insurer, Zurich Insurance, travel insurance products, insurer
Zurich Insurance Group (Zurich) has reported a business operating profit (BOP) of $1.13bn for the second quarter of 2012, with a slump of 12% from $1.28bn during the same period last fiscal. Zurich headquartered underwriter said that its ...
Tags: Zurich Insurance, operating profit, net income, insurance
Zurich Insurance has reported a net income of $1.14bn for the first quarter of 2012, compared to $640m for the same period in 2011. Business operating profit for the first quarter of 2012 surged to $1.38bn, compared to $854m in the ...
Tags: Zurich Insurance, insurance industry, insurance market, net income