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Willis Re announces a series of management and organizational changes
Willis Re, the reinsurance arm of global insurance broker Willis Group Holdings Limited, today announced a series of management changes and a new organizational...
UK non-life run-off market increases by a third
Total liabilities of the UK non-life run-off market increased by approximately 30% to an estimated £37.4bn in 2008, up from £28.3bn in 2007. This...
AIG to pay incentives under U.S Treasury Department pressure
The U.S. Treasury Department is pushing AIG to cut big pay incentives it claims were needed to keep staff, but which have stoked a...
Willis Publishes 2010 Analysis and Commentary on U.S. Insurance Industry
Willis Group Holdings, the global insurance broker, today published the 2010 edition of its Marketplace Realities and Risk Management Solutions report, the company’s long-standing...
Critical illness cover : all you need to know
What is Critical illness cover ?
Critical illness cover (CIC) is a long-term insurance policy designed to pay a lump sum on the diagnosis of...
Lloyds could have to pay £1 billion to avoid debts insurance
Lloyds Banking Group could have to pay more than £1 billion to avoid taxpayer-backed insurance for its toxic debts, it has been reported.
The bank...
AIG sells Taiwan unit to Primus Financial Holdings for £2.15 billion
AIG said Tuesday it would sell its Taiwan unit for 2.15 billion US dollars as the insurance giant raised money to pay off a...
How to complain about your insurance product
If you're unhappy with a financial product or advice you've received you can complain. Firms regulated by the Financial Services Authority (FSA) must have...
Seasonal flu – Remember to get your annual flu jab
This year’s annual seasonal flu vaccination campaign was launched today by the Department of Health.
The campaign will encourage people who are at risk of...
Payment Protection Insurance : summary
What does PPI cover?
What the insurance covers will vary depending on the sort of repayments the policy is designed to protect, and on the...
Sanofi-Aventis H1N1 vaccine robust immune response
Results of clinical trials held in Europe show that one dose of Sanofi Pasteur's H1N1 flu vaccine triggers a robust immune response in most...
All you need to know about flood and natural disaster insurance
As heavy rain hits western England there are fears amongst families and business of a repeat of the devastating flooding of July 2007.
There...
A quarter of Brits drivers break the law to cut costs
In this economic climate everyone is trying to save money wherever possible, but cutting costs on certain things can be dangerous, against the law...
New research reveals that colds and flu could put UK motorists at risk
As the UK braces itself for winter to take its toll on the health of the nation, new research out today reveals that colds...
Key vote set for US health care reform
President Barack Obama's health reform drive got a shot in the arm Thursday as a Senate panel scheduled a key vote and the House...
Questions / Answers – How do you know you have the flu ?
Vaccination programs against H1N1 swine flu are under way in the United States, China and Australia and will begin soon in parts of Europe.
As...
Financial services industry and FSA agree a package to help MPPI customers
The Association of British Insurers (ABI), the British Bankers Association, the Building Societies Association and the Council of Mortgage Lenders have reached an agreement...
Lloyds Banking Group considering £15 billion rights issue
Part-nationalised British lender Lloyds Banking Group is sounding out investors about a 15 billion pound ($23.81 billion) rights issue to help it avoid a...
How insurance works
The amount you pay for insurance will be based on the information you give the insurance company (the underwriter) and the type of risk...
Brokers to offer competitive prices through Aviva’s sophisticated pricing system (Insurecom)
Brokers can now offer customers personal lines products that are more price competitive with the direct insurance marketplace.
By drawing upon Aviva’s underwriting expertise in...
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