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Allianz : increasing number of clinical trials poses challenge for insurers
Allianz Global Corporate & Specialty (AGCS) recently held its annual one-day Clinical Trials Conference, addressing a number of vital issues and challenges that the...
Fitch Ratings : occupation not a proxy for gender in UK motor insurance
The AA British Insurance Premium Index released this week suggests insurers are putting more weight on factors other than gender, including occupation, now that...
IFB : fraudulent insurance claims criminal sentenced and jailed
Tariq Mehmood was sentenced to 12 months in prison at Harrow Crown Court on Friday (25 January 2013) for conspiracy to defraud and dangerous...
EIOPA : report on functioning of colleges of supervisors and action plan for 2013
The European Insurance and Occupational Pensions Authority (EIOPA) published its annual Report on the Functioning of Colleges of Supervisors and the Action Plan 2013.
According...
Allianz bank unit to be closed later this year
after the business has consistently failed to live up to expectations since it was set up in 2009.
Allianz said in a statement that it...
Swiss Re : better risk management can secure future energy supplies and reduce the impact of climate change
Swiss Re's latest report, Building a Sustainable Energy Future: Risks and Opportunities, describes the impact of the changing global energy mix on climate change....
Allianz : remains on full year profit target despite Hurricane Sandy
German insurance giant Allianz said it was sticking to its full-year profit forecast despite taking a hit of 455 million euros ($590 million) from...
AIG : sues New York Fed over lawsuit rights
American International Group has filed a lawsuit against an investment structure created by the Federal Reserve Bank of New York to help bailout the...
Willis Re: Superstorm Sandy Impacts Downwards Pricing Pressure on Reinsurers and Marine Classes Suffer Worst Year in Recent History at 1.1. Renewals
With natural catastrophe losses for 2012 estimated at fifty percent less than last year’s losses of USD 120 billion, most reinsurers are not facing...
EIOPA : publishes its second half year financial stability report
The European Insurance and Occupational Pensions Authority (EIOPA) has published its second half-year report for 2012 on the financial stability of the insurance and...
S&P : report says Solvency II could push European insurers away from securitizations
Relatively high capital charges for securitizations under the new Solvency II European insurance rules could lead European insurers to dramatically reduce exposure to the...
U.S. : implementation of Obamacare faces difficult road
President Barack Obama may have defeated opponents of his landmark health care law in the courts and at the ballot box, but the sweeping...
EIOPA : Methodology Report for Collecting, Analysing and Reporting on Consumer Trends
The European Insurance and Occupational Pensions Authority (EIOPA) has today published its report on the Methodology for Collecting, Analysing and Reporting on Consumer Trends. ...
Consumer Intellignece : insurance growth winners revealed
New analysis from independent insurance industry experts Consumer Intelligence has unveiled the fastest growing home and motor insurance providers for 2012.
The data, from Consumer...
S&P : UK life insurers face hard choices in view of regulatory reforms
Standard & Poor's Ratings Services today published a report discussing its view of the ongoing regulatory changes in the U.K. life insurance market (see...
China : strong interest for insurer PICC’s IPO
Chinese insurer PICC has attracted strong interest from investors for its $3.6 billion initial public offering in Hong Kong next month a day after...
Aviva : Mark Wilson is new Executive Chairman
Troubled British insurer Aviva on Tuesday said it had appointed an outsider, sector heavyweight Mark Wilson to be its new chief executive and carry...
Spain : health workers in the streets in Madrid on Sunday
Tens of thousands of Spanish doctors, nurses and hospital staff marched through the capital Madrid on Sunday to protest budget cuts and privatisations, the...
EIROPA : guidelines translated into all 23 European languages
EIOPA has published the translation of Guidelines on Complaints-Handling by Insurance Undertakings into all 23 official languages of the European Union.
The Guidelines, which are...
Increasing threat posed by solar flares leaving underwriters in the dark
Power and utility underwriters may be unaware of the extent of the threat major solar flares pose to the world’s electrical generation infrastructure. That...
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