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Electrical Contractors’ Insurance creates new Affinity Division and integrates management for its insurance companies
Following the acquisition of BrandRisks Group Ltd (the holding company of BrandRisks Ltd and PropertyRisks) in September 2008, Electrical Contractors’ Insurance Services today announced...
Aviva urges SMEs to plan ahead of a disaster
Small and medium sized businesses (SMEs) are putting their livelihoods at risk by not taking the time to prepare disaster recovery and business continuity...
Aon urges business in Middle East to plan for worst case scenarios
While many international businesses with interests in Egypt have just gone through the experience of securing or evacuating their staff from the country, Aon Risk...
UK businesses at threat from environmental legislation
UK businesses are dangerously exposed to the possibility of heavy fines under the latest UK and EU legislation regarding environmental liability, according to Aon,...
Australia : Brisbane’s flood insurance criticised by opposition
It is expected the State and Federal governments will cover most of the AUD440 million damage bill. But Brisbane Labor leader Shayne Sutton told...
Finland’s Sampo Group doubles fourth-quarter result
Finland's biggest insurance group Sampo reported a doubling of fourth-quarter net profits to 302 million euros ($412 million), beating expectations and boosting full-year profits...
BIBA joins up with Broking now! to provide voice for brokers
The British Insurance Brokers’ Association (BIBA) has joined up with Broking Now! the leading insurance broker omnibus research panel from FWD Marketing. The research...
Cyclone Yasi may cost Australia $5 billion
Cyclone Yasi may have cost Australia up to $5 billion in damages after ripping through the country's northeast, destroying towns and key crops, catastrophe...
Strong growth for Aviva
Aviva today announces that it has increased final bonuses and reduced market value reductions (MVRs) for unitised with-profits customers. Investors have seen strong growth...
Aon Reports Fourth Quarter and Full Year 2010 Results
Aon Corporation today reported results for the fourth quarter and full year ended December 31, 2010.
Net income attributable to Aon stockholders increased 17% to...
IAG update on reinsurance and severe weather events
Insurance Australia Group Limited (IAG) today provided an update on its calendar 2011 catastrophe reinsurance programme, in light of recent severe weather events including...
QBE acquires Balboa insurance portfolio from Bank of America
Bank of America agreed to offload its Balboa insurance portfolio to Australia's QBE Insurance for more than $700 million, the latest in a string...
Australia reels at multi-billion dollar economic loss following record floods
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation, releases the latest edition of its Monthly Cat Recap report, which reviews...
The AA : insurance premiums keep on rising according to AA index
The AA’s British Insurance Premium Index shows that over the last three months of 2010, car insurance premiums jumped by a further 6.4%: adding...
European Parliament confirms EIOPA Chairman
Gabriel Bernardino will be the first Chairperson of the European Insurance and Occupational Pensions Authority (EIOPA). Mr. Bernardino, 46, was elected by the Board...
Financial results : Munich Re posts profit of over €2.4bn for 2010 and raises dividend to €6.25
German re-insurance giant Munich Re posted Thursday a 2010 net profit of 2.43 billion euros ($3.35 billion) despite heavy losses from natural disasters and...
Increase in FSCS for brokers in 2011
The British Insurance Brokers’ Association (BIBA) has warned that brokers will see increases in June for 2011/12 Financial Services Compensation Scheme (FSCS) levies of...
US Republicans forge ahead on health law repeal
President Barack Obama's Republican foes in the US Senate set the stage Tuesday for a vote this week on repealing his signature health care...
Hannover Re announces a positive year ahead
Hannover Re is satisfied with the outcome of the treaty renewals in non-life reinsurance as at 1 January. "The renewals passed off better than...
Aon Benfield : workshop on African Extreme Natural Hazards
Aon Benfield Natural Hazard Centre at the University of Pretoria has hosted the first ENHANS International Workshop on Extreme Natural Hazards and Disaster Risk in...
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