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A reciprocal inter-insurance exchange or simply a reciprocal in the United States is an unincorporated association in which subscribers exchange insurance policies to pool and spread risk. For consumers, reciprocal exchanges often offer similar policies to those offered by a stock company or a mutual insurance company.
The company was founded in 1935 as General Liability Office and changed its name to Menora Mivtachim Holdings in 2006. [2] It is headquartered in Tel Aviv, [2] and its products include "life assurance, health insurance, car insurance, business insurance and personal insurance."
MS Amlin Ltd is an insurer operating in the Lloyd's, UK, Continental Europe and Bermudian markets.Specialising in providing insurance cover to commercial enterprises and reinsurance protection to other insurance companies around the world, MS Amlin's shares were listed on the London Stock Exchange until it was acquired by Mitsui Sumitomo Insurance Group in February 2016.
Mid-Century Insurance Company became a subsidiary of the Farmers Insurance Exchange. Aside from the insurance coverage provided by the original three exchanges, Mid-Century offered insurance coverage for Inland marine , robbery, burglary, personal lines, plate glass, selected bonds, and floaters .
Chubb Limited is an American–Swiss [2] company incorporated in Zürich, and listed on the New York Stock Exchange (NYSE) where it is a component of the S&P 500. [3] Chubb is a global provider of insurance products covering property and casualty, accident and health, reinsurance, and life insurance and is the largest publicly traded property and casualty insurance company in the world. [4]
Argo's insurance subsidiaries are rated "A−" by AM Best. In 2017, the San Antonio Express-News wrote that "the company has made more than $1 billion in profit over the last decade as a mid-sized player in a niche field insuring complex or hard-to-price risks other insurers won’t touch." [2] It was listed on the New York Stock Exchange in ...
Erie Insurance Exchange began in 1925 when two salesmen for the Pennsylvania Indemnity Exchange, H.O. Hirt and O.G. Crawford, left to create their own insurance company.. In three months and 20 days, the two convinced 90 stockholders to invest using a hand-written business plan, raising $31,000 to begin their own auto insurance compa
AIA had planned to be listed company in Hong Kong Stock Exchange and Securities and Futures Commission on 3 April 2010. However, on 2 March 2010, Prudential PLC , a UK-based financial services and securities company, announced that it would buy AIA for US$35.5 billion. [ 6 ]