The 39th annual seminar of the International Insurance Society (IIS), hosted by the Insurance Information Institute, is scheduled to be held July 13-16, at the Waldorf-Astoria in New York. Among the issues to be discussed by many of the world’s …
Dutch regulatory authorities, the Nederlandse Mededingingsautoreit (NMa), has launched an investigation of the country’s insurers for possible anti-competitive practices. Although the probe will examine the entire industry, so far only Delta Lloyd, a subsidiary of the U.K.’s Aviva Plc, has …
The 39th annual seminar of the International Insurance Society (IIS), hosted by the Insurance Information Institute, is scheduled to be held July 13-16, 2003 at the Waldorf-Astoria in New York. Among the issues to be discussed by many of the …
The Supervisory Board and the Executive Board of the Netherlands AEGON N.V. announced that “with great regret” they have taken notice of the resignation of Ms. Karla M.H. Peijs from the AEGON N.V. Supervisory Board as from 27 May 2003, …
The Netherlands AEGON N.V. announced the appointment of Bas Snijders, 43, as Senior Vice-President for Group Treasury, reporting to Michiel van Katwijk. He will assume his duties this summer. “Bas Snijders has worked for SNS Bank as Director of Funding …
The Netherlands ING Group announced that it is selling its 49% shareholding in Mexico’s Seguros Bital to Grupo Financiero Bital, S.A., a wholly owned subsidiary of HSBC Holdings, plc. for $148 million. The transaction, which is subject to regulatory approvals, …
L. Paul Bremer, former CEO of Marsh’s Crisis Consulting Practice, has been appointed presidential envoy to Iraq, the top civilian spot in charge of overseeing the administration of a temporary government regime in the country. In his capacity as presidential …
The Netherlands-based ING financial and insurance group announced that it has finalized the sale of 99% of Fatum, its insurance business in the Netherlands Antilles and Aruba, to Guardian Holdings Limited for approximately 45 million Euros ($50 million). The company …
A.M. Best Co. announced that it has assigned an indicative “aa” rating to the forthcoming subordinated bonds to be issued by Munich Re Finance B.V., based in the Netherlands, and guaranteed by Munich Reinsurance Company. “The proposed issues will be …
Standard & Poor’s Ratings Services announced that it has lowered its counterparty credit rating on AEGON N.V. (AEGON) to ‘A+/A-1’ from ‘AA-/A-1+’ “because of Standard & Poor’s view that future absolute earnings will be less strong over the short to …
