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The purchase is a strategic acquisition by The Hartford’s group life and accident insurance businesses, according to Richard Mucci, executive vice president of The Hartford’s Group Benefits Division.
EasyMoney, one of the brands in Stelios Haji-Ioannou’s ‘easy’ empire, will launch its car insurance product later this year. By selling an un-bundled insurance policy, the company said
Standard Management’s chairman and CEO, Ronald Hunter, explained that the agreement was the culmination of a 16-month negotiation process. The company is expected to use a portion of
HHG said that it has now entered into an amended agreement that will see Osmand’s Life Company Investor Group (LCIG) pay GBP1.07 billion, having originally agreed to sell
Aon stock improved $1.97, or 8.7%, to $24.52. The positive outcome was a result of Aon beating analyst predictions that it would suffer greater losses, in the wake
ATMSafe is an insurance program that addresses cardholders’ concerns about safety and security when using stored value cards at an ATM. ATMSafe and its international insurance companies will
Net income for the full year 2004 increased 19.1% to a record $11.05 billion or $4.19 per share, compared to $9.27 billion or $3.52 per share in 2003.
The new product from ACE comes close on the heels of the storm season of last year which was one of the worst in living memory. Four storms
The plan, which already covers 39,000 people and has a waiting list of over 100,000, is designed to ensure that those who cannot afford health insurance are still
Following local authority approvals, the company, which is headed by CEO Didier Boussemart, will have 300 employees, 10 offices region-wide and a premium income of over $100 million.