GlobalBridge,a Minneapolis-based provider of separately managed accounts for trust banks and wealth advisors, announced the selection of Pelorus Advisors as its exclusive provider of hedge fund operational due diligence.
Kelly Coughlin, CEO of GlobalBridge said, “Operational transparency and hedge funds are two terms we seldom see together. GlobalBridge has always insisted on full operations [...]

The list of Ward’s 50 top performing insurance companies was released by Ward Group, an operational consulting firm and leading provider of benchmarking and best practices services to the insurance industry.
Annually, Ward Group analyzes the financial performance of over 3,100 property-casualty insurance companies and over 800 life-health insurance companies domiciled in the United States and [...]

PRNewswire For the third straight year, ProAssurance Corporation has been recognized by The Ward Group as one of the 50 top performing property/casualty insurance companies in America.
The Ward Group identified the best performing property-casualty insurance companies in America by analyzing the financial performance of more than 3,000 insurance companies during the years 2004 to [...]

Universal Insurance Holdings, Inc, a vertically integrated insurance holding company, announced that it has been named to the Fortune Small Business magazine 2009 ‘FSB 100′ list of ‘America’s fastest-growing small public companies.’ Universal Insurance Holdings ranked #2 on the list, which can be found at the following Web address: http://money.cnn.com/magazines/fsb/fsb100/2009/full_list
According to Fortune Small Business, the [...]

Aetna announced that it has been selected by the National Business Group on Health (NBGH), a non-profit organization of large employers, as a Platinum winner for the 2009 Best Employers for Healthy Lifestyles awards. This is the fourth time in as many years that Aetna has been recognized by the NBGH for its commitment to [...]

In unpredictable economic and financial environment, directors and officers, now more than ever, realize the need for personal asset protection. Travelers Bond & Financial Products introduces its enhanced Broad Form PLUS+SM Directors and Officers Liability policy. When other sources of indemnity are unavailable or unable to respond, this policy offers superior personal asset protection for [...]

BWise, a global leader for governance, risk and compliance (GRC) software solutions and Tauw Group, engineers and consultants specializing in the improvement and management of the natural environment, built-up environment and infrastructure, announced today their partnership to bring joint services to the market. By joining forces, Tauw Group and BWise can help organizations realize better [...]

LGPI, the pension institution for local governments in Finland, has signed an agreement with Ortec Finance to license its Asset Liability solution for pension plans Ortec Finance PALM. The ALM solution enables LGPI to formulate ALM strategies based on Ortec Finance state of the art scenario generation, asset and liability methodologies. The selection of was [...]

PartnerRe announced that it has entered into definitive agreements to acquire PARIS RE a French-listed, Swiss-based diversified reinsurer. PartnerRe will exchange 0.30 of its common shares for each PARIS RE common share outstanding in a stock-for-stock transaction.
This acquisition is expected to add $1.7 billion in new shareholders’ equity to PartnerRe. Separately, PARIS RE is expected [...]

ET Solar Group Corp. a Nanjing-based solar farm EPC provider and integrated manufacturer of photovoltaic (”PV”) products including ingots, wafers, modules, and state-of-the-art dual-axis tracking systems, announced immediate provision of product liability insurance coverage for its PV module customers worldwide.
Arranged by Aon, world’s top insurance brokerage firm headquartered in New York, the cover is provided [...]