With the fast approaching Nov. 20 cutoff date for bids to acquire Equitable Life, the U.K.’s oldest mutual life insurer, it appeared that only one company, the U.K.’s Prudential, remained in the running. Its main rival, CGNU, apparently pulled out …
Irvine, Calif.-based Autobytel.com Inc. announced it had formed partnerships with EyeVelocity, Source One Marketing, and automotive aftermarket accessory manufacturers LoJack, Katzkin Leather Inc., Saddleman and Steel Horse, to visually integrate the selection of aftermarket products into Autobytel.com’s consumer car-buying process. …
Sweden’s Skandia, Norway’s Storebrand and Finland’s Pohjola originally agreed to merge their respective p/c business into a pan-Scandinavian group with the unlikely name of “If….” Pohjola recently announced that it was pulling out of the deal, which caused analysts to …
SINSER Holding AB, part of Sweden’s Skandia Group, announced that it has acquired Risk & Insurance Research Group Ltd.(RIRG) of London for an undisclosed price. The move underlines Skandia’s strategic decision to increase its presence in the Alternative Risk Transfer …
Citibank, the banking unit of Citigroup, has received permission from Polish banking regulators to acquire up to a two thirds stake in Bank Handlowy, Poland’s largest corporate lender, and would have between 50 and 66 percent of the voting rights. …
ACE Ltd. isn’t the only insurance company to see earnings increase in the 1st quarter. Despite some difficulties, notably the December storms in Europe, most earnings reports have been positive. It seems most of the industry is looking back on …
