Global multiline property and casualty insurer ACE has cautioned food and beverage (F&B) manufacturers to be ready for more product liability claims, as new EU food labelling regulation takes effect this year. The new regulation, which is ...
Tags: Food Labelling, food producers
ACE Group, a global multiline property and casualty insurer, has rolled out its new and improved risk management plan for companies in Continental Europe, to support the evolving casualty needs of middle-market businesses. Dubbed as ACE ...
Tags: ACE, Export Protection, Continental Europe
Liberty Mutual Insurance, an American global insurer, is set to acquire Mexican surety company Primero Fianzas from private investor group Grupo Valores Operativos Monterrey. Terms of the deal, which is subject to the receipt of ...
Tags: Liberty Mutual Insurance, insurer
Guidewire Software, Inc. (GWRE), a provider of Property/Casualty (P/C) insurance software products, announced that AIG Japan is in the process of implementing Guidewire PolicyCenter as its new underwriting and policy administration solution ...
Tags: Guidewire, Billing Systems
Global multiline property and casualty insurer ACE Group has reported net income of $916m, of $2.66 per share for the third quarter of 2013, up by 43.1% compared to $640m, or $1.86 per share, during the same period last fiscal. ACE ...
Tags: property insurer, casualty insurer
Global specialty property and casualty insurer and reinsurer, Catlin Group has chosen Guidewire InsuranceSuite as its new platform for rating, underwriting and policy administration, claims management, and billing. As part of a plan to ...
Tags: Catlin Group, Insurancesuite
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
US-based property and casualty insurer Capital Insurance Group (CIG) has introduced three new 2% total premium credits for commercial apartment and condominium lines. The credits include the stovetop fire-prevention, automatic water ...
Tags: Insurance, Capital Insurance Group
ACE has received a license from the Tunisian Ministry of Finance to set up its reinsurance operation in the country, which is part of its continued strategy to boost business across Middle East and North Africa (MENA) region. The global ...
Tags: Insurance License
Multi-line property and casualty insurer ACE Group is offering a new comprehensive foreign package, named ACE Educators International Advantage Edge, to address risk management and insurance needs of education industry clients who travel ...
Tags: Education Industry Clients, ACE
Liberty Mutual Holding Company (LMHC) has reported net income of $448m for the second quarter of 2013, with an increase of $309m, compared to the same period last fiscal. For the quarter period ended on 30 June 2013, its revenues stood at ...
Tags: Liberty Mutual
Global multiline property and casualty insurer ACE Group has named Geoff Russell as its new regional senior professional indemnity underwriter for UK and Ireland, to boost underwriting capabilities throughout its network of regional ...
Tags: multiline property, ACE
Global multiline property and casualty insurer the ACE Group has expanded critical catastrophe limits to $30m, throughout all its North American retail and wholesale broker-distributed commercial property lines of business. The company ...
New York City-based private equity company Southport Lane has acquired Imperial Management Corporation along with its subsidiary, Imperial Fire & Casualty, in an all-cash transaction. Headquartered in Louisiana, US, Imperial Fire & ...
Tags: insurance, Southport Lane
Boston-based property and casualty insurer Liberty International Underwriters (LIU) has introduced a new policy to cover marine liability and property related risks for small and mid-size marine businesses owners and operators. Dubbed LIU ...