Insurer
Aon completes merger with Hewitt Associates
Aon Corporation today announced that it has completed its merger of Hewitt Associates, Inc. with a subsidiary of Aon, creating Aon Hewitt, the world's...
Appointment : Stephanie Smith is new operations director for Allianz
Stephanie Smith moves from her position as the Company’s senior Retail IT manager to take the role. She will manage all aspects of Retail...
Aon Benfield : global Risk & Capital Strategy team launched
Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, today launches its Risk & Capital Strategy team to advise clients on capital and...
Prudential and MetLife set to buy AIG units in Japan
Prudential Financial Inc. and MetLife Inc., insurers that have competed for U.S. sales for more than a century, are extending their rivalry in Japan...
AIG : U.S. Treasury Department working on AIG exit strategy
Treasury Department officials finalise their plan to render AIG financially independent after the massive taxpayer investment. The core piece of that strategy would be...
AIG sees Asian unit making at least 2 billion dollar profit
US insurer AIG said its Asian unit AIA would likely book an annual operating profit of at least two billion US dollars as the...
Report : AIA sets date for 15 billion US dollar Hong Kong IPO
AIA, the Asian unit of troubled US insurer AIG, will launch a 15 billion US dollar share sale on October 29 in what could...
Quinn : UK commercial insurance ban stands
The Irish regulator and the Central Bank have confirmed an earlier decision that prevents Quinn Insurance writing commercial insurance in the UK.
A statement...
Appointment : Rickard Gustafson former head of insurer Codan/Trygg-Hansa as new chief of Scandinavian Airlines
Scandinavian airline SAS said Thursday it had appointed the current head of insurer Codan/Trygg-Hansa, Swedish Rickard Gustafson, as its new chief executive.
The airline's current...
Sale : Hiscox sells US animal mortality business
Hiscox Ltd, the international specialist insurer, announced today that it has agreed to sell its US animal mortality business to Markel Service, Incorporated.
The business...
Ecclesiastical : will cease underwriting London market
The specialist said it will cease underwriting London market business and begin the run-off of the existing portfolio of its subsidiary Ecclesiastical Underwriting Management.
The...
HSCB / Nedbank : South Africa regulators fear foreign control
HSBC is in exclusive talks to buy a controlling stake in Nedbank, South Africa's fourth-largest bank, from insurer Old Mutual. Yet rigid controls on...
Merger : Industrial Alliance buys Golden State Mutual
Canada's fourth-biggest insurer Industrial Alliance Insurance and Financial Services Inc. said Friday it has acquired the life insurance policies of California-based Golden State Mutual...
Wedding insurance specialist Ecclesiastical responds to news about wedding supplier Confetti going into administration
Following news that wedding supplier Confetti has gone into administration, Ecclesiastical, one of the UK’s leading providers of wedding insurance, has advised prospective brides...
Insurance market : Legal & General insurer shares rise on bid talk-traders
Shares in insurer Legal & General rose 3 percent on Wednesday, hitting a near two-year high and outperforming UK peers, with traders citing market...
Aon Benfield ILS Indices represent key industry benchmarking tool
Aon Benfield Securities, the securities and investment banking operation of Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, today announces the launch...
Dutch insurer Aegon to repay state aid
Dutch insurer Aegon said Tuesday it planned to repay the last two-thirds of a three-billion-euro cash injection it received from the state in October...
Aon: Pension pots continue to shrink
Pension pots have shrunk further in the past four weeks, with a 30 year old’s and 60 year old’s annual pension income decreasing by...
New Ecclesiastical study shows money spent on training pays dividends
The potential for high quality sales training to improve development underwriters’ ability to generate new business was proven today by a new study published...
British insurer Aviva rejects 5.0 billion-pound takeover
British insurer Aviva said Monday it had rejected a takeover bid for part of its business from rival RSA worth 5.0 billion pounds (6.0...
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