Brand Management & Sales
Merger of German Public-Sector Insurers Unlikely: Fitch
German public-sector insurers, which include Versicherungskammer Bayern and Provinzial Nordwest Holding AG, are unlikely to merge, Fitch Ratings said. "There is no requirement for such a high number ...
Savvy Insurers Can Make Homeowners More Profitable
The lion's share of profitability for carriers has traditionally come from the auto business, but this segment is slowing for a number of reasons—and speed bumps may soon give way to roadblocks. ...
ACE to Buy 69% Stake in Thailand Insurer, Siam Commercial Samaggi
ACE Limited (ACE) said it has agreed to purchase a 60.9 percent stake in The Siam Commercial Samaggi Insurance PCL, a general insurance company in Thailand, from Siam Commercial Bank. Established in ...
Privacy Groups Worried About Gmail Links to Google+ Network
A new feature in Google Inc.'s Gmail will result in some users receiving messages from people with whom they have not shared their email addresses, raising concerns among some privacy advocates. The ...
China’s Fosun Buys 80% of Portugal Insurer for $1.36 Billion
China's Fosun International Ltd. bought 80 percent of Portugal's Caixa Geral de Depositos SA's insurance unit for 1 billion euros ($1.36 billion), beating out U.S. buyout firm Apollo Management ...
RSA Insurance Finds Irish Unit’s Bonuses Overly ‘Aggressive’
RSA Insurance Group Plc is reviewing its compensation structure after the British insurer found that bonuses at its Irish division may have been "too aggressive." The London-based insurer fired RSA ...
The Results Are In: Agents Rate the Top 10 P/C Carriers
Compiling results of surveys of nearly 7,000 agents conducted over the course of 2013, a consulting firm published a list of the top-10 property/casualty carriers in January, with Sheboygan, ...
Mexico to Mandate Auto Coverage in Push Toward ‘Culture of Insurance’
President Enrique Pena Nieto is giving the car insurance market a boost with a plan to mandate policies on federal highways in Mexico, where almost three in four drivers lack coverage. Congress ...