Insurance news
– 44% of SMEs at risk of theft due to security lapses
Summer security shortfalls are potentially putting two million small businesses at risk of burglary, according to new research* released today by specialist business insurer...
Broker Direct goes comparative on retail combined products
Broker Direct has broadened its offering for shops, pubs and restaurants by turning its Retail Combined Insurance product into an online comparative product for...
AIG to sell consumer finance operations in Hong Kong
AIG announced that it has entered into an agreement to sell 100 percent of its shares of AIG Finance (Hong Kong) Limited (“AIG Finance”)...
CNA Financial Corporation appoints John Hennessy as Chief Executive Officer, Europe
CNA Financial Corporation announced today that John Hennessy has been appointed to the position of chief executive officer of CNA's European operations. The announcement...
Insurer survey confirms desire to increase UK commercial premiums
Some 92% of underwriters expect motor insurance premiums for UK companies to increase in the first quarter of 2009, according to the Aon’s Market...
Top 20 UK riskiest towns for theft and burglary
Homes in London and Nottingham were the most likely in the UK to make a claim for theft or burglary on their home insurance,...
France and Germany out of recession
Germany and France enjoyed a shock return to economic growth in the second quarter of the year, data showed on Thursday, ending their recessions...
Good underlying growth in difficult market conditions for Bupa
Bupa Group, the private health insurance and health care services provider sets out below its unaudited results for the six months to 30 June...
Fortis announces the appointment of Bruno Colmant as Deputy Chief Executive Officer
Fortis announces the appointment of Bruno Colmant as Deputy Chief Executive Officer
Fortis announces today the decision to appoint Bruno Colmant as Deputy Chief Executive...
Zurich appoints Alan Fairhead and Juan Beer
Zurich Financial Services Group announces the appointment of Alan Fairhead (50, British citizen), currently Chief Underwriting Officer for Global Corporate, to the position of...
AEGON to launch equity issue of up to EUR 1 billion
AEGON aims to raise up to EUR 1 billion through an equity issue via an accelerated bookbuild beginning today. AEGON intends to use the...
KGM Motor Insurance Joins the Insurance Fraud Bureau
KGM Motor Insurance (KGM), a specialist provider of motor insurance products to niche markets and an authorised Lloyd’s syndicate, has become the latest member...
Lehman sues AIG for $9 million in CDS payments
Lehman Brothers Holdings Inc is suing American International Group for $9 million in payments the bank says it is owed from credit default swap...
Aon Global Insurance Managers installs regional leadership structure
Aon Global Insurance Managers, a division of Aon Corporation responsible for captive management, today announced it will be streamlined into a new regional leadership...
S&P gives Lloyd’s clean bill of health
LLOYD’S of London’s has weathered the global financial crisis over the last 12 months with “resilience”, according to influential ratings agency Standard & Poor’s.
The...
Zurich launches new global risk alert system for business travelers
International business travelers now have access to the world’s first electronic ‘guardian angel’ thanks to Nomadz®, a new BlackBerry® application developed by Zurich Financial...
Berkshire Seeks New Insurance Customers After Profit
Warren Buffett’s Berkshire Hathaway Inc. is willing to sell more insurance for natural disasters after pulling back on catastrophe coverage earlier this year when...
Aon Benfield Securities Appoints Chris Parry
Aon Benfield Securities, the investment banking division of Aon Benfield, the reinsurance intermediary and capital advisor, announces today that it has hired Chris Parry...
President Barack Obama assailed insurance companies
President Barack Obama assailed insurance companies on Tuesday and scolded critics in a bid to overcome skepticism of a U.S. healthcare overhaul at a...
ING posts 2Q underlying net profit of EUR 229 million
Second Quarter 2009 underlying net profit of EUR 229 million shows improvement from underlying net loss of EUR -305 million in first quarter 2009...
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