Insurance news
Kidnap insurance premiums could escalate within weeks
The lull in Gulf of Aden pirate attacks during monsoon season means kidnap and ransom insurance rates for such risks have fallen by around...
Zurich continues to demonstrate year on year Dow Jones Sustainability Index improvements
Zurich Financial Services Group (Zurich) is pleased to announce that the Group in 2009 again met one of its ongoing corporate responsibility objectives -...
UnitedHealth Group Donates $25,000 to the American Red Cross to Help Residents Affected by California Wildfires
UnitedHealth Group (NYSE: UNH) is delivering much needed assistance to individuals affected by the California wildfires with a $25,000 donation to the American Red...
Research and Markets announce Claims Management in UK General Insurance 2009 report
This report provides a comprehensive analysis of claims costs in the UK general insurance market covering motor, property and liability insurance. The report also...
HCC Life Insurance Company to rename medical insurance product to HCC Life Short Term Medical (STM).
HCC Life Insurance Company (HCC Life) announced today its renaming of its short term medical insurance product to HCC Life Short Term Medical (STM)....
AIG to announce the buyer of its Taiwan Nan Shan Life unit
AIG will likely now announce the buyer of its Taiwan Nan Shan Life unit at the end of September instead of on Friday, a...
Lise Weber from Metlife’s will resign and receive $5 million as part of a larger severance package
Lisa Weber, MetLife Inc's (MET.N) Individual Business' president, resigned from the insurer on Thursday and will receive $5 million as part of a larger...
SCOR extends mortality swap with J. P. Morgan to protect the Group from pandemic risks
SCOR Global Life SE, a subsidiary of SCOR SE, has added a new layer of protection to its current four-year mortality swap transaction with...
Aviva France – Slight increase in sales momentum, tight cost control, doubling of net profit
Highlights in the first half of 2009: initiatives reflecting the 2009 marketing strategy and new organisation
The first half of the year has been marked...
Aon Benfield to launch Solvency II solution S2Metrica at the Monte Carlo Rendez-Vous
Aon Benfield Analytics, the research and analytics division of Aon Benfield, the reinsurance intermediary and capital advisor, today announces the launch of a groundbreaking...
RSA investors may back rights issue
Major shareholders in insurer RSA (RSA.L) would back the company's chief executive plans to raise $1 billion (614.6 million pounds) in a rights issue,...
Groupama revenues stable at £225.9 million for Q2 2009
Groupama’s pre-tax profits fell to £5.4m for the first half of 2009, compared to £13.1m for the same period last year.
François-Xavier Boisseau, CEO...
Insurer Aviva efficient on illness claim payment for the first half of 2009
Aviva, the UK insurer, paid out 744 critical illness claims during the six months to end of June 2009, totalling almost £60 million to...
Presentation of the “reinsurance broking team of the year” at the review worldwide reinsurance awards
Guy Carpenter & Company won the “Reinsurance Broking Team of the Year” award at The Review magazine’sWorldwide Reinsurance Awards 2009, presented last night at...
AIG chairman Robert Benmoscheed never at a loss for something to say
Some members of insurer AIG's board are concerned about recent strong comments from their new chief executive Robert Benmosche, the Wall Street Journal said...
Beware of low price cars
With the launch of the new '59' plate fast approaching, there may be a surge in interest in car buying across the UK -...
School bag need proper protection as they can reache a value of £250
A new survey by AXA Insurance reveals what makes up the average schoolbag and how loss, damage and theft of its contents affect one...
Benoît Claveranne appointed as Senior Vice-President European and Public Affairs of Axa
The AXA Group announces the appointment of Benoît Claveranne as Senior Vice-President European and Public Affairs, as of September 2, 2009. He replaces Jacques...
Allianz Worldwide Care improve multi-channel client communications
Thunderhead, which provides document automation and multi-channel communications solutions, today announced that Allianz Worldwide Care has selected the Thunderhead NOW platform to create, produce...
Australia Post to sell insurance products
Australia Post announced today it will enter the insurance sector by offering competitively-priced car insurance online and via the phone. Travel and home and...
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