The U.K.’s looming in/out referendum on European Union membership, which may come as early as June, has sparked jitters, with analysts predicting declines in everything from London property prices to the pound. But what would so-called Brexit really mean for …
Allianz SE, AXA SA and Sompo Japan Nipponkoa Holdings Inc. made final bids for the rights to distribute their general insurance products through CIMB Group Holdings Bhd.’s branches across Asia, people with knowledge of the matter said. CIMB could fetch …
Zurich Insurance Group AG has started a process to sell its units in South Africa and Morocco as it works toward turning around its money-losing insurance operations, according to people familiar with the matter. Zurich is working with financial advisers …
If you have never heard the term “El Nino,” you might have been living under a rock. The common informed person is probably somewhat aware that we are amidst a record-setting El Nino, and rumors of a possible switch to …
Aegon NV, the Dutch owner of U.S. insurer Transamerica Corp., fell in Amsterdam trading after decline in U.S. income pushed down fourth-quarter pre-tax earnings. The stock dropped as much as 4.5 percent and was down 3.2 percent as of 10:25 …
Allianz SE missed analyst estimates for fourth-quarter profit because of claims from natural catastrophes. Net income at Europe’s biggest insurer increased to 1.42 billion euros ($1.6 billion) in the quarter from 1.22 billion euros [$1.3 billion] a year earlier, the …
The Oklahoma Senate approved has approved a bill that requires drivers whose licenses have been suspended due to lack of auto insurance to show proof of insurance to the Department of Public Safety (DPS) in order to have their lack-of-insurance …
International Insurance Agency (IIS), a Chicago, Ill.-based managing general underwriter, announced that Daniel G. Boisvert has been appointed as Chief Executive Officer. Boisvert is a seasoned veteran with 25 years of experience in the global insurance and reinsurance markets with …
Robertson Ryan & Associates Inc. in Milwaukee, Wis., promoted Jason Bott to vice president and shareholder. Bott handles standard and non-standard insurance policies. He specializes in real estate risk management solutions and has developed a national reputation for insuring real …
Restaurant insurance program administrator ProHost USA has added employment practices liability insurance coverage as an option in its packaged insurance program specifically designed for restaurants. According to Heidi Strommen, president of ProHost USA, the endorsement covers third‐party violations including actual …
