Insurance news
China Life has announced 29 % increase in profit
China Life Insurance Co., the world’s biggest life insurer by market value, rose in Hong Kong trading after the company said first-half profit increased...
AIG shares rise up 50% to reach $50.23
Shares of insurance giant American International Group (AIG.N) soared more than 50 percent last week and they now look overpriced, Barron's said in its...
HSBC enters China’s life insurance market
HSBC Life Insurance Company Limited, a joint venture set up by HSBC and the Beijing-based National Trust, opened for business in Shanghai Thursday, marking...
AmTrust Financial Services, Inc. to Acquire CyberComp From Swiss Re
AmTrust Financial Services, Inc. (Nasdaq:AFSI) announced that it had entered into an agreement to acquire CyberComp, the workers' compensation business unit of Swiss Re,...
Lloyd’s-listed insurer Omega Insurance Holdings reports light profit fall
Lloyd’s-listed insurer Omega Insurance Holdings reported a light fall in first half pre-tax profits for 2009, but remained optimistic.
Financial Highlights
Profit before tax of $22.9...
Swiss Life to cut 520 jobs as net profits fall 92%
Swiss Life Holding has announced it is to implement a cost cutting programme after revealing that net profits for the first half of the...
AON eSolutions provides asian market the first multi-language risk management information system
Aon eSolutions, provider of award-winning technology-based tools that improve the management of risk, insurance and safety programs, announced today the launch of RiskConsole in...
Gisele Norris appointed at Aon’s Health Care Practice as managing director for the Western region
Aon Corporation’s (NYSE: AOC) health care practice today announced the promotion of Gisele Norris, DrPH, as managing director for the Western region and appointment...
Get prepared for the second wave: lessons from current outbreaks
Monitoring of outbreaks from different parts of the world provides sufficient information to make some tentative conclusions about how the influenza pandemic might evolve...
Willis China recognised best for customer quality service
China Insurance Regulatory Commission in Shanghai Assigns Global BrokerTop Rating in Quality Review for the Second Year Running
Willis Group Holdings (NYSE: WSH), the global...
Lloyds cuts 200 jobs in general insurance division
Lloyds Banking Group, 43 percent owned by the government, will cut 200 jobs in its general insurance division by the end of January in...
Aviva helps brokers weather the recession
The credit crunch has resulted in an increase in the number of customers lapsing or reducing their insurance cover, according to brokers responding to...
Aviva’s back-up service to be expanded to health insurance
Aviva today announced that their award winning Back-Up service is now available to its individual and small group private health insurance customers. This decision...
150,000 old cars scrapped
Research carried out by Vauxhall Motors has revealed that more than 150,000 old cars have been traded in as part of the government's ongoing...
Hiscox insurance report a 30% profit rise
Hiscox reported a pre-tax profit of £141.4m ($231.4m) in the first half of 2009, up 29.5% from £109.2m in the same period last year.
Financial...
Peter Bitterlin appointed at XL Insurance as regional energy underwriting manager for Europe and Asia Pacific
XL Insurance, the global insurance operations of XL Capital Ltd, today announced the appointment of Peter Bitterlin as Regional Underwriting Manager for Energy. In...
Delta Lloyd Bank grants mandate to InterFinanceNed
Delta Lloyd Bank NV has granted a brokerage mandate to InterFinanceNed. As from today InterFinanceNed subscribers can apply for mortgage quotes directly from Delta...
Admiral announces profit before tax up 5% for H1 2009
Admiral achieves another record half year profit coupled with continued good growth. Profit before tax at £105.3 million was 5% ahead of H1 2008,...
P&I clubs must overcome investment addiction
Aon is suggesting that P&I clubs only need to increase premiums by 0-7.5% despite the surge in high value claims in 2006 and 2007...
Global Special Risks announces energy insurance underwriting alliance with Chaucer Syndicate 1084
Global Special Risks, LLC (GSR), a leading US excess and surplus lines broker serving the Energy industry and a unit of Faber & Dumas,...
Prev
