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underwriting business
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AMI Implemented Exigen's Policy,Claims Technologies to Boost Its Operational Efficiency
Dec 4, 2013AMI Insurance, a subsidiary of global underwriter IAG, has implemented Exigen's policy administration, billing and claims technologies for motor vehicle lines of business, with an aim to boost its operational efficiency. The ...
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Giles Group Is Getted by Arthur J Gallagher in London
Nov 25, 2013Arthur J Gallagher, an Illinois-based insurance brokerage and risk management services firm, has acquired the Giles Group of Companies (Giles) of London, for an undisclosed sum. Giles operates as an independent retail broker with ...
Tags: Giles Group, Service
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AXIS Sets up a New Syndicate to Expand Its Global Underwriting Platform
Sep 27, 2013Bermuda-based AXIS Capital has set up a new syndicate to expand its global underwriting platform, and provide access to Lloyd’s worldwide licenses and distribution network. Named AXIS Syndicate 1686, will be managed by Asta Managing ...
Tags: Insurance, Underwriting Syndicate
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Arthur J Gallagher& Co Acquired Belmont International, a Risk Management Advisor
Sep 19, 2013Arthur J Gallagher& Co, a US-based insurance brokerage and risk management services company, has acquired Belmont International, a risk management advisor and insurance broker based in Kent, England, for an undisclosed sum. Founded in ...
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Lancashire Holdings Plans to Acquire Cathedral Capital Limited, Owned Lloyd's Insurer
Sep 10, 2013Lancashire Holdings’ proposed plan to acquire Cathedral Capital Limited, a privately owned Lloyd's insurer, in an all-cash deal worth £266m, has been approved by its shareholders. The transaction, originally signed on 7 ...
Tags: Lancashire Holdings, insurer
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Arthur J Gallagher Signed a Deal to Purchase The Giles Group of Companies of London
Sep 6, 2013Arthur J Gallagher, an Illinois-based insurance brokerage and risk management services firm, has signed a deal to purchase the Giles Group of Companies (Giles) of London for an undisclosed amount. Giles is an independent retail broker ...
Tags: Arthur J Gallagher, Giles Group
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Enstar Signed Agreements with Arden Holdings to Acquire Atrium Underwriting Grop
Jun 7, 2013Bermuda-based Enstar Group (ESGR) has signed definitive agreements with Arden Holdings to acquire Atrium Underwriting Group and Arden Reinsurance Company for approximately $183m and $79.6m respectively. Enstar CEO Dominic Silvester said, ...
Tags: Enstar, Arden Reinsurance
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Itochu Entered Into an Agreement with Asahi Mutual Life Insurance
Mar 28, 2013Tokyo-based diversified conglomerate Itochu Corporation has entered into an agreement with Asahi Mutual Life Insurance to jointly set up a marketing company that will engage in market development, development of sales channels, and sales ...
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WR Berkley Has Established a New Underwriting Business
Mar 14, 2013US insurance holding company WR Berkley has established a new underwriting business, Berkley Fire & Marine Underwriters, to concentrate on inland marine and related property risks regionally and nationwide. The products and services of ...
Tags: WR Berkley, insurance, Fire and Marine Underwriters Unit
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FSC Has Decided to Push Share Listing by Mainland Chinese Enterprises
Dec 25, 2012Taipei, Dec. 21, 2012 (CENS)--The Financial Supervisory Commission (FSC) has decided to push share listing by mainland Chinese enterprises on Taiwan’s stock market, said Chen Yuh-chang, chairperson of the FSC, yesterday (Dec. 20). ...
Tags: FSC, T Shares, Taiwan Stock Market, Manufacturing Processing Machinery
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ING Is Planning to Reduce Approximately 2,400 Positions in Insurance
Dec 17, 2012Dutch insurance conglomerate ING is planning to reduce approximately 2,400 positions in insurance and banking arms over the next two years, in a bid to save €460m annually. The firm will eliminate 1,350 jobs in its insurance arm, ...
Tags: Dutch insurance, ING, insurance arm
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ING Has Inked an Agreement with PCG to Dispose of Its Underwriting Business Units
Dec 17, 2012Dutch insurer ING has inked an agreement with Pacific Century Group (PCG) to dispose of its underwriting business units in Hong Kong, Macau and Thailand for a combined consideration of $2.14bn (€1.64bn) in cash. Its insurance ...
Tags: ING, PCG, underwriting business
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Cinven Is Planning to Launch Its Partnership Annuity Business
Dec 6, 2012London based private equity firm Cinven is planning to launch its Partnership annuity business, although the firm has not revealed the name of the new underwriting entity. Sources close to the matter told Financial Times that the private ...
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Kerry Logistics Has Ventured Into Insurance Business Through The Acquisition of TIB
Dec 6, 2012Chinese Kerry Logistics has ventured into insurance business through the acquisition of Taishan Insurance Brokers (TIB), which provides a comprehensive suite of insurance brokerage and consultancy services in Asia. Chinese Kerry Logistics ...
Tags: Kerry, Taishan Insurance, Chinese underwriting business
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Berkshire Hathaway Has Agreed to Acquire Spain Based Caixabank's Life Insurance Operation
Dec 6, 2012US based diversified conglomerate Berkshire Hathaway has agreed to acquire Spain based Caixabank's life insurance operation, VidaCaixa, in a deal valued at EUR600m. The seller will get EUR524m pretax gain following the completion of ...
Tags: Berkshire Hathaway, acquire, life insurance, Spain, insurance operations
