Insurance
EU opens antitrust probe into maritime insurance
European Union regulators opened an antitrust probe on Thursday into the maritime insurance sector, citing concerns that certain agreements may harm ship...
Allianz Commercial appoints SME underwriting manager
Allianz Commercial is pleased to announce the appointment of Russell Corbould-Warren as the division’s new SME underwriting manager.
Russell, who has been part of Allianz...
Wedding insurance specialist Ecclesiastical responds to news about wedding supplier Confetti going into administration
Following news that wedding supplier Confetti has gone into administration, Ecclesiastical, one of the UK’s leading providers of wedding insurance, has advised prospective brides...
Trip to Mars could leave crew dangerously weak
If a human ever sets foot on Mars, will it be a giant step or an exhausted shuffle? Long-term space flight so weakens fitness...
Insurance market : Legal & General insurer shares rise on bid talk-traders
Shares in insurer Legal & General rose 3 percent on Wednesday, hitting a near two-year high and outperforming UK peers, with traders citing market...
Aon Benfield ILS Indices represent key industry benchmarking tool
Aon Benfield Securities, the securities and investment banking operation of Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, today announces the launch...
EU eyes new rules to supervise financial giants
The European Union's executive arm proposed on Monday to give national supervisors more power to oversee financial conglomerates as part of efforts to prevent...
BP to fund mental health in oil-hit Gulf states
BP announced Monday 52 million dollars in funding for health groups dealing with stress and depression in four southern US states hit by the...
Dutch insurer Aegon to repay state aid
Dutch insurer Aegon said Tuesday it planned to repay the last two-thirds of a three-billion-euro cash injection it received from the state in October...
Aon: Pension pots continue to shrink
Pension pots have shrunk further in the past four weeks, with a 30 year old’s and 60 year old’s annual pension income decreasing by...
New Ecclesiastical study shows money spent on training pays dividends
The potential for high quality sales training to improve development underwriters’ ability to generate new business was proven today by a new study published...
British insurer Aviva rejects 5.0 billion-pound takeover
British insurer Aviva said Monday it had rejected a takeover bid for part of its business from rival RSA worth 5.0 billion pounds (6.0...
Chinese investors may not proceed with bid for AIA shares
China Life and two other Chinese investors have withdrawn from bidding for stakes in American International Group's Asian unit ahead of its planned initial...
Health: New Zealand still experiencing ‘significant’ swine flu
New Zealand is still experiencing a significant level of swine flu, health authorities said Wednesday, despite the World Health Organization's declaration that the global...
AIG approaches big investors to take stakes in AIA
AIG has approached some of the world's biggest investors over the sale of a significant stake in AIA, the US insurer's Asian unit, drawing...
Insurer Prudential says profits soar, despite failed AIA bid
British insurance giant Prudential said on Thursday that profits jumped 41 percent in the first half, and cut the cost of its failed takeover...
Appointment: Aon consulting strengthens and expands team in Central and Southern Virginia
Aon Consulting, the global benefits and human capital consulting business of Aon Corporation (NYSE: AON), today announced the addition of Shelly Blackstone to vice...
Appointment: Allianz promotes new operations manager
Allianz is pleased to announce the promotion of Sarah Smith to operations manager within the Claims division.
Sarah joined Allianz in 1995 and has held...
Insurer AIG sells consumer credit affiliate
Ailing US insurance giant AIG announced on Wednesday the sale of 80 percent of its stake in consumer credit provider American General Finance to...
Appointment: Steve Dixon is new regional managing director of Ace MENA
ACE European Group has today announced the appointment of Steve Dixon as Regional Managing Director, ACE Middle East and North Africa (MENA).
Steve succeeds Giles...
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