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Fitch : UK non life-insurance industry ‘stable’
Despite increased losses, depreciation of capital and historically low investment yields, the UK non-life insurance is stable, according to the latest Fitch report.
The report...
Gender ruling : what will change?
When filling out an insurance form one of the first questions asked is usually whether you are male or female. It is one of...
Fitch : IAG rating unchanged after buying AMI
Fitch ratings have announced that Insurance Australia Group's (IAG) insurer financial strength rating will be unaffected by today's announcement to buy AMI Insurance Ltd....
The AA : simplification of insurance certificates is good news
Simon Douglas, director of AA Insurance, has welcomed the Department for Transport’s proposed abolition of the need for a paper or electronic motor insurance...
Survey : IT has to have a front row seat
Businesses can no longer afford to view IT as a back-office function if they want to achieve maximum return on deals, according to Ernst...
Swiss Re : 2011 second most expensive year on record
2011 will have the highest catastrophe-related economic losses in history, costing 30,000 lives and USD350 billion for the world economy, Swiss Re has estimated.
The...
OFT : car insurance 11 per cent higher in Northern Ireland
While the figure has reduced over the past five years, private motor insurance premiums were on average 11 per cent higher in Northern Ireland...
Fitch : more Generali downgrades
Fitch Ratings has downgraded the insurer financial strength ratings of three subsidiaries of Generali Deutschland. The ratings changes are:
Advocard Rechtsschutzversicherung downgraded to A- from...
OFT : starts probe to investigate UK private motor insurance
The Office of Fair Trading (OFT) has today launched a market study into the private motor insurance industry to “find out the reasons behind...
Fitch : Italian insurers latest to get downgrade
Italian insurance giants Generali and Fondiaria-SAI are among the latest insures to be downgraded by Fitch, after 'stress tests' in Italy and Spain, the...
IFB : new Supervisory and Technical Board
The IFB today announced the members of the newly structured Supervisory and Technical Boards. The new structure is a part of its recently agreed...
British government : “dissapointed” with new gender equality ruling
The British government has said that it is “disappointed” with new EU gender equality laws, because of the effects they will have on insurance...
Admiral : considering opening personal injury law firm
Admiral is considering branching into the legal industry as a response to the Ministry of Justice's plan to ban referral fees, the Telegraph has...
RICS : UK Housing Market Survey reveals rise in buyer demands
In the month of November buyer demand for property has risen. Yet economic uncertainty continues to hold back the market from any meaningful recover...
ARAG UK : fifth anniversary celebrated with style
The Hilton Birmingham Metropole: back in 2006 this was the meeting point for six legal expenses insurance experts and a senior representative from ARAG...
Fitch Ratings : Rossiya gets a ‘B-‘ rating
Despite experiencing financial growth for the first time since 2009, Fitch ratings has given Russian bank Rossiya an IFS rating of 'B-' and a...
PWC : insurers to take on losses from storm
After winds of up to 165MPH lashed Scotland and Northern England over the weekend, insurers are preparing for the inevitable stampede of claims.
PWC said...
Standard and Poor’s : Czech bank’s credit rating lowered
Standard and Poor's have lowered their rating for Czech insurer CSOB. The previous insurer financial strength (IFS) rating of 'A-' was revised and taken...
Ecclesiastical recieves Quality in Credit Management award
Ecclesiastical has become the first UK insurer to be awarded the new Quality in Credit Management (QICM) accreditation from the Institute of Credit Management.
A...
GDV : insurence premiums to rise with new law
The price of car insurance is expected to rise by 11 per cent for some drivers, when a ruling by the European Court of...
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