Markets/Coverages News

Allianz Acquires Egyptian Insurer

Germany’s Allianz AG acquired a controlling 80 percent interest in Cairo-based Arab International Insurance Company (AIIC) by purchasing the 40...

Mexico Offers Growth Potential

The acquisition of a minority interest in Seguros Comercial America, S.A. de C.V. (SCA) by ING Group NV illustrates the...

U.K. Insurer To Sell Cars

In a case of modern vertical integration, British insurer Direct Line, a subsidiary of Royal Bank of Scotland, announced the...

Crum & Forster Names Leader of Management

Crum&Forster announced that De’Andre Salter joined the company as director, Management Protection, a newly formed division of the Fairfax Holding-owned...

ING May Sell U.K. Stockbroker

According to London’s Financial Times, Dutch financial services and insurance giant ING is reportedly ready to sell its U.K. based...