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The company was founded in 2006, with more than $1 billion in equity, by Robert Clements and his son John Clements, two long-time insurance investors. [ 7 ] [ 8 ] [ 9 ] Ironshore named Kevin Kelley as CEO in December 2008.
Lexington Insurance Company announced that they will discontinue home insurance, sending another 8,000 property owners to search for a new insurer. Lexington specialized in homes worth $1+ million and Citizens will only insure property values less than $700,000, so Citizens was not an option. [29]
Cynodon nlemfuensis, the African Bermuda-grass, is a species of grass, genus Cynodon, family Poaceae. [2] [3] It is native to Tropical Africa except West Africa, and widely introduced as a forage elsewhere; Hawaii, Texas, Florida, Mexico, Central America, the Caribbean, the Galápagos, South America, western and southern Africa, Saudi Arabia, Taiwan, the Philippines and Australia. [1]
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The company was founded in May 2000 by Robert Clements and Peter A. Appel, with Appel as President and CEO. [3] [4] The company's predecessor entity, Risk Capital Holdings had previously sold substantially all of the reinsurance operations of Risk Capital Reinsurance Co., its wholly owned subsidiary, to Folksamerica Reinsurance Co., and the surviving vehicle was the entity used to form Arch ...
The group's principal office is in Karachi and it has branch offices in Lahore, Islamabad, Faisalabad and Sialkot. AIG has been selling automobile insurance in Pakistan since 1949. In March 2010, New Hampshire Insurance became the first company in Pakistan to offer terrorism insurance, in collaboration with Allied Bank Ltd. [5]
With the failure of the parent company and the continuing recession in late 2008, AIG rebranded its insurance unit to 21st Century Insurance. [ 48 ] [ 49 ] On June 11, 2008, three stockholders, collectively owning 4% of the outstanding stock of AIG, delivered a letter to the Board of Directors of AIG seeking to oust CEO Martin Sullivan and make ...
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