Insurance
AXA : French insurer reports 3.5 percent rise in sales
French insurer Axa SA said Thursday sales rose 3.5 percent over the first nine months of the year to 70.462 billion euros (97.042 billion...
Acquisition : Munich Re to acquire Windsor Health Group
Munich Re has agreed to acquire Windsor Health Group, Inc. (Windsor). The planned purchase is a further step in Munich Health’s strategy to strengthen...
Acquisition : Ace to Buy New York Life Units for About $425 Million
Ace Ltd., the Swiss insurer operating in more than 50 countries, agreed to buy New York Life Insurance Co.’s Hong Kong and South Korean...
Reform : California opens insurance plan for residents with pre-existing conditions
California’s Pre-Existing Condition Insurance Plan (PCIP) has opened for enrollment and coverage is available immediately. The PCIP is one of the first major provisions...
Insurers face new wave of regulation
The business agenda has been dominated by the latest developments in the regulation of banks. From Basel III to new European banking regulations on...
Acquisition : Aon Italia S.p.A. acquired Rasini Viganò S.p.A.
Aon Italia S.p.A., provider of risk management services, insurance and reinsurance brokerage in Italy, announced that it has acquired Rasini Viganò S.p.A,, the seventh...
Hannover Re subsidiary anticipates stable prices in Germany
E+S Rück – which bears responsibility for German business within the Hannover Re Group – considers the general environment on its domestic market to...
Rewards : Underwriting Service Awards 2010 – full shortlist
The final shortlist for the inaugural Underwriting Service Awards 2010 have now been released - with the eventual winners due to be revealed at...
Car insurance : higher fuel prices drive down car usage
Two thirds of Brits have been forced to change their driving habits because of higher fuel prices, according to a poll by moneysupermarket.com.
Britain's number...
Appointment : Liberty International Underwriters Europe expands UK property team into the regions
Liberty International Underwriters Europe (LIU Europe), a division of Liberty Mutual Group, has made three new regional appointments to its UK property insurance team....
Home insurance : DIY security improvements may lead to home insurance discounts
Homeowners could get discounts on their home insurance premiums if they carry out a few DIY home improvements to their security.
Graeme Trudgill, technical and...
Syria : Insurance Market Record Growth
The insurance sector in Syria which includes 13 companies is rapidly developing with the aim to achieve a volume of more than USD 400...
Cooperative Group to sell its life insurance business
Britain's mutually-owned Cooperative Group is considering a sale of its life insurance business as part of a reorganisation of its financial services division, newspapers...
EU threatens 20% increase in outsourced claims handling costs
The UK insurance industry is set for increased costs on outsourcing as other EU countries force through the removal of the VAT exemption on...
Solicitors’ professional indemnity concerns sent renewal forms flooding in early
Evidencing that law firms recognised the need to start the renewal process for their professional indemnity (PI) insurance early, Aon, insurance broker, was keen...
Award : ACE named to Global Carbon Performance Leadership Index
The ACE Group of insurance and reinsurance companies announced today that it has been named to the 2010 Carbon Performance Leadership Index (CPLI) by...
Featured : Insurer AIA’s share sale sets Hong Kong record
The Asian unit of troubled US insurer AIG looked set Friday to record the world's second-largest initial public offering this year, in a monster...
Appointment : Jonathan Mudd is new Class Underwriter with Brit Insurance
Brit Insurance, the international general insurance and reinsurance group, is pleased to announce that Jonathan Mudd, North American Professional Indemnity Underwriter in its Global...
Hiscox : new Charities Insurance Portfolio
Specialist business insurer Hiscox has launched its new Charities Insurance Portfolio product for charities, clubs and associations. The bundled liability and property package will...
Travel insurance : Post Office Travel Insurance advises all UK holidaymakers to keep their valuables secure
With the recession having taken its toll on consumer spending, recent research from Mintel has shown that hostel accommodation remains popular with younger travellers....
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