Insurance news
Travellers seek more financial protection cover
ProtectMyHoliday.com, the consumer financial failure website for the travel market, announce a sharp increase in demand for protection against the failure of established ‘Legacy’...
Capital returning to reinsurance market, according to Guy Carpenter
A briefing published today by Guy Carpenter & Company, LLC finds that gains in underwriting and a return of calm to the global financial...
Munich Re offers innovative insurance solutions
Suppliers, project-development companies, operators of and investors in solar thermal power plants are players in a fast-growing market. Munich Re offers innovative insurance solutions...
UK based Amlin delivers record earnings for the first six months 09
UK-BASED insurer Amlin has reported gross written premiums of £950.1m for the first half of 2009, up from £715.5m in the same period last...
Top UK & EMEA broking appointments at Aon
Aon has appointed Keith Ashworth as head of risk transfer for UK & EMEA in Aon Global’s newly integrated team, combining UK broking with...
AIG wins dismissal of $1 billion workers comp lawsuit
American International Group Inc (AIG.N) won dismissal of a federal lawsuit accusing the troubled insurer of fraudulently shortchanging state workers' compensation pools out of...
Research shows that consumers achieve fairer claims settlements when using a broker
New research from the British Insurance Brokers’ Association (BIBA) has revealed that insurance brokers regularly help consumers achieve better results when pursuing a claim.
The...
Chris Parry appointed at Aon Benfield Securities London-based office
Aon Benfield Securities, the investment banking division of Aon Benfield, the reinsurance intermediary and capital advisor, announces today that it has hired Chris Parry...
Beware on the roads due to a busy bank holiday
A busy bank holiday is predicted on the nation’s roads as music fans from across the country prepare for one of the busiest festival...
Brokers have to fight harder to get insurers to pay claims
Research from the British Insurance Brokers’ Association has revealed that insurance brokers have to fight harder during the recession to get insurers to pay...
Pandemic (H1N1) – Recommended use of antivirals
The World Health Organisation is today issuing guidelines for the use of antivirals in the management of patients infected with the H1N1 pandemic virus.
The...
Not enough consideration given to animals in-car safety
Britain is a nation of animal lovers; owning eight million dogs*. An RAC survey** of 2,000 dog owners revealed that a third of owners...
Insurance Australia Group (IAG) reports profits for Financial Year 09
Insurance Australia Group Limited (IAG) today announced a net profit after tax of $181 million for the 12 months ended 30 June 2009 (FY08:...
New motor insurance agreement between Toyota, Aioi and Fortis
Fortis (Insurance, UK) today announced that it had entered into exclusive discussions with Toyota (GB) PLC and its insurance partner in the UK, Aioi...
Jay S. Wintrob named President and CEO of AIG Domestic Life And Retirement Services
AIG announced that Jay S. Wintrob has been named President and Chief Executive Officer of Domestic Life and Retirement Services, a new position. Mr....
QBE announces a record first half year profit up 19%
The Board of QBE Insurance Group is pleased to announce a record profit after tax for the half year ended 30 June 2009 of...
Fitch changes german insurer WWK outlook to negative
Fitch Ratings has today changed WWK Lebensversicherung a.G.'s (WWK Leben) and subsidiary WWK Allgemeine Versicherung AG's (WWK Allg.) Outlook to Negative from Stable. Their...
Lloyd’s North America appoints New President : Hank Watkins
Lloyd’s, the world’s leading specialist insurance market, announced today that Hank Watkins has been appointed as its new President, North America.
Hank will be responsible...
Fortis first-half net profit fell 38%
First-half net profit fell 38% as the economic downturn increased loan losses and pressured margins.
Chairman Jan van Rutte said loan losses and unpaid mortgages...
Zurich to sponsor inaugural 2009 Asian Amateur Championship in Golf
Zurich Financial Services Group (Zurich) will be one of five exclusive proud partners of the inaugural Asian Amateur Championship, taking place at the Mission...
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