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Munich Re : introduces first performance guarantee insurance for LED
Munich Re has introduced ground-breaking insurance coverage with the US lighting company Xicato. Xicato provides its customers with a 5-year performance guarantee on its...
Inter Hannover acquires London and European
Inter Hannover, a subsidiary of Hannover Re, has announced the acquisition of London and European, a leading provider of title insurance and legal indemnity...
QBE : economic recovery should take three years or more
As economic growth continues to show little sign of bursting into action, UK businesses are learning to adjust to conditions that look set to...
PwC Global CEO Survey : 90% of insurance CEOs anticipate revenue growth despite poor economic forecast
Whilst there is optimism in the sector, most see the prospects for the overall economy as tentative at best, with only 15% of insurance...
ABI : political consensus needed to tackle flood risks in UK
Cross-party political support is needed to ensure that the UK gets on top of the flood risk the ABI said today at a flood...
Tokio Millennium Re UK chooses NTT DATA to support growth through infrastructure delivery
NTT DATA announced that short and long-tail reinsurance specialist; Tokio Millennium Re has successfully completed the migration of its IT infrastructure to a privately...
IFB : CMC closed and fraudsters jailed following IFB investigation
A claims management company (CMC) has been shut down and two fraudsters jailed after the Insurance Fraud Bureau and Metropolitan Police exposed a ‘crash...
Aon Benfield : Impact Forecasting report shows January floods hit Australia and Indonesia for $6 billion
Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, releases the latest edition of its monthly Global Catastrophe Recap report, which...
Friends Life : over one third of the over 50s don’t feel they contributed enough for their pensions
Pension lessons learnt by those reaching retirement have been highlighted in new research from Friends Life. New research conducted by the pension provider among...
Fitch Ratings publishes French Societe de Financement ratings
Fitch Ratings has assigned Societe de Financement Local (SFIL) Long-term local and foreign currency ratings of 'AA+' and a Short-term foreign currency rating of...
Jubilee welcomes Regulator’s guidance on PPI as an important step in rebuilding consumer confidence
Jubilee, the specialist Lloyd’s insurer, has broadly welcomed the joint Financial Services Authority (FSA) and Office of Fair Trading (OFT) final guidance on Payment...
EIOPA : long term guarantee assessment launched
The European Insurance and Occupational Pensions Authority (EIOPA) launched on 28 January 2013 a technical assessment of the long-term guarantee (LTG) package agreed by...
Allianz : UK industry concerned about brand damage according to risk barometer for 2013
Reputation and loss of brand value remain top concerns of large UK companies according to the Allianz Risk Barometer 2013. The concern relates to...
XL : Guillermo Delphino promoted to Reinsurance General Manager Brazil
XL Group reinsurance operations has announced the appointment of Guillermo Delfino to General Manager of XL’s reinsurance operations in Brazil, pending approval by the...
Iron Mountain research shows UK firms resigned to data loss and ignore risk of fines
In advance of European Privacy and Data Protection Day on 28th January, new research from Iron Mountain reveals that more than half of UK...
KPMG : impact study may not end Solvency II delays
KPMG has warned that the insurance industry could face further delays to the Solvency II timeline after the launch of today’s long-term guarantees assessment...
Moneysupermarket analysis shows London, Leeds and Bradford as burglary hotspots
Homeowners in London, Leeds and Bradford are the most likely in the UK to make a claim for theft or burglary on their home...
AXA : van drivers more likely to commit traffic offences
AXA Business Insurance study reveals that van drivers who drive both a van and another vehicle are more likely to commit traffic offences and...
Fitch Ratings : outlook on global reinsurance sector remains stable, Pricing to Stagnate
Fitch Ratings says its outlook for the global reinsurance sector remains stable, as capital, underwriting and operating trends are expected to support reinsurers' current...
Aon Benfield / Impact Forcasting : launch of its Annual Global Climate and Catastrophe Report and new website
Aon’s catastrophe model development center, Impact Forecasting, announces the launch of its Annual Global Climate and Catastrophe Report and new website, Catastrophe Insight, which...
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