Brand Management & Sales
Sompo Japan Weighs Acquisition of U.K.’s Canopius Group
Sompo Japan Insurance Inc., a unit of Japan's third-largest casualty insurer group by market value, is considering buying U.K.'s Canopius Group Ltd. as it continues an overseas expansion. The ...
Insurance Australia Group Buying Wesfarmers’ Insurance Business
Insurance Australia Group Ltd., the nation's biggest car and home insurer, will buy Wesfarmers Ltd.'s insurance underwriting businesses in Australia and New Zealand for A$1.85 billion ($1.66 ...
RSA Insurance Ireland CEO Lee Resigns After Another Lower Profit Warning
RSA Insurance Group Plc Chief Executive Officer Simon Lee quit after warning for the third time in six weeks that profit will be lower as the insurer injected more capital into Ireland amid an ...
Florida’s Citizens Says Clearinghouse Delay Allows More Insurers to Join
Florida's state-backed property insurer announced that the debut of a new web-based clearinghouse would be delayed for a few weeks in order to ensure it is working efficiently and to allow more ...
Study Forecasts Growth for Professional Liability Insurance Market Across Europe
The market for professional indemnity insurance across 10 European countries - Austria, Belgium, France, Germany, Italy, Netherlands, Poland, Spain, Switzerland and the UK - will be worth around ...
ING Wins Deal to Sell Annuities to Allstate Auto, Home Customers
ING U.S. Inc. will begin selling fixed annuities through Allstate Corp. agencies as the largest publicly traded U.S. auto and home insurer ceases to offer its own brand of the retirement products. ...
Congress Could Address ‘Fast Track’ Trade Authority in Early 2014
The Obama administration could secure "fast-track" trade promotion authority from Congress early next year, a leading lawmaker said on Tuesday, handing it the means to secure two big new trade deals. ...
Fidelity National Considering Sale of Assets
Fidelity National Financial Inc., the title insurer that also has restaurant businesses and an auto parts company, hired JPMorgan Chase & Co. to review possible divestitures of assets. The ...