insurance market
Research and Markets : A Comprehensive Overview of the Insurance Market of Romania
Research and Markets has announced the addition of the "Romania Insurance Market Intelligence" report to their offering.
The insurance industry of Romania has been growing...
AXA UK : The deal with Resolution would result in a one-off writedown of 1.4 billion euros ($1.7 billion) in 2010,
Resolution, set up in 2008 to buy and profitably merge slow-growing British life insurers, said on Monday it hoped to complete the 2.75 billion...
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...
Samsung Life’s IPO draws huge response from investors
South Korea's biggest initial public offering has drawn a huge response from investors, a brokerage said Tuesday, with shares in top insurer Samsung Life...
Steady growth of Saudi insurance sector prompts Chedid Re to set up operations in Kingdom
Chedid Re, one of the leading reinsurance brokers in the MENA region, has announced that it has established a new subsidiary in the Kingdom...
Aerospace insurance costs continues steady descent
The price of insurance for the aerospace industry looks set to continue to decline in 2010, for the fourth year in a row, finds...
Insurance association BIBA launchs “Facts about limitation of liability”
The British Insurance Brokers’ Association (BIBA) has launched a new publication to provide clarification to brokers on the issue of limitation of liability when...
XL Insurance sets up Casualty Operation for Middle Market business in Ireland
XL Insurance, the global insurance operations of XL Capital Ltd (NYSE: XL), today announced the launch of its new Dublin based underwriting operation for...
Lord Levene advised to let the finance industry to regulate itself
Bankers on Wednesday hit out against over-regulation of the finance industry, with the head of British giant Barclays warning that cutting big banks down...
Natural catastrophes cost insurers $20 billion in 2009
Aon Benfield today releases its Annual Global Climate and Catastrophe report, which analyses global natural perils in 2009 and the resultant economic and insured...
Six insurance companies on systemic risk list
The list includes six insurance companies – Axa, Aegon, Allianz, Aviva, Zurich and Swiss Re – which sit alongside 24 banks from the UK,...
RSA Insurance’s revenue rises 4 percent with net written premiums of £5 billion
RSA Insurance Group Plc, the U.K.’s biggest non-life insurer, said nine-month revenue rose 4 percent on higher sales in Canada and Scandinavia.
Net written premiums...
Summary of Munich RE’s figures for the first nine months
The Group recorded a good operating result of €3,318m (2,654m) for the period from January to September, €1,211m of this in the third quarter....
Zurich Financial’s net profits down 24 percent over nine months
Swiss insurer Zurich Financial Services said Thursday its net profit fell 24 percent, slightly lower than expected, over the past nine months to 2.2...
Munich RE reports €1.8 billion profit for the first nine months of 2009
The world's biggest re-insurance group, Munich Re, said Thursday it aimed for a full-year net profit of between 2.2-2.5 billion euros (3.3-3.7 billion dollars)...
European insurance sector shows resilience to the economic crisis
The European insurance sector is demonstrating resilience to the economic crisis, according to figures released todaby the CEA, the European insurance and reinsurance federation.
The...
Moody’s downgrades ING insurance on corporate split
International ratings agency Moody's said on Wednesday it had downgraded ratings on the insurance business that Dutch group ING intends to split off under...
Legal & General in talk to cherry-pick troubled assets from Lloyds Banking Group
The real estate arm of insurer Legal & General is in talks to cherry-pick troubled assets from Lloyds Banking Group in deals that could...
HSBC says ups stake in Vietnam’s leading insurance group: Bao Viet
Global banking giant HSBC said Thursday it had increased its holding in Bao Viet, Vietnam's leading insurance and financial services group.
"HSBC has signed an...
Insurance providers fund fraudsters by hiking excess by 32%
As the insurance industry foots a £1.9 billion fraud bill and recent reports reveal a 44% increase in false claims, new research from uSwitch.com...
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