August 17, 2005
Australia’s QBE Insurance Group announced a record profit after tax of A$491 million (US$375 million) for the half year to 30 June 2005, an increase of 43 percent on the profit after tax of A$343 million (US$262 million) for the …
August 17, 2005
As the deadly series of plane crashes continued – 4 since Aug. 2 – rescue workers continued to comb the wreckage of the West Caribbean MD-82 that went down yesterday in Venezuela, near the Colombian border. All 152 passengers and …
August 17, 2005
The Netherlands-based Eureko Group joined the parade of insurance companies that have enjoyed a good first half. The company announced a 39 percent increase in net income during the period to 338 million euros ($415 million) compared to 243 million …
August 16, 2005
With the outlooks on Aon Corp. and Willis Group Holdings Ltd. — two of the world’s largest insurance brokers — having recently been revised to stable from negative, the industry is beginning to recover from the cloud it has been …
August 16, 2005
Trusted Choice, the consumer marketing brand for the Independent Insurance Agents & Brokers of America, will again air television ads for a two week run next month, touting the benefits of using the association’s participating agencies and their branch locations. …
August 16, 2005
Professional Insurance Agents of New Hampshire Inc. elected its officers for 2005-2006 at its August 16 annual meeting. Thomas O’Dowd of Wolfeboro will serve as president. O’Dowd is president of the J. Clifton Avery Agency in Wolfeboro. O’Dowd served as …
August 16, 2005
James M. Benson, president and chief executive officer of John Hancock Life Insurance Company in Boston, has elected to retire, Manulife President and Chief Executive Officer Dominic D’Alessandro announced. D’Alessandro also announced that John D. DesPrez III, 48, president and …
August 16, 2005
Insuring the Children has set the date of Oct. 17, 2005 for the Annual Golf Tournament. This year it will be held at the prestigious Santa Ana Country Club. For those golfers who haven’t played this course, this is a …
August 16, 2005
Mike Mayo, president of Superior Access Insurance Services Inc., announced the new hire of Aaron D. Margolis as marketing representative at the Irvine headquarters. Margolis began his insurance career in 2000 at Geico Direct in the sales/service department. He also …
August 16, 2005
A.M. Best Co. has upgraded the financial strength ratings (FSR) to A+ (Superior) from A (Excellent) and assigned issuer credit ratings (ICR) of “aa-” to ACE Westchester Specialty Group (ACE Westchester) (lead company domiciled in New York) and ACE American …