Brand Management & Sales
JLT to Acquire Towers Watson’s Reinsurance Brokerage Business
Jardine Lloyd Thompson Group plc (JLT), one of the world's largest suppliers of insurance and employee benefits related advice, brokerage and services, will acquire the reinsurance brokerage business ...
RBS Raises $1 Billion from Sale of 20% of Direct Line
Royal Bank of Scotland Group Plc raised about 630 million pounds ($1 billion) from its third sale of a stake in Direct Line Insurance Group Plc, the U.K.'s biggest home and car insurer. RBS sold ...
Germany’s Ergo Expects Asia, Eastern Europe Premium Growth
Munich Re's insurance unit, Ergo Versicherungsgruppe, plans to increase international premiums by more than a fifth over the next five years on sales in Asia and eastern Europe. "We aim to increase ...
Berkley Underwriting Partners Is Now Berkley Program Specialists
Berkley Underwriting Partners, a W. R. Berkley company, has changed its name to Berkley Program Specialists. The company said the change better reflects its sole focus on program business. "We ...
AIG Hires CMO From Goldman Sachs
American International Group Inc., the company that repaid a $182.3 billion U.S. bailout last year, hired David May from Goldman Sachs Group Inc. to help revive the insurer's brand. May, 54, was ...
Zurich Delayed Ad Campaign Launching
By rolling out television, print and billboard marketing campaigns on Monday, Zurich Insurance is aiming to advertise business as usual after a suicide and resignation in the Swiss insurer's top ...
Critics Take Aim at Crop Insurance Subsidies, Insurers’ Profits
Former American International Group Inc. chief Maurice "Hank" Greenberg has a new business partner: the U.S. taxpayer. Greenberg's Starr Indemnity & Liability Co. is one of 18 companies approved ...
Ackermann Quits Siemens, Dismisses Influence in CFO Suicide
Josef Ackermann said he will step down as deputy chairman of Siemens AG's supervisory board and dismissed the idea that he had any bearing on the suicide of the finance chief at Zurich Insurance ...