Insurer
Insurance giant Prudential expects to list in Hong Kong on May
Insurance giant Prudential, which has agreed to buy the Asian arm of troubled US insurer AIG, said Friday its shares were expected to start...
Prudential gets approval for Hong Kong listing
London-listed insurer Prudential has been given the green light by the Hong Kong Stock Exchange to list on the city's bourse, a report said...
IMF proposes global bank tax plans
The International Monetary Fund has proposed two new global taxes on banks and other financial institutions to cover the cost of future bailouts, the...
Australian regulator blocks NAB bid for AXA Asia Pacific
Australia's competition watchdog Monday rejected National Australia Bank's proposed 12.2 billion US dollar takeover of AXA Asia Pacific Holdings (AXA), but did not oppose...
Post-crisis finance could learn from salmon farms: report
The financial services industry could learn lessons from the plight of Chilean salmon farmers or US wildfire management, a report backed by senior bank...
Energy insurers must cope with rising power demand unchecked by the recession
The economic recession has barely dented global usage of electricity in the long term leaving both power generators and their insurers having to cope...
Boeing plans 150-million-dollar charge under health-care law
US aerospace giant Boeing said Wednesday it expected to take an income-tax charge of about 150 million dollars in the 2010 first quarter as...
Whitney Houston cancels Paris concert over illness, organisers looking for a new date
Pop singer Whitney Houston has cancelled the Paris concert she was due to give Tuesday because of illness, the concert's organisers said.
Houston was suffering...
MMA signs up to SIRA in fight against fraud
MMA, the broker-only general insurer, has announced today that the company has signed up to the SIRA system (Syndicated Intelligence for Risk Avoidance), joining...
Eastern Europe markets still expanding, Austrian insurer said
Markets in eastern Europe continue to expand, the Vienna Insurance Group (VIG) said Wednesday, noting its strong performance in the region last year despite...
Aviva’s protection service gets quicker and slicker
Aviva, the UK’s largest insurer, has reduced the average time it takes to accept a protection application by 40% from 11 days to 6.5...
Swiss insurer Baloise reports profit rise
Swiss insurance group Baloise on Thursday announced an 8.9 percent increase in annual net profit in 2009, just below analysts' expectations despite strong business...
US insurance giant AIG has agreed to sell its Asian arm, AIA, to British insurer Prudential for around 35 billion dollars
US insurance giant AIG has agreed to sell its Asian arm, AIA, to British insurer Prudential for around 35 billion dollars (26 billion euros,...
Insurers confidence to be more difficult to sustain as brokers confidence boosted
Life Insurance
Life insurance companies saw a rise in new business values for the first time in over two years, although other income values fell...
Natural catastrophes cost insurers $20 billion in 2009
Aon Benfield today releases its Annual Global Climate and Catastrophe report, which analyses global natural perils in 2009 and the resultant economic and insured...
Brit Insurance announces exclusive deal with TruckView lens
Brit Insurance, the international general insurance and reinsurance group, today announces a ground breaking partnership with Alenia Optic to provide policyholders with the innovative...
Insurance providers fund fraudsters by hiking excess by 32%
As the insurance industry foots a £1.9 billion fraud bill and recent reports reveal a 44% increase in false claims, new research from uSwitch.com...
Philippine central bank rules out ‘systemic’ flood risk
A senior Philippine central banker on Friday played down the risk to the banking system posed by devastating floods, saying just over 100 million...
Philippines flood claims may top $236 million
Philippine insurers are likely to get hit with more than 236 million dollars in non-life claims alone from devastating floods caused by Tropical Storm...
Brits could see home insurance premiums rising by ‘lettings’
Britons could see their home insurance impacted upon should they fail to inform their insurer that they are letting or sub-letting to a lodger,...
Prev
