Home Uncategorized
Uncategorized
Insurance sales feel rule pinch
The new Ulip norms are taking its toll on policy sales by life insurers, including the Life Insurance Corporation of India (LIC). The new...
Home insurance : Homeowners “At Risk” with Buildings Insurance Cover
BCIS (The Building Cost Information Service of the Royal Institution of Chartered Surveyors) releases research highlighting how a high proportion of homeowners could be...
Short news : French strike over pensions as Sarkozy vows fuel action
French President Nicolas Sarkozy on Tuesday vowed action against strike-induced fuel shortages threatening to paralyse the economy as workers and students rallied to defend...
XL Insurance : granted license to operate in the Labuan insurance market
XL Insurance Company Limited today announced that it has been granted a license from the Malaysian Federal Territory of Labuan to underwrite business in...
Retirement: Brits shun retirement in favour of ‘sociable’ jobs
- 51 % of Britons wish to continue working after they reach the retirement age as a way of staying active
- Less than...
BIBA : asking for a proportionate and cost effective approach to regulation
The British Insurance Brokers’ Association (BIBA) has formally responded to the HM Treasury consultation paper on a new approach to regulation. BIBA prepared and...
Allianz : latest minimum wage changes
Allianz Legal Protection is highlighting to brokers the recent changes to the National Minimum Wage system which affects the remuneration of employees.
Employers generally anticipate...
Partnership : Chedid Re and Price Forbes & PartnersPartnership : Chedid Re and Price Forbes & Partners
Chedid Re and Price Forbes & Partners have entered an association agreement for the insurance and reinsurance placement of upstream and downstream hydrocarbon energy...
BIBA : Social media guidance produced for brokers
The British Insurance Brokers' Association (BIBA) has produced a collection of legal guidance to help brokers understand and manage the potential risks surrounding the...
Allianz : investment in Channel Tunnel rail
The German insurer joins CKI, the investment group owned by Hong Kong billionaire Li Ka-shing and two consortia - Eurotunnel, Goldman Sachs and M&G...
Car insurance : premiums and fees rise
It appears there is no light at the end of the tunnel for motorists after another record rise in car insurance premiums.
The AA British...
India : IndiaPost to sell insurance policies
India’s largest distribution network with 1.55 lakh offices has been thrown open to the insurance industry with the industry regulator allowing IndiaPost to sell...
AIG / AIA : IPO institutional books to close early
AIG will close the institutional books for the AIA IPO on Tuesday, two days ahead of schedule due to strong demand. AIG will sell...
Home insurance : after the dammage
Your life has been turned upside down by a natural disaster or fire that damages your home, or a burglary resulting in a loss...
Joint venture : Mercuries buys U.S. MassMutual stakes
U.S. based insurer MassMutual will sell its stake in a joint venture with partner Mercuries Corp for T$3 billion ($97 million), in the latest...
Aon : Aon will cut 1,500 to 1,800 jobs
Aon will cut 1,500 to 1,800 jobs over the next three years, the insurance conglomerate said Thursday, two weeks after closing its acquisition of...
Life insurance : Tesco expands insurance products
Tesco, the supermarket giant, will expand its insurance activities by selling life insurance. Although Tesco has previously focused its insurance business on car insurance,...
Flat or softer market conditions expected in the energy insurance market for the next year
A poll of delegates at Aon’s 10th Middle East Energy Conference found that 41% expect premium prices in the energy insurance market to remain...
Acquisition : Resolution buys Bupa business for £165m
Today Resolution has announced the proposed acquisition of Bupa Health Assurance Limited (BHA) by Friends Provident Life and Pensions Limited, a subsidiary company of...
BGL Group : Results 2009/10
The BGL Group today reported a strong performance in a challenging market, with the announcement of its financial results for the year July 2009...
Prev
