Insurance news
Gloomy Scenarios In UK Insurer Stress Tests Already Happened
Gloomy scenarios to assess the resilience of U.K. insurers turned into reality within weeks of the tests being carried out earlier this year, casting doubt on their usefulness.
Chairman of Allianz UK : Clement B Booth joins the ABI Board
Clement B Booth, Member of the Board of Management of general insurance group Allianz SE and Chairman of Allianz UK, has been appointed to the ABI Board
Special report – Employers’ liability guide
Most employers are required by the law to insure against liability for injury or disease to their employees arising out of their employment. This guide is intended to help you to understand what is required. It is not a legal interpretation of the Employers’ Liability (Compulsory Insurance) Act and it has no formal legal status. You should be aware that only the courts can authoritatively interpret the law.
BIBA’s new London committee promises greater influence
Last week’s first meeting of the British Insurance Brokers’ Association (BIBA) new London Market Region Committee (LMRC) had a clear aim: to set the kind of goals and strategy that would mark a fresh approach to London broker representation.
Aon Benfield CapTivate Product Becomes Integral Solution for Energi Holdings
Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, announces today that Energi Holdings, a leading industrial captive reinsurance company, has utilized its CapTivate reinsurance solution to support Energi’s growth.
End of road for lower benefits insurance costs
Employers could face higher costs for life, critical illness and income insurance cover, according to research from Aon Consulting, the employee risk and benefits firm
AIG to complete sale of its consumer finance operation in Mexico
American International Group, Inc. (AIG) today announced that it has closed the sale of its consumer finance operations in Mexico
Good pension package offers is becoming a competitive advantage for British businesses
Pensions are the most important feature a company can offer employees, with nine out of ten saying they are either a very important or fairly important factor influencing the decision to join a company, according to a survey by Aon Consulting.
Aon declares quarterly dividend
Aon Corporation announced that the Board of Directors has declared a quarterly cash dividend of $0.15 per share on outstanding common stock. The dividend is payable on August 17, 2009 to shareholders of record on August 3, 2009
Towergate Risk Solutions – Darren Paterson appointed as Account Executive
Towergate Risk Solutions (TRS) Leeds today announces the appointment of Darren Paterson as an Account Executive. Darren joins Towergate from Oval in Wakefield, where he advised corporate clients on their insurance programmes for over 10 years.
AXA employees roll up their sleeves and save local community over £100,000
Over 1,000 AXA employees based in Bristol have completed 150 tasks set by local charities, schools and community groups, helping to save over £100,000...
Rear-end accidents cost the insurance industry over £500 million a year
Rear-end accidents are by far the most common type of accident on British roads. Car insurance Admiral has calculated there are over 420,000 rear-end bumps in the UK each year*, and they account for one in four of all road accidents.
Car Insurance Fraud On The Rise
Association of British Insurers (ABI) has reported that car and home insurance fraud is costing the average UK household £44 in higher premiums every...
Government gets passenger air levy wrong, despite insurance industry warnings
The Government has failed millions of holidaymakers with its ill-advised decision to change the way that victims of air travel tour operators are protected.
In...
Top tips to keep your children safe during holiday
Holiday hotspots for child claims revealed Spain, the United States and France may well be popular family holiday destinations, but in fact they don’t...
Aviva launches commercial property owners package
Aviva has launched its new commercial property owners cover via its online trading platform, Fast Trade.
The new offering, which is traded exclusively online, is...
Summer job – Employers have to ensure a safe working environment
With the summer holidays upon us, employers often forget to ensure a safe working environment for young people.
During 2008, there were a number of...
Aviva to provide £10,000 worth of free life cover for new parents
Over 3 million1 families put children at financial risk by skipping family protection
Britain's parents were today given a helping hand by Aviva – with...
Patrick Smith appointed as Chairman of BIBA to succeed Derek Thornton
The British Insurance Brokers’ Association (BIBA) has announced that Patrick Smith, Chairman of Swinton, will become Chairman of the trade association in September. He...
166% Rise in Cost of Trade Credit Insurance Claims
Latest ABI figures show that trade credit insurance remains a vital lifeline to businesses that are hit by the effects of the recession. In...
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