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450,000 customers helped by insurers in the December freeze
Each day during last December’s record freeze and heavy snow, insurers dealt with over 12,000 claims at a cost of £38 million, to customers...
Claimant law firm practices pointed out by Hiscox as being unfair
Specialist media and technology insurer Hiscox has criticised some claimant law firms for manipulating and inflating costs in defamation and privacy cases.
Responding to the...
Towergate and Advent International conclude deal
Towergate announces that it has entered into a conditional agreement in relation to a £200 million investment by Advent International (“Advent”), the global private...
Fitch affirms PrismaLife at IFS ‘BBB+’
Fitch Ratings has affirmed PrismaLife's (PL) Insurer Financial Strength (IFS) rating at 'BBB+', Long-term Issuer Default Rating (IDR) at 'BBB' and senior bond rating...
New : Dual’s blog sais no love lost between business and technology
DUAL Corporate Risks is launching a blog that explores the turbulent love-hate relationship between business and technology functions within the insurance industry.
Tim Grant, head...
OFT private healthcare study – AMII views
The Association of Medical Insurance Intermediaries (AMII) has recognised that benefit fee limits and hospital networks are a necessity to maintaining a cost-effective insurance...
US hedge fund eyes China elderly housing
US finance firm Fortress Investment plans to raise $1 billion for a China fund that would invest in housing for the ...
Second outlet for AXA Gulf in Oman
AXA Gulf, the international non-life company in the GCC, has announced the opening of its second outlet in the Sultanate of Oman. The opening...
Flood defences could help prevent insurance claims
A total of 21 flood defence projects have been outlined in coastal areas of England and could help property owners avoid insurance claims as...
Spanish prosecutors, ecologists urge action on pollution
Spain's public prosecutors joined environmental groups Wednesday in demanding emergency measures to clear a thick layer of smog lingering over Madrid that medics warned...
Insurer Zurich posts 13% slump in 2010 net profit
Swiss insurer Zurich Financial Services on Thursday posted a 13 percent slump in annual net profit to 3.43 billion dollars, hurt by losses from...
Fitch revises Travel and General Insurance Company’s outlook to BBB-
Fitch Ratings has revised UK travel bond insurer Travel & General Insurance Company plc's (TGIC) rating Outlook to Stable from Negative and affirmed its...
20 dead of swine flu in China in 2011
At least 20 people have died of swine flu in China this year, the health ministry said Friday, but officials said there was no...
Aon Benfield wins Model Insurer award for FAConnect
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation, has won a prestigious award for its innovative use of technological solutions.
The...
DUAL’s strategic partnership provides extra scale in claims handling
Specialist underwriting agency DUAL Corporate Risks has entered into a strategic partnership that will see Kennedys handling claims on a third-party basis.
The arrangement, which...
Allianz Retail has secured a multi-year deal
Allianz Retail has secured a multi-year deal to provide affordable pet insurance to The Co-operative Insurance.
Underwritten by Allianz, The Co-operative Insurance will be offering...
New US jobless claims tumble to 2-year low
The number of new claims for US unemployment insurance tumbled last week to a two-year low, according to official data Thursday, offering hope for...
Aon Hewitt Goes Live with Eight New Benefits Administration Clients in January
Aon Hewitt, the global human resource consulting and outsourcing solutions business of Aon Corporation, announced today it successfully went live with eight new Benefits...
Sterling Insurance training programme for brokers
Sterling Insurance Company is calling on regional brokers to learn the latest trends in security systems and risk management by attending free training, with...
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