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ABI : UK boards making progress in Diversity and Evaluation
UK boardrooms are making clear progress on diversity and the use of external evaluation but need to do more on disclosing their approach to...
Swiss Re : new study forecasts improvements in the global economy and rising prices in casualty lines
Swiss Re’s latest study, "Global re/insurance review 2012 and outlook 2013/14" provides a mildly optimistic view of the future of the global economy and...
IFB welcomes MOJ’s whiplash consultation
Responding to the Ministry of Justice’s (MOJ) launch of a consultation on whiplash compensation, Insurance Fraud Bureau (IFB) Director Phil Bird said:
“The IFB welcomes...
Xuber teams up with Innovation Group to create Xuber Analytics
Xuber, Xchanging’s insurance software business, has announced a partnership with fellow insurance software house Innovation Group plc, which will see its advanced analytics tools...
AIG : sells plane leasing firm ILFC to Chinese investors
American insurance company AIG said Sunday it will sell up to 90 per cent of its plane leasing firm ILFC to a group of...
NIG : UK SME’s battling against rising costs of raw materials
Over one in four (28%) UK businesses – equivalent to 480,000 firms – are considering cutting costs to cater for the rising costs of...
AIG in talks to sell majority stake in ILFC to Chinese
US government-controlled insurance group AIG said Friday it was in talks to sell a majority stake in International Lease Finance Corporation (ILFC) to a...
S&P : French Insurer Groupama ratings affirmed
Standard & Poor's Ratings Services said it affirmed its 'BB-' long-term counterparty credit and insurer financial strength ratings on French insurer Groupama S.A. and...
EIOPA : procedures for warnings and temporary restrictions or prohibitions to enhance legal certainty
The European Insurance and Occupational Pensions Authority (EIOPA) published today procedures for how it will issue warnings and temporary prohibitions and restrictions regarding financial...
HSBC : to sell stake in China insurer Ping An for $9.4 billion
Britain's HSBC said Wednesday it would sell its stake in China's second largest life insurer Ping An for $9.4 billion, as it looks to...
FSA : consults on changes to the regulation and supervision of benchmarks
The Financial Services Authority (FSA) has proposed new rules and regulations for financial benchmarks. This follows the recommendations of the Wheatley Review of the...
ABI comments on the 2012 autumn statement
Commenting on the reduction in pensions tax relief, Otto Thoresen, Director General of the Association of British Insurers, said:
“Changing pensions tax allowances for the...
S&P : AG2R Prevoyance downgraded to ‘BBB+
Standard & Poor's Ratings Services lowered its long-term counterparty credit and insurer financial strength ratings on French protection institution AG2R Prevoyance and its subsidiary...
MetLife : two out of five unemployed 50 to 60 year olds blame disability
More than two out of five 50 to 60-year-olds who are out of work blame disability or illness for their inability to find a...
FSA : consults on plans for temporary product intervention rules
The Financial Services Authority (FSA) is consulting on the approach the future Financial Conduct Authority (FCA) would take if it needed to exercise powers...
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.
This...
Aviva : over a third of advisors say they are ready to change their main platform the next year
According to the latest Adviser Barometer research from Aviva, in the final quarter before the Retail Distribution Review (RDR) is implemented in January 2013,...
The AA : welcomes the £120 million government investment in flood defences
Responding to the announcement that the government is to invest a further £120 million on flood defences, AA Insurance says that this is welcome...
AXA : Where the Rain Falls, or how populations adapt to climate change
The changing seasons, the disparate and unpredictable rainfalls are two of the most striking consequences of climate change.
The conclusions of « Where the Rain...
AXA : supporting flood-hit customers with interim payments
AXA Commercial Lines and Personal Intermediary is supporting households and businesses hit by floods with interim payments to help meet the immediate needs of...
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