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BIBA : welcomes FSA proposed guidance for comparison websites
The British Insurance Brokers' Association (BIBA) has welcomed the Financial Services Authority's (FSA) guidance consultation for insurance comparison websites. The FSA has stated that...
FSA : price comparison websites to make sure they understand regulatory requirements
Firms who operate a price comparison website have received a letter from the Financial Services Authority to ensure they are aware of their regulatory...
Aon Risk Solutions : political violence now considered in Aon’s annual Terrorism Threat Map
Political violence, strikes, riots, civil war and war threaten the sustainable growth, continuity and profitability of businesses as much as terrorism, according to Aon...
Acquisition : Assurland.com to be sold by the end of June
Assurland.com belongs to French mutual insurance giant Covea, which is composed of Maaf, MMA and GMF. The current discussions are in their “final strait...
Fitch Ratings : UK non-life insurance rates to rise more quickly
Fitch Ratings expects UK non-life insurance premium rates to rise more quickly over the next 12 to 24 months as insurers seek to improve...
Gocompare.com : study shows that nearly a quarter of Brits never switched
Nearly a quarter of Brits have never switched any of the 20 most common financial products including their car and home insurance, energy provider,...
Hymans Robertson : report shows companies continue to use below market-implied inflation for pension accounting
A report from Hymans Robertson has found considerable inconsistencies and variances particularly in the inflation and longevity assumptions used by companies to report their...
Admiral / study : impact of fuel prices on UK motorists
Half of UK motorists say they have reduced the amount of driving they do due to the rising cost of fuel, while more than...
Aon : aerospace insurance market outlook
The aerospace sector weathered the global financial crisis relatively well, but confidence is still in short supply, with passenger and revenue forecasts still relatively...
Southern Cross : At-risk British care homes cut rent payments
Southern Cross, the troubled owner of 750 care homes in Britain, announced Wednesday it would pay a third less rent for the next four...
AXA Real Estate : to develop landmark office complex in Paris
Latest acquisition for Development Venture III will deliver a unique opportunity of 90,000 sqm office development next to French Ministry of Defence. AXA Real...
Fitch Ratings : affirms ERGO subsidiaries’ ratings
Fitch Ratings has affirmed Germany-based insurers ERGO Lebensversicherung AG's (ERGO Life) and DKV Deutsche Krankenversicherung AG's (DKV) Insurer Financial Strength (IFS) ratings at 'AA-'....
Aon Hewitt : key findings on automatic enrolment
As more employers use automatic enrolment, a new study from Aon Hewitt reveals that employees are participating in employer-sponsored defined contribution (DC) plans at...
Tropical Storm Risk warns of above-norm 2011 hurricane season
Tropical Storm Risk (TSR), which provides real-time mapping and prediction of tropical cyclone windfields worldwide and is co-sponsored by Aon Benfield, today releases its...
Fitch Ratings : Dutch insurance market at saturation point
Fitch Ratings says in a newly-published report that the Dutch insurance market is saturated and has become highly competitive. "Insurers in the Netherlands were...
Fitch : affirms Prudential Plc’s ratings; Outlook Stable
Fitch Ratings has affirmed Prudential Plc's (Prudential) Long-term Issuer Default Rating (IDR) at 'A+' and senior unsecured debt at 'A'. The agency has also...
Aviva : study shows families neglect workplace pensions
Families are viewing auto-enrolment as a positive step towards bridging the pensions gap, according to research from the second Aviva Family Finances Report. Three...
Allstate : enters definitive agreement to acquire Esurance and Answer Financial
The Allstate Corporation announced that it has entered into a definitive agreement with White Mountains Insurance Group in which Allstate will purchase Esurance and...
Fitch Ratings : Dexia’s Eurco Re upgraded to ‘BBB+’, Outlook Stable
Fitch Ratings has upgraded Eurco Re Limited's Insurer Financial Strength (IFS) rating to 'BBB+' from 'BBB'. The Outlook is Stable.
The upgrade reflects Fitch's...
CRIF : new CACHE Subrogation Manager product launched
CRIF Decision Solutions, part of the CRIF Group, has launched a service enabling motor insurers to electronically manage subrogation claims and benefit from reduced...
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