economic recession
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...
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...
Combined net worth for the State Farm group increased in 2009 by $4.8 billion to end the year at $58.1 billion
The primary reason for the improvement was a $3.8 billion increase in the value of the property-casualty (P-C) companies’ unaffiliated stock portfolio (net of...
New US weekly jobless claims fall
US jobless insurance claims are trending lower from a March peak, official data confirmed Thursday, but unemployment within a fraction of 10 percent challenges...
Motor insurance fraud increased to raise £360m
Motor insurance fraud has become an increasing problem for the industry and insurers are calling for tougher action to tackle the issue, which is...
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...
Impact of recession on Insurance fraud
RSA survey reveals that at least 1.4 million Britons think that committing insurance fraud is more acceptable now than 12 months ago because of...
How British business leaders are reacting to the recession
UK businesses are over-cautious and at risk of missing out on seizing opportunities due to a fear of taking acceptable risks, according to leading...
