Insurance
BIBA / AMII : industry standard PMI authorisation form launched
The British Insurance Brokers’ Association (BIBA) and the Association of Medical Insurance Intermediaries (AMII) have announced a new industry standard template for private medical...
Financial results : Finland’s Sampo Group posts expected third-quarter profit
Finland's biggest insurance group Sampo posted third-quarter net profits in line with expectations on Wednesday thanks to favourable currency movements and an appreciation of...
Admiral shares rise after third quarter
Insurance firm Admiral has seen its shares rise strongly this morning on the back of a rise in turnover of more than 50% for the...
Hiscox : Florida regulator lowers collateral requirement
Hiscox Insurance Company (Bermuda) Limited (“Hiscox Bermuda”), a subsidiary of the international specialist insurer Hiscox Ltd (LSE:HSX) has announced that the Florida Office of...
Announcement : Insurer Aviva says to withdraw from Taiwan
British insurer Aviva said on Tuesday that it was withdrawing from Taiwan because it did not expect to meet group financial targets there.
The announcement...
Announcement : Aviva says profits to grow this year as sales rise
U.K. insurer Aviva PLC Tuesday said it is positioned to deliver strong, profitable growth and "outstanding capital generation" for 2010 after it posted a...
Market analysis : Philippine insurance market third smallest in East Asia
The Philippines has been ranked as the third smallest in the East Asian region in terms of insurance premiums, better only than floor dwellers...
AIG to repay 36.7 billion dollars of US bailout
Ailing insurer AIG is poised to repay 36.7 billion dollars in government bailout aid after floating its Asian unit AIA and selling another subsidiary,...
Appointment : Deborah Hall is Groupama’s new research and insight manager
Groupama Insurances has appointed Deborah Hall as its new Research and Insight Manager, heading up its Portsmouth based research function. Deborah will be responsible...
Appointment : Mark Chichester is Arista’s new senior underwriter
Commercial lines underwriting specialist Arista Insurance has appointed Mark Chichester as senior underwriter to help develop the South Wales market and enhance Arista’s technical...
Announcement : RBS Insurance set to create 160 call centre jobs in Glasgow
The insurance arm of Royal Bank of Scotland is in detailed discussions with an outsourcing company over a deal that will create over 160...
Insurance payout for Tropical Storm Tomas
Tropical Storm Tomas has triggered a $12.8 million hurricane coverage insurance payout in four eastern Caribbean states, the Caribbean Catastrophe Risk Insurance Facility (CCRIF)...
Car insurance : insurance rise driven by young drivers
Accident-prone young drivers and a surge in fraudulent claims are key factors behind the steep rise in motor insurance premiums which threaten to drive...
Research : does Competition benefit health insurance subscribers?
Uwe E. Reinhardt is an economics professor at Princeton. He has some financial interests in the health care field.
How does competition work in the...
AIA shares soar 12 percent on trading debut
Shares in the Asian unit of troubled US insurer AIG soared 12 percent on their trading debut in Hong Kong on Friday, opening at...
Appointment : Steve Betts is Aon’s new Global Chief Information Officer
Aon Corporation, global provider of risk management, insurance and reinsurance brokerage, and human capital consulting and outsourcing, today announced the appointment of Steve Betts,...
Acquisition : ICBC to take 60 percent stake in Axa Chinese unit
French insurer Axa SA said Thursday that the world's biggest bank, ICBC of China, will take a 60 percent stake in its Chinese insurance...
Investment : Zurich to Invest $420 Million in New China Life
Zurich Financial Services AG will spend as much as $420 million to participate in the capital raising of unlisted New China Life Insurance Co.,...
AIA set for Hong Kong debut after huge share offer
The Asian unit of troubled US insurer AIG is set to make its trading debut in Hong Kong on Friday after a monster share...
Study : New York noise levels a threat to hearing
New York is still such a noisy city that its inhabitants could suffer from significant hearing loss in coming years, a study made public...
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