Insurance
China / Insurers : new investment possibilities
China will now allow insurers to broaden investments into private equity and real estate, a move that could unleash as much as $100 billion...
AIG : Taiwan bidder says still no formal rejection notice
China Strategic Holdings Ltd said on Monday that it still has not received formal notice from Taiwan authorities, who rejected a proposal to buy...
New Zealand : Earth Quake aftermath
An earth quake of a 7.1 magnitude hit New Zealand’s second biggest city keeping it running slow this Monday. Many businesses in the...
Car insurance : fraud is responsible for rise in premiums
According to the Automobile Association insurance fraud is a major contributor to a 31% increase in car insurance premiums, over the past 12...
Insurance Industry : moderate down fall
The insurance industry, continuing its downward trend since the recession, has dropped 1,300 jobs in the latest employment report of August numbers from...
Europe / Regulation : an agreement should soon be reached
An agreement will be reached by the European Union that will lead to the creation of a new pan-EU supervisory authority which will...
Appointment / Marsh : Ann Collins new Client Service Director
Marsh has appointed Ann Collins to the newly created role of Client Service Director of its insurance broking operations on the Isle of Man....
European Systemic Risk Board : Insurance Glossary
The ESRB will be responsible for macro-prudential oversight of the EU's financial system to prevent or lessen systemic risks, avoid situations of widespread financial...
Reinsurance : Aon Benfield Research results interesting for companies
AON published its first edition of the Aon Benfield Research Newsletter which shares the successes of their global research organisations and highlights how academia...
USA : Insurance costs to rise for families
American workers will have to spend more to insure their families even as premiums for family coverage rose only 3%. This is a result...
Weather / Hurricane Earl : Category 4 storm heads toward U.S East coast
North Carolina officials ordered a mandatory evacuation for visitors to be expanded to all of Dare County this morning and urged residents living along...
Appointment : Duncan Szeto is Presidential Life’s new chief actuary
Presidential Life has named Duncan Szeto as the new chief actuary of its operating subsidiary, Presidential Life Insurance Company. Mr Szeto replaces Jerrold Scher....
Aviva : New U.S. Headquarters
All 1,300 of Aviva USA's Des Moines-based employees and contractors are now occupying the company's new U.S. operations headquarters at 7700 Mills Civic Parkway...
Life insurance : medical exam and tips
Going to the doctor is something we would most likely avoid. Yet, in buying life insurance, whether it is term life insurance or whole...
Car insurance : What to Look For in an Auto Insurance Company
Auto insurance companies cover you and your passengers in the event of an accident. But it is up to you to decide the level...
AXA : Police called after fatal fall
It is believed that a man, who was an employee at the company, fell from the third floor of the Stoke Gifford offices. Police...
Travel Insurance : does it pay to buy one?
The question on the financial communities mind at the moment and indeed expressed by companies such as MarketWatch is as follows: Does it pay...
New product / XL INSURANCE :RECALL POLICY FOR THE FOOD AND BEVERAGE INDUSTRY
XL Insurance (Bermuda) Ltd (“XLIB”) today announced the launch of its new broad-form Product Contamination policy. To coincide with the launch, XLIB will...
Car Insurance : New iPhone Application for New Jersey Drivers
Palisades, New Jersey car insurance company, announced today the launch of a new iPhone application available to all Palisades customers and New...
International / HDI-Gerling : new branch opening in Ireland
Industrial Insurance Company HDI-Gerling has announced the creation of a new branch in Ireland, based in Dublin. The formation of the branch aims to...
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