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ACE Completes Acquisition of Rain and Hail Insurance Service, Inc.
ACE Limited announced that it has completed its acquisition of Rain and Hail Insurance Service, Inc. for approximately $1.1 billion in cash.
The purchase price reflects...
Australian floods : report
One of Queensland's biggest natural disasters is unfolding in the city of Rockhampton, with isolated outbreaks of looting as police force residents to abandon...
Quinn Insurance deal may end up in higher insurance bills
Consumers may end up paying higher insurance bills as the government prepares to use a compensation fund to plug any deficit that arises as...
Union Insurance to launch Sharia-compliant products
The Union Insurance Company expects revenue to increase by 32 per cent this year through the introduction of Sharia-compliant products.
The company, based in Ajman...
Life insurance : India has huge potential in untapped market
With a massive population base and huge untapped and under-penetrated market, the insurance industry is home to tremendous opportunity in India as well as...
U.S. : New Year 2011 Brings Benefits Of Obama Affordable Care Act
The year 2011 is upon us and with the new year now here, health care is set to change thanks to President Obama and...
British drivers asked to become organ donors
Anyone applying for a driving licence in Britain will be asked if they want to join an organ donation scheme under new proposals to...
Rates decline at January 1 reinsurance renewals reflecting low catastrophe losses and record capacity
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation, today releases its 2011 Reinsurance Market Outlook report, which reviews the trends...
Ecclesiastical names five worst hit spots for lead theft from churches in the UK
According to new data from specialist church insurer Ecclesiastical, more churches in Manchester diocese have had lead stripped from their roofs by criminals this...
Interesting car insurance TV advert
A Romanian insurance company launched a daring new TV ad to promote its new car insurance product.
Asirom (Asigurare Romaneasca) made it sexy, for a...
Acquisition : AXA Central & Eastern Europe acquires B&B Insurance in Belarus
AXA Central & Eastern Europe announced today the acquisition of 80% of Belarusian 2nd largest insurer (and 1st private insurer) B&B Insurance. With this...
Apollo, CVC Unit extended their offer to buy Brit Insurance Holdings
Apollo Global Management and CVC Capital Partners Ltd. extended their offer to buy Brit Insurance Holdings NV to Jan. 10 after receiving acceptances from...
Award : Aon’s Baltimore Office Honored for Community Service
Aon Risk Solutions, the global risk management business of Aon Corporation, today announced that its Baltimore office received a 2010 Mayor's Business Recognition Award...
AIG received a $4.3 billion credit facility
The struggling insurance giant American International Group said on Monday that it had signed credit lines worth $4.3 billion with 36 lenders — in...
Japan’s Dai-ichi Life to buy out Australian insurer
Japan's Dai-ichi Life Insurance said it will fully take over the mid-size Tower Australia Group by May as it seeks to shore up its...
AMII launches new website
In light of increased cuts and pressure on NHS resources, consumers and employers wanting clear and unbiased information on private medical insurance (PMI) and...
China Life to invest $57 mln in China bank’s insurance arm
Taiwan's China Life Insurance said on Monday it would invest 379 million Chinese yuan ($57 million) in an insurance arm of China Construction Bank.
China...
Allianz launches Your Cover Insurance on Moneysupermarket.com
Your Cover insurance, which is already available from yourcoverinsurance.co.uk, has been developed following research with over 4,000 consumers. The product provides customers with the...
Break down on Standard Life Bank of China talks
Talks have broken down over a joint venture between Standard Life and Bank of China.
The Edinburgh-based finance house had hoped the Chinese financial giant...
Short news : £25m to insure Santa this Christmas
Santa is dusting off the old sleigh, making sure the reindeer are in tip-top shape and asking his elves to put in overtime to...
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