Brand Management & Sales
Group Bidding for AIG’s Aircraft Leasing Firm Adding Backers: Report
Taiwanese tycoon Richard Tsai and Chinese financier Xiao Jianhua are in talks to help fund a $4.2 billion bid for American International Group Inc.'s aircraft- leasing unit, three people with ...
Allianz Looks to Boost U.S. Presence, Improve Fireman’s Fund: Bhojwani
Allianz SE, Europe's largest insurer, said it is committed to bolstering operations in the U.S. after international rivals scaled back in the country. "It is a monster market," Gary Bhojwani, the ...
JPMorgan’s #AskJPM Twitter Hashtag Backfires Against Bank
JPMorgan Chase & Co., the target of at least eight Justice Department investigations, was mocked and taunted by Twitter users after asking followers to send questions to an executive using the ...
Agent Commissions Steady But Rising Ad Costs Lift Expense Ratios: Fitch
Even though revenues have climbed for property/casualty insurers in the recent years, underwriting expense ratios "remain stubbornly high," according to a new report by Fitch Ratings. Fitch's ...
Liberty Mutual to Enter Mexico with Purchase of Surety Company
Liberty Mutual Insurance said it will acquire Mexican surety company Primero Fianzas from Grupo Valores Operativos Monterrey, a private investor group. The company said the acquisition will enable ...
Insurance Store-in-a-Box Kiosks Launched by Tennessee’s Direct Auto
Kiosks allowing customers to purchase auto insurance policies in as little as five minutes are popping up in insurance offices in Tennessee, previewing a larger rollout that will put them in ...
Towers Watson Completes Sale of Reinsurance Business for $250M
Towers Watson & Co. said Wednesday that it has completed the sale of its reinsurance brokerage business to Jardine Lloyd Thompson Group PLC for $250 million but plans to continue working with its ...
AIG Earnings Show Progress and Room for Improvement: Analysts
American International Group Inc. reported earnings nearly in line with expectations on Thursday, but the stock fell after hours as analysts still saw room for improvement in the insurer, which ...