Insurance software company Applied Systems announced plans to open a Canadian data center in the third quarter of 2012, in...
Business Moves
Bermuda-based Validus Holdings, Ltd. announced the capitalization of PαCRe, Ltd., a new Class 4 reinsurer. “PαCRe has been formed to...
The Insurance Australia Group Limited (IAG) announced that its 49 percent-owned Malaysian associate, AmG Insurance Berhad, has received regulatory approval...
A.M. Best Co. announced rating actions on both New Zealand’s AMI Insurance Limited, or the old AMI, and AMI Insurance...
A.M. Best Europe – Rating Services Limited has downgraded the financial strength rating to ‘A-‘ (Excellent) from ‘A’ (Excellent) and...
Starr Indemnity & Liability Company announced that the Japanese Financial Services Agency (FSA) has granted it a foreign, non-life insurance...
Aon announced that is now officially a “plc (public limited company; i.e. a corporation) and that it has completed its...
Aon Aon Corp. stockholders voted overwhelmingly in favor of the proposal to approve the previously announced change in corporate domicile...
MAPFRE ASISTENCIA, a subsidiary company of Spain’s MAPFRE Group, and MIDDLESEA INSURANCE MIDDLESEA ASSIST, have formed a joint venture to...
Banco Financiero y de Ahorros (BFA) has sold its 10.36 percent stake in MAPFRE AMÉRICA for a consideration of €...