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Lack of care sees hospital insurance bills soar
Operating on the wrong part of a body and leaving behind utensils are some of the things behind a soaring UK hospital insurance bill,...
Insurance claims rejected after storms
Claims relating to last weeks storms could be turned down if customers don't have the right policies, a number of large insurers reported last...
AXA : more staff and longer hours for storm claims
AXA has called in extra staff from different departments to help with the large increase of claims relating to this weeks storms.
As well as...
PM’s new year resoltion : “kill off health and safety culture for good”
Prime Minister David Cameron's new years resolution is to “kill off the health and safety culture for good" in the UK.
According to Mr Cameron,...
BIBA launches new ‘sanctions checking facility’
The British Insurance Brokers’ Association (BIBA) has launched a 'sanctions checking facility' which will help brokers and insurers in screening their clients.
Currently under the...
AXA : 2012 will be “year of risk”
More destructive weather, UK playing host to a number of large events, and continued economic pressures will make 2012 another very expensive year for...
Direct Line : 300% increase in claims in 2012
It's been a wild start weather-wise for 2012, with trees down and wind gusts of nearly 100mph in some areas. Not surprisingly the insurance...
Insurance Fraud Enforcement Department opens it’s doors
London's new Insurance Fraud Enforcement Department (IFED) opened it's doors for the first time today, and already they are reviewing a number of cases...
EIOPA consultation paper to have adverse effects on pension schemes
A consultation paper by the European Insurance and Occupational Pensions Authority (EIOPA)'s could see UK pension schemes increase funding by £600 million or more,...
Acquisition : Voyager acquires Fresh Start Insurance Services
Specialist broker Voyager Insurance Services Ltd has acquired the Fresh Start book of business from Culpeck Insurance Services for an undisclosed sum.
Fresh Start is...
Cliam rejected after cancelling trip to be with dying father
When a family member is diagnosed with a terminal illness, the last thing you need is more financial pressures.
But for Joan Nicol of Liberton,...
Ecclesiastical : five worst areas hit for metal theft from churches in 2011
Chelmsford Diocese has topped the league for the worst-hit places in the UK for theft of lead and other valuable metals from churches, according...
Increased consolidation in 2012: Fitch
Beazely's renewed interest in acquiring Hardy is a foreshadow of increased consolidation next year, Fitch Ratings has said.
Low valuations and the implementation of Solvency...
European insurers worse off now than 6 months ago
European insurance companies are more exposed to financial risk than at the beginning of 2011, a report showed today.
In it's twice yearly report on...
Aviva International credit rating watch negative : Standard and Poor’s
In the wake of changes to Aviva's legal structure, their international brand Aviva International Insurance Ltd. has had their credit rating of 'AA-' kept...
Fitch places European insurers on negative rating watch
Fitch Ratings has placed a number of European insurers on ratings watch negative (RWN) after doing the same for Belgium, France and Spain last...
Standard and Poor’s : Dongbu Insurance rating
Standard & Poor's today revised the long-term insurer financial strength rating for Dongbu Insurance from stable to positive, and affirmed the long-term insurer financial...
AXA : small businesses unaware of risks
Despite less than half of small business' having a sufficient capital safety net, only a quarter can name a risk facing their business, a...
Standard and Poor’s : Swiss Re Corporate Solutions rating
Standard and Poor's have given Swiss Re Corporate Solutions Ltd. (SRCS) an 'AA-' long term rating and an 'A-1+' short term financial strength rating...
IAG : AmG to acquire Kurnia Insurans
Insurance Australia Group has confirmed rumors that it plans to purchase Malaysia's Kurnia Insurans.
In a statement released today, the Australian insurance giant announced that...
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