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BIBA Welcomes Transport Select Committee Report
The British Insurance Brokers' Association (BIBA) has welcomed the Transport Select Committee's report into the cost of motor insurance. BIBA is pleased that the...
Christchurch quake will cost Munich Re one billion dollars
Munich Re said Thursday that the Christchurch earthquake in New Zealand will cost it about one billion Australian dollars (726 million euros, $1.0 billion).
The...
XL Group announces preliminary losses for New Zealand
XL Group today announced preliminary net loss estimates for the earthquake that struck Christchurch, New Zealand on February 22, 2011.
The Company’s preliminary loss estimates...
Aviva’s new online services for financial advisors
Aviva is making it easier for financial advisers to manage their customers’ finances by launching two online services.
A new fund switch facility added to...
Americans suffer more chronic disease than British
The United States spends twice as much per capita each year on health care as Britain but sees higher rates of nearly every chronic...
Fitch Rating : Brit Insurance outlook stable
Fitch Ratings has affirmed Brit Insurance Limited's (BIL) Insurer Financial Strength (IFS) rating at 'A' with a Stable Outlook. The agency has also affirmed...
AIG repays $6.9 billion of US TARP bailout
Bailed-out insurance giant AIG repaid $6.9 billion of a US government bailout Tuesday, using proceeds from the sale of its stake in industry rival...
Insurer Prudential doubles profits in 2010
British insurance giant Prudential insisted Wednesday that growth in Asia was the group's priority as it announced a doubling of net profits for last...
Aon Benfield : Ideal time for Turkey to embrace Solvency II
Aon Benfield is advising Turkish insurers to take part in the European Union’s Solvency II protocol as high growth makes this is an ideal...
Report : Aviva’s Real Retirement Report
Aviva’s fifth quarterly Real Retirement Report, which reviews the finances of the UK’s over-55s, finds that over the last year, average incomes have fallen...
Acquisition : Google bought BeatThatQuote for £37.7m
Google has acquired UK price comparison website BeatThatQuote for 37.7m GBP.
The US search engine giant's cash will largely go to north London entrepreneur John...
Research : Standard Life launched Insights into Financial Responsibility
Standard Life launched Insights into Financial Responsibility (IFR). It defines how financial behaviours are changing in the relationship between employers and employees. The research...
Aon Hewitt will introduce an advisory program to its 401(K) recordkeeping
Aon Hewitt announced that it will introduce a fully integrated advisory program to its 401(k) recordkeeping clients as it continues to focus on offering...
Insurance cover for festival fun
From New Orleans, to Venice and Rio de Janeiro, people are dancing in the streets.
It’s Mardi Gras season, and millions of revellers throughout the...
Survey : Australian mothers and life insurance
A survey has found that Australian mothers prefer not to face the reality of getting life insurance. Even though 83 per cent say their...
New credit risk challenges for publishers
The increasing popularity of e-books, iPads, and other digital publishing technology is fundamentally altering the way publishers and content providers address the way they...
EIOPA established its new stakeholder groups
The European Insurance and occupational Pensions Authority (EIOPA) today announced the members of its two stakeholder groups, the Insurance and Reinsurance Stakeholder Group as...
Shanghai should become an international financial centre
China plans to set up an insurance exchange in Shanghai as part of efforts to build the city into an international financial centre, the...
ABI : ECJ gender ban is disappointing for UK insurance customers
The decision by the European Court of Justice (ECJ) to ban the use of gender in insurance policies from December 2012 is disappointing news....
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