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S&P affirm German Talanx after acuisition
Standard and Poor's today affirmed their 'A+' rating on German insurer Talanx, after the company announced a complete acquisition of Polish based Towarzystwo Ubezpieczen...
Vienna Insurance reaches 2011 goals
Vienna Insurance Group expects to have boosted its 2011 pretax profit by 10 percent, and increased non-life premiums written by 5 per cent, the...
Claims after Costa disaster could reach USD 1 billion, says Moody’s
Insured losses relating to the Costa Concordia disaster could tip USD1 billion (£650 million) once all related costs are taken into account, according to...
US : Supreme Court overturns California’s meat safety law
The US Supreme Court Monday overturned a California law that set strict standards for slaughtering and selling the meat of sick and injured animals.
The...
Mandatory contraception cover for U.S. insurers
Most insurers in the US will be required to cover women for contraception at no extra fee, after US health authorities finalised changes last...
U.S. : insurance plans will have to consider contraception and other preventive health services
US health authorities on Friday finalized a change that will force most insurance plans to cover contraception for women and other preventive health services...
US Insurers to raise £325 million in cat bonds
American insurers aim to raise at least $500 million (£325 million) through catastrophe bond sales this month in the hope of regaining lost capital...
ING Asia deal worth £4.16b
Shares in insurance giant AIA jumped by more than three per cent Thursday after reports this week that the company may be looking to...
AIA eyes ING asian operations
AIA Group Ltd is exploring the possibility of an acquisition of Dutch ING's Asian operations, valued at around £3 billion pounds.
AIA, which is about...
Who insured The Costa Concordia?
Assicurazioni Generali, RSA Insurance Group and XL Group, Bloomber - these are three of several companies who insured Carnival Corp.'s wrecked cruise ship off...
QBE expands to general liability re
QBE, the specialist in business insurance, has expanded its Dubai branch’s underwriting capability into General Liability Facultative Reinsurance for Middle Eastern and North African...
Liberty Syndicates to sponsor FIFA 2014
Liberty Syndicates Brazil, a member of Libert Mutual Group, has joined the likes of Sony, Coke and adidas in sponsoring the FIFA world cup...
Medical Insurance reaches 95% of China
Chinese people living in rural areas had more medical cover than people in cities in 2011, according to Chinese Health Minister Chen Zhu.
China.org.cn reported...
First new nuclear insurer in 30 years launched
A new player in the nuclear insurance industry was unveiled today, with the launch of Malta based, Northcourt. The facility is said to be...
Irish health insurance : customers jumping ship
Recent increases of a government levy on health insurance has seen price hikes in Ireland, resulting in thousands of people cancelling their cover.
The levy,...
Quakes and floods cost Suncorp Australia £166 million
The hail storms in Melbourne and the Chritschurch earthquake will cost Australian insurer Suncorp between AUD200 million and AUD250 million (£133 million to £166...
Moodys affirms Girbraltar Life’s IFS after merger
Moody's has affirmed the A2 insurance financial strength (IFS) rating of Gibraltar Life Insurance following its merger with AIG Edison and AIG Star Life....
AIG : increases 2012 catastrophe reinsurance program by half a billion AUD
Insurance Australia Group Limited (IAG) today announced it has increased its catastrophe reinsurance program by over half a billion AUD.
The company's program for the...
Medicaid patients half as likely to survive cancer in the U.S.
Cancer patients on Medicaid, a US public medical cover, survived less time than people with private or no insurance, new data shows.
The research, which...
De ja vu for NZ : more quakes
Ten months after the February earthquakes that killed 181 people and cost insurers and re-insurers billions, Christchurch has experienced two more strong shakes.
While...
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