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Friends' Provident Insurance was a banking institution founded in 1832 to serve the needs of the Society of Friends (Quakers). Based in Bradford, Yorkshire, it concentrated on sickness and annuity policies until its life fund acquired Century Insurance in 1918, expanding into general insurance. The restriction to Quaker membership was an increasing constraint but the ties were substantially reduced by the Friends' Provident Institution Act 1915. Although Century's branch network enabled FPI to expand, the periodic underwriting losses strained the life fund's capital base and Century was sold in 1975. In the year 2000, Friends Provident demutualised and listed on the FT100 Index. After abortive takeover negotiations, Friends accepted a takeover bid from Resolution Limited in 2009.
Tokio Marine & Nichido Fire Insurance Co., Ltd., commonly called Tokio Marine Nichido, is a property/casualty insurance subsidiary of Tokio Marine Holdings, the largest non-mutual private insurance group in Japan. Tokio Marine Holdings was formerly known as Millea Group, which underwent a name change in July 2008. Its headquarters are in Marunouchi, Chiyoda, Tokyo.
Axa XL is an American subsidiary of global insurance and reinsurance company Axa. It is headquartered in Stamford, Connecticut, domiciled in Hamilton, Bermuda, and has more than 100 offices on 6 continents.
Samsung Fire & Marine Insurance is an insurance company based in Seoul, South Korea. Incorporated on January 26, 1952, under the name of "Korea Anbo Fire Marine Reinsurance Co.", the company changed its name to Samsung Fire & Marine Insurance Co., Ltd., in December 1993, after its takeover by Samsung Group dated back to 1958. Samsung Fire & Marine Insurance, SFMI in short, is operating property and casualty insurance business and third-party insurance business defined by the Korea Insurance Business Act, while engaging in providing financial services and instruments approved by relevant laws and regulations including the Korea Financial Investment Services and Capital Markets Act. Its business portfolio consists of automobile insurance, long-term insurance, general insurance, enterprise risk management, annuities, etc. As of the end of 2015, Samsung Fire & Marine Insurance has seven overseas subsidiaries in Indonesia, Vietnam, China, Brazil, Europe, US, and Singapore.
Royal Insurance Holdings plc was a large insurance business originating in Liverpool but based in London from the early 20th century. It merged with Sun Alliance in 1996 to form the Royal & Sun Alliance Insurance Group.
General Accident plc was a large insurance business based in Perth, Scotland. It merged with Commercial Union in 1998 to form CGU plc.
Commercial Union plc was a large insurance business based in London. It merged with General Accident in 1998 to form CGU plc.
The history of insurance traces the development of the modern business of insurance against risks, especially regarding cargo, property, death, automobile accidents, and medical treatment.
The Holdings of American International Group include the operating entities and subsidiaries of insurance conglomerate American International Group (AIG) that operates in over 130 countries. The company's business consists of four core areas: General Insurance, Life Insurance & Retirement Services, Financial Services and Asset Management.
Aviva Group Ireland plc is the Irish arm of British insurance firm Aviva plc. Its headquarters are in Dublin. The company also provides investment management and pension services. Hoover's reports that Aviva is the largest general insurer in Ireland, with a market share of more than 20 per cent. The company also has a majority shareholding in Aviva Health Insurance.
Intact Financial Corporation is a Canadian multinational property and casualty insurance company. Originally established in 1809 as the Halifax Fire Insurance Association, it was later acquired by Nationale-Nederlanden and from 1993 to 2009 was a subsidiary of the Dutch multinational ING Group under the name ING Canada. Intact Financial directly underwrites insurance through its subsidiary companies Intact Insurance and Belair Insurance, as well as operating additional brokerage, insurance service, and damage restoration subsidiaries. As of 2017, Intact was the largest provider of property and casualty insurance in Canada by annual premiums.
National Insurance Company Limited (NICL) is a central public sector undertaking under the ownership of the Ministry of Finance, Government of India. It is headquartered at Kolkata and was established in 1906 by Gordhandas Dutia and Jeevan Das Dutia. National Insurance company and Asian Insurance company was nationalised in 1972. Its portfolio consists of a multitude of general insurance policies, offered to a wide arena of clients encompassing different sectors of the economy. Apart from being a leading insurance provider in India, NICL also serves in Nepal.
David Sassoon & Co., Ltd. was a trading company operating in the 19th century and early 20th century predominantly in India, China and Japan.
Gibb, Livingston & Co., known in Chinese as Jinkee or Renji, was one of the most important and best-known foreign trading firms in China in the late 19th and the first half of the 20th century.
Shewan, Tomes & Co. was one of the leading trading companies in Hong Kong and China during the late 19th and early 20th century.
The Sun Fire Office, later Sun Insurance, was founded in London in 1710 and developed into a leading international insurance business. In 1959, Sun Insurance merged with Alliance Assurance to form Sun Alliance.
London Assurance was an English insurance company founded in 1720, in the midst of the South Sea Bubble speculation. It was acquired by Sun Alliance in 1965 to form the Sun Alliance and London.
British & Foreign Marine was one of the leading marine insurers in Liverpool, England in the second half of the nineteenth century, at one point claiming to have the largest reserves of any marine insurer in Europe. It was acquired by Royal Insurance in 1909 but continued as an independent entity for several decades.
References
- 1 2 3 4 "North British and Mercantile Insurance Co Ltd". Aviva. Archived from the original on 8 August 2014. Retrieved 5 October 2010.
- ↑ "1868 – North British & Mercantile Insurance Co, College Green, Dublin". Archiseek - Irish Architecture. 11 March 2013. Retrieved 6 December 2022.
