A newly published Swiss Re sigma study found that “the direct insurance industry is on the road to recovery with further progress expected this year.” Worldwide premiums for life and non-life insurance grew by an inflation-adjusted 2 percent to $2.941 …
China’s official Xinhua news Agency announced that the gross assets owned by the country’s insurance sector reached a record high of 1.0359 trillion yuan ($126.3 billion) by the end of May. Premiums totaled 338.04 billion yuan ($40.87 billion) in 2003, …
Bermuda-based Platinum Underwriters Holdings, Ltd. announced the sale of 6,000,000 of its common shares by St. Paul Fire and Marine Insurance Company, a wholly owned subsidiary of The St. Paul Travelers Companies, Inc. The announcement noted: “St. Paul Travelers will …
France’s SCOR Group announced that it would offer 180 million euros ($218 million) worth of 4.125 percent unsecured convertible bonds within the French market. SCOR’s bulletin stressed that no offering of the securities would be made outside France, and that …
Crum & Forster Holdings Corp. has announced that Nikolas Antonopoulos, chief executive officer of its insurance operating subsidiaries, will also be elected as chairman of the board of those companies. Antonopoulos succeeds Bruce A. Esselborn, who retired from Crum & …
The Independent Insurance Agents of Texas reported that it is building an IIAT internship program to encourage minority college students in Texas to learn about careers in the insurance industry. The program will be part of a joint effort with …
Texas state representative Bill Keffer will address the Southwestern Insurance Information Service Board of Directors at their regularly scheduled meeting July 20 in Dallas. Representative Keffer is a member of the House Committees on Insurance, Energy Resources and Rules and …
London American General Agency Inc. in San Diego announced the addition of Vicki Larry as an underwriter broker to its expanding California operation. She has previously served in positions at Arrowhead Brokerage in San Diego and CRC in Los Angeles. …
“Final plans are in place for the State Tournament for the Independent Insurance Agent Junior Classic (IIAJC), also known as the Big “I” Junior Classic, which is sponsored nationally by the Independent Insurance Agents & Brokers of America (IIABA),” announced …
Insurance brokerage and consulting firm Summit Global Partners of Florida Inc. announced the promotion of two key executives as part of its expansion plans in the State. Gary Morris has been named chief operating officer for the Boca Raton location, …
