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Blackcomb Consultants Records Its Most Successful Year in Business

October 11, 2018December 4, 2020 PR Article

2018 Revenue Results, New Client Additions and Successful Launch of New Service Offerings Propel Company into Next Phase of Growth Chicago, IL October 11, 2018 – Blackcomb Consultants, an international consulting firm and enterprise technology partner for Property and Casualty insurers, announced that 2018 will be the company’s most successful year ever. CY 2018 revenue will be at its highest level in the company’s history, and double digit growth is forecasted to continue in 2019. The company has grown its aggregate client base to 30+, and has completed over 40…

ING Group wins more time to divest in insurance businesses

November 21, 2012November 20, 2012 S.Vagus

ING Group awarded time by the European Commission for divestment efforts The ING Group, one of the world’s largest financial services companies, has been working to divest its insurance operations over the past several months. The company has been met with several challenges in this task and has petitions the European Commission, the legislative arm of the European Union, for more time, a request that has been granted this week. The European Commission had originally set a deadline for the company it divest its insurance businesses by the end of…

HSBC EXPANDS INSURANCE BUSINESS INTO BEIJING

October 25, 2011February 16, 2014 Guest Author

HSBC Life Insurance Company Limited (HSBC Life), a 50:50 joint venture between HSBC Insurance (Asia) Limited and Beijing-based The National Trust Limited, marked the official launch of its insurance operations in Beijing in a ceremony held today after receiving a licence to offer HSBC insurance products in the city recently. HSBC Life has been operating in Shanghai since August 2009. HSBC’s expanded insurance presence in China will enable HSBC and Hang Seng Bank customers across a combined 14 outlets in Beijing to access a comprehensive range of HSBC insurance solutions…

How will new health reform laws affect workers comp sector

April 16, 2011 H. Cutner

Members of the Casualty Actuarial Society recently attended a conference concerning the effect the new health reform bill could have on the casualty and property industry. Several concerns over possible effects on the worker compensation system were put to rest, and possible results on lowering medical malpractice suits were discussed. Because worker compensation medical claims are a part of the overall rise in healthcare, many have been concerned about possible changes under the new reform bill. After the statistics were broken down though, there didn’t seem to be much to…

International insurance business reports good outlook

March 10, 2011 S.Vagus

Ageas, a Belgium based insurance company, is predicting financial gains in 2011 after experience severe declines in profits in the previous year. The company cites the sale of its non-core businesses and clever investments in growing sectors as key contributors to improved financial performance this year. Ageas operates as AG insurance in Belgium and provides insurance to Tesco, the prominent supermarket chain in Britain. The insurer reports that earnings on life insurance fell by 9% in 2010. This is due, in part, by a tax benefit established in 2009. Non-life…