news insurance
MMA to accelerate Commercial Lines development
Broker insurer MMA Insurance confirmed on March 25th details of the next stage of its drive into the UK’s commercial lines insurance market, building...
Standard & Poor’s warns Britain of possible rating downgrade
Britain's credit rating could be lowered if a new government fails to cut massive public debt, Standard & Poor's warned on Monday as rival...
Mediobanca chief to head up Italian insurer Generali
Cesare Geronzi, head of investment bank Mediobanca, will be named chairman of Italian insurer Generali, a person familiar with the matter told AFP Friday.
Geronzi...
GB’s young drivers outperform European, Axa said
Insurer Axa announced today that britains young drivers are more dangerous than other Europeans counterparts, in a overhaul study.
An international research study from Axa...
AT&T sets 1 billion dollars aside for health reform costs
US communications giant AT&T said on Friday it took a one billion dollar charge in the first quarter of 2010 to cover changes in...
Australian storm to cost $75 million to insurer IAG
Insurance Australia Group Limited (IAG) today confirmed that, as at the close of business on 25 March 2010, it had received in excess of...
Chile quake, tsunami damage put at nearly 30 billion dollars
The massive earthquake that struck central Chile last month, triggering a local tsunami, caused nearly 30 billion dollars in damage, the finance ministry said...
Ten US states to file suit against health care reform
Ten US states plan to file a lawsuit challenging the constitutionality of health care reform as soon as President Barack Obama signs it into...
Chaos as freak storm batters Australia’s Perth
Some 100,000 people were left without power Tuesday after a freak storm battered the Australian city of Perth, hurling golf ball-sized hailstones and causing...
Obama health plan war shifts to US Senate
President Barack Obama's Republican foes in the US Senate prepared Monday to wage political war on the last piece of his historic health care...
British Airways strike: flights cancelled, passengers remain covered
A cabin crew strike, the first in 13 years, cancelled some flights of the British company. The company confirmed the three days strike (March...
Health reform vote answered call of history : Obama
US President Barack Obama said Sunday that Americans had answered the call of history, after Congress sent him a sweeping health reform bill he...
Aon Consulting to acquire J.P. Morgan Compensation and Benefit Strategies
Aon Consulting, the global benefits and human capital consulting business of Aon Corporation, today announced it has signed a definitive agreement to acquire J.P....
Weekly US jobless claims down
New claims for jobless insurance benefits in the United States edged down last week, according to Labor Department figures published Thursday.
Some 457,000 Americans claimed...
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...
Obama wins critic over to health overhaul
A fierce Democratic foe of the White House's historic health care overhaul said Wednesday he would vote for the bill, citing a fear that...
Bulgaria drops plans to raise health insurance
Public pressure prompted Bulgaria's cash-strapped government on Wednesday to drop plans to raise health insurance payments and seek other ways to support its under-funded...
UniCredit reports halved profit on bad loan charges
UniCredit bank, heavily involved in lending in eastern Europe, reported on Wednesday a halving of net profit for 2009, because of loan payment problems...
Reinsurer Swiss Re estimated a big disaster bill in 2010
Disasters killed 15,000 people and cost the world 62 billion dollars in 2009, but the insurance industry could face a financial bill five times...
Axa UK to launch a 10M£ campaign to promote new online offer for car insurance
The campaign, realized by the advertising agency UK MWO, shows the arrival of Axa in online insurance market in United Kingdom.
Axa UK will target...
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