American International Group Inc received a $1 billion commitment from Kuwait Investment Authority for the IPO of its Asian unit, the first major investment inked before the mega offering’s roughly $15 billion launch. KIA, the country’s sovereign wealth fund, is …
Hughes-Gibb, the specialist bloodstock, livestock and aquaculture division of Willis Group Holdings, announced that it is expanding its services to clients in agri-business. Broadening its expertise to include Crop and Forestry, the wholesale broker has appointed Julian Roberts as leader …
Officials say the northwest corner of Fort Smith, Ark., would open for development if the levee along the Arkansas River is improved and gains federal certification. An engineering study of the levee says improving it would lower insurance rates and …
American International Group Inc inched closer in its ambitious plan to list its Asian life insurance business, AIA Group Ltd, after securing approval from the Hong Kong stock exchange, sources with direct knowledge of the matter told Reuters Tuesday. AIA’s …
American International Group Inc. plans to list its Asian life insurance unit, AIA Group Ltd., on Oct. 29, aiming to raise about $15 billion in Hong Kong, sources familiar with the deal said on Monday. AIG, which is nearly 80 …
Catastrophe risk modeling firm AIR Worldwide reports that Typhoon Fanapi made landfall on the east coast of Taiwan on Sunday morning, September 19 (0:00 UTC). The storm, which had been a Category 3 typhoon for several days, weakened slightly just …
North Carolina apple growers say they are happy to learn about proposed changes in federal crop insurance that would better protect them from a catastrophic loss. The Times-News of Hendersonville reported about two dozen Henderson County apple growers attended a …
Insurance Office of America has opened an office in Santa Barbara to be led by Jon Valois. Valois is a 22-year industry veteran, with a broad base of clients in industries including construction, manufacturing, agriculture, medical and telecommunications.
Records show the Ohio man who owned a bear that recently mauled its caretaker to death had no workplace injury insurance to cover the man, an apparent violation of state law. Ohio Bureau of Workers’ Compensation spokeswoman Maria Smith said …
Chartis today announced the expansion of NextGen Protection, a suite of environmental insurance solutions developed by its Environmental Division. The additional industry segments within the NextGen Protection suite are: EAGLE TopCoat Protect for Manufacturers of Coatings, Paints and Sealants EAGLE …
