Friday, September 3, 2010
In-force policies assumed under reinsurance agreement QUEBEC CITY, Sept. 3 /PRNewswire-FirstCall/ – Industrial Alliance Insurance and Financial Services Inc. (‘Industrial Alliance’ or ‘the Company’) announces that it has completed today the acquisition
is expanding outside the United States with the acquisition of Belgium’s Vanbreda International, which provides worldwide medical insurance and employee benefits to customers including humanitarian operations and corporate clients. Cigna officials said
Wednesday, August 25, 2010
Mercuries is interested in taking over the 40 percent stake owned by MassMutual in the insurance tie-up, MassMutal Mercuries Life, the Economic Daily said, citing a company executive. If the acquisition proceeds smoothly, Mercuries would launch an
Wednesday, August 18, 2010
39 percent to $440 mln as expected * Acquisition pipeline strong * Reiterates 2010 outlook for 16-18 pct insurance margin * Shares up 1.65 pct on outlook (Adds details) SYDNEY, Aug 19 (Reuters) – QBE Insurance (QBE.AX), Australia’s top insurer by
further acquisition opportunities * Interim dividend 5.46 pence (Adds detail, background) LONDON, Aug 17 (Reuters) – UK insurance buyout vehicle Resolution (RSL.L) said on Tuesday it would hunt out further acquisitions in a consolidating sector, as it
NEW YORK (Reuters) – MetLife Inc , the biggest U.S. life insurance company, lowered its estimate of how much of a boost to its business it will get from the acquisition of Alico, the foreign life insurance business of AIG. Metlife said
CHICAGO – Insurance broker Aon Corp. said Friday that its second-quarter profit rose slightly as a recent acquisition lifted revenue. That gain was largely offset by a loss from litigation. Its adjusted earnings
SUZANNE LYNCH RSA, FORMERLY Royal and Sun Alliance, has become the second largest general insurance company in the State, after announcing a ?65 million-plus acquisition of 123.ie. The sale, which is subject to regulatory approval, has netted a
July 19 (Bloomberg) — Carlyle Group agreed to buy a controlling stake in Grupo Qualicorp, which manages health insurance plans in Brazil, for an undisclosed amount. Carlyle, which is based in Washington, announced the acquisition in an e-mailed
oil and gas acquisition, the petroleum ministry, in a recent letter, has requested the finance ministry to allow insurance companies to invest their surplus funds in bonds issued by (OVL), the overseas arm of state-run ONGC. “The letter has requested the