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US : S&P downgrade hits scores of companies, funds
Scores of companies and entities, from the insurance business controlled by Warren Buffett to mortgage giant Fannie Mae and even including Israeli government bonds,...
BIBA : supports crackdown on the regulation of insurance comparison sites
The British Insurance Brokers’ Association has submitted their formal response to the FSA proposed guidance on the: Selling of general insurance policies through price...
NFU Mutual : research shows agri-crime is on the rise
Over the last couple of years criminals have been targeting farms in Britain with a 17 per cent rise in agri-crime.
New figures from NFU...
Fitch Ratings : revises SIRe’s outlook to stable and affirms IFS at ‘A-‘
Fitch Ratings has revised Swiss reinsurer Signal Iduna Rueckversicherungs AG's (SIRe) Outlook to Stable from Negative and affirmed its Insurer Financial Strength (IFS) rating...
S&P : Volkswagen insurance outlook revised to stable
Standard & Poor's Ratings Services revised its outlook on Volkswagen Insurance Co. Ltd. (VICO) to stable from negative. At the same time affirmed the...
Aon Benfield : Monthly Cat Recap report released
Aon Benfield released the latest edition of its Monthly Cat Recap report, which reviews the natural disaster perils that occurred worldwide during July.
Published by...
Fitch Ratings : downgrades Groupama’s IFS to ‘A-‘
Fitch Ratings has downgraded Groupama S.A.'s and four of its core insurance subsidiaries' Insurer Financial Strength (IFS) rating to 'A-' from 'A'. The subsidiaries...
Fitch Ratings : Italian and Spanish insurers – Eurozone crisis implications
Fitch Ratings says in a newly-published comment that the majority of the Italian and Spanish insurers rated by the agency would be likely to...
Bennetts : season starts with an increase in sales
Bennetts has achieved a record breaking start to the 2011 season with a 31 per cent increase in sales year on year. In addition,...
Standard Life : response to FSA Policy Statement on Platforms
Standard Life welcomes the new FSA Policy Statement issued.
The key points are:
- Cash rebates - FSA to undertake further research
- Voting rights - all...
Scottish Life : welcomes debate around pensions for middle Britain
Scottish Life has welcomed the recent paper "Delivering value to middle Britain", published by the Finance & Technology Research Centre (F&TRC), for stimulating discussion...
ABI : insurance fraud up 9 per cent
Figures from the Association of British Insurers show that detected insurance frauds have more than doubled in the last five years.
The figures highlight that...
Fitch Ratings : upgrades VTB Insurance to ‘BBB-‘
Fitch Ratings has upgraded VTB Insurance insurer financial strength (IFS) rating to 'BBB-' from 'BB' and National IFS Rating to 'AA+(rus)' from 'AA-(rus)'. The...
EIOPA : Eurozone debt crisis biggest threat to insurers
EIOPA is warning insurers about the Eurozone sovereign debt being their biggest threat. The risk related to their government bond holdings could suffer losses.
"The...
AXA Assistance : Honda’s tender in Ireland won
AXA Assistance has won Honda’s tender in Ireland. The contract will cover every assistance need related to the purchase of a new Honda vehicle...
AIR Worldwide : expands suite of Atlantic Basinwide Tropical Cyclone models
Catastrophe risk modeling firm AIR Worldwide has released the Central America tropical cyclone model. The new model covers Belize, Costa Rica, El Salvador, Guatemala,...
Fitch Ratings : Lloyd’s of London’s IFS Rating at ‘A+’ affirmed
Fitch Ratings has affirmed Lloyd's of London's IFS rating at 'A+'. Fitch has also affirmed the Society of Lloyd's Long-term Issuer Default Rating (IDR)...
SCOR : 22 % growth in non life policy renewals
French reinsurance company SCOR has recorded a 22 per cent growth in non-life reinsurance policy renewals. These expire mid year in June-July, and an...
S&P : French Reinsurer SCOR’s US subsidiary IIC downgraded
Standard & Poor's Ratings Services has lowered its insurer financial strength rating on Investors Insurance Corp. (IIC) to 'BBB-' from 'A'. The outlook is...
Aviva : grandparents now able to protect grandchildren’s health
Grandparents can now help protect the health of their grandchildren by purchasing insurance specially designed and tailored to children and their more common ailments.
The...
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