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Guest Post : expanding the role of an independent director of a P&C insurance company
Chief Executive Officers of insurance companies are selecting insurance experienced independent directors and expanding their role as Independent Directors. Independent Directors are called upon...
Reinsurance : too early to estimate Irene’s costs
Reinsurers Munich Re and Hannover Re believe it is still too early to estimate damage claims from Hurricane Irene.
"There is flooding and power outages....
Sainsbury’s : research shows cost of “cowboy” traders
Sainsbury’s new research shows that 6.2 million (13%) people in Britain have fallen foul of "cowboy" traders in the past five years. The research...
MMA : new study from MMA on brokers undertaking schemes work
MMA has today revealed a new study that suggests a significant uptake in the number of brokers undertaking schemes work.
According to the new study...
Fitch Rating : sector rating outlook for Swiss Life & Non-Life Insurance Remains Stable
According to a Fitch Ratings report, the Swiss life and non-life insurance sector will remain stable despite the shaky financial markets and low interest...
Fitch Ratings : affirms AEGON’s Zest VIF notes at ‘A’
Fitch Ratings has affirmed Scottish Equitable GBP250m value of in-force (VIF) securitisation fixed-rate loan notes due 2023 at 'A'. The affirmation reflects the performance...
RICS : Global Distressed Property Monitor Q2 2011
Worldwide demand for distressed property increased dramatically in Q2 2011, finds this quarter's RICS Global Distressed Property Monitor. Over 80 per cent of the...
Scottish Life : changes made to UK Mid Cap Specialist and US Core Plus Pension Funds
Scottish Life, the pensions specialist arm of the Royal London Group, has announced that from 14 November 2011, the underlying investment within the Scottish...
ABI : insurers contribute £10.4bn to the exchequer as the country recovers from recession
The crucial role the insurance industry plays in a healthy UK economy is revealed today in a tax report from the ABI and PWC.
The...
Brit Insurance : warns about PI risks in the wake of relaxation of market regulations
As of the 6 October, many medium-large law firms in the UK will take the opportunity to break free from the shackles that have...
S&P : AEGON assigned financial strength rating AA- and a stable outlook
Standard & Poor's Ratings Services has assigned its 'AA-' insurer financial strength rating to Netherlands-based life insurer AEGON Levensverzekering N.V. (AEGON Leven). The outlook...
Fitch Ratings : affirms Mapfre at IFS ‘A+’ and a stable outlook
Fitch Ratings has affirmed the Spanish insurer Mapfre SA (Mapfre) and its core operating subsidiaries' Insurer Financial Strength (IFS) ratings at 'A+' and Mapfre's...
New risk management product protects FMB members against severe weather
The National Register of Warranted Builders (NRWB), a subsidiary of the Federation of Master Builders (FMB), is offering a new risk management product that...
Fitch Ratings : affirms DEVK Insurance Entities and gives an outlook stable
Fitch Ratings has affirmed DEVK Deutsche Eisenbahn Versicherung Sach- und HUK-Versicherungsverein a.G. Betriebliche Sozialeinrichtung der Deutschen Bahn's (DEVK non-life) and DEVK Deutsche Eisenbahn Versicherung...
RMS : performs analysis for two new series of notes issued by Vita Capital
Risk Management Solutions has conducted the expert risk analysis for two new series of notes issued under the Vita Capital IV Ltd. Program. The...
Fitch Ratings : assigns NOMAD Insurance ‘B-‘ with an outlook stable
Fitch Ratings has assigned JBC Insurance Company NOMAD Insurance (NOMAD) an Insurer Financial Strength (IFS) rating of 'B-' and a National IFS rating of...
S&P : lowered Transamerica International Reinsurance Ireland rating
Standard & Poor's Ratings Services today lowered its long-term counterparty credit and insurer financial strength ratings on Ireland-based Transamerica International Reinsurance Ireland Ltd. (TIRI)...
S&P : takaful insurance markets continue to grow despite operational differences
Despite ongoing, rapid growth in the Sharia-compliant insurance markets, Standard & Poor's Ratings Services recognizes that operational issues remain commonplace in the sector. This...
Aegon sells Transamerica to Scor for $1.4 billion
Dutch insurance giant Aegon said Wednesday it had completed its sale of Transamerica Reinsurance to French reinsurer Scor for more than one billion dollars,...
Fitch Ratings : insured loss from UK riots will not impact ratings
Fitch Ratings believes the losses from the recent disturbances across the UK will have no impact on UK insurers' ratings. Although the ultimate economic...
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