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insurance subsidiary
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11.3% Direct Stake Is Divested by ING in Sulamerica to Swiss Re
Nov 20, 2013Amsterdam-based financial services conglomerate ING has agreed to dispose of its 11.3% direct stake in Sul América, to Swiss Re Group, as part of its plans to further shrink its stake in the Brazilian insurer. As per the terms ...
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Shriram General Insurance,Sanlam Is Mulling Over Acquiring Non-Life Insurance Operations
Oct 24, 2013Shriram General Insurance (SGI), the non-life insurance subsidiary of Shriram Capital, and its South African partner Sanlam, are mulling over acquiring non-life insurance operations in Asia, including Malaysia, Indonesia, Vietnam, and ...
Tags: General Insurance, Insurance
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Radian Inked a Master Transaction Agreement Related to a Group of Mortgage Loans
Sep 3, 2013Radian Guaranty, a mortgage insurance subsidiary of Radian Group (RDN), has inked a master transaction agreement related to a group of 25,760 first-lien mortgage loans held by Freddie Mac. Freddie Mac became delinquent as of 31 December ...
Tags: Radian Guaranty, insurance
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Western and Coast Capital Savings Credit Union Have Closed The Sale of CCIS
Jul 5, 2013Canada-based insurance brokerage Western Financial Group (Western) and Coast Capital Savings Credit Union (Coast Capital) have closed the sale of Coast Capital Insurance Services (CCIS). Western will acquire the ownership of Coast ...
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Univest Successfully Completed Acquisition of John T. Fretz Insurance Agency
May 3, 2013Univest Corporation of Pennsylvania (UVSP) and its insurance subsidiary has successfully completed acquisition of John T. Fretz Insurance Agency, a family-owned-and-operated full-service property and casualty insurance agency. The ...
Tags: Insurance Agency, Univest
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iQual Has Signed an Agreement to Provide Its ApprovalGUARD Service to Radian Guaranty
Apr 16, 2013iQual has signed an agreement to provide its ApprovalGUARD service to Radian Guaranty, the private mortgage insurance subsidiary of Radian Group (RDN). The ApprovalGUARD will support Radian Guaranty's borrowers, who recently modified ...
Tags: Radian, iQual, Approvalguard Service
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ACE Unveiled Agriculture Property, Known as ACE Agribusiness
Apr 15, 2013ACE Group, a multiline property and casualty insurer, has unveiled a new agriculture property and casualty insurance business, known as ACE Agribusiness, in a bid to further reinforce its presence in the sector. The newly established ...
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Brown & Brown Acquire Certain Assets Associated with Everest Security Insurance Company
Mar 29, 2013Brown & Brown subsidiary Arrowhead General Insurance has signed definitive agreement to acquire certain assets associated with Everest Security Insurance Company (ESIC), a wholly-owned primary insurance subsidiary of Everest Re Group, ...
Tags: General Insurance, insurance, Everest
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AIG Sets up a New Business Unit, Known as Connective Mortgage Advisory
Mar 8, 2013American International Group (AIG) has set up a new business unit, known as Connective Mortgage Advisory, with an aim to identify and purchase residential mortgages for investments. Leveraging AIG's investment expertise and the experience ...
Tags: AIG, loan-servicing component, insurer
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White Mountains Signed a Definitive Agreement to Buy a Runoff Insurance Subsidiary of LUK
Feb 21, 2013White 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
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Atlas Financial Has Completed The Acquisition of Camelot Services
Jan 4, 2013US commercial automobile insurance provider Atlas Financial has completed the acquisition of Camelot Services, and its lone insurance subsidiary, Gateway Insurance, for nearly $23m. Based on terms of agreement inked on 24 October 2012, ...
Tags: Atlas Financial, Acquisition of Gateway Insurance, Insurance
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The Economic and Social State of Hainan Has Been Experiencing a Great Change
Dec 12, 2012Speech by the Governor Being established as a Province and a Special Economic Zone in 1988, Hainan is the youngest province and the largest Special Economic Zone in China, as well as a province rules the largest sea areas. The economic ...
Tags: Hainan Province, survey, economy, investment
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American Safety Insurance Holdings Is Gearing up to Acquire Bluestone Surety
Dec 6, 2012US underwriter American Safety Insurance Holdings is gearing up to acquire Cayman-based insurer Bluestone Surety for an undisclosed sum. The insurer wholly-owned subsidiary, American Safety Holdings has inked stock purchase agreement to ...
Tags: underwriter, American Safety Insurance Holdings, Bluestone Surety
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Florida Changed Its Corporate Name as Federated National Holding Company
Dec 4, 2012Florida based insurance provider 21st Century Holding Company has changed its corporate name as Federated National Holding Company (Federated National), after receiving shareholder approval. The company has also changed its Nasdaq trading ...
Tags: 21st Century Holding Company, Federated National Holding Company
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Atlas Financial Holdings Has Signed a Definitive Agreement to Acquire Camelot Services
Dec 4, 2012US commercial automobile insurer Atlas Financial Holdings has signed a definitive agreement to acquire Camelot Services, and its lone insurance subsidiary, Gateway Insurance, for nearly $23m. As per the terms of the deal, the purchaser ...
Tags: Financial, Insurance, automobile insurer, insurance subsidiary