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Zurich Financial has signed an agreement to acquire 80% of PT Mayapada Life, a Indonesian life insurer
Zurich Financial Services Group (Zurich) announced today that its subsidiary Zurich Insurance Company Ltd has signed an agreement to acquire 80% of PT Mayapada...
AXA Elevate scores appointment hat-trick
AXA Elevate has appointed three new distribution directors, Craig Metcalf, Daniel Neep and James Smith, effective from 1 June 2010
Craig Metcalf has worked in...
Public entities to gain increased efficiency and reduced casualty risk costs
Two-Pronged casualty claims solution from Aon eSolutions and Aon Global Risk Consulting combined browser-based claims technology and casualty claims consulting to launch at PRIMA.
Aon...
AEGIS London appoints Matthew Yeldham to head casualty team
AEGIS London has appointed Matthew Yeldham as its new Head of Casualty.
Mr Yeldham joins on 12 July and, subject to regulatory approval,...
UK workers’ insurance benefits costs set to rise
Employers could face higher costs for providing life, critical illness and income insurance cover as benefits to their employees.
Aon Consulting’s annual survey of...
Prudential’s Thiam vows to regain trust after AIA failure
Under-fire Prudential chief executive Tidjane Thiam apologised to shareholders on Monday for the failed takeover of US insurance giant AIG's Asian unit AIA and...
Swiss insurer Zurich takes foothold in Indonesia
Swiss insurer Zurich Financial Services said on Monday it had gained a foothold in Indonesia's fast growing life insurance market with an agreement to...
Prudential chairman says no heads will roll over AIA
Prudential chairman Harvey McGrath said in an interview on Friday that no heads would roll at the British insurer after it abandoned an ambitious...
Credit insurers could challenge ratings agencies
Credit insurers have what it takes to be fully-fledged financial ratings agencies and compete with existing ones, French central bank governor Christian Noyer said...
Horse insurance : new product launched by Cornish Mutual
A new insurance product for horse owners in the South West has been launched by regional firm Cornish Mutual for the first time.
The company,...
Unemployment insurance: Italy’s official rate rises to 8.9 percent
Italy's unemployment rate in April rose to 8.9 percent from 8.8 percent in March, reaching the highest level since the fourth quarter of 2001,...
Aon Kicks off Four-Year Manchester United Shirt Sponsorship With Global Charity Initiatives
Aon Corporation (NYSE: AON), the world's leading risk advisor and human capital consultant, today kicked off its four-year shirt sponsorship of Manchester United with...
Tropical Storm Risk warns of active 2010 hurricane season
Tropical Storm Risk (TSR), which provides real-time mapping and prediction of tropical cyclone windfields worldwide and is co-sponsored by Aon Benfield, today releases its...
Europe moves to levy bank failure tax
Banks will never again be allowed to call on taxpayers to clean up their mess under plans for a new Europe-wide crisis insurance levy...
Travel insurance: Sri Lanka welcomes end to US travel warning
Sri Lanka on Thursday welcomed the lifting of a US warning against travel to the Indian Ocean island, anticipating a boost to tourism and...
Austria extends ban on naked short-selling
The Austrian financial market watchdog, the FMA, said Tuesday it had decided to extend a current temporary ban on so-called naked short-selling by a...
Aon Benfield announces academic and industry research collaboration
Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, is broadening its capabilities and bringing together its academic and industry research relationships under...
Austrian inflation stable at 2.0 percent in April, insurance costs also up
Austrian inflation remained stable in April at 2.0 percent, on the back of continued high fuel prices, official data showed on Tuesday.
The Austrian consumer...
Unemployment insurance: For 534 jobs, Naples gets 112,572 applications
The southern city of Naples received 112,572 applications for 534 public administration jobs such as traffic police officer and public accountant, Italian media reported...
Dual launches new broker PI facility
Specialist professional indemnity underwriting agency, DUAL Corporate Risks has secured new capacity for underwriting broker’s professional indemnity cover.
The £5m liability capacity, provided by AmTrust...
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