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Sapiens to buy StoneRiver for $102m Sapiens International has agreed to acquire privately held StoneRiver for nearly $102m in cash, subject to certain adjustments.
Reinsurance > News
Former AIG CEO agrees to pay $9m to settle accounting fraud case By IBR Staff Writer
Maurice Hank Greenberg, the former CEO of American International Group, has agreed to pay $9m to settle a 12-year-old accounting fraud case.
Reinsurance > News Aetna enters into reinsurance arrangement with Vitality Re VIII Aetna has entered into a four-year reinsurance arrangement with Vitality Re VIII in line with its long-term capital management strategy.
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Aetna enters into reinsurance arrangement with Vitality Re VIII
Aetna has entered into a four-year reinsurance arrangement with Vitality Re VIII in line with its long-term capital management strategy.
Reinsurance > News
Everest Insurance announces partnership and mobile-enabled platform
Everest Reinsurance has partnered with industry veterans Glen and Todd Welch to form Salus Systems, a strategic alliance between the two firms that focuses on cutting sown workplace injuries.
Reinsurance > News
XL Catlin secures final approval to set up onshore reinsurance branch in India
XL Catlin’s reinsurance business group has secured final approval from the Insurance Regulatory Development Authority of India (IRDAI) to open XL Insurance Company (XLICSE)’s onshore reinsurance branch office in India.
Reinsurance > News
AIG, Berkshire Hathaway subsidiary partner on reinsurance agreement
American International Group (AIG) has entered into a binding term sheet with Berkshire Hathaway subsidiary National Indemnity Company (NICO) for an adverse development reinsurance agreement.
Reinsurance > News
XL Catlin hires new global head of placements for ceded reinsurance
XL Catlin’s P&C Underwriting Capital Management operation has appointed Anne Middleton to manage its ceded reinsurance placements globally.
Reinsurance > News
Grinnell Mutual Reinsurance selects Guidewire core and digital products
Grinnell Mutual Reinsurance Company has chosen Guidewire InsuranceSuite, Rating Management, Client Data Management, and Business Intelligence for InsuranceSuite as its platform for policy administration, billing, claims management, underwriting, rating, client data management, and analytics.
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