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331-345 of 17910 results
AXA’s revenue crosses €100bn for first time
By IBR Staff Writer
French insurance giant AXA saw its revenues cross €100bn for the first time with underlying earnings increasing by 3% to stand at €5.7bn.
Life Insurance & Pensions > News
UK watchdog fines three former RSA officials for financial misconduct in Ireland
By IBR Staff Writer
The UK Financial Reporting Council (FRC) has imposed fines totaling £182,000 on three ex-RSA Insurance Ireland (RSAII) employees in connection with an accounting scandal in 2012.
General Insurance > Commercial lines > News
Willis Towers Watson in talks to acquire OAAGC
Willis Towers Watson has started exclusive talks to acquire the assets of French aviation brokerage Office d'Assurances Aériennes G de Cugnac (OAAGC) for an undisclosed price.
News
UK insurer RSA expands coverage in Africa
By IBR Staff Writer
UK insurer RSA has extended its partnership with the Africa-based insurance network Globus to five more territories in the region.
General Insurance > Commercial lines > News
Euler Hermes names new CEO for UK and Ireland operations
Credit insurer Euler Hermes has appointed Milo Bogaerts as CEO of its UK and Ireland operations, effective 1 April 2017, subject to regulatory approval.
News
Aegon reports 27% increase in Q4 net underlying revenue
By IBR Staff Writer
Dutch insurance company Aegon has reported a 27% increase in net underlying revenue before tax to €554m for the fourth quarter of 2016, compared to €435m for the same period in 2015.
Life Insurance & Pensions > News
Guidewire Software acquires ISCS
Guidewire Software has closed its previously announced acquisition of ISCS.
Technology > Technology in Insurance > News
Sapiens to buy StoneRiver for $102m
Sapiens International has agreed to acquire privately held StoneRiver for nearly $102m in cash, subject to certain adjustments.
Reinsurance > News
Aetna, Humana terminate $37bn merger deal
By IBR Staff Writer
American health insurers Humana and Aetna have mutually terminated their merger agreement after a US federal judge blocked the proposed $37bn deal last month on antitrust grounds.
General Insurance > Personal Lines > News
Deloitte, Zurich Insurance partner to help customers protect from cyber related risks
Deloitte and Zurich North America (Zurich) are partnering to deliver services for their customers to help them better understand and protect themselves from cyber associated risks.
Technology > Technology in Insurance > News
Cigna terminates $54bn merger deal with Anthem
By IBR Staff Writer
Cigna is scrapping its plan to merge with rival Anthem, and is suing insurer for $13bn in damages because the agreement did not secure approval.
General Insurance > Personal Lines > News
D2C channel cited as having growth prospects over next 12 months
According to the Global Insurance Industry Survey, conducted by Timetric in May 2016, direct-to-consumer (D2C) was a channel cited as having significant growth prospects over the next 12 months.
Technology > Technology in Insurance > News
Former AIG CEO agrees to pay $9m to settle accounting fraud case
By IBR Staff Writer
Maurice Hank Greenberg, the former CEO of American International Group, has agreed to pay $9m to settle a 12-year-old accounting fraud case.
Reinsurance > News
Harbor Group buys Jensen Insurance
Harbor Group Consulting has acquired Jensen Insurance Solutions, a provider of insurance due diligence and risk management services for lenders and equity partners.
News
Aon to divest benefits administration and HR BPO platform to Blackstone for $4.8bn
By IBR Staff Writer
UK based global insurance broker Aon has agreed to divest its benefits administration and HR Business Process Outsourcing (BPO) platform to American private equity firm Blackstone for around $4.8bn.
News
331-345 of 17910 results