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American Physicians Leads Wednesday's AMBG as Global Insurance Index Rises 3.39%
The AMBG closed Wednesday, Sept. 1, at 784.90 (+3.39%). All 15 A.M. Best stock indexes rose. Leading A.M. Best's Global Insurance Composite Index (AMBG) were American Physicians (+23.42%) and InsWeb (+8.16%). Trailing the list of global ins... -
CNinsure Appoints Zhao to Head Insurance Brokerage Unit
CNinsure, the Nasdaq-listed independent Chinese insurance intermediary, has appointed Bo Zhao as head of its insurance brokerage business unit to help the company further expand its offerings from retail to commercial property and casualty... -
Meiri Insurance Agency Completes Financing from WI Harper
Beijing Meiri Insurance Agency Co., Ltd., an emerging insurance agency, recently completed first round of financing from WI Harper. The investment amount is not acknowledgeable at present. Beijing Meiri was established in August 2009 by Li... -
GERMAN INSURER ERGO EYES STRONGER PRESENCE IN S.KOREA
ERGO Insurance Group of Germany will seek to boost its presence in South Korea as a general insurance company by selling a variety of non-life insurance products, its chief said Tuesday. From now on, diverse products of ERGO Group shall be... -
Conventus Inter-Insurance Exchange Announces Promotion of Lyn Winters to President and Chief Underwri
Richard Augustyn, CEO of NIP Management Corp., Attorney-in-Fact for Conventus Inter-Insurance Exchange, announced today the promotion of Lyn W. Winters, to President and Chief Underwriting Officer, effective immediately. In addition to stro... -
ASIA INSURANCE News Today 8/31.
GERMAN INSURER ERGO EYES STRONGER PRESENCE IN S.KOREA SEOUL - ERGO Insurance Group of Germany will seek to boost its presence in South Korea as a general insurance company by selling a variety of non-life insurance products, its chief said... -
Insurance stocks stay dull at KSE during week
Some dull activities were witnessed in the insurance stocks last week at KSE with about 2.9 million shares traded together in life and non-life insurance stocks. Pak Reinsurance was the volume leader with 1.84 million shares followed by Ada... -
Cochran Praises Post-Katrina Progress, Looks to Continue Recovery Process
WASHINGTON, D.C. - U.S. Senator Thad Cochran (R-Miss.) today issued the following statement in recognition of the fifth anniversary since Hurricane Katrina slammed into the Gulf Coast, devastating regions of Mississippi, Louisiana and Alaba... -
Safety commission for dams, barrages proposed
Water and Power Development Authority (Wapda) has made a proposal to the federal government of setting up a federal commission for monitoring and safety of dams, barrages and allied structures. Wapda chairman Shakil Durrani stated this duri... -
After Yesterday's Rally of 1.84%, Arch Capital Shares Could Pullback (ACGL)
Arch Capital (NASDAQ:ACGL) traded in a range yesterday that spanned from a low of $77.44 to a high of $79.36. Yesterday, the shares gained 1.84%, which took the trading range above the 3-day high of $78.69 on volume of 259,000 shares. Share... -
Sun Life Financial Falls 0.18% on Heavy Volume: Watch For Rebound (SLF)
Sun Life Financial (NYSE:SLF) traded in a range yesterday that spanned from a low of $22.14 to a high of $22.78. Yesterday, the shares fell 0.18%, which took the trading range below the 3-day low of $22.68 on volume of 752,000 shares. Share... -
Look for Shares of Validus Holdings to Pullback after Yesterday's 2.77% Rise (VR)
CSA Travel Protection (CSA), dedicated to providing affordable travel insurance and emergency assistance services, reminds travelers of how travel insurance can protect them from many of the unexpected mishaps that occur when a hurricane hi... -
Roundup: Seoul shares close down on recovery woes
South Korean shares continued to slide on Thursday amid growing skepticism about a global recovery, local analysts said. The benchmark Korea Composite Stock Price Index (KOSPI) lost 5. 03 points, or 0.29 percent, to close at 1,729.76, accor... -
Pacific AMC to Add Ante on Infrastructure Bonds
Pacific Asset Management Co., Ltd., a subsidiary of China Pacific Insurance (Group) Co., Ltd. will continue boosting infrastructure bond investment programs this year. Pacific AMC at the end of 2009 started to favor funds with relatively hu... -
Taiping Insurance to Sell Ming An on HKD42.27mn Loss in H1
Taiping Insurance Company Ltd. issued an interim report recently, showing net profit hit HKD 603 million, growing 9.6% over the same period of a year earlier. However, its controlling subsidiary The Ming An Insurance Co., (China) Ltd. witne... -
Detailed Rules Expected for PE Investment of Insurers
China's insurance industry regulator is expected to release detailed rules for domestic insurance institutions to make investments in equities of non-listed companies. According to China Insurance Regulatory Commission (CIRC), China's insur... -
China United Property Insurance H1 Saw Premium Growth Fall
China United Property Insurance Company Limited, which once incurred huge amounts of losses, made profits in the first half of the year but premium growth rate dropped each month in the period. The Urumqi-headquartered insurance firm brough... -
CHINA REGULATOR ISSUES NEW RULES FOR INSURANCE CO.S INTERNAL OPS
The China Insurance Regulatory Commission (CIRC) on Tuesday issued basic guidelines for the internal control of insurance companies, which introduces comprehensive monitoring of insurance capital operations. The CIRC is urging insurance com... -
National Financial Partners is Among the Companies in the Insurance Brokers Industry With the Highest
Below are the top five companies in the Insurance Brokers industry as measured by their Debt To Asset ratio. The Debt/Asset ratio shows the proportion of a company's assets that are financed through debt. If the ratio is greater than one, m... -
CATASTROPHIC ATHLETIC INJURY INSURANCE-HASKELI INDIAN NATIONS UNIVERSITY
NOTICE TYPE: Special Notice DATE POSTED: 16-AUG-10 AGENCY: Department of the Interior OFFICE ADDRESS: Department of the Interior; Bureau of Indian Affairs; BIA - DAPM; BIA - OIEP - Haskell Indian Nations University Contracting Office 155 In...
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A.M. Best Revises Outlook to Ne
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has revised the outlook to negative from stable and affirmed... -
Bank of America began to reduce
Bank of America Corp., one of the largest mortgage lenders in Florida, said Wednesday it will give some... -
AIG May Not Attract Buyers to S
American International Group Inc. offers some living-benefit guarantees to policyholders on stock-market... -
HSBC Insurance Appoints New Man
HSBC Insurance has appointed Bruce Howe, currently deputy regional head of insurance for HSBC Insurance... -
India? S Regulator Requires ins
Rebecca Ng MUMBAI, India, March 24, 2009 (AM Best via COMTEX) -- The Life Insurance Council of India said... -
A.M. Best Downgrades Ratings of
Copyright 2009 Business Wire, Inc. Business Wire April 23, 2009 Thursday 4:09 PM GMT DISTRIBUTION: Business... -
21st Century's Turbulent Year
In what analysts are calling another blow to the local economy and to a company with a notable history... -
About NAIC Insurers pursuit of
Copyright: A.M. Best Company, Inc. Source: BestWire Services Wordcount: Some insurers increasingly are... -
CNA Appoints John Hennessy Chie
CHICAGO--(BUSINESS WIRE)-- CNA Financial Corporation (NYSE: CNA) announced today that John Hennessy has... -
Insurer Pacific Life Sees AIG H
Newport Beachs Pacific Life Insurance Co. has been on a wild ride with its investments in the past year...
Featured
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A.M. Best Places Ratings of For
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has placed the financial strength rating of A- (Excellent)... -
A.M. Best Downgrades Ratings of
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has downgraded the financial strength rating to B- (Fair)... -
H Best Ratings decline AVIVA pl
Copyright: h Best Company, Inc. Source: BestWire Wordcount: 985 H Best Co. has downgraded the issuer credit... -
A.M. Best Downgrades Issuer Cre
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has affirmed the financial strength rating (FSR) of A+... -
Strasburger & Price and Cas
DALLAS--(BUSINESS WIRE)-- Strasburger Price, LLP and Castillo Snyder, PC filed a class action law suit... -
Insurance Industry Layoffs Elev
Apr 23, 2009 (Datamonitor via COMTEX) --Insurers across the globe are downsizing in order to remain viable... -
Will CPAs Become Madoff''s Next
Copyright 2009 ProQuest Information and LearningAll Rights ReservedCopyright 2009 New York State Society... -
A.M. Best Downgrades Ratings of
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has downgraded the financial strength rating to C (Weak)... -
Travelers Names Anne MacDonald
NEW YORK--(BUSINESS WIRE)-- The Travelers Companies, Inc. (NYSE: TRV) announced today that Anne MacDonald... -
Ward’s 50 Top Performing Insu
CINCINNATI--(BUSINESS WIRE)-- The list of 2009 Ward's 50 top performing insurance companies will be revealed... -
A.M. Best’s 2009 Best’s Key
OLDWICK, N.J.--(BUSINESS WIRE)-- Subscribers to the Property/Casualty and Life/Health editions of Best's... -
The Hartford Names Juan Andrade
HARTFORD, Conn.--(BUSINESS WIRE)-- The Hartford Financial Services Group, Inc. (NYSE: HIG) announced today...
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