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Multiline Insurance & Brokers

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Gjensidige Chairman Inge Hansen to step down in 2018

Tuesday, 17 Oct 2017

Oct 17 (Reuters) - Gjensidige Forsikring Asa :Gjensidige forsikring asa: Chairman of the Board Inge K. Hansen do not seek re-election in 2018.‍Hansen has been chairman of board at Gjensidige since 2008​.‍Nomination committee will immediately start process to find Hansen's successor​.

HUB International acquires assets of Graffam Insurance Group

Tuesday, 17 Oct 2017

Oct 17 (Reuters) - HUB International Ltd [RIC:RIC:HBINT.UL]:HUB International acquires the assets of Maine-based Graffam Insurance Group LLC.Terms of acquisition were not disclosed​.

Canadian Solar partners with Menora Mivtachim on solar projects in Israel

Tuesday, 17 Oct 2017

Oct 17 (Reuters) - Canadian Solar Inc :Canadian Solar partners with Menora Mivtachim to invest in solar power projects in Israel.Canadian Solar - $60 million expected to be raised from Menora Mivtachim, Canadian Solar, with each party contributing equal investment amount​.Canadian Solar Inc - ‍joint venture will finance solar projects awarded by Israeli Electricity Authority under solar power tenders​.Canadian Solar Inc - co's unit and a few subsidiaries of Menora Mivtachim Holdings entered into a joint venture agreement​.

India's ICICI Lombard General Insurance Sept-qtr PAT rises

Tuesday, 17 Oct 2017

Oct 17 (Reuters) - ICICI Lombard General Insurance Company Ltd ::Sept quarter PAT 2.04 billion rupees versus 1.71 billion rupees year ago.Sept quarter net premium earned 18.11 billion rupees versus 16.30 billion rupees year ago.

ASN broker PCL appoints Vanchanog Varunaprabha as acting CFO

Tuesday, 17 Oct 2017

Oct 17 (Reuters) - ASN Broker Pcl :Appoints Vanchanog Varunaprabha as acting CFO .Churaiporn Liamtrakoolpanich resigns as CFO ‍​.

Brown & Brown announces Q3 revenues of $475.6 mln

Monday, 16 Oct 2017

Oct 17 (Reuters) - Brown & Brown Inc :Brown & Brown Inc announces quarterly revenues of $475.6 million, an increase of 2.9 pct, and earnings per share of $0.53.Q3 earnings per share $0.53.Q3 revenue rose 2.9 percent to $475.6 million.Q3 earnings per share view $0.49 -- Thomson Reuters I/B/E/S.Q3 revenue view $475.8 million -- Thomson Reuters I/B/E/S.

Ageas SA says no agreement reached on Fortis settlement

Monday, 16 Oct 2017

Oct 16 (Reuters) - Ageas SA - :‍Update on negotiations amended Fortis settlement​.‍No agreement has been reached yet and therefore an extension of filing period was requested to court​.‍To reach such an amended settlement, Ageas has decided to make a final additional effort of EUR 100 million​.

AMWINS GROUP TO ACQUIRE MULTIPLE INSURANCE PROGRAMS FROM WILLIS TOWERS WATSON

Monday, 16 Oct 2017

Oct 16 (Reuters) - Amwins Group::AMWINS GROUP, INC. TO ACQUIRE MULTIPLE INSURANCE PROGRAMS FROM WILLIS TOWERS WATSON.‍TERMS OF TRANSACTION WERE NOT DISCLOSED.REACHED DEFINITIVE AGREEMENT TO ACQUIRE 15 INSURANCE PROGRAMS FROM WILLIS TOWERS WATSON​.

NATIONAL GENERAL SAYS ‍EXPECTS Q3 RESULTS TO INCLUDE $25-$30 MLN IN LOSSES FROM HURRICANE IRMA

Monday, 16 Oct 2017

Oct 16 (Reuters) - National General Holdings Corp ::NATIONAL GENERAL HOLDINGS CORP. TO ANNOUNCE 2017 THIRD QUARTER RESULTS ON NOVEMBER 8, 2017; ESTIMATES LOSSES FROM HURRICANES IRMA AND MARIA.‍EXPECTS Q3 RESULTS TO INCLUDE $25-$30 MILLION IN LOSSES FROM HURRICANE IRMA AND $5 MILLION IN LOSSES FROM HURRICANE MARIA​.TOTAL NET HURRICANE LOSSES FOR QUARTER, INCLUDING DISCLOSED LOSSES FROM HURRICANE HARVEY OF $25-30 MILLION TO IMPACT Q3 BY $55-65 MILLION​.

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