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1-15 of 2674 results
Aviva expects to take EUR385m charge after discount rate cut
By IBR Staff Writer
British insurance giant Aviva expects to take a charge of €385m on its 2016 post-tax profit due to the UK government’s move to reduce the Ogden discount rate.
General Insurance > Personal Lines > News
Aetna, Humana terminate $37bn merger deal
By IBR Staff Writer
American health insurers Humana and Aetna have mutually terminated their merger agreement after a US federal judge blocked the proposed $37bn deal last month on antitrust grounds.
General Insurance > Personal Lines > News
Cigna terminates $54bn merger deal with Anthem
By IBR Staff Writer
Cigna is scrapping its plan to merge with rival Anthem, and is suing insurer for $13bn in damages because the agreement did not secure approval.
General Insurance > Personal Lines > News
US federal judge blocks $54bn Anthem-Cigna health insurance merger
By IBR Staff Writer
A US federal judge blocked health insurer Anthem from acquiring its rival Cigna, saying that the merger would result in higher costs and less competition.
General Insurance > Personal Lines > News
O2 becomes first mobile company in UK to offer car insurance
Mobile company O2 has launched its O2 Drive proposition, along with additional telematics proposition O2 Drive – Box on Board, which helps responsible young drivers get on the road.
General Insurance > Personal Lines > News
NFP buys Hayward Tilton & Rolapp Insurance Associates
Insurance broker and consultant NFP has acquired Hayward Tilton & Rolapp Insurance Associates (HT&R).
General Insurance > Personal Lines > News
UK FCA publishes general insurance value measures scorecard
The UK's Financial Conduct Authority (FCA) has released the first set of data in their general insurance value measures pilot for the year ending 31 August 2016.
General Insurance > Personal Lines > News
Chinese non-life insurance gross written premium increases in 2010-14 period
The gross written premium of the Chinese non-life insurance segment increased to CNY720.3bn ($117.3bn) in 2014 from CNY389.6bn ($57.5bn) in 2010, at a compound annual growth rate (CAGR) of 16.6%.
General Insurance > Personal Lines > News
US judge blocks $37bn merger between health insurers Aetna and Humana
By IBR Staff Writer
A US federal judge has blocked Aetna's proposed acquisition of Humana, on antitrust grounds.
General Insurance > Personal Lines > News
Standard Chartered Bank, Allianz form general insurance partnership in Asia
Standard Chartered Bank has entered into a 15-year bancassurance agreement with Allianz for the distribution of the latter’s general insurance products, such as travel, personal accident, fire and motor insurance products, to the former’s Retail Banking clients in five key markets in Asia.
General Insurance > Personal Lines > News
Ageas confirms job cuts at Kwik Fit Insurance Services
By IBR Staff Writer
Ageas has confirmed that it will cut more than 500 jobs at its Kwik Fit Insurance Services subsidiary after failing to find a new operator.
General Insurance > Personal Lines > News
NFP expands property & casualty presence in Northeast with new acquisition
Insurance broker and consultant NFP has acquired Serra & DelVecchio for an undisclosed sum.
General Insurance > Personal Lines > News
Property & casualty insurer Premia raises $510m in initial capital
Premia, a newly-formed property & casualty (P&C) insurance and reinsurance group focused on providing runoff solutions, has completed a $510m initial capital raise.
General Insurance > Personal Lines > News
Allstate seeks 1,105 new sales professionals to expand in Mid-Atlantic states
Allstate Insurance is strengthening its sales force in Delaware, District of Columbia, Maryland, Virginia and West Virginia to meet increasing market demand for products and services in Mid-Atlantic states.
General Insurance > Personal Lines > News
AIG completes $3.4bn sale of mortgage unit to Arch Capital
By IBR Staff Writer
American International Group (AIG) has completed the $3.4bn sale of its mortgage guaranty unit to Arch Capital Group.
General Insurance > Personal Lines > News
1-15 of 2674 results