Aug 11 (Reuters) - CNP ASSURANCES ::CAIXA SEGURIDADE TO NOT RENEW EXISTING DISTRIBUTION AGREEMENT IN BRAZIL FOR PRODUCTS OF THEIR MUTUAL SUBSIDIARY.CURRENT CONDITIONS OF DISTRIBUTION AGREEMENT WILL REMAIN UNCHANGED UNTIL ITS DISSOLUTION IN FEB 2021.AGREEMENT TO END BY 14 FEBRUARY 2021.EXISTING DISTRIBUTION AGREEMENT IS FOR PRODUCTS OF MUTUAL SUBSIDIARY CAIXA SEGUROS VIA CAIXA ECONOMICA FEDERAL NETWORK.
July 5 (Reuters) - AGEAS SA : :FELIX GIORGETTI AND AG REAL ESTATE SIGN 30-YEAR DESIGN, BUILD, FINANCE AND MAINTAIN AGREEMENT TO DEVELOP GOODYEAR’S GLOBAL INNOVATION CENTER AND OFFICE BUILDINGS.NEW BUILDING PLANNED TO BE READY BY BEGINNING OF 2020.
July 3 (Reuters) - UNIQA INSURANCE GROUP AG ::SHAREHOLDERS' AGREEMENT AMONG MAJOR SHAREHOLDERS (COMPANIES OF UNIQA GROUP, COMPANIES OF RAIFFEISEN-HOLDING NÖ-W GROUP, HASELSTEINER FAMILIEN-PRIVATSTIFTUNG, MR. DR. HANS PETER HASELSTEINER AND RASPERIA TRADING LIMITED) OF STRABAG SE EXTENDED.SHAREHOLDERS' AGREEMENT WAS EXTENDED BY A TERM OF FIVE YEARS UNTIL 31 DECEMBER 2022.IN ANY CASE, PARTIES ARE STILL FREE TO TERMINATE CONTRACT PREMATURELY BY MUTUAL AGREEMENT.MAJOR SHAREHOLDERS OF STRABAG SE DID NOT EXERCISE THEIR TERMINATION RIGHT WITH RESPECT TO SHAREHOLDERS' AGREEMENT CONCLUDED AMONG THEM AS PER 31 DECEMBER 2017.
June 20 (Reuters) - Randall & Quilter Investment Holdings Ltd :Has written a loss portfolio transfer reinsurance contract.Contract to cover livery, trucking, and contractors' liability programs issued between 2007 and 2015 by a California-based insurance group.Estimated undiscounted liabilities assumed are c. $43m.R&Q worked in conjunction with Willis Re to successfully complete this transaction.
Asr Nederland NV : Boatmen's Pension Fund awards 100 million euros ($106.02 million) investment mandate to a.s.r. Asset Management . 65 percent of SPRH's mandate to a.s.r. consists of fixed-income securities (government and corporate bonds and interest rate overlay) .Remaining 35 percent of other asset classes, particularly equities..
Protector Forsikring ASA : Receives Tri-Borough Property And Liability (Casualty) contract .Insurance contract has a duration of 5 years.
Msg Life AG : Receives major order to implement msg.life factory and key components of msg.insurance suite . UNIQA Insurance Group signed a contract today with IBM Oesterreich GmbH - which has in turn engaged msg life central europe gmbh as a subcontractor - to introduce policy management system msg.life factory along with key components of the msg.Insurance Suite as the central management platform for UNIQA's life insurance business .For msg life, contract is worth around 30 million euros ($31.40 million) in total.
Randall & Quilter Investment Holdings Ltd : Has entered into an underwriting agreement with East Coast Surety Agency, LLC ("ECS") a subsidiary of CB Holdings Group, inc .Under terms of agreement, ASC will retain a small percentage of underwriting, supported by a very strong reinsurer panel.
Trakm8 Holdings Plc : Contract win . Initial supply contract comes with a launch order of 5,000 devices to start pipe filling for allianz insurance telematics in China . It is anticipated that manufacturing in Asia will take place as volumes increase. Trakm8, under a separate contract, will also develop specific software to meet requirements of Allianz . Has been awarded two initial contracts by Allianz, to supply devices with uniquely developed software to Allianz's global telematics business .Will provide latest generation 5 t10 micro self-fit telematics device, which initially will be manufactured in group's UK manufacturing facility.
Ageas SA:Announced on Monday that Towergate, Arista and Ageas signed new strategic partnership which sees Ageas provide capacity for £60 million ($85.45 million) each year for next five years.Deal also sees Ageas providing capacity for Towergate's Holiday Homes portfolio.