Today in General Insurance
General Insurance
XL Group swings to profit in Q1
XL Group has reported a net income of $176.63m, or $0.56 per diluted share, for the first quarter of 2012, compared to a net loss of $227.28m, or $0.73 per diluted share, for the same period in 2011.
General Insurance > Commercial lines > News
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Commercial Lines
Fairfax to acquire 77% interest in Thomas Cook India
Fairfax Financial Holdings has entered into an agreement with UK’s Thomas Cook (TC) Group to acquire 77% interest in Thomas Cook (India) for Rs50 per share totalling to nearly Rs8.17bn ($150m).
General Insurance > Commercial lines > News
General Insurance > Commercial lines > News
Chaucer introduces new marine insurance product
Chaucer Syndicate 1084 has introduced a new marine product intended for vessel owners and operators in the offshore renewable energy sector.
General Insurance > Commercial lines > News
General Insurance > Commercial lines > News
Claims
Zurich picks Guidewire solution for UK claims system
Zurich has selected Guidewire Software as the provider of a new claims handling platform for its UK general insurance division.
Technology > Technology in Insurance > News
Technology > Technology in Insurance > News
CED acquires Spain’s Tebex Dano
CED has completed the acquisition of Spain’s Tebex Dano, a bodily injury expert, following an agreement signed in mid of March this year.
General Insurance > Claims > News
General Insurance > Claims > News
Personal Lines
Canada announces changes to CLCA insurance program
California Insurance Commissioner Dave Jones has announced changes to the California Low Cost Automobile (CLCA) insurance program that will enable additional uninsured drivers to qualify for state-sponsored low cost automobile insurance.
General Insurance > Personal Lines > News
General Insurance > Personal Lines > News
Online platform emerges popular for bankers, insurers in BRIC countries: report
Online platform is increasingly emerging popular among bankers and insurers in the Brazil, Russia, India and China (BRIC) countries, according to a report by a UK-based research firm BRICdata.
News
News
Insurer
Allianz Life names new assistant vice president of treasury
Allianz Life Insurance Company of North America has named Sarah Schaus as the new assistant vice president of treasury.
Life Insurance & Pensions > News
Life Insurance & Pensions > News
Quinn Direct rebranded as Liberty Insurance
Boston-based diversified insurer Liberty Mutual Group and Irish Bank have renamed Quinn-Direct Insurance as Liberty Insurance.
General Insurance > Commercial lines > News
General Insurance > Commercial lines > News
