Sumitomo Life Insurance of Japan has reached an agreement to acquire 40% stake in PT Bank Negara Indonesia's life insurance business for nearly JPY36.2bn ($354m). Sumitomo Life said in a statement that the partnership with BNI and BNI ...
Tags: Service
Manulife Financial, a Canada-based life insurance provider, has swung to a profit of C$1.03bn ($989m), for the third quarter of 2013, compared with a loss of C$211m for the same period in 2012. The net earnings were driven by strong ...
Tags: insurance, Core earnings
Deland, Gibson Insurance (DG), a Massachusetts insurance agency dedicated to lowering their clients' Total Cost of Risk, announced its appointment with Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned ...
Esurance, the direct-to-consumer insurance company, is now offering Kansas renters coverage. The coverage -- which costs around $10 a month on average* -- is available to residents that live in apartments, condominiums, and houses in the ...
Tags: Esurance, Renters Coverage
US-based property and casualty insurer Tower Hill Insurance has selected IVANS Download, to accurately and consistently communicate policy information to its agents. The insurance carrier said that deployment of the new technology would ...
Tags: Tower Hill, Insurance
Mutual insurer Guardian Life Insurance Company of America has rolled out a new longevity solution, dubbed as life insurance coverage, for long term care (LTC) requirements. Customers buying a Guardian core whole life insurance product ...
Tags: Life Insurance
Policyholder-owned insurer Privilege Underwriters Reciprocal Exchange (PURE) will offer its customised, comprehensive property and casualty insurance with major coverage options to high-net-worth homeowners in Vermont. Compared to ...
Tags: Insurance, casualty insurance
UK insurance provider Aequitas Automotive has rolled out a new Tyre insurance product on Shortfall.co.uk, which will provide financial protection for owners in the event of an accidental or malicious damage to vehicle tyres. The new ...
Tags: insurance, Aequitas Automotive
Apollo Global Management (Apollo) has agreed to provide a set of heightened policyholder protections as part of Athene Holding's proposed acquisition of Aviva Life and Annuity Company of New York (Aviva New York). The New York's ...
Tags: Apollo, Policyholder Protections
Insurer Lincoln Financial Group (LNC) has unveiled next generation survivorship variable universal life insurance product, SVULone (2013), which provides a guaranteed lifetime death benefit, while enabling to pursue market-driven growth ...
Tags: Lincoln Financial, Life Policy
US personal lines insurer Allstate has rolled out its new life insurance policy, dubbed as whole life advantage, which guarantees death benefits, cash values and premiums, in case of sudden demise of the policyholder. Underlining the ...
Tags: Allstate, Whole Life Insurance
ProSight Specialty Insurance, a global insurance group in the construction industry, has launched builders reporting policy (BRP) program, aimed to provide additional cash flow for residential and commercial contractors with a low deposit ...
Monoline workers' compensation stock insurance company RetailFirst Insurance has introduced a new website to provide information and useful links for current insureds, prospective policyholders and agents. Featuring an easy site ...
Tags: Retailfirst Insurance, Insurance
US veterinary medical insurer, Pethealth has inked an asset purchase agreement to acquire certain assets of PurinaCare Insurance Services' pet insurance operations. The agreement was signed between Pethealth's subsidiary PTZ Insurance ...
Tags: pet insurance, insurance, medical insurer
AAA Northern California, Nevada and Utah (AAA NCNU) has teamed with Lighthouse Risk & Insurance Solutions (LRIS) to introduce commercial insurance for small- and medium-sized businesses. Three commercial insurance types include business ...
Tags: commercial insurance, insurance