breaking news insurance
MMA signs up to SIRA in fight against fraud
MMA, the broker-only general insurer, has announced today that the company has signed up to the SIRA system (Syndicated Intelligence for Risk Avoidance), joining...
MMA to accelerate Commercial Lines development
Broker insurer MMA Insurance confirmed on March 25th details of the next stage of its drive into the UK’s commercial lines insurance market, building...
Standard & Poor’s warns Britain of possible rating downgrade
Britain's credit rating could be lowered if a new government fails to cut massive public debt, Standard & Poor's warned on Monday as rival...
Mediobanca chief to head up Italian insurer Generali
Cesare Geronzi, head of investment bank Mediobanca, will be named chairman of Italian insurer Generali, a person familiar with the matter told AFP Friday.
Geronzi...
GB’s young drivers outperform European, Axa said
Insurer Axa announced today that britains young drivers are more dangerous than other Europeans counterparts, in a overhaul study.
An international research study from Axa...
Australian storm to cost $75 million to insurer IAG
Insurance Australia Group Limited (IAG) today confirmed that, as at the close of business on 25 March 2010, it had received in excess of...
US Congress passes ‘fixes’ to landmark health law
The US Congress on Thursday put the final touches on President Barack Obama's historic health overhaul, passing a set of technical changes to the...
Chile quake, tsunami damage put at nearly 30 billion dollars
The massive earthquake that struck central Chile last month, triggering a local tsunami, caused nearly 30 billion dollars in damage, the finance ministry said...
Chaos as freak storm batters Australia’s Perth
Some 100,000 people were left without power Tuesday after a freak storm battered the Australian city of Perth, hurling golf ball-sized hailstones and causing...
Obama’s hails weekend’s ‘historic’ health vote
President Barack Obama Friday hailed this weekend's "historic" congressional vote on his health plan as the culmination of a century of struggle, at a...
Aon Consulting to acquire J.P. Morgan Compensation and Benefit Strategies
Aon Consulting, the global benefits and human capital consulting business of Aon Corporation, today announced it has signed a definitive agreement to acquire J.P....
BIBA PMI Group to broaden remit to wider health issues
The British Insurance Brokers’ Association (BIBA) has today announced that its Private Medical Insurance Group will broaden its remit to include areas such as...
Weekly US jobless claims down
New claims for jobless insurance benefits in the United States edged down last week, according to Labor Department figures published Thursday.
Some 457,000 Americans claimed...
Swiss insurer Baloise reports profit rise
Swiss insurance group Baloise on Thursday announced an 8.9 percent increase in annual net profit in 2009, just below analysts' expectations despite strong business...
Obama wins critic over to health overhaul
A fierce Democratic foe of the White House's historic health care overhaul said Wednesday he would vote for the bill, citing a fear that...
Bulgaria drops plans to raise health insurance
Public pressure prompted Bulgaria's cash-strapped government on Wednesday to drop plans to raise health insurance payments and seek other ways to support its under-funded...
Reinsurer Swiss Re estimated a big disaster bill in 2010
Disasters killed 15,000 people and cost the world 62 billion dollars in 2009, but the insurance industry could face a financial bill five times...
Axa UK to launch a 10M£ campaign to promote new online offer for car insurance
The campaign, realized by the advertising agency UK MWO, shows the arrival of Axa in online insurance market in United Kingdom.
Axa UK will target...
Chilean earthquake to be the most expensive insured event in Latin American history
Following the recent earthquake in Chile and with continuing aftershocks, Stephen Jackson, Managing Director Latin America, Cooper Gay, comments today on the likely impact...
Air France insurer to appeal Brazil crash ruling
Air France's insurance company Axa on Friday said it will appeal a Brazilian court ruling ordering the French carrier to pay compensation to the...
