Insurers
Australia : insurers blamed for flood and storm definition
Insurance companies are blamed for consumer confusion over what constitutes storm and flood cover, according to Australia's competition watchdog.
Floods in Victoria, NSW and...
Market analysis : Philippine insurance market third smallest in East Asia
The Philippines has been ranked as the third smallest in the East Asian region in terms of insurance premiums, better only than floor dwellers...
Announcement : Aviva joins forces with Towergate-owned Power Place
Power Place, the Towergate-owned online insurance marketplace, today announced that Aviva is joining its panel of insurers. Aviva will be launching its property owners'...
Research : does Competition benefit health insurance subscribers?
Uwe E. Reinhardt is an economics professor at Princeton. He has some financial interests in the health care field.
How does competition work in the...
AIA set for Hong Kong debut after huge share offer
The Asian unit of troubled US insurer AIG is set to make its trading debut in Hong Kong on Friday after a monster share...
Reform : California opens insurance plan for residents with pre-existing conditions
California’s Pre-Existing Condition Insurance Plan (PCIP) has opened for enrollment and coverage is available immediately. The PCIP is one of the first major provisions...
Insurers face new wave of regulation
The business agenda has been dominated by the latest developments in the regulation of banks. From Basel III to new European banking regulations on...
Home insurance : industry on knife-edge as provider numbers swell by 75%
A report by independent financial research company Defaqto, published today, has concluded that the home insurance industry is in good shape but faces a...
Aon Benfield / survey : France and Japan are highest buyers of death & disability catastrophe reinsurance
Aon Benfield, reinsurance intermediary and capital advisor, today launches its first survey of global life insurers to understand reinsurance purchasing patterns and help benchmark...
Rewards : Underwriting Service Awards 2010 – full shortlist
The final shortlist for the inaugural Underwriting Service Awards 2010 have now been released - with the eventual winners due to be revealed at...
Home insurance : DIY security improvements may lead to home insurance discounts
Homeowners could get discounts on their home insurance premiums if they carry out a few DIY home improvements to their security.
Graeme Trudgill, technical and...
Insurance sales feel rule pinch
The new Ulip norms are taking its toll on policy sales by life insurers, including the Life Insurance Corporation of India (LIC). The new...
India : IndiaPost to sell insurance policies
India’s largest distribution network with 1.55 lakh offices has been thrown open to the insurance industry with the industry regulator allowing IndiaPost to sell...
Access to justice is the best measure of legal services quality
RIAD, the International Association of Legal Protection Insurance, convenes its 21st Congress in London today. This high level international forum will examine the importance...
Aon Benfield : Insurers must prepare for Asian ‘Supercats’
Aon Benfield, reinsurance intermediary and capital advisor, is warning insurers in Asia to prepare for future “Supercat” events like those experienced in the USA....
ABI: Insurers committed to asbestos compensation
The Association of British Insurers has claimed that insurance companies are still committed to compensating asbestos victims despite today’s critical Court of Appeal ruling.
The...
Study : 40% of EU’s insurance companies not ready for Solvency II
Approximately 40 % of the larger European insurers consider that they will not be ready for the passage for the new regulatory framework of...
Life insurance : When it could make all the difference
Life insurance is relatively cheap for most people but can make a huge impact on the lives of loved ones we leave behind. And,...
Prudential and MetLife set to buy AIG units in Japan
Prudential Financial Inc. and MetLife Inc., insurers that have competed for U.S. sales for more than a century, are extending their rivalry in Japan...
India : insurance to be de-jargonised for market penetration
To better penetrate the insurance market in India, the Irda advised companies to de-jargonise their policies.
Speaking at 13th Insurance Summit organised by the industry...
