Zurich Financial Services Group announced that its subsidiary Zurich Insurance Company Ltd has completed the acquisition of 80 percent of PT Mayapada Life from the Mayapada Group, which will continue to hold 20 percent of the company. “Through this transaction, …
A delegation from China, headed by Xiao Jie, Commissioner of the State Administration of Taxation, People’s Republic of China, has concluded a Tax Information Exchange Agreement (TIEA) with Guernsey. The TIEA between the two jurisdictions was signed on Wednesday 27 …
A New Jersey man has been sentenced to three years in prison for lying to police and insurance company and falsely claiming his car was stolen, according to state prosecutors. James Sgambati, of Parsippany, was also ordered to pay restitution …
Endurance Risk Solutions, unit of Bermuda-based Endurance Specialty Holdings, has promoted Gina Anderson to Senior Vice President, Excess Casualty, Diversified Industrial Practice Leader. She will be responsible for managing, developing and growing the Diversified Industrial segment. Anderson is a native …
New criticism of Halliburton Co.’s work on BP Plc’s blown-out Gulf of Mexico well could make it harder for the world’s second-largest oilfield services company to escape significant responsibility for the disaster. Lawyers for the government and spill victims gained …
Bailed-out insurer AIG raised $27.71 billion cash in 10 days with the initial public offering of its Asian life business AIA and the sale of its global life unit Alico, enough to repay a credit facility from the Federal Reserve …
The Buckner Co.’s President and CEO Terry H. Buckner and Employee Benefits Sales Executive Rich Peterson have received a Patriot Award from Robert K. Watts of Employer Support of the Guard and Reserve. Buckner employee, John Walters, who recently served …
