With only four percent of its 1.3 billion people holding insurance policies, China represents the world’s largest but also perhaps most challenging opportunity for foreign insurers, according to a study published by Reuters and KPMG. The report identifies the unprecedented …
The 22nd Pacific Insurance Conference will be held at the Grand Hotel, Taipei, Taiwan on October 23 – 26, 2005. The 2005 conference features industry leaders making presentations, moderating panel discussions, and directing roundtable workshops examining “Pathways to Success in …
AEGON-CNOOC Life Insurance Company Ltd., the 50/50 joint venture of AEGON with China National Offshore Oil Corporation (CNOOC), has signed national cooperation agreements with two leading banks in the People’s Republic of China: the Industrial and Commercial Bank of China …
Commerce Insurance Services, a wholly-owned subsidiary of Commerce Bancorp, Inc., has entered into an agreement to acquire BK International Insurance Brokers, Ltd., headquartered in Greenwich, Connecticut. The acquisition will complement Commerce Bank’s expansion into Connecticut, where it will open its …
AIR Worldwide Corporation has announced that China’s PICC Property and Casualty Company Limited has completed the first earthquake risk analysis using AIR’s China earthquake model. Guy Carpenter coordinated the analysis of the PICC portfolio, which represents more than 60 percent …
A.M. Best Co. announced that it has affirmed the financial strength rating of A- (Excellent) of Hong Kong’s Sun Hung Kai Properties Insurance Limited (SHKPI) with a stable outlook. “The rating reflects SHKPI’s consistent operating performance, low level of net …
The U.K.’s Royal & SunAlliance announced that it has agreed to sell its 21.5 percent shareholding in Rothschilds Continuation Holdings AG. Jardine Strategic Holdings Limited, a Hong Kong-based subsidiary of Jardine Matheson, will acquire 20 percent and the Rothschilds Continuation …
Carlos Mickan Pan-American Life Insurance Company, headquartered in New Orleans, announced the selection of Carlos F. Mickan as executive vice president and chief financial officer. Mickan’s appointment is effective June 20. Carol Fischer Previously, Mickan served as senior vice president …
Pan-American Life Insurance Company, headquartered in New Orleans, announced the selection of Carlos F. Mickan as executive vice president and chief financial officer. Mickan’s appointment is effective June 20. Previously, Mickan served as senior vice president and CFO of Principal …
Pan-American Life Insurance Company, headquartered in New Orleans, announced the selection of Carlos F. Mickan as executive vice president and chief financial officer (CFO). Mickan’s appointment is effective June 20. “One of Pan-American Life’s strategic objectives is to increase our …
