Aviva India ties up with India Post nationally to facilitate premium payment

Aviva Life Insurance and India Post today announced a nation-wide strategic partnership for National Premium Payment Service. Now, Aviva customers can make premium payments at any of the 8,294 computerized post offices across the country without any additional cost. The premium amount collected by the post offices will be transferred to Aviva through e-payment system of India Post. This service is available with immediate effect. Speaking on the occasion, TR Ramachandran, CEO and MD Aviva India, said: “The tie-up with India Post is part of our...  Lire la suite

Willis acquires 100% of its Argentina Businesses to form Willis Argentina S.A.

Willis Group Holdings, today announced that it has completed the purchase of 100 percent of the share capital of Herzfeld Willis S.A. (Retail operation) and Willis S.A. (Reinsurance operation) in Argentina. The business will now be known as Willis Argentina S.A. Terms of the transaction were not disclosed. Willis established a presence in Argentina in 1999 by acquiring 20 percent of Herzfeld & Levy, a leading national insurance broker, to become Herzfeld Willis, and setting up Willis S.A., a reinsurance company in which the Group took a 60...  Lire la suite

Zurich Latin America appoints Peter Rebrin as CEO

Zurich Financial Services Group announces the appointment of Peter Rebrin (47, Brazilian) to the position of CEO for Zurich Latin America, effective October 1, 2009. He has been serving as interim CEO for Zurich Latin America since Jaime Paredes stepped down in May 2009. In his new position, Mr. Rebrin is responsible for driving further profitable growth in Zurich’s General and Life insurance businesses in Latin America aimed at strengthening its customer-focused leadership throughout the region’s insurance market. This important strategic growth...  Lire la suite

Flagstone Re completes purchase of remaining stake in Flagstone Reinsurance Africa

Flagstone Reinsurance Holdings Limited announced today that it has reached an agreement to become the sole shareholder of Flagstone Reinsurance Africa Limited (FRA), previously called Imperial Re, by acquiring the remaining 35% share currently held by Imperial Holdings Limited. Based on the successful integration of all aspects of FRA into the Flagstone Group and the substantial progress made in terms of business development, Flagstone and Imperial have decided to accelerate the transition to full Flagstone...  Lire la suite