American International Group (AIG) said it had accelerated its separation from its life insurance subsidiary of Alico (American Life Insurance Company).
The band continues to consider all strategic options, but favors an IPO, which “would benefit all shareholders, including U.S. taxpayers, state employees and our partners, acted as CEO Edward Liddy .
AIG seeks an entry to [...]
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Zurich Insurance Company is a leading global provider of insurance services. The company was founded in 1872 and its headquarters are in Zurich, Switzerland. It has 60 000 employees in 170 countries.
In Europe, the company migrated its telecommunications to IP from 2003. Now, a unified architecture for voice and data replaces the old heterogeneous infrastructure [...]
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The net assets of the Chinese sector of insurance rose 17.5% to 329.9 billion yuan at the end of June 2009 compared with the beginning of the year, announced Friday morning Yuan Li, spokesman of the Commission regulation of insurance in China.
Furthermore, the Committee will help the China United Property Insurance Co., Ltd., by introducing [...]
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The troubled insurer American International Group (AIG.N: Quote) on the stock market goes up Tuesday after announcing a new transfer of assets for approximately $ 700 million.
AIG said that he had completed the process of selling a portion of the business of AIG Credit and AI Credit Consumer Discount Company, First Insurance Funding, a subsidiary [...]
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The values of the Libyan Stock Exchange closed its trading day Thursday on a level of 698.34 points, making up 10.39 points, or 1.51 percent of the index over the meeting of the day.
A total of 58,963 shares were traded for a total of 899,317 Libyan dinars (1,270 Libyan dinars = 1 U.S. dollar) as [...]
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The mutual MACSF group acquired the property “Triangle de l’Arche” to TIAA (Teachers Insurance and Annuity Association), a U.S. real estate investor. Built in 2002, this building of 37 500 m² of offices is located in close proximity to the Grande Arche de la Defense. He is currently fully leased to several tenants whose MACSF [...]
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The American Insurance Company Grange Insurance has just selected NetMotion Wireless as part of setting up a mobile virtual private network (Virtual Private Network). The NetMotion Wireless solution allows secure, uninterrupted connections, whatever the conditions and the type of wireless network used.
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Japanese insurer SOMPO JAPAN INSURANCE has reported the acquisition of 54.7% of the Brazilian company MARITIME INSURANCE, allowing you to dramatically expand the sale of policies in the Brazilian market. The acquisition of common shares (50%) and preference (70%), worth 328 million reais ($ 173 million) was through its Latin American subsidiary, Yasuda INSURANCE.
With headquarters [...]
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The insurance broker Marsh and McLennan (MMC) has returned to lead the global ranking of the industry revenues last year, with 11,516 million dollars, according to a release from the company that based on a study of the magazine “Business Insurance”.
Revenues from consulting for Marsh Risk and Insurance Brokerage are higher than its two immediate [...]
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Farmers Insurance Group this month launched “Force Field”, his most recent campaign that includes TV, radio and interactive media, conducted entirely by Accentmarketing, the agency official Hispanic Farmers .
” ‘Force Field’ is a visual representation of the advantages of providing fair coverage to suit individual needs,” said Luisa Acosta-Franco, Vice President, Multicultural Marketing, Farmers Insurance. [...]
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