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Lloyd’s Market Association urges managing agents to sign up for ‘Non-moving Claims Service’
The new service designed to tackle so-called ‘non-moving claims’ in the Lloyd’s market is operational and ready for managing agents to sign up, the...
Travellers losing out on Euros, AA Financial Services says
New research from AA Financial Services suggests that travellers preparing for their winter sports fix could make their money go further with better management...
2011 Brit Insurance Design Awards shortlist
Showcasing a year in design, the fourth annual Brit Insurance Design Awards features an international shortlist ranging from Yves Behar’s Swarovski Chandeliers to concrete...
Federal Treasurer Wayne Swan has flagged changes to the insurance industry
Federal Treasurer Wayne Swan has flagged changes to the insurance industry in the wake of Queensland's devastating floods.
Mr Swan says there appear to be...
The New York Fed received $47 billion from AIG
AIG has paid off the Federal Reserve Bank of New York but U.S. taxpayers are still on the hook for $94 billion, officials said.
The...
Nigerians asked to embrace insurance culture
Against the backdrop of the natural and man-made disasters lurking around the country, insurance chief executives in the country have admonished Nigerians against overlooking...
Australia : Insurance Council of Australia updated the number of claims
Suncorp, IAG and QBE gave a lesson in remaining cool in a crisis, reassuring the public and the markets that they could pay out...
Japanese NKSJ to expand over three year period
NKSJ and its bigger rivals MS&AD Insurance and Tokio Marine Holdings are accelerating their overseas expansion as Japan's 8 trillion yen ($95 billion) property-casualty...
New : iPhone app to get quick insurance
Innovative gadget insurance provider, Protectyourbubble.com has launched a new free app for iPhone users, allowing them to insure their iPhone and indeed any other...
AIG preparing to finalise agreement with US Government
American Insurance Group, the insurer whose collapse triggered pandemonium in financial markets across the world two years ago, is preparing to sever its ties...
Study : Race, income major factors in US health
US health authorities released a first of its kind report on Thursday that documents inequities across race, sex and income levels with respect to...
Aon Benfield Securities releases its latest Insurance Linked Securities (ILS) report
Aon Benfield Securities, the investment banking and capital advisory subsidiary of Aon Corporation, today releases its latest Insurance Linked Securities (ILS) report, which examines...
Australia : flood may be costliest in Australian history
The Queensland floods may cost insurers and reinsurers worldwide as much as $6 billion in what might be Australia’s costliest disaster in history.
Insured losses...
EIOPA : Gabriel Bernardino is first Chairman
The European Insurance and Occupational Pensions Authority (EIOPA) has selected Gabriel Bernardino to become the Authorities’ first Chairperson. Mr. Bernardino, who is currently the...
Australia : reasonable protection for non-life insurance companies against the floods
Fitch Ratings has commented today that catastrophe reinsurance offers reasonable protection to Australia's major non-life insurance companies against floods in Queensland and Northern New...
BIBA : manifesto focuses on Regulation and helping customers
The British Insurance Brokers’ Association has launched its 2011 manifesto outlining its priority lobbying issues for the year ahead.
The manifesto highlights three key lobbying...
Healthcare predictions for 2011 from Jelf Employee Benefits
The coalition government has certainly made its presence felt within the healthcare industry and with the longer-term shockwaves yet to be felt, Jelf Employee...
Medical officials brace for endemic disease after floods
Australian medical officials braced Thursday for rampant disease in the country's swamped northeast, with filthy floodwaters harbouring sewage, dead animals and dangerous debris.
Dozens of...
AIG credit ratings cut, outlook stable
Ratings agency Moody's has downgraded AIG by one notch, after the cash-strapped US insurance giant promised to undergo by Friday recapitalization measures to repay...
Australia : IAG update on claims experience
Insurance Australia Group Limited (IAG) today provided an update on its claims experience arising from the extreme weather conditions which are affecting so many...
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