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Aviva : in talks to sell US life insurance unit
British insurer Aviva is in talks to sell its US life insurance business at a "substantial discount" under a large-scale restructuring programme aimed at...
U.S. : Hurricane Sandy damage could hit $50 billion
Damage from the deadly mega-storm that blasted the US East Coast could hit $50 billion, disaster estimator Eqecat announced.
The company put total economic damage...
Travel and Lifestyle Underwriting – is it worth it?
What a month of high adrenaline activity this has been - not for me personally, as my world is sadly bereft of adrenaline and...
EIOPA : launches Quantitative Impact Study for occupational pensions
The European Insurance and Occupational Pensions Authority (EIOPA) launches today the first Quantitative Impact Study (QIS) on Institutions for Occupational Retirement Provision (IORPs), as...
EIOPA : industry training standards report emphasises diversity of national knowledge and ability requirements
The European Insurance and Occupational Pensions Authority (EIOPA) published a Report on Industry Training Standards applied by national competent authorities. The Report is part...
Metropolitan Police Commissioner Bernard Hogan-Howe visited MIB
Bernard Hogan-Howe, Commissioner of the Metropolitan Police, visited the Motor Insurers’ Bureau (MIB) on 8 October 2012 to see first-hand how MIB supports his...
Japan : insurers stop China riot coverage
Big Japanese insurers have stopped covering firms against riots in China, a report said Friday, a move seen likely to hit investment there as...
EIOPA : publishes draft technical specifications for the QIS of its final advice on the IORP Directive review
The European Insurance and Occupational Pensions Authority (EIOPA) has published technical specifications for the quantitative impact study (QIS) of EIOPA’s advice to the European...
EIOPA : EU-US Insurance Regulatory Dialogue Project invites public comment
The Steering Committee of the EU-US Dialogue Project invites public comment on the draft factual Report based on the results of the Project’s seven...
U.S. : Treasury to sell $18 billion of AIG stock
The US Treasury Department announced Sunday that it has launched a public offering of $18 billion of its common stock in AIG, the giant...
Swiss Re provides insights into the future of Italy’s insurance market
According to Swiss Re’s latest expertise study, "The Italian insurance market: opportunities in the land of the Renaissance", Italy stands at the crossroads of...
AIG : US Federal Reserve nets $17.7 billion profit from AIG bailout
The US Federal Reserve said Thursday it had sold the last of its investment in insurer AIG, turning a $17.7 billion profit for the...
AIG : US Treasury to sell $5 billion of AIG shares
The US Treasury Department announced Friday it will sell $5 billion of its American International Group shares, with AIG lined up to buy up...
EIOPA : 2012 report on market developments now published
The European Insurance and Occupational Pensions Authority (EIOPA) has published today its 2012 IORP Report on Market Developments.
The report provides a general overview of...
EIOPA latest report on the Role of Insurance Guarantee Schemes in the Winding-Up Procedures of Insolvent Undertakings
The European Insurance and Occupational Pensions Authority (EIOPA) has published its Report on the Role of Insurance Guarantee Schemes in the Winding-Up Procedures of...
Europe : international trade deals could boost GDP by 2 per cent
As recent estimates show, deepening relationships between the EU and its key trading partners can contribute significantly to Europe's recovery.
If the EU pursues its...
EIOPA / OPSG : publishes its feedback statement on the European Commission White Paper “An Agenda for Adequate, Safe and Sustainable Pensions”
The Occupational Pensions Stakeholder Group (OPSG) of EIOPA published its Feedback Statement on the European Commission White Paper “An Agenda for Adequate, Safe and...
Traffic jam in space threatens satellites
In April 2012, the European Space Authority lost contact with its Earth observation satellite Envisat, rendering it inoperative. Envisat will orbit Earth for approximately...
Wellpoint is to acquire Amerigroup
US health insurer WellPoint is buying Amerigroup, a manager of publicly funded health programs, for about $4.9billion, the companies said Monday.
The acquisition will position...
Aviva : £318 million from Delta Lloyd shares sale
British insurer Aviva announced it had sold another 21 per cent of shares in Dutch unit Delta Lloyd for £318 million ($493 million, 398...
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