Different sources said last Friday Prudential Financial Inc. is leading the race to get two Japanese life insurers put on sale by American International Group (AIG) Inc. in a agreement owing to close next week. The two insurance companies are AIG Edison Life Insurance Co. and AIG Star Life Insurance. They were put on the [...]
Recently RSA Insurance Group has signed a framework agreement to acquire Direct Insurance Financial Investments’s 50% holding in Intouch Insurance Group, which is a joint venture with direct operations in Poland, the Czech Republic and Russia for GBP70 million in cash.
According to RSA Insurance Group, the proposed investment is dependable with its emerging markets’ strategy [...]
Last Wednesday, the Travelers Cos. Inc. Authority said it is providing $1.4 million to support St. Paul Public Schools district. School administrations are hailing the gift as a corporate model.
A large amount of the money from the St. Paul-based insurer will be used to extend the district’s Advancement via Individual Determination program down to the [...]
The insurance premiums for businesses continued a five-year trend of falling rates during the fourth quarter of 2008, but recently the data suggest a reversal of this trend may soon be underway. According to the RIMS Benchmark Survey, a survey of policy renewal prices as reported by North American corporate risk managers, the rates for [...]
On Monday, 5, January 2009 ICICI Prudential Life Insurance, India launched Health Saver, to help their consumers and meet the current healthcare expenses along with investing for future healthcare expenses. Additionally, Health Saver is the only health savings product which gives tax benefits under section 80D on the total premium paid.
Health Saver is the very [...]
