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UIB : Reinsurance Broker of the Year
Reinsurance broker UIB (DIFC) has been named Reinsurance Broker of the Year 2012 at the recent Mena Insurance Awards.
The award was given after UIB’s...
The AA : new ‘uninsured driver promise
Any AA-insured driver involved in a non-fault collision with an uninsured driver will not suffer loss of their excess or no-claim discount.
Britain’s leading car...
Friends Life : new Best Doctors microsite launched
Friends Life has launched a new microsite connecting advisers to information on the services that Protect+ customers can utilise from worldwide medical specialists, Best...
FSA : regulatory fees and levies confirmed for 2012/13
The Financial Services Authority (FSA) has published a policy statement confirming its regulatory fees and levies for 2012/13.
On 2 February 2012 the FSA launched...
Bank of England : Ben Broadbent’s speech on costly capital and the risk of rare disasters
In a speech at Bloomberg in London, Ben Broadbent, External Member of the Monetary Policy Committee (MPC), argues that investors' fears about downside risks...
Appointment : HSBC Bristol and Bath Commercial teams reinforced
HSBC has made a number of key appointments to its Bristol and Bath Commercial Centre, bringing in Nick Stork and Chris Jones as Area...
FSA : rules telling banks to display depositor compensation arrangements
The Financial Services Authority (FSA) will require all banks, building societies and credit unions to prominently display posters and stickers in branches and on...
Fitch Ratings : ERGO’s ratings affirmed with a stable outlook
Fitch Ratings has affirmed Germany-based insurers ERGO Lebensversicherung AG's (ERGO Life) and DKV Deutsche Krankenversicherung AG's (DKV) Insurer Financial Strength (IFS) ratings at 'AA-'....
Deloitte : 36% of general insurers to re-price products in run-up to Solvency II
A report from Deloitte, the business advisory firm, highlights an increase in the number of insurers which plan to re-price and reorganise their product...
QBE : underwrites RMP’s Public Sector business as of July 1st
QBE and Risk Management Partners, a subsidiary of AJ Gallagher, have announced that QBE Europe is to underwrite RMP’s Public Sector business from July...
XL Group : now accepts collateral trusts for corporate and captive insurance programmes
XL Group insurance operations has announced that it is now accepting Collateral Trusts in lieu of Letters of Credit (LOCs) used as collateral for...
AIR Worldwide : Hurricane Bud poised to make landfall on Mexico’s west coast
According to catastrophe modeling firm AIR Worldwide, Hurricane Bud, the first Category 3 hurricane on record to form in the eastern Pacific so early,...
Fitch Ratings : Dexia Bank Belgium’s Eurco Re affirmed at ‘BBB’ with a stable outlook
Fitch Ratings has affirmed Eurco Re Limited's Insurer Financial Strength (IFS) Rating at 'BBB' with a stable outlook.
The rating rationale is based on Fitch's...
Fitch Ratings : Italian, Spanish insurers are the most exposed to a Greek exit from the Eurozone
Italian and Spanish insurers are most exposed to a Greek exit from the Eurozone - through the contagion effect it could have on Italian...
BIS : volunteers get their say on how regulations are enforced
Volunteers all over the country are being urged to speak out against uncaring officialdom - but also to give credit where credit is due...
IFB : Andrew Buck appointed to oversee roll out of the Insurance Fraud Register
The Insurance Fraud Bureau (IFB) has recruited Andrew Buck to oversee the launch of the industry’s ground-breaking Insurance Fraud Register (IFR).
Buck, a former Claims...
Saga and Alzheimer’s Society team up for National Dementia Awareness Week
Saga Homecare is partnering with the Alzheimer's Society for national Dementia Awareness Week (20- 26 May) in its ongoing campaign to improve the quality...
BPF : banks begin to deal with distress but property refinancing challenge remains
Debt held against UK commercial property continued to fall last year from £228.1bn to £212.3bn, a drop of 6.8%, the UK's largest property lending...
AMII : three new teams announced
The Association of Medical Insurance Intermediaries (AMII) has announced three sub committees working directly to the main Executive Committee.
The new sub committees are as...
Fitch Ratings : Lloyd’s of London EM expansion positive, but brings risk
The Lloyd's insurance market's planned expansion into emerging markets is a net positive, even though writing insurance outside of established markets carries additional risks,...
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