UK non-life insurer Ageas has completed the acquisition of Groupama Insurance Company Limited, strengthening its multi-channel distribution approach and commitment to grow in Britain's broker market. The deal makes Groupama a separate ...
Tags: Ageas, Groupama Insurance Company, multi-channel distribution
Nan Shan Life widened the lead on Fubon Life in first year premium (FYP) revenues from NT$500 million (US$16.67 million) in October to NT$2.8 billion (US$93.3 million) in November, also challenging the leader Cathay Life fiercely after ...
Tags: Nan Shan, FYP revenues, Cathay Life
South Africa-based non-life insurer Santam has selected Guidewire Software PolicyCenter as its new underwriting and policy administration solution. In addition to Guidewire Rating Management to benefit more precise rating and pricing ...
Tags: non-life insurer, policy administration solution, new underwriting
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
Sun Life Financial has introduced a flexible set of voluntary group disability insurance options, including Voluntary Short Term Disability (VSTD) and Voluntary Long Term Disability (VLTD) for workers. According to life insurer, the ...
US life insurer MetLife is set to launch a third-party asset management business to tap opportunities in private asset sectors, including real estate equity, commercial mortgages and private placement debt. The proposed business will ...
Tags: MetLife, asset management, private asset, commercial mortgage
Allied World Assurance Company has selected Iain MacLeod as senior vice president, Asia-Pacific, to manage distribution management and regional business development for all direct and facultative lines, including casualty, environmental, ...
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Aviva, a UK multinational insurance company has warned that it will slash approximately 800 jobs in its UK operation, as part of its austerity measure to reduce the cost substantially and bring the life insurer on the track. The ...
Tags: multinational insurance company, insurance company, life insurer
US based life insurer National Western Life Insurance Company reported that its revenue rose by 9% to $196.7m for the first quarter in 2012, compared to revenue of $180.37m during the same quarter previous year. Operating revenues, ...
Tags: National Western Life Insurance, quarter 1 revenue, insurance, revenue
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
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
Life insurer Primerica has registered an 18% rise in its second quarter of 2012 net operating income, which summed up to $45.5m, or $0.71 per diluted share, compared to $38.6m, or $0.51, during the same period last year. For the latest ...
Tags: Primerica, operating income, net income