Brand Management & Sales
Wells Media Launches Carrier Management Print Magazine
Wells Media Group Inc. has launched a new print publication, Carrier Management Magazine, for property/casualty (P/C) insurance executives. This magazine launch follows the spring debut of the ...
Islamic Finance Body Develops First Cross Border Market with $490 Million Sukuk
A consortium of central banks from Asia, the Middle East and Africa has taken a first step towards developing a cross-border market in Islamic financial instruments by issuing a $490 million sukuk. ...
People’s Insurance of China Profit Rises 53%
People's Insurance Company (Group) of China Ltd., parent of the nation's biggest non-life insurer, said profit rose 53 percent in the first half as investment and premiums income expanded. Net income ...
Old Mutual to Expand Products in Kenya As Sales Expected to Surge
Old Mutual Plc, the U.K.'s third- largest insurer by market value, expects to sell more life- insurance products and begin offering general coverage in Kenya, where premium income is expected to ...
Travelers to Exit Flood Insurance Write-Your-Own Program
The Travelers Companies said it plans to discontinue its participation as a Write-Your-Own (WYO) company in the National Flood Insurance Program. Travelers is selling its WYO policy renewal rights ...
Malaysia’s Shariah Scholars Face Jail for Bank, Insurer Breaches
The Malaysian law that exposes Shariah scholars to jail terms for rule breaches will ensure tighter compliance, in a market where the regulator has already made progress in unifying standards. Under ...
Detroit Bankruptcy Boosting Appeal of Insurance for Municipalities
Detroit's record bankruptcy may cost bond insurers more than $1 billion in claims. Yet the filing is also boosting the appeal of guaranteed municipal debt as the companies pledge to cover Motor City ...
Most Insurers Expect to Boost Revenues, Add Jobs in Next 12 Months: Survey
The majority of property/casualty insurers are expecting to hire more staff over the next 12 months, according to a survey from insurance recruiting firm The Jacobson Group and consulting firm Ward ...