Property & Casualty Insurance
Post and Telecommunication Joint Stock Insurance Corp:Set up Au Lac Post Insurance Co at N7B Trung Hoa - Nhan Chinh Urban Area, Hanoi.To set up Trang An Post Insurance Co at Hanoi and Soc Trang Post Insurance Co at Soc Trang Province.Nguyen Truong Giang no longer served as chairman as of March 30.
Post and Telecommunication Joint Stock Insurance Corp:To set up four new subsidiaries.They are Dong Do Post Insurance Co in Hanoi, Hai Dang Post Insurance Co in Hai Phong City, Tay Bac Post Insurance Co in Hoa Binh Province and Nam Dinh Post Insurance Co in Nam Dinh Province.
Pena Verde SA de CV:Creates new unit with Lloyd's in London, United Kingdom.New unit called Patria Corporate Member Ltd is to provide insurance services within Lloyd's market.Insurances will be managed by Pembroke Managing Agency Limited of Ironshore Inc group.Patria Corporate Member Ltd will invest around 8.78 million pounds.
Euler Hermes SA:Announced the launch of Euler Hermes Energy.The new division will be led by seven industry professionals.
Post and Telecommunication Joint Stock Insurance Corp:Set up a new subsidiary, Ha Thanh Post and Telecommunication Insurance Co, on Aug. 12.
Post and Telecommunication Joint Stock Insurance Corp:Set up five new subsidiaries in May.They are PTI Thong Nhat Co at District 1, Ho Chi Minh City; PTI Thai Nguyen Co at Thai Nguyen City, Thai Nguyen Province; PTI Gia Lai Co at Pleiku City, Gia Lai Province; PTI Vung Tau Co at Vung Tau City, Ba Ria - Vung Tau Province and PTI Phu My Hung Co at District 3, Ho Chi Minh City.
- BRIEF-Colony NorthStar announces redemption of 8.75% series A cumulative redeemable perpetual preferred stock
- BRIEF-Commercial Vehicle Group expects to achieve previously disclosed $8 mln-$12 mln of annual savings from restructuring efforts
- GLOBAL MARKETS-Wall Street rises, dollar falls on Fed minutes; oil retreats