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ACE secures regulatory approval to establish office in Myanmar
Myanmar's Directorate of Investment and Company Administration (DICA) has granted a regulatory approval to The ACE Group for establishment of a representative office in the country.
General Insurance > Commercial Lines > News
General Insurance > Commercial Lines > News
XL Group launches new Motor Cargo Truck coverage solution
XL Group has launched Motor Truck Cargo coverage solutions, a customizable coverage designed for mid-to-large size trucking operations in North America.
General Insurance > Commercial Lines > News
General Insurance > Commercial Lines > News
NARS signs strategic partnership agreement with Weston Insurance
North American Risk Services (NARS) has signed a strategic partnership Weston Insurance Company, a Florida-based domestic property insurance company specializing in wind-only coverage for commercial and personal residential/non-residential properties.
General Insurance > Commercial Lines > News
General Insurance > Commercial Lines > News
IBC names new vice-president for Atlantic Canada
Insurance Bureau of Canada (IBC) has promoted Amanda Dean as regional vice president for Atlantic Canada, to oversee its government relations activities and community and stakeholder outreach initiatives across the region.
General Insurance > Commercial Lines > News
General Insurance > Commercial Lines > News
Liberty International introduces new policy for marine businesses
Boston-based property and casualty insurer Liberty International Underwriters (LIU) has introduced a new policy to cover marine liability and property related risks for small and mid-size marine businesses owners and operators.
General Insurance > Commercial Lines > News
General Insurance > Commercial Lines > News
AmTrust Financial buys Mutual Insurers Holding Company
Multinational insurance holding company AmTrust Financial Services has purchased Mutual Insurers Holding Company (MIHC) and its subsidiary, First Nonprofit Insurance Company (FNIC).
General Insurance > Commercial Lines > News
General Insurance > Commercial Lines > News
Fairfax to purchase Hartville Group
Fairfax Financial Holdings has signed a merger agreement to enable Hartville Group of Canton, Ohio, to become a wholly-owned firm of Crum & Forster's US Fire Insurance, subject to customary conditions including regulatory approval.
General Insurance > Commercial Lines > News
General Insurance > Commercial Lines > News
XL Group unveils ShipShape Plus coverage for luxury yacht owners
XL Group Recreational Marine team has launched ShipShape Plus, which is a part of the firm’s suite of recreational marine coverages designed to the meet the needs of luxury yacht owners.
General Insurance > Commercial Lines > News
General Insurance > Commercial Lines > News
Northdoor partners with Ropner to launch new broking system
Northdoor has signed a partnership agreement with Ropner Insurance Services, an independent Lloyd’s of London insurance broker, to introduce a new broking solution for the insurance market.
General Insurance > Commercial Lines > News
General Insurance > Commercial Lines > News
MphasiS introduces new billing solution for insurance industry
MphasiS has introduced a cloud-based, hosted billing solution to help insurance carriers to efficiently manage their complex billing requirements.
General Insurance > Commercial Lines > News
General Insurance > Commercial Lines > News
AIG Q1 2013 net income declines by $1bn
American International Group (AIG) has reported net income attributable to the company of $2.2bn and after-tax operating income of $2bn for the first quarter of 2013, compared to $3.2bn and $3bn, respectively during the same period last year.
General Insurance > Commercial Lines > News
General Insurance > Commercial Lines > News
Markel completes acquisition of Alterra acquisition
Markel Corporation, a US based financial holding company, has completed purchasing Bermuda-based Alterra Capital in a deal valued at nearly $3.13bn in a cash and stock deal.
General Insurance > Commercial Lines > News
General Insurance > Commercial Lines > News
ACE purchases Mexican personal lines insurer ABA Seguros
Global property and casualty insurer ACE has completed the acquisition of Mexican personal lines insurer ABA Seguros from Ally Financial for nearly $690m in cash, after offering a $175m pre-closing dividend to the seller.
General Insurance > Commercial Lines > News
General Insurance > Commercial Lines > News
Keystone set to add Illinois to its franchise operation in 2013
US property and casualty insurance broker, Keystone Insurers Group is planning to start adding partner agencies in Illinois to its franchise operations during the fourth quarter of 2013.
General Insurance > Commercial Lines > News
General Insurance > Commercial Lines > News
Genworth Financial Q1 2013 net income increased to $103m
Genworth Financial has reported net income of $103m, or $0.21 per diluted share, compared to $46m, or $0.09 per diluted share, during the first quarter last year.
General Insurance > Commercial Lines > News
General Insurance > Commercial Lines > News
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