The ACE Group announced today that its ACE INA International Holdings, Ltd. subsidiary has acquired all of the outstanding shares it does not already own, or approximately 49 percent, of ACE Synergy Insurance Berhad in Malaysia from Advance Synergy Capital …
The Travelers Companies announced that the company has completed its acquisition of a 43 percent interest in JMalucelli Participações em Seguros e Resseguros S.A., the market leader in the surety insurance business in Brazil with a market share in excess …
Zurich Financial Services Group announced that its subsidiary, Zurich Insurance Company Ltd., has signed an agreement to acquire 100 percent of the share capital of Malaysian Assurance Alliance Berhad (MAAB), a Malaysian composite insurer. Zurich is acquiring the company from …
Champion Risk & Insurance Services L.P. of Carlsbad, Calif., has formed a partnership with the American Moving & Storage Association (AMSA) to serve as a preferred vendor for insurance products and services. Champion Risk & Insurance Services, an affiliate of …
EPIC California-based EPIC (Edgewood Partners Insurance Center), a retail property, casualty and employee benefits insurance brokerage, was recognized as a “Best Place to Work in the Bay Area” for the fourth consecutive year by a regional business journal. The confidential …
Argus Fire & Casualty, Florida A Florida insurance company is on its way to closing its door as it informed agents it is going to start dropping policyholders when their policies are up for renewal. Argus Fire & Casualty, a …
Gallagher, IFS Insurance broker Arthur J. Gallagher & Co. has acquired Independent Fiduciary Services Inc. (IFS), a Washington-based institutional investment advisory firm. Terms of the transaction were not disclosed. Founded in 1986, IFS provides investment consulting and other services to …
William Gammon, Higginbotham & Associates Texas-based independent insurance agencies William Gammon Insurance and Higginbotham & Associates merged. The combined company has more than 500 professionals providing insurance, risk management and employee benefit solutions to clients throughout Texas. William Gammon Insurance, …
Catlin Re Switzerland, the continental European reinsurer of the Bermuda-based Catlin Group Limited, announced that as of July 1, 2011, it will underwrite treaty reinsurance business from a new office in Madrid, focusing on property, casualty and specialty classes of …
Zurich Financial Services Group announced that one of Zurich’s non-core subsidiaries in the UK, Zurich Specialties London Ltd, will transfer its run off insurance business to Swiss Re at book value. Zurich said the transfer forms an integral part of …
