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Salary-cut insurance set to be launched
As layoffs and downsizing dominate the news and the world grapples with its greatest economic challenges, Bill Graham`s Salisbury Underwriting Services Inc. announced today...
Obama Health Plan May Be Out
Racing to regain control of the health-care debate, two top administration officials signaled Sunday that the White House may be willing to jettison a...
2009 British – American Business Council Award Goes to Aon
Aon Corporation, the global provider of risk management and human capital consulting services, today announced that it has been selected as a recipient of...
Insurer survey confirms desire to increase UK commercial premiums
Some 92% of underwriters expect motor insurance premiums for UK companies to increase in the first quarter of 2009, according to the Aon’s Market...
Top 20 UK riskiest towns for theft and burglary
Homes in London and Nottingham were the most likely in the UK to make a claim for theft or burglary on their home insurance,...
France and Germany out of recession
Germany and France enjoyed a shock return to economic growth in the second quarter of the year, data showed on Thursday, ending their recessions...
Lehman sues AIG for $9 million in CDS payments
Lehman Brothers Holdings Inc is suing American International Group for $9 million in payments the bank says it is owed from credit default swap...
President Barack Obama assailed insurance companies
President Barack Obama assailed insurance companies on Tuesday and scolded critics in a bid to overcome skepticism of a U.S. healthcare overhaul at a...
ING posts 2Q underlying net profit of EUR 229 million
Second Quarter 2009 underlying net profit of EUR 229 million shows improvement from underlying net loss of EUR -305 million in first quarter 2009...
Resolution Will Buy Friends Provident for $3 Billion
Friends Provident, a British insurance company, has accepted a revised bid from a buyout firm, Resolution, worth £1.86 billion ($3.1 billion) after rejecting two...
MassMutual sues insurers over Madoff
Tremont Group Holdings Inc. and other feeder funds to Bernard Madoff’s defunct investment advisory business have sued insurers, including a CNA Financial Corp. unit,...
Taiwan insurers report preliminary losses from typhoon morakot
According to the insurer's statement filed with the Taiwan Stock Exchange, the damages caused by the typhoon have "not led to a material impact...
Warning ! Rise of uninsured driver on the roads
The number of motorists getting behind the wheel uninsured has risen by a third (33 per cent) compared to 2008, according to research from...
RBS Insurance half year results declines
Royal Bank of Scotland Insurance has announced a £83m decline in operating profit to £217m for the first half of 2009
For RBS Insurance, insurance...
AIG reports profits for second quarter 2009
AIG today reported its first quarterly profit since the third quarter of 2007, as certain of its businesses stabilized and the company’s results reflected...
Giant Allianz’s operating profits fall
Allianz Group’s operating profit fall to €3.2bn (-34%) for the first half f 2009, compared to €4.9bn in the same period last year.
Property and...
Swine flu – Safety of pandemic vaccines
Some media reports that have expressed concern about the safety of vaccines for pandemic influenza. The public needs to be reassured that regurelatory procedures...
Tourists Warned Over Travel Insurance Fraud
Holidaymakers were warned today they face higher insurance costs and possible prosecution if they are caught making fraudulent travel insurance claims.
The Association of British...
Aviva reports £747 million profit for the first six months
Aviva reports £747 million profit and Builds Capital Strength and announces news plans for Delta Lloyd
Management actions deliver encouraging results
IFRS profit after tax £747...
Axa to cut 350 jobs
Axa UK will cut 350 jobs as part of a strategic review of its life and pensions business. The move was condemned by the...
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