PZU SA, Poland’s biggest insurer, is in talks to buy two banks to form one of the nation’s largest lending groups after agreeing to acquire a stake in Alior Bank SA for 1.63 billion zloty ($431 million). “We want to …
The article Insurer PZU Seeks to Create Top Polish Bank after $431 Million Deal appeared first on Insurance Journal.
The brokerage unit of Chinese financial firm Shenwan Hongyuan Group Co Ltd will stop lending money to clients to buy shares in Ping An Insurance Group, the latest move in China’s drive to tighten margin financing rules to curb stock …
The article China Broker Says Clients Can No longer Borrow to Buy Ping An Shares appeared first on Insurance Journal.
RSA announced that it has promoted Ralph Daals to the role of Group Chief Auditor with immediate effect. He will report to Stephen Hester, Group Chief Executive, and Alastair Barbour, Chair of the Group Board Audit Committee. Daals will also …
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A special report from A.M. Best notes that “for publicly traded reinsurance companies, stock prices ended the first quarter of 2015 well above the overall market, driven by the continued benign loss environment and strong performance by the largest four …
The article Best’s Special Report Sees Continuing Reinsurance Industry Challenges appeared first on Insurance Journal.
Indiana is training 300 prisoners to kill infected chickens and banning bird shows at county fairs. Mississippi is considering road barricades and planning biosecurity measures. Iowa is trying to figure out how to deal with a mountain of dead – …
The article What States Are Doing to Battle Bird Flu Threat appeared first on Insurance Journal.
A prototype of the massive solar-powered drone Google Inc. plans to build as a platform for delivering Internet service from the sky was destroyed in a crash at a New Mexico test site. The unmanned Solara 50 fell to the …
The article Google Drone Prototype Crashes appeared first on Insurance Journal.
The Federal Emergency Management Agency (FEMA) last week sent out its first round of letters to the National Flood Insurance Program (NFIP) policyholders who filed Superstorm Sandy-related claims, offering them a chance to have their claims reviewed — and FEMA …
The article FEMA: Nearly 1,000 Sandy Claimants Signed Up for Claims Review So Far appeared first on Insurance Journal.
