Israel
AIG acquires remaining stake in Israeli JV
American International Group has reached an agreement with Aurec Gold Investments to acquire the remaining 49.99% interest in AIG Israel Insurance Company.
Top five Asian news stories
The top five Asian news stories from www.insuranceinsight.com over the past seven days.
Israeli bank could sell whole Migdal stake
Israeli bank Leumi has begun selling its nearly 10% stake in Migdal Insurance and Financial Holdings to institutional investors, Reuters said on Thursday, quoting a market source.
Migdal sale provides liquidity boost for Generali
Generali has completed the sale of its 69.1% share in Migdal Insurance and Financial Holdings to Eliahu Insurance Company for €705m.
Top five Asian news stories
The top five Asian stories from www.insuranceinsight.com over the past seven days
Generali reaches new agreement to sell Israeli Migdal
The Generali Group has reached a new agreement to sell its entire 69.13% stake in Israeli firm Migdal Insurance and Financial Holdings to Eliahu Insurance Company.
Middle East unprepared for 'inevitable' major earthquake
The Middle East could be staring down the barrel of a huge earthquake that would leave tens of thousands dead and destroy hundreds of thousands of homes, according to seismologists.
S&P puts five MENA countries on negative watch
Standard & Poor's has put Bahrain, Egypt, Jordan, Oman, and Tunisia on negative outlook, indicating a one-in-three chance it will lower their soverign ratings.
Generali sells 69.1% of Israeli Migdal for €835m
The Generali Group has agreed to sell its entire 69.1% holding in Migdal Insurance and Financial Holdings to Shlomo Eliahu, founder and controlling shareholder of the Israeli financial Group Eliahu.
Iran's nuclear ambition heightens risk to investors
Country economic risk and currency incontrovertibility and transfer risk remain key concerns for Iran, according to JLT’s head of credit and political risk analysis, Elizabeth Stephens.
BWise and LiBi to join forces in Israel
BWise, governance, risk and compliancemanagement software solutions specialist, has entered into a partnership agreement with business intelligence firm LiBi Software Technology in Israel.
Brokers Link premium breaks $14bn with eight new members
Independent broker network Brokers Link has increased its members’ managed premium volumes to over $14bn with new representation in Israel, Indonesia, South Korea and Caribbean.
AIR updates European wind and earthquake CAT models
Catastrophe risk modeling firm AIR Worldwide has released updates to its Extratropical Cyclone and Earthquake Models for Europe.
Howden to acquire Israeli broker
Howden Israel has reached an agreement to acquire Davidoff Insurance Brokers.
Howden to acquire Israeli broker
Howden Israel has reached an agreement to acquire Davidoff Insurance Brokers.