The government of Taiwan has rejected the application of Primus Nan-Shan Holding (UK) to acquire American International Group's (AIG) subsidiary Nan Shan Life Insurance in Taiwan.
CNA Financial has completed the previously disclosed transfer of legacy asbestos and environmental pollution liabilities to National Indemnity Company (NICO), a subsidiary of Berkshire Hathaway.
Allianz Global Corporate & Specialty (AGCS), Allianz Group’s dedicated carrier for large corporate insurance customers, has expanded its network by opening a new branch in Madrid, Spain.
Brown & Brown has expanded the Lawyer's Protector Plan (LPP) liability program, which it runs in partnership with Navigators Insurance Company, to include law firms with up to 34 attorneys effective 1 October 2010.
AssuranceAmerica has reported total revenues of $15.6m for the second quarter of 2010, a decrease of 4.75% compared to $16.4m for the same quarter in 2009.
Cigna, a US-based provider of group life, accident and disability insurance, has acquired Belgium-based Vanbreda International, to further accelerate its expatriate benefits business.
The Multilateral Investment Guarantee Agency (MIGA), the risk insurance arm of the World Bank Group, has set up Asian hub to expand its reach beyond its Washington, DC headquarters.
Austin Ventures (AV), a venture capital and growth equity firm, has formed a new life insurance distribution company with Bob Carter, co-founder of National Financial Partners.
Aon Benfield, a reinsurance intermediary and capital advisor, has appointed Chris Myers as new head of Rating Agency Advisory for its UK and Europe, Middle East, and Africa (EMEA) regions.
Crouse and Associates Insurance Services has signed an agreement with AmWins Group to acquire AmWins’ Fresno office. Terms of agreement were not disclosed.
Glacier Reinsurance has decided to cease its underwriting business and place its existing portfolio in to an orderly run-off with immediate effect.
