Dublin-based Research and Markets has added a study on Policy Administration Spending in Global Non-Life Insurance (Databook) to their offering. “This databook provides top level data charts & tables to highlight policy administration opportunities and trends across the global Non-Life …
The Boston-based Liberty Mutual Group plans to enter the Turkish market with the purchase of a majority stake in Seker Sigorta A.S. Liberty Mutual signed an agreement on June 16 with Sert Holding A.S. for the acquisition of a majority …
The U.S. Supreme Court has rejected an appeal from Holocaust survivors in the U.S. who claim they have been cheated out of a fair share of a $1.25 billion settlement over looted assets. Justices had been asked to review a …
Purdue Pharma has settled a civil lawsuit with its insurer over costs stemming from hundreds of lawsuits involving the painkiller OxyContin, company officials said. Steadfast Insurance Co., a unit of Zurich Insurance Co. of Switzerland, had sued Stamford-based drug maker …
This time around the AXA Group and Credit Suisse lost no time in coming to an agreement to sell Winterthur, the Swiss bank’s insurance division, to the French insurer for CHF 12.3 billion (around $10 billion – €7.9 billion). The …
Standard & Poor’s Ratings Services reacted quickly to the announcement that AXA and Credit Suisse have reached an agreement to sell Winterthur, the Swiss bank’s insurance division to the French insurer for CHF 12.3 billion (around $10 billion – €7.9 …
French reinsurer, SCOR Group is developing its agricultural risk reinsurance business throughout the world as part of an initiative to reinforce its agricultural risk underwriting teams to “keep up with the changing risks and coverage needs linked to modern agriculture.” …
Widely circulated reports indicate that France’s AXA Group has entered into serious negotiations with Credit Suisse aimed at acquiring the bank’s Winterthur Group of insurance companies. The reports from Agence France Presse, the Wall Street Journal and the New York …
Herbert Haag, the former President and CEO of Bermuda-based reinsurer PartnerRe Ltd., has joined XL Capital’s Board of Directors. Haag founded Partner Re in 1993. He retired in December 2000 and served as a senior advisor to the Company for …
Newark, Calif.-based Risk Management Solutions has launched “a fundamentally new platform for quantifying wind-related risk in 12 European countries,” said the announcement. “Meteorological modeling has been extended to include a comprehensive suite of wind events enabling loss calculations both from …
