International Insurance Coverage News

Non-life insurance profit up by 60pc in Q1 2011

Non-life insurance profit up by 60pc in Q1 2011

LAHORE: All listed non-life insurance companies of Pakistan have announced their Q1 2011 results citing impressive 60 percent growth in bottomline. Excluding a large jump of Rs255 million in earnings of Central Insurance, the sector profit growth come to 32 percent.

Published May 23, 2011.
Read more: Business Recorder

Allianz Suisse Selects Sapiens to Upgrade its Pension Systems

Allianz Suisse Selects Sapiens to Upgrade its Pension Systems

REHOVOT, Israel , May 18, 2011 /PRNewswire-FirstCall/ — Sapiens International Corporation N.V. (NASDAQ and TASE: SPNS), a global provider of innovative insurance software solutions and a member of the Formula Group (NASDAQ: FORTY and TASE: FORT), announced today that it has been selected to conduct a comprehensive upgrade of Allianz Suisse’ Pension system. The value of the project to Sapiens is …

Published May 18, 2011.
Read more: redOrbit

HCC Insurance Holdings to Participate on Panel at Goldman Sachs Insurance Symposium

HCC Insurance Holdings to Participate on Panel at Goldman Sachs Insurance Symposium

HOUSTON — HCC Insurance Holdings, Inc. today announced that HCC Chief Executive Officer John N. Molbeck, Jr. is scheduled to participate in a panel discussion at the Goldman Sachs Inaugural Insurance Symposium in New York, New York.

Published May 12, 2011.
Read more: GlobeNewswire via Yahoo! Finance