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NFU Mutual : committed to reducing scale and impact of rural crimes
NFU Mutual confirms it dedication to reducing the scale and the impact of rural crime. The specialist rural insurer's own claims figures estimate that...
Aviva : need for pension awareness for European citizens
Aviva asks European institutions to support action to raise public attention on awareness of how much they will receive in retirement. Aviva’s latest report...
Fitch Ratings : Italian insurers cannot pass on all sovereign losses
Contrary to what many commentators are predicting, Italian insurers may not be able to pass on most of the losses incurred from an unlikely...
S&P : upgraded Salama/Islamic Arab Insurance’s ratings to ‘A-‘ with a stable outlook
Standard & Poor's has raised to ‘A-‘, up from ‘BBB+’ the counterparty and insurer financial strength of Dubai based Islamic Arab Insurance as well...
Aon Risk Solutions : divergence in the airline insurance industry
Aon Risk solutions has released it latest edition of its aviation data report : Airline Insurance Market Indicators 2011/12. As the frenetic renewal season...
AIR Worldwide : new inland flood model launched for Germany
AIR Worldwide has released an inland flood model for Germany, which offers a fully probabilistic approach for determining the likelihood of flood losses from...
Fitch Ratings : Coface’s IFS rating affirmed at ‘AA-‘ with a stable outlook
Insurer financial strength of the major insurance entities of Coface has been affirmed by Fitch Ratings at 'AA-'. The head entity of the group,...
S&P : Scor Reinsurance Ireland ‘A’ rating affirmed
Standard & Poor’s has affirmed its ‘A’ long termfinancial strength rating for Scor Reinsurance Ireland with a stable outlook.
S&P has also removed all ratings...
Europe : low interest rates will harm life insurers
Fitch Ratings says the European Central Bank's 25bps interest rate cut today puts into focus the pressure on life insurers' margins and earnings from...
Fitch Ratings : PrismaLife’s IFS at ‘BBB+’ with a stable outlook
Fitch Ratings has affirmed Liechtenstein-based PrismaLife’s insurer financial strength at ‘BBB+’ and long-term issuer default rating at 'BBB' and senior bond rating at 'BBB'...
FSA / OFT : draft guidance on payment protection products published
The Financial Services Authority (FSA) and the Office of Fair Trading (OFT) have joined forces to help prevent the problems associated with payment protection...
Fitch Ratings : US expected to achieve Solvency II equivalence
Fitch Ratings says it expects the US solvency regime for insurers to achieve equivalence with the European Union's Solvency II requirements, despite the fact...
Fitch Ratings : affirms Momentum’s and MetLife’s IFS at ‘AA(zaf)’ with a stable outlook
Fitch Ratings has affirmed South Africa-based Momentum Group Limited's (Momentum) and Metropolitan Life Limited's (MetLife) National Insurer Financial Strength (IFS) ratings at 'AA(zaf)' and...
Fitch Ratings : Amlin Corporate Insurance affirmed at ‘A’ with outlook positive
Fitch Ratings has confirmed Amlin Corporate Insurance’s insurers financial strength rating at ‘A’ with a stable outlook.
The affirmation reflects ACI's strategic importance within the...
Fitch Ratings : no insurance downgrades with Greek debt exchange
European insurance companies have manageable exposure to Greek government bonds, according to Fitch Ratings. Therefor there should be no downgrade if they accept the...
S&P : Swiss Re and core subs upgraded
Standard & Poor’s raised long term counterparty credit and insurer financial strength rating for Swiss Reinsurance and its core subsidiaries to ‘AA-’ from ‘A+’.
The...
Fitch Ratings : solution to keep Greek sovereign rating low
Fitch Ratings says an EU invitation to private investors in Greek government debt to exchange their bonds for new debt with a 50% lower...
Xchanging : London market open for electronic trading with e-Accounts
The London market’s ambition to enable brokers globally to trade with it more easily has taken a significant step closer with phase one of...
AIR Worldwide : flash flooding on both side of the Irish Sea
Heavy rainfall caused widespread disruption and damage on both sides of the Irish Sea, the Dublin area has been the hardest hit.
The flooding was...
EIOPA / report : equivalence assessment of the Bermudan, Japanese and Swiss supervisory systems
The European Insurance and Occupational Pensions Authority has just released three equivalency reports. The European Commission has already asked about equivalency to the preceding...
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