Brand Management & Sales
Wells Fargo Selling 42 Smaller Insurance Brokerage Offices to USI
Wells Fargo & Co., the largest U.S. home lender, has agreed to sell more than 40 percent of its insurance brokerage locations to focus bricks-and-mortar operations on higher-growth regions and ...
Driving Losing Some Of Its Appeal But Reasons May Vary By Country
Car use appears to have leveled off and even started falling in many of the world's advanced economies long before the global downturn in 2008, according to transport experts. The slowdown brings to ...
Generali Will Sell Asset Manager BSI Group: CEO
Assicurazioni Generali SpA, Europe's third-largest insurer, will sell Swiss asset-management unit BSI Group as part of its disposal plan to boost capital. "We will sell BSI for sure, we have plenty ...
RSA Insurance to Sell Central, Eastern European Assets: Report
RSA Insurance Group Plc, the British insurer looking to raise capital, is planning the sale of assets in central and eastern Europe, according to three people familiar with the plan. RSA is close to ...Lower Disaster Claims, Higher Prices Boost Travelers’ Q4 Profit
Travelers Cos., the property/casualty insurer in the Dow Jones Industrial Average, said fourth-quarter profit more than tripled as claims costs from natural disasters fell a year after Superstorm ...
Expect Nothing ‘Radical’ in 2014 for Reinsurance Prices: Allianz Re CEO
Property and casualty reinsurance rates, which fell in seven of the last 10 years, probably won't rebound in 2014, the head of Allianz SE's reinsurance arm said. "Last year's catastrophe activity was ...
Brown & Brown to Acquire Flood, Specialty Insurer Wright Insurance Group
Florida-based national insurance broker Brown & Brown, Inc. has agreed to acquire The Wright Insurance Group, LLC for $602.5 million from Aquiline Capital Partners, Wright's lead equity partner. ...
Desjardins Group to Acquire State Farm Canada Businesses
Desjardins Group, the leading cooperative financial group in Canada, announced Wednesday that it has entered into a definitive agreement to purchase State Farm Canada's property/casualty and life ...