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Arig turns in Q3 net loss

Arig, the Middle Eastern (re)insurer, announced a net loss of $10.8 m for the first nine months of 2007, down from a net profit of $10.3 in the first nine months of 2008. The group blamed "the global financial turmoil and the steepest fall in recent…

IAG outlines 2009 strategy after loss-making year

(BestWire) — Insurance Australia Group Ltd. said it is "on track" in its business improvement effort, coming off a loss-making fiscal year which saw the group rebuff a takeover attempt from larger rival QBE Insurance Group Ltd.

Healthcare package launched for the self pay market

Medical Care Direct (MCD) has launched Inclusive Healthcare, a new scheme for individuals who pay for private medical treatment themselves (self pay market). MDC said the aim will be to help them cut private medical bills and provide logistical, advisory…

Hub buys M&L International

Hub International, the US announced today that it has acquired M&L Insurance Services Corporation (M&L), a Thousand Oaks, California agency specializing in Employee Benefits for an undisclosed sum.

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