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Captive insurers are moving away from the British Virgin Islands
By the end of the third-quarter of 2012, the British Virgin Islands had 156 captive insurers and 34 domestic insurers. Although the British Virgin...
EIOPA : publishes Survey of EU practice on default investment options
The European Insurance and Occupational Pensions Authority (EIOPA) has published its Survey of EU practice on default investment options.
The survey was conducted as a...
RMS commentary on the Boston bombings
The bombings at the Boston Marathon that killed 3 people and injured more than 178 people have been a strong reminder of the homegrown...
IAG : outlines strategy to sustain market leading position in New Zealand
Insurance Australia Group Limited (IAG) provided an update on its New Zealand business and outlined its strategy to maintain its leading position and deliver...
AIR Worldwide : new Real-Time Climate Risk Analytics Service
Catastrophe modeling firm AIR Worldwide (AIR) announced the availability of Real-Time Climate Risk Analytics, a new service for corporations and emergency management agencies to...
AIR Worldwide : M6.6 earthquake strikes China’s Sichuan Province, buildings leveled in rural villages
According to catastrophe modeling firm AIR Worldwide, A strong earthquake shook a largely rural region of China's Sichuan province on April 20 at 8:02...
RMS : Boston Marathon Bombing
On Monday, April 15, two bomb explosions occurred in Boston, Massachusetts, near the finish line of the Boston Marathon. Both explosions appear to be...
Micro-Insurance offers hope for Swazi insurance industry
The Swazi insurance industry is still in its developmental stages, struggling to overcome low penetration rates and dependence on SACU (Southern African Customs Union)...
AIR Worldwide : powerful M7.8 earthquake strikes Iran-Pakistan border
According to catastrophe modeling firm AIR Worldwide, just after 3:00 p.m. local time (10:44 UTC) on April 16, a powerful M7.8 earthquake struck a...
Aviva : nearly 40% of all home insurance claims are the result of water damage
With a heavy spring thaw underway, Canadians are seeking various ways to protect their homes this season. Approximately 40 per cent of all home...
Tanzania : local insurance industry looking bright
The Tanzanian economy, the second-largest in the East African region after Kenya, remained relatively unaffected by the global financial crisis with a 7.0% rise...
EIOPA : Joint Committee of the European Supervisory Authorities calls for action on cross-sectoral risks
The Joint Committee of the European Supervisory Authorities (Joint Committee) has published today its first Report on Risks and Vulnerabilities in the European Union’s...
Jelf Employee Benefits responds to Kuwait’s decision to reduce expats by 1 million
Kuwait has publicly declared its intent to decrease its dependency on foreign workers – reducing the expat population by 1 million over the next...
AIR Worldwide : M6.3 quake strikes Iran coast near Nuclear Plant, Minimal Insured Losses Expected
According to catastrophe modeling firm AIR Worldwide a M6.3 earthquake struck 55 miles southeast of Bandar Bushehr near Iran’s southwest coast, however insurance losses...
Aon / Manchester United : ground-breaking new eight-year partnership agreement
Manchester United and Aon announced an innovative new business partnership which will, from 1 July 2013, extend their relationship by an additional eight years...
Metal for plastic : Xchanging’s role in reducing horse racing accidents in Australia
Racing Victoria Ltd (RVL) was established in 2001 to provide independent governance of thoroughbred racing in Victoria as well as promoting and managing the...
Kuweit : non-oil revenues benefit insurers
The Kuwaiti government’s efforts to balance its economy’s revenue sources through the development of non-oil sectors, along with more stringent regulation of the insurance...
4th Eastern Africa Oil, Gas & Energy Conference 2013, held in Nairobi
Recent large and world-class gas discoveries in Mozambique and Tanzania, with potential for more to come, and commercial oil flows in Kenya, show the...
Infrastructure investments in El Salvador to boost insurance industry
Government initiatives to invest in infrastructure are set to restore economic growth in El Salvador, which will prove beneficial for the country’s insurance industry....
Aon Hewitt : urges U.S. Employers and Providers to encourage workers to keep retirement dollars in the employer-provided system
A report just released by the U.S. Government Accountability Office (GAO), "401(k) Plans: Labor and IRS Could Improve the Rollover Process for Participants," showed...
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