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Aviva : chief executive resigns after shareholder revolt
The chief executive of Britain's second-biggest insurance group Aviva stepped down on Tuesday, becoming the latest victim of a growing shareholder revolt over pay...
Fitch Ratings : uncertainty remains on availability of flood insurance
The end of the government and insurance industry's Statement of Principles (SoP) agreement to provide insurance in high flood risk areas in June 2013...
Aviva : shareholders reject executive pay plans
British insurer Aviva said Thursday that more than half of its shareholders have failed to back its executive pay awards, in the latest sign...
Fitch Ratings : European insurers face increased lapse rate risk
The risk to insurance companies of consumers demanding their money early on guaranteed savings products is increasing as early surrender penalties reduce and households'...
Aviva : chief executive waives pay rise
British insurer Aviva on Monday said chief executive Andrew Moss had bowed to shareholder pressure and waived a pay rise that would have taken...
Munich Re : sees ‘gratifying’ first quarter
Munich Re said Thursday it expects first-quarter profits to be "gratifying" amid a calmer situation on the financial markets and fewer losses than last...
Aon : Terrorism & Political Violence Map launch
Aon Risk Solutions, the global risk management business of Aon, urges companies to ensure threats to business continuity are considered as 37 countries were...
BIBA calls on Government to provide detail and timescales for combating fraudulent whiplash claims
The British Insurance Brokers’ Association (BIBA) has called for the Government to commit to a timescale and announce details for its work to reduce...
Aon Benfield : US severe weather insurance losses breach $1.2 billion in March
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon today releases the latest edition of its Global Catastrophe Recap report, which reviews...
Generali : shares drop after profit plunge
Shares in Italian insurer Generali, a leading European insurance group, dropped almost 3.0 percent on the Milan stock exchange, after the company posted a...
Experts warn about flood insurance becoming unavailable to many in just four months
Businesses and homeowners seeking flood insurance could face greater uncertainty and prohibitively expensive insurance premiums in just four months’ time, experts will warn today.
The...
Hannover Re : profits down in 2011
German reinsurance giant Hannover Re said Wednesday it was optimistic with regard to the outlook for the current year after a string of natural...
BIBA’s Eric Galbraith calls for better regulation and for government not to tax protection
The British Insurance Brokers’ Association (BIBA) has set out its Budget priorities to recognise the importance of risk management and insurance protection to assist...
Greece : health service cuts approved by parliament
The Greek parliament early Thursday approved a bill to cut health service costs that had been demanded by the European Union and the IMF...
Prudential is considering moving its headquarters out of the UK
British insurer Prudential said Monday that it was considering switching its headquarters out of London to avoid new European capital requirement regulations for the...
RBS : announces annual net loss of almost £2 billion
State-rescued Royal Bank of Scotland on Thursday said its net losses widened to almost £2.0 billion in 2011, hit by the Greek debt crisis...
Allianz : profits halved by Greece and natural disasters
German insurance giant Allianz said Thursday natural catastrophes and losses on its investments in Greece slashed its bottom-line in half in 2011.
Allianz said in...
AA Insurance launches ‘Drivesafe’ insurance
AA Insurance is the latest to turn to technology, with the launch of a new ‘pay how you drive’ policy. Called AA Drivesafe, it...
TomTom joins insurance game with ‘Fair Play’ Insurance
TomTom, the Belgium satnav company, has joined the insurance industry by partnering with broker Motaquote.
The GPS innovating company is branching out to the insurance...
Broker ASSESS named Learning Technology Solution of the Year
Broker ASSESS, an online training and competency program for insurance brokers, has been named Learning Technology Solution of the Year at the Learning and...
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