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Obama to inject $600 million boost to US health centers
President Barack Obama injected almost 600 million dollars on Wednesday into US health centers, saying the move would create jobs as well as provide...
World climate summit in Copenhagen
The world climate summit in Copenhagen is the 15th annual meeting of the 192 signatory states of the UN Framework Convention on Climate Change....
Swiss Re to provide an update about its cycle management, portfolio steering and risk management
Swiss Re’s Investors’ Day conference today will provide insight into some of the key drivers and processes behind its core business, focusing on cycle...
Zurich streamlines its legal structure
Zurich Financial Services Group announced today that it completed an important step in the rationalization of its Group holding legal entity structure.
As part of...
Scotland gets the best deal for car insurance
Scottish motorists pay the least for their motor insurance premiums in the UK, according to research from moneysupermarket.com1, which reveals the UK's hotspots for...
Bailouts for British banks hit 850 billion pounds
Britain's support for its banks has hit 850 billion pounds in the wake of the global financial crisis, a watchdog report said Friday, amid...
New car sales in Britain rose an annual 57.6 percent in November
Sales of new cars soared by 57.6 percent in November from sales at the same time last year, industry body the Society of Motor...
Irish government to establish a €10 million flood aid package
The Irish government is thinking of a new insurance scheme for people most at risk from flooding which could be established by the Government,...
UK car insurers to raise premiums 5%
UK car insurers will have to raise premiums by a further 5 percent to make up for lower investment returns this year, according to...
Swiss Re obtains $150 million of natural catastrophe protection through new Successor X programme
Swiss Re has obtained USD 150 million protection for North Atlantic hurricane, European windstorm and California earthquake through the Successor X catastrophe bond programme.
Swiss...
Lloyds boss, Archie Kane to be questioned over job losses
A bank chief will today face MSPs as part of a Holyrood probe into the future of jobs in the banking sector
Archie Kane of...
Equity swap allows AIG to cut 25 billion dollars in Fed debt
Bailed-out US insurance giant AIG said Tuesday it had agreed to provide an equity stake in two subsidiaries to the Federal Reserve in a...
Barclays renews general insurance deal with Aviva to provide home insurance until 2015
Aviva and Barclays are pleased to announce the renewal of their existing contract for Aviva to continue to be the sole provider of home...
Insurance proved its resilience throughout the crisis and is set for growth
Swiss Re’s economists predict that insurance and reinsurance will continue their recoveries in 2010, based on the assumption of a “U-shaped” recovery. Balance sheets...
Lloyds Banking Group to cut another 535 jobs
Britain's Lloyds Banking Group is set to cut another 535 jobs after deciding to close a customer support centre in southeast England at the...
JLT aquires HSBC Actuaries and Consultants and expand its UK employee benefits activities
JLT Group will strengthen its market position in UK Employee Benefits and add significantly to its expertise and capabilities through the acquisition of HSBC...
US Senate to kick off historic health care debate
The US Senate was poised to formally launch a historic and bitter debate Monday on sweeping legislation to overhaul the country's health care system,...
Six insurance companies on systemic risk list
The list includes six insurance companies – Axa, Aegon, Allianz, Aviva, Zurich and Swiss Re – which sit alongside 24 banks from the UK,...
Aviva announces new UK organisational structure and senior management team
Aviva today announces a new organisational structure and senior management team for its UK business with effect from 1 January 2010. Aviva previously announced...
Former AIG chief settles legal wrangle with insurance group
Insurance giant AIG said Wednesday it reached a settlement of all legal disputes involving the company and former chairman and chief executive Maurice "Hank"...
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