Insurance
Ten leading scientific institutions join the Willis Research Network
The Willis Research Network (WRN), part of Willis Group Holdings Limited, the global insurance broker, today announced that 10 leading scientific institutions from the...
ING to sell Asian Private Banking business to OCBC
ING announced today that it has reached an agreement to sell its Asian Private Banking business to Oversea-Chinese Banking Corporation Limited (OCBC Bank) for...
Groupama creates the third largest insurer in Turkey
After acquiring Basak Sigorta and Basak Emeklilik in 2006 and Güven Sigorta and Güven Hayat in 2008, Groupama continues to expand its operations in...
College teams up with Norfolk car insurer to develop motorsport team of the future
More and more colleges and universities are offering academic courses in motorsport engineering. Now one college is taking the whole idea up a level...
Lloyds could have to pay £1 billion to avoid debts insurance
Lloyds Banking Group could have to pay more than £1 billion to avoid taxpayer-backed insurance for its toxic debts, it has been reported.
The bank...
How insurance works
The amount you pay for insurance will be based on the information you give the insurance company (the underwriter) and the type of risk...
New record established for Irish international re/insurance market
DIMA, the representative body for the international re/insurance industry in Ireland, today announced another record year of premium income growth in its membership. The...
9/11 and Insurance: The Eight Year Anniversary – Insurers Paid Out Nearly $40 Billion
The Insurance Information Institute (I.I.I.) has experts available to discuss the insurance implications of the September 11 terrorist attacks and the challenges insurers and...
Swiss-based insurer and reinsurer Glacier reports pre tax net income in rise for the first half 2009
Swiss-based insurer and reinsurer Glacier Group reported a 4% increase in pretax net income to $26 million (18.1 million euros) for the first half...
Aviva France – Slight increase in sales momentum, tight cost control, doubling of net profit
Highlights in the first half of 2009: initiatives reflecting the 2009 marketing strategy and new organisation
The first half of the year has been marked...
Groupama revenues stable at £225.9 million for Q2 2009
Groupama’s pre-tax profits fell to £5.4m for the first half of 2009, compared to £13.1m for the same period last year.
François-Xavier Boisseau, CEO...
US reinsurers RAA released results for the first half of the year
The RAA has released reinsurance underwriting results for six months ended June 30, 2009. The results show that policyholders’ surplus of $65.9 billion for...
Chaucer Holdings PLC reports excellent 2009 half year profit
Chaucer's first half pretax profits more than doubled, rising to £17m from £3.9m in the first half of last year.
Financial highlights
Profit before tax and...
Fortis insurance activities returns to profit
Belgian insurance group Fortis (FOR.BR) took a major step in its restructuring on Thursday, returning to profit in its core business and setting a...
China Life has announced 29 % increase in profit
China Life Insurance Co., the world’s biggest life insurer by market value, rose in Hong Kong trading after the company said first-half profit increased...
Employers Face 10.5 Percent Health Care Cost Increases
Health care costs are expected to increase on average 10.5 percent in the next 12 months,(1) according to Aon Consulting, the global human capital...
Markel Reports Second Quarter and Six-Month Results
Markel Corporation (NYSE: MKL) reported diluted net income per share of $3.34 for the quarter ended June 30, 2009 compared to $8.29 for the...
BBC weatherman Des Coleman driving unisured
BBC weatherman Des Coleman walked out of a Nottingham courtroom in tears in the middle of his case for driving without insurance yesterday.
Coleman, who...
Obama Health Plan May Be Out
Racing to regain control of the health-care debate, two top administration officials signaled Sunday that the White House may be willing to jettison a...
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...
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