Insurance
FSCS has paid out £204m in compensation for 2009/10
The Financial Services Compensation Scheme’s (FSCS) annual report and accounts for 2009/10 has revealed that more than £204m has been paid out...
Health : World AIDS conference closes
The 18th International AIDS Conference closed in Vienna on Friday after six days of seminars, workshops and networking on fighting AIDS and...
Brokers: Allianz reports quoteSME success
Following the launch of its integrated online SME trading platform, ‘QuoteSME’, late last year, Allianz Commercial is hailing the system’s success.
Half-year figures reveal...
Blue Cross and Blue Shield : Insurance surpluses don’t avoid rate raises
Surplus reserves held by Blue Cross and Blue Shield have not stopped the company from asking for rate hikes, a Consumers Union study...
Alternative forms of remuneration reflexions by Aon
Aon Corporation announced it is working with markets to explore the various forms of alternative remuneration available to Aon.
“As we stated during testimony delivered...
Health / Study : Inequalities in early deaths rising in Britain
Inequalities in early deaths between different parts of Britain have nearly surpassed those seen shortly before the economic crash of 1929 and...
Insurance fraud : Police arrested three in ‘cash for crash’ raids
Three men have been arrested in the Lancashire area as part of an ongoing investigation into ‘cash for crash’ activity.
The raids, which were made...
Dwindling pension pots support retirement age review
Over the last two years, the projected annual retirement income for a 60 year old has decreased by over £3000, while 65...
Health prevention : Beach umbrellas do not block all solar radiation
Hiding out under a beach umbrella may offer you far less protection from the sun's harmful ultraviolet radiation than you expect, according...
Health : Record number of children getting HIV drugs
Life-saving drugs that quell HIV reached a record 355,000 children at the end of last year, compared with 276,000 a...
Ratings agency Fitch affirmed Lloyd’s A+ rating
Ratings agency Fitch has affirmed Lloyd’s of London’s Insurer Financial Strength rating at A+.
In addition, the Society of Lloyd's long term issuer...
ImpactOnDemand, a new real-time catastrophe risk management tool by Aon Benfield
Aon Benfield today announces the launch of ImpactOnDemandSM. ImpactOnDemand is a new generation of its flagship risk management tools which continue to...
A new guaranteed income option for the at-retirement market at Aegon
Following its recent announcements to focus on the UK at-retirement market as a key strategic priority, Aegon today announces the launch of...
Appointment: Jamie Nicholson takes the newly-created role of customer service controller of Allianz
Allianz Claims announced the appointment of Jamie Nicholson into the newly-created role of customer service controller.
Based in Bristol, Jamie Nicholson will be responsible...
Aon Benfield launches first pan-Asian typhoon model
Impact Forecasting, Aon Benfield’s catastrophe model development centre of excellence, has launched the first fully functional Asian typhoon model to span the continent.
The new...
Aon declares its quarterly dividend
Aon Corporation announced yesterady that the Board of Directors has declared a quarterly cash dividend of $0.15 per share on its outstanding...
Retirement funds : Nearly half of baby boomers are likely to run short of money after 10 years
If you're a baby boomer, the odds are high you'll exhaust your retirement savings after 10 or 20 years of retirement, according to...
Market : Insurer Baloise buys Belgian Avero for 75 million euros
Swiss insurance group Baloise said Tuesday it has acquired Belgian firm Avero for 75 million euros (102.4 million dollars), a move that...
Health insurance : Italian surgeons down scalpels to protest austerity plan
Italy's public-sector doctors observed a one-day strike on Monday, notably postponing 40,000 surgical operations in protest at government austerity measures that will freeze hiring...
India: Insurance licence for engineer giant Larsen & Toubro
L&T General Insurance Company Limited, the general insurance arm of the $9.8 billion...
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