Life Insurance
Life insurance : Insurance Glossary
A policy that pays a specified sum to beneficiaries upon the death of the life assured, or upon the assured surviving a given number...
Life assurance : Insurance Glossary
Another term for life insurance
Large Risks : Insurance Glossary
An official term used in EEA insurance regulation. The formal definition of “Large Risks” is found in the EU’s 2nd Non-Life Insurance Directive (88/357)....
Barclays and CNP agree life insurance joint venture in Spain, Portugal and Italy
Barclays Bank PLC and CNP Assurances SA have agreed to establish a long-term life insurance joint venture in Spain, Portugal and Italy. As part...
Catlin UK acquires renewal rights From BUA : Bennett Underwriting Agencies Ltd
Catlin Group Limited, announces that Catlin UK has acquired the renewal rights to the professional indemnity and directors’ & officers’ liability books of business...
Life assured : Insurance Glossary
The person whose life is insured under a life insurance.
Life assurance : Insurance Glossary
Another term for life insurance.
Life insurance : Insurance Glossary
A policy that pays a specified sum to beneficiaries upon the death of the life assured, or upon the assured surviving a given number...
Large Risks : Insurance Glossary
An official term used in EEA insurance regulation. The formal definition of “Large Risks” is found in the EU’s 2nd Non-Life Insurance Directive (88/357)....
Insurable interest : Insurance Glossary
If an insured wishes to enforce a contract of insurance before the Courts he must have an insurable interest in the subject matter of...
Indemnity : Insurance Glossary
The principle according to which a person who has suffered a loss is restored (so far as possible) to the same financial position that...
European Union/European Economic Area – definition of a risk : Insurance Glossary
A risk is deemed to be located in an European Union or European Economic Area member state if it is:
(a) a building (and its...
Classes of business : Insurance Glossary
There are five main classes of insurance and reinsurance business: marine, non-marine, motor, aviation and term life insurance. The market rules that previously...
British parents worry about children’s financial future
Millions of British children could be left in poverty as parents fail to provide financial protection for their children if they were to pass...
AIG’s annual corporate meeting : Situation far More Stable
Flipping his usual procedure for an annual corporate meeting, American International Group Inc.'s (AIG) chief executive began AIG's annual meeting Tuesday with a look...
Recession : CBI survey shows Insurance companies are the most optimistic
Many parts of the UK’s financial services sector expect business volumes to rise in the next quarter after 21 months of falls, while optimism...
Recession has less impact for Munich RE
The recession has had little impacts on contracts due for renewal in July, Munich Re said this week.
The world’s largest reinsurer by premium income...
Recession – One in four brits cancel their home insurance
Research published by the ABI (Association of British Insurers) on the day of its biennial conference reveals that almost a quarter of people admit...
Aviva improving his brand awareness through sponsorship with ITV Drama Premieres
Aviva today announces that its UK Life business will be sponsoring the prestigious ITV Drama Premieres series. The campaign is designed to drive up...
A success for LV= life insurance’s redesigned website
LV= has been recognised as one of the leading online life insurance providers by independent customer experience benchmarker, Global Reviews.
The news comes hot...
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