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Hiscox comments on the Hargreaves report
With the results of the Hargreaves report due, Alan Thomas, head of technology & media at specialist insurer Hiscox, comments:
"This area of legislation...
Fitch Ratings : Bupa Insurance IFS at A+ with an outlook stable
Fitch Ratings has affirmed Bupa Insurance Insurer Financial Strength (IFS) rating at 'A+' and Long-term Issuer Default Rating (IDR) at 'A' with Stable Outlooks....
Growing Dutch longevity takes a bite out of Aegon
Dutch insurer Aegon on Thursday published a 12 percent drop in net profit for first quarter 2011 from the same period last year, linking...
Social Security, Medicare burning through funds
The United States is burning through its health care and retirement fund pools faster than planned, with the Medicare trust fund to be exhausted...
Admiral : study on rear end bumps and costs
New research has shown there are a staggering 405,000 rear-end bumps in the UK each year*, accounting for one in four of all road...
Fitch Ratings : Sampo Group Entities’ outlook to stable
Fitch Ratings has revised the Outlook to Stable on Sampo Group's main entities, including the Finnish life insurer Mandatum Life Insurance Company Limited (Mandatum),...
RMS Commentary: Southeastern Spain Earthquake
On Wednesday, May 11 at 18:47 pm local time, a magnitude 5.1 Mw (moment magnitude) earthquake occurred in the Murcia region of southeastern Spain,...
Aon : Irish operations expansion with launch of risk consulting practice
Aon Risk Solutions announced that it is expanding its presence in Ireland, with the opening of a branch of its Global Risk Consulting business....
Galbraith calls for the right regulation, completion of the FSCS review by April 2012 and an industry solution to client money risks
In his opening address at BIBA’s 2011 Conference in Manchester, Eric Galbraith, BIBA’s Chief Executive, called on HM Treasury and the new Financial Conduct...
Legal & General Investment Management launch Euro denominated Liquidity Fund
Legal & General Investment Management (LGIM) has launched a euro denominated liquidity fund, to be managed by Jennifer Gillespie, Head of Money Markets, LGIM....
Standard Life Investments : this year will see a robust profits cycle
Standard Life Investments predicts that this year will see a robust profits cycle despite event risks, policy tightening and regulatory headwinds which will periodically...
Fitch Ratings : Munich Re IFS rating at ‘AA-‘; outlook Stable
Fitch Ratings has affirmed Munich Reinsurance Company's (Munich Re) Insurer Financial Strength (IFS) rating and Long-term Issuer Default Rating (IDR) at 'AA-' with Stable...
U.S. : FDIC chief Bair to leave
Sheila Bair, the feisty chairwoman of Washington's deposit insurance agency who fought the coddling of big banks in the financial crisis, announced Monday that...
Aon Hewitt : new survey on pension plan sponsors
A new survey from Aon Hewitt found that after years of market turmoil, pension plan sponsors are shifting their asset allocation away from domestic...
Chartered Insurance Institute : report puts UK retirement savings deficit at £9 trillion
The Chartered insurance Institute's (CII) report, ‘An age-old problem - developing solutions for funding retirement', published at a CII and Strategic Society Centre seminar...
Motor insurance : motorists won’t be fuelled by new motor legislation
From June, British motorists will need to be aware of a new law called Continuous Insurance Enforcement which comes into force making it illegal...
Aon Benfield : Cat losses and Solvency II drive demand for better model evaluation
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation, will be highlighting how recent natural hazards – coupled with Solvency II...
Fitch: Nordic Insurance a vital supplement to welfare state
Fitch Ratings says in a new report that the Nordic insurance market is becoming increasingly important as a supplement to the welfare state.
"The...
New ways to pay for disaster relief
Governments are looking for new ways to meet the spiralling costs of disaster relief and the private sector is willing to get involved because...
Aon Benfield : latest Monthly Cat Recap report
Aon Benfield released the latest edition of its Monthly Cat Recap report, which reviews the natural disaster perils that occurred worldwide during April.
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