Switzerland-based specialty insurance and reinsurance company Allied World Company Holdings (AWH) has launched a new professional indemnity product developed especially for the Asia-Pacific marketplace. Launched by Allied World's ...
Tags: specialty insurance
French diversified financial service conglomerate SCOR Group has acquired the US life reinsurance business of Italy-based insurer Generali Group, for total gross proceeds of $910m in a combination of cash and collateral. The acquisition, ...
Tags: SCOR Group, Life Reinsurance
Allied World US has introduced a new admitted lawyers' professional liability product, to help law firms to emerge from challenges faced in the current environment. Dubbed as Allied World LPL Assure, the new product addresses challenges ...
Tags: Service
Italy-based underwriter Generali Group has entered into an agreement to dispose of its US life reinsurance business to SCOR, in a deal valued at nearly $920m in a grouping of cash and collateral. Under the terms of the transaction, nearly ...
Tags: Generali, Life Reinsurance
Allied World Assurance Company Holdings (AWH) has registered net income of $159m, or $4.49 per diluted share, for the first quarter of 2013, against $218.2m, or $5.70 per diluted share, during the year ago period. For the quarter period ...
Tags: Allied World Assurance, Service
PartnerRe, a provider of diversified reinsurance services, has established a new reinsurance sidecar facility, called Lorenz Re, to offer additional capacity to a number of its customers. Capitalized with $75m through the issuance of ...
The Commission is today able to report about some success in its strategy to fight global trade barriers. The efforts of the European Commission to fight protectionism over the last year bear fruit and could create better trade and ...
Tags: EU Reports, economy
US investment banking and securities firm Goldman Sachs Group has disposed of its 75% stake in the Bermuda-based insurance and reinsurance company Ariel Re, for an undisclosed sum. Sources familiar with the matter were quoted by the ...
Tags: investment banking, stake, insurance
CUNA Mutual Group and the Arizona Department of Insurance (DOI), receiver for PMI Mortgage Insurance Co (PMI), have inked an agreement to support the future development of CMG Mortgage Insurance Company (CMG MI). Based on terms of the ...
Tags: CUNA Mutual Group, DOI, PMI, CMG MI
Allied World Financial Services,a subsidiary of Allied World Assurance Company,has agreed to acquire a minority ownership interest in a privately held asset management firm Crescent Capital Group. Further terms of the transaction have not ...
Tags: Allied World Financial Services, minority stake in Crescent Capital
PartnerRe, a provider of diversified reinsurance services, has completed acquisition of California-based Presidio Reinsurance Group. Presidio Reinsurance Group is a specialty accident and health reinsurance and insurance writer, ...
Tags: PartnerRe, reinsurance services, acquisition, Presidio
PartnerRe, a provider of diversified reinsurance services, has entered into a definitive agreement to acquire Presidio Reinsurance Group. Presidio Reinsurance Group is a specialty accident and health reinsurance and insurance writer, ...
Tags: PartnerRe, diversified reinsurance services, Presidio Reinsurance Group
London based Specialty Lines broker R K Harrison Insurance Brokers and Chile's Conosur Corredores de Seguros Y Reaseguros (Conosur) have inked an agreement to collaborate on all new insurance and reinsurance business that emerge from Chile. ...
Tags: R K Harrison Insurance, Conosur, international insurance markets
ACE Group, a provider of insurance and reinsurance services has made new appointments to its Continental Europe team in a bid to boost investment in its information technology insurance segment. ACE Continental and Central and Eastern ...
Tags: ACE Group, insurance and reinsurance services, insurance services
Global risk and reinsurance intermediary Guy Carpenter & Company and CloudInsure have teamed up to address and bring emerging insurance services that is in line within the Cloud technologies. Under the agreement, the cloud insurance ...
Tags: risk, reinsurance, Guy Carpenter Company, insurance service