insurance company
Guest Post : expanding the role of an independent director of a P&C insurance company
Chief Executive Officers of insurance companies are selecting insurance experienced independent directors and expanding their role as Independent Directors. Independent Directors are called upon...
Appointment : Richard Webb is new director for Manchester Underwriting Management
Broker-only MGA Manchester Underwriting has announced the appointment of Richard Webb as a Director of the business.
The role, which has been created as part...
AIG : U.S. Treasury Department working on AIG exit strategy
Treasury Department officials finalise their plan to render AIG financially independent after the massive taxpayer investment. The core piece of that strategy would be...
AIG : discussions with government for bailout repayment
American International Group (AIG) is discussing plans with the government to fully repay the government bailout it received two years ago, according to a...
AXA unit sale : Australia’s watchdog blocks bid a second time
Australia's competition regulator blocked National Australia Bank's $12 billion bid for AXA Asia Pacific for a second time, dashing NAB's efforts to cement its...
Study / Annuities: Allianz Survey shows Americans’ preferences
More than half (nearly 54%) of Americans aged 44-75 expressed distaste for the word "annuity", according to a recent survey from Allianz Life Insurance...
Good to know / Natural Disasters : claim filing advice for homeowners and business owners affected
An ongoing hurricane season, flooding in Texas and wildfires in Colorado are reminders that consumers need to understand the claims process, according to the...
Good to Know : Creating a Home Inventory to make claim process smooth
September is National Disaster Preparedness Month. In order to make sure Ohioans can recover from a disaster, Ohio Department of Insurance Director Mary Jo...
Italy : Fondiaria-Sai to sell its Gesfid Division
Fondiaria-Sai, Italy’s second largest insurance company is in exclusive talks with PKB Privatbank AG, a Swiss bank owned by the Trabaldo Togna family, to...
EU eyes new rules to supervise financial giants
The European Union's executive arm proposed on Monday to give national supervisors more power to oversee financial conglomerates as part of efforts to prevent...
AIG approaches big investors to take stakes in AIA
AIG has approached some of the world's biggest investors over the sale of a significant stake in AIA, the US insurer's Asian unit, drawing...
Aon: Public/private partnership is the key to availability and affordability of terrorism risk insurance
Aon Corporation, a leading global provider of risk management, insurance and reinsurance brokerage services and human capital solutions, has responded to the President's Working...
Swiss Re says it weathers oil spill costs with big profit
Swiss Re, one of the world's biggest reinsurers, reported on Thursday an 812-million-dollar second-quarter net profit despite the cost of disaster damage from the...
Obama says health reform expended Medicare
US President Barack Obama showcased Friday his health care reform for the elderly, saying it had significantly extended the life of a health insurance...
Pakistan hit by worst floods since 1929
Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, today releases the latest edition of its Monthly Cat Recap report, which provides an...
Aon: Pension Scheme deficits shrink by 25% during July
Good performance of equities and rising corporate bond yields have pushed the aggregate accounting deficit to its lowest level this year according to Aon...
Saudi insurer to pay pirates $20mln ransom
A Saudi insurance company is to pay Somali pirates a 20-million-dollar ransom to free a hijacked ship and its 14-member crew held hostage for...
NY AG announces probe of life insurance industry
State Attorney General Andrew Cuomo said Thursday that he had opened a fraud investigation into how life insurers pay out benefits after policyholders die.
He...
Aon to buy Hewitt for $4.9 billion, creating HR giant
Aon Corp, the world's largest insurance brokerage, said Monday it will buy Hewitt Associates Inc for $4.9 billion in cash and stock to create...
Celebrities: Lady Gaga not covered by her insurance after ex-boyfriend claim
The insurance company of pop-singer Lady Gaga will not cover 30 million dollars lawsuit from her ex-boyfriend and producer Rob Fusari.
The insurance company...
