Daily Archives: May 21, 2015

Amlin Reports 1.4% Drop in Q1 Gross Written Premiums to $1.96 Billion

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Zurich Aims to Cut Costs by $1B, Seeking to Reverse Earnings Decline

Zurich Insurance Group AG, Switzerland’s biggest insurer, will cut costs by more than planned as it seeks to reverse a drop in earnings. Chief Executive Officer Martin Senn said he will make additional annual savings of at least $1 billion by …

The article Zurich Aims to Cut Costs by $1B, Seeking to Reverse Earnings Decline appeared first on Insurance Journal.

Thu, 21 May 2015 11:13:49 +0000
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BP Settles Gulf Oil Spill Cross Claims with Halliburton, Transocean

BP Plc has settled with oilfield services provider Halliburton Co. and contract driller Transocean Ltd. cross claims related to the 2010 Gulf of Mexico oil spill, the worst offshore disaster in U.S. history. BP still faces a potential fine of …

The article BP Settles Gulf Oil Spill Cross Claims with Halliburton, Transocean appeared first on Insurance Journal.

Thu, 21 May 2015 10:38:33 +0000
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Prosecutors Say Ex-Security Guard Helped Thieves in Kentucky Bourbon Theft Ring

The alleged head of a bourbon theft ring recruited a security guard and paid her $800 to look the other way as thieves spirited away thousands of dollars’ worth of whiskey from a Kentucky distillery, prosecutors said this week. Leslie …

The article Prosecutors Say Ex-Security Guard Helped Thieves in Kentucky Bourbon Theft Ring appeared first on Insurance Journal.

Thu, 21 May 2015 05:14:37 +0000
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NFP Acquires Horenberg Insurance Services in Maryland

NFP, a New York City-based provider of employee benefits, property/casualty insurance, retirement and wealth management services, announced it has acquired Horenberg Insurance Services Inc., an independent agency in Burtonsville, Maryland. Terms of the transaction were not disclosed. NFP said the …

The article NFP Acquires Horenberg Insurance Services in Maryland appeared first on Insurance Journal.

Thu, 21 May 2015 16:57:59 +0000
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Amlin Reports 1.4% Drop in Q1 Gross Written Premiums to $1.96 Billion

London-based Amlin plc reported gross written premium for the three months ended March 31, 2015 of £1.26 billion ($1.96 billion), compared with £1.27 billion ($1.97 billion) reported for the said period in 2014. At constant rates of exchange, gross written …

The article Amlin Reports 1.4% Drop in Q1 Gross Written Premiums to $1.96 Billion appeared first on Insurance Journal.

Thu, 21 May 2015 10:05:18 +0000
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