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Minister comment on Continuous Insurance enforcement
Mike Penning MP, Parliamentary Under Secretary of State (Department for Transport), said yesterday that continuous insurance enforcement (CIE) will help drive uninsured drivers off...
Invest in Japan after earthquake
Warren Buffett believes Japan's devastating earthquake is the kind of extraordinary event that creates a buying opportunity for shares in Japanese companies.
Japan, the world's...
AIG unit forecasts Japan quake loss of $700 mn in Q1
Insurer AIG said Friday that Japan's massive earthquake and tsunami disaster would cost its Chartis subsidiary $700 million in the first quarter of 2011.
AIG...
Fitch Rates Allianz’s Subordinated Debt Issue ‘A’
Fitch Ratings has assigned Allianz SE's (rated 'AA-'/Stable) EUR2bn subordinated debt issue a 'A' rating.
The subordinated debt has been issued by Allianz Finance II...
US run on iodide pills despite reassurances
US authorities sought Wednesday to reassure Americans that there is minimal health risk here of radioactivity from Japan, as a US iodide pill maker...
Worried Hawaiians rush for iodine supplements
Hawaiians are rushing to get iodide pills to protect against radioactivity from a quake-crippled Japanese nuclear power plant, store owners on the Pacific island...
S.Korea warns against panic-buying of iodide pills
South Korean pharmacists issued an appeal Thursday cautioning against panic over Japan's crisis-hit nuclear plants, as callers flooded drug stores with requests for iodide...
Japan to start screening food for radioactivity
Japan instructed local authorities on Thursday to start screening food for radioactivity after accidents at an earthquake-hit nuclear power plant sparked fears of wider...
Japan’s Nippon buys 26% of Reliance Life for $680 mln
Japan's Nippon Life Insurance said Monday it had bought a 26 percent stake in billionaire Anil Ambani's Reliance Life Insurance for $680 million, the...
WHO says ready to help Japan in nuclear crisis
The World Health Organization said Tuesday it was ready to help Japan, which is grappling with a nuclear emergency after some reactors were damaged...
Mactavish / PwC : British businesses exposed to costly failings in insurance protection
- Commercial insurance ‘not fit for purpose’ for post-crisis era, with claims disputes set to rise
- Serious flaws in the way corporate insurance policies...
Earthquake damage up to $34 billion
The massive earthquake that struck Japan will exact a massive economic toll estimated at between $14.5 billion and $34.6 billion, a leading risk analysis...
RMS Commentary on Japan Earthquake
On Friday, March 11 a powerful magnitude 8.9 Mw (moment magnitude) earthquake occurred offshore the east coast of Honshu, Japan (02:46pm local time). The...
AXA’s sale of 15.6% stake in Taikang Life; main regulatory hurdle cleared
China Insurance Regulatory Commission (“CIRC”) has issued its approval in connection with the proposed transfer by AXA’s wholly-owned Swiss subsidiary, AXA Life ltd., of...
Japan PM vows to protect public health near nuke plant
Japan's Premier Naoto Kan on Saturday urged calm among people living near a nuclear power plant hit by an explosion and vowed the government...
Fitch Maintains Insurance Group MSK on RWN
Fitch Ratings is maintaining Insurance Group MSK's (IG MSK) Insurer Financial Strength (IFS) rating of 'BB' and National IFS rating of 'AA-(rus)' on Rating...
AA Insurance response to Transport Committee report: Cost of Motor Insurance
AA Insurance supports the findings of the Transport Committee inquiry into the Cost of Motor Insurance.
The inquiry was prompted by the AA’s British Insurance...
Aon Benfield Cat Alert: Japan Mega-Earthquake and Tsunami
A mega-earthquake and tsunami struck off the northeastern coast of Japan this morning, with initial reports suggesting significant damage, injuries and fatalities. The United...
Swiss Re shares drop amid Japan quake
Shares in Swiss Re, one of the world's biggest reinsurers, fell 4.6 percent in early trading on Friday after Japan was struck by its...
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