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Insurance payout for Tropical Storm Tomas
Tropical Storm Tomas has triggered a $12.8 million hurricane coverage insurance payout in four eastern Caribbean states, the Caribbean Catastrophe Risk Insurance Facility (CCRIF)...
Research : does Competition benefit health insurance subscribers?
Uwe E. Reinhardt is an economics professor at Princeton. He has some financial interests in the health care field.
How does competition work in the...
New : Hi-tech helps reduce health threat at mass gatherings
Canadian Dr. Kamran Khan looks at a digitised 3-D map of the world at the time of the World Cup last June showing the...
Investment : Zurich to Invest $420 Million in New China Life
Zurich Financial Services AG will spend as much as $420 million to participate in the capital raising of unlisted New China Life Insurance Co.,...
AIA set for Hong Kong debut after huge share offer
The Asian unit of troubled US insurer AIG is set to make its trading debut in Hong Kong on Friday after a monster share...
AXA : French insurer reports 3.5 percent rise in sales
French insurer Axa SA said Thursday sales rose 3.5 percent over the first nine months of the year to 70.462 billion euros (97.042 billion...
BIBA to tackle the question of tax on PMI
The Healthcare Focus Group of the British Insurance Brokers’ Association (BIBA) is to set up a working group to tackle the position of personal...
AEGON to sell third party pensions administration business to Goddard Perry
AEGON UK has agreed the sale of its third party pension’s administration business to corporate consultants Goddard Perry.
AEGON’s third party pensions administration business is...
Making automatic enrolment work is the way forward says Friends Provident
Friends Provident welcomes today's government sponsored review into automatic enrolment and pension reform and is encouraged by the recommendation there should be no...
Aon Benfield : UCL Hazard Centre comment on Indonesian earthquake
Dr Simon Day, researcher at the Aon Benfield UCL Hazard Research Centre, explains the science behind the Indonesian earthquake and tsunami.
- Small earthquake in...
Acquisition : Munich Re to acquire Windsor Health Group
Munich Re has agreed to acquire Windsor Health Group, Inc. (Windsor). The planned purchase is a further step in Munich Health’s strategy to strengthen...
Acquisition : Ace to Buy New York Life Units for About $425 Million
Ace Ltd., the Swiss insurer operating in more than 50 countries, agreed to buy New York Life Insurance Co.’s Hong Kong and South Korean...
Acquisition : Apollo and CVC confirm Brit Insurance bid
Apollo and CVC finally published details of their offer on Tuesday as Brit released an update on its trading performance to the market. The...
Swiss Re transfers USD 175 million of extreme mortality risk to the capital markets through the Vita securitization programme
Swiss Re today announced the transfer of USD 175 million of extreme mortality risk to the capital markets through the Vita securitization programme.
This is...
Cancellation insurance : pop stars Scissor Sisters cancel Euro tour
The scissor sisters are having financial issues and have to cancel their European tour. The band said in a statement posted on its website...
Insurers face new wave of regulation
The business agenda has been dominated by the latest developments in the regulation of banks. From Basel III to new European banking regulations on...
Acquisition : Aon Italia S.p.A. acquired Rasini Viganò S.p.A.
Aon Italia S.p.A., provider of risk management services, insurance and reinsurance brokerage in Italy, announced that it has acquired Rasini Viganò S.p.A,, the seventh...
Home insurance : industry on knife-edge as provider numbers swell by 75%
A report by independent financial research company Defaqto, published today, has concluded that the home insurance industry is in good shape but faces a...
Aon Benfield / survey : France and Japan are highest buyers of death & disability catastrophe reinsurance
Aon Benfield, reinsurance intermediary and capital advisor, today launches its first survey of global life insurers to understand reinsurance purchasing patterns and help benchmark...
Aon Hewitt : 2011 tax changes deadline will be tight
A survey by Aon Hewitt of over 300 pensions professionals has indicated that companies are seeing the April 2011 deadline for changes to pensions...
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