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Archive for September, 2011

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Bharti AXA Life Insurance will launch triple-benefit critical illness plan

Saturday, September 24th, 2011

New Delhi – Bharti AXA Life said that the plans included 13 critical illnesses under three broad groups. In addition, the insurance cover will be for up to three times the sum assured under the policy. On Thursday, Bharti AXA Life Insurance has made a foray into the health insurance segment with launching triple-benefit critical [...]

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Selective Insurance Group approves to get MUSIC from Montpelier Re US

Wednesday, September 21st, 2011

Selective Insurance Group is a New Jersey-based holding company for seven property and casualty insurance companies has approved to obtain Montpelier US Insurance Company (MUSIC), from Montpelier Re US Holdings. MUSIC has resulted $48m in gross written premiums from its commercial lines contract binding authority E&S business in 2010. Related PostsSelective Group Insurance reports earnings [...]

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Banks need write off some loans to Tepco

Wednesday, September 21st, 2011

Banks need write off some loans to Tokyo Electric Power Co., the new minister who responsible for power companies said. It made bond prices show creditors will have to share the bill for Japan’s nuclear crisis. The data show since June 28, contracts on Power Company are the most expensive relative to the global peers. [...]

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