U.S. P/C Industry 2012 Income $33.5B in Spite of $32B in Cat Losses April 26, 2013 U.S. property/casualty insurers absorbed net insured catastrophe losses of more than $32 billion last year, but still managed to post...
Report: Motorcycle Deaths Decline Slightly in Georgia April 26, 2013 New numbers show that Georgia has seen a slight drop in the number of motorcycle fatalities. The Georgia Governor’s Office...
McCann to Succeed Plumeri as Willis Chairman; Director Candidates Listed April 26, 2013 Willis Group Holdings announced that, at its regular meeting this week, the Board of Directors determined that the following individuals...
Aon Reports Q1 Total Revenue of $2.9B; Net Income $261M April 26, 2013 Aon summarized the results from its various operations in the first quarter of 2013 as follows: – Total revenue was...
EU Supports French Demand; Trade Talks with U.S. Should not Cover Culture April 26, 2013 By Robin Emmott European Union lawmakers have backed French demands to exempt culture from a proposed free-trade pact between Europe and the United...
AXA to Buy 50% of China P&C Insurer Tian Ping for $631 Million April 26, 2013 France’s AXA Group announced that it has entered into an agreement with Tian Ping Auto Insurance Company Limited shareholders to...
Best Affirms Platinum Underwriters and Subs Ratings; Outlook Stable April 26, 2013 A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of...
White House Formally Notifies Congress of Japan Free-Trade Talks April 26, 2013 By Doug Palmer President Barack Obama’s administration on Wednesday notified Congress it will start free-trade talks with Japan, bringing the world’s third-largest economy...
Brazil’s BB Seguridade, Smiles SA Conclude IPO’s – Boosts Insurance April 26, 2013 By Guillermo Parra-Bernal and Aluísio Alves Brazil’s BB Seguridade Participações SA sealed the world’s biggest initial public offering in seven months at a time when confidence...
ACE, Trust Risk Management Launch Small Healthcare Provider Program April 26, 2013 ACE USA’s Medical Risk Group has expanded its relationship with Trust Risk Management Services, Inc. (TRMS) to offer an admitted...