Munich-based insurer Allianz has inked an agreement to acquire Turkish property and casualty underwriter Yap Kredi Sigorta including its life and pension subsidiary Yap Kredi Emeklilik, in a deal valued at TRY1.6bn (€684m). ...
Property and casualty underwriter ACE Group has started underwriting energy risks through Syndicate 2488 at Lloyd’s of London in an effort to expand its global portfolio. The initiative represents the company's commitment to boost ...
Tags: ACE Group, energy risks, Lloyd
Property and casualty underwriter ACE has registered net income of $765m or $2.22 per share, for the fourth quarter of 2012, up by 4% from $735m or $2.15 during the same quarter last year. Income excluding net realized gains or losses ...
Tags: Property underwriter, casualty underwriter, reinsurance
US commercial property and casualty insurance provider, CNA Financial has appointed Mark Herman as president and chief operating officer of CNA Specialty. Herman is taking over from Peter Wilson, whose retirement will be effective from 31 ...
Tags: CNA, US, operating officer, insurance
Rockhill Insurance Group, a US based property and casualty underwriter has implemented a suite of new insurance management solution Guidewire PolicyCenter and Guidewire BillingCenter, for its rating, underwriting, policy administration and ...
Tags: Rockhill Insurance Group, property and casualty underwriter
Property and casualty underwriter Fremont Insurance has named Christopher Clinton as vice president of commercial lines and product development. Clinton has 26 years of experience of handling agency management, sales and marketing at both ...
Tags: Fremont Insurance, Property insurance, casualty insurance
Fremont Insurance, a property and casualty underwriter, is offering a Hunting Hold Harmless Agreement to provide protection to land owners offering their properties for the upcoming deer hunting season. Available through the company's ...
Tags: Fremont Insurance, casualty underwriter, property insurance, insurance
US commercial property and casualty insurance provider CNA Financial has acquired Hardy Underwriting Bermuda for approximately $230m. After the integration, Hardy will continue to trade under its own brand and its existing leadership team ...
Tags: CNA Financial, Hardy Underwriting Bermuda, acquisition, insurance
US based property and casualty underwriter Tower Group has announced sale of its health insurance business for $102m to Australian private health insurer NIB Holdings. Subject to clearance from the Overseas Investment Office, the sale is ...
Tags: Tower Group, health insurance, insurance, insurance product
Property and casualty underwriter Economical Insurance has posted 71% increase in the second quarter of 2012 net income, which stood at $39.7m compared to $23.2m during the corresponding period earlier year. For the three months ended on ...
Tags: Economical Insurance, quarter 2, net income, insurance