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16-30 of 2694 results
Progressive to sell Australian insurance business to Hollard
By IBR Staff Writer
American auto insurer Progressive Direct Insurance has agreed to divest its Australian insurance operations to global insurer Hollard Insurance Company for an undisclosed price.
General Insurance > Personal Lines > News
Berkshire Hathaway Specialty Insurance launches new policy in Canada
Berkshire Hathaway Specialty Insurance (BHSI) introduced its Professional First Professional Liability and Network Security & Privacy Policy and has appointed Geoffrey Kendrick as head of professional lines in Canada.
General Insurance > Personal Lines > News
Suncorp increases stake in New Zealand general insurer Tower
By IBR Staff Writer
Australian financial services firm Suncorp has increased its stake in New Zealand general insurer Tower.
General Insurance > Personal Lines > News
Direct Line posts 30% decline in 2016 profit
By IBR Staff Writer
Direct Line Insurance has reported a 30% decline in its full year 2016 profits after taking a charge of over £217m due to the changes brought by the UK government in the calculation of personal injury claims.
General Insurance > Personal Lines > News
Pennsylvania liquidates two long-term care insurers
A Pennsylvania state Court has approved the liquidation of Penn Treaty Network America Insurance Company and American Network Insurance Company, with policyholder claims to be compensated from the state guaranty association system, subject to statutory limits and conditions.
General Insurance > Personal Lines > News
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
16-30 of 2694 results