Home Featured
Featured
Medicaid patients half as likely to survive cancer in the U.S.
Cancer patients on Medicaid, a US public medical cover, survived less time than people with private or no insurance, new data shows.
The research, which...
Liberty Syndicates appoints new head of Business Advisory team
Liberty Syndicates, a member of Liberty Mutual Group, has appointed Rene Dubois to lead its Business Advisory team.
Rene will be taking over the role...
Insurers may face damages for slow claims payments
A proposal has been made for a law to require insurers to pay legitimate claims promptly or face damages. Under the proposed law, insurers...
European insurers worse off now than 6 months ago
European insurance companies are more exposed to financial risk than at the beginning of 2011, a report showed today.
In it's twice yearly report on...
IAG : AmG to acquire Kurnia Insurans
Insurance Australia Group has confirmed rumors that it plans to purchase Malaysia's Kurnia Insurans.
In a statement released today, the Australian insurance giant announced that...
Swiss Re : Thailand floods to cost insurers USD 10 billion
As the waters in Thailand begin to recede, the cost for insurers is becoming more clear. Swiss Re has estimated that floods, which caused...
Guest Post : What are today’s challenges selling travel insurance?
Recent years have witnessed unforeseen natural disasters, political upheaval in North Africa and appalling weather conditions affecting travellers across Europe. Yet, in what would...
China : may open auto insurance market to foreign companies
According to the chairman of the Insurance Association of China, the country is ready to open to foreign insurance companies its mandatory auto insurance...
Munich Re : profits down in third quarter
Natural catastrophes, exchange rate volatility and the Euro-zone debt crisis hit Munich Re’s earnings in the third quarter.
Munich Re said in a statement its...
Europe : UK insurance market is first in Europe
According to the European insurance and reinsurance federation, or the CEA (Comité Européen des Assurances) Europe is in first place in the global insurance...
Axa / Interbrand : ranks as first global insurance brand and fourth French company
Interbrand has ranked 100 brands by assessing divers elements going from retaining talent to delivering customer expectations. Axa holds ranked 53, and is the...
US threatens sanctions on China banks over Iran
A top US envoy said Wednesday that Washington could penalise China's four biggest state banks if they were found doing business with an Iranian...
End of life costs rise underlining need for life insurance
The cost of dying has risen by 61 per cent in seven years, according to a new survey by insurer Sun Life Direct.
A lack...
Munich Re : sees January 2012 renewal rates rise slighlty
Munich Re’s board member Torsten Jeworrek announced contract rates should rise for the renewal period of January 2012 when compared to 2011.
For instance, rates...
OFT : launches investigation into car insurance costs
The Office of Fair Trading (OFT) has announced it is launching a major investigation into the rising cost of car insurance.
The OFT said it...
Credit default swaps for France, Italy hit record highs
Insurance against credit defaults by France and Italy reached record high levels on Monday as investors worried about the difficulty faced by countries across...
A new aggregator to arrive in the UK
According to the French daily Les Echos, French mutual companies regrouped under the name Covéa, which includes GMF, MMA and MAAF, will soon strengthen...
HSBC : fails to meet PPI complaint deadline
Banking giant HSBC confirmed yesterday that it was going to miss the Financial Services Authority’s (FSA) deadline of 31 August, for dealing with complaints...
Featured : insurers escape the worst of Hurricane Irene
Global insurance companies have got off relatively lightly with Hurricane Irene and it is just as well because their earnings this year were already...
Greece : no bond swap if low participation
Greece says it will not proceed with a proposed bond swap deal if private participation in the program falls short of a minimum 90%...
Prev
