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  • P&C Trades Unite Against Ending Health Antitrust Immunity
  • A group of nine property and casualty insurance industry trade groups today charged that legislation proposed in Congress, that would end the exemption under antitrust laws for healthcare insurers, had a hidden agenda of opening up some segments of the [...]
  • Maky | Categories: Insurance - Health | 12:00:00 12-Oct-2009 | add comment
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  • US pay tsar gets tough over AIG packages
  • The Obama administration's pay tsar has indicated he will take a tough stance on executive pay at AIG, the state-controlled insurance group that sparked outrage over its bonus payments earlier this year
  • Maky | Categories: Insurance | 04:09:15 11-Oct-2009 | add comment
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  • AIG nears $2bn sale of Taiwan unit
  • American International Group on the verge of selling its Taiwanese life assurance unit with an announcement possible this week
  • Maky | Categories: Insurance | 11:18:55 11-Oct-2009 | add comment
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  • Will Cell Phone Bans Work?
  • As insurers and other key stakeholders put forth efforts to thwart the ill effects of driving while distracted (DWD), a key question is whether laws or technology will succeed in changing patterns of driver cell phone use. The [...]
  • Maky | Categories: Insurance - Car | 12:00:00 19-Oct-2009 | add comment
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  • Support in Senate for cellphone driving ban
  • Amid calls from the Obama administration and traffic safety advocates to ban texting and talking on hand-held cellphones while driving, Sen. John D. Rockefeller IV (D-W.Va.) has thrown his support behind the effort -- a sign that the Senate could [...]
  • Maky | Categories: Insurance - Car | 12:00:00 15-Oct-2009 | add comment
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  • Hardy to unveil Bahrain joint venture
  • Lloyd's of London insurer plans to write reinsurance in the Middle East and North Africa
  • Maky | Categories: Insurance | 06:56:11 18-Oct-2009 | add comment
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  • Insurers back Brussels product quality drive
  • To get consumers saving the European Commission needs to focus on three areas that put consumers first
  • Maky | Categories: Insurance | 04:40:13 18-Oct-2009 | add comment
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  • Admiral follows trail to Spain
  • The car insurance specialist hopes to replicate its successful UK online price-comparison insurance business in Spain as it is set to launch a television advertising campaign for Rastreator.com
  • Maky | Categories: Insurance | 04:44:48 16-Oct-2009 | add comment
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  • Kitchen worker received AIG 'retention bonus'
  • AIG's 'retention bonuses' went to hundreds of employees in the insurer's troubled financial products unit, including a kitchen assistant who received $7,700 in March, a US government report is set to reveal
  • Maky | Categories: Insurance | 06:15:01 13-Oct-2009 | add comment
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  • AIG to sell Taiwanese assurer for $2.15bn
  • American International Group has agreed to sell its Taiwan insurance unit to a consortium led by Hong Kong's Primus Financial for $2.15bn. The sale of Nan Shan represents AIG's biggest divestment since it began selling assets to repay $100bn to [...]
  • Maky | Categories: Insurance | 01:04:03 13-Oct-2009 | add comment
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  • Shrinking AIG
  • The government seems averse to walking away. That is good news for lenders and counterparties – but not for the shareholders
  • Maky | Categories: Insurance | 12:47:50 13-Oct-2009 | add comment
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  • Primus head's persistence clinches Nan Shan
  • Primus Financial's acquisition of the market's third-largest life assurer signals a coup for the start-up investment fund that began the race way down the field of potential buyers
  • Maky | Categories: Insurance | 12:30:26 13-Oct-2009 | add comment
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  • Reliance Life eyes India listing
  • Reliance Life, controlled by billionaire businessman Anil Ambani, is aiming to break even in its next fiscal year and make a profit the year after as the group seeks to become the first life insurer to list in India
  • Maky | Categories: Insurance | 04:58:10 11-Oct-2009 | add comment
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  • Nish steps up as Standard Life chief
  • David Nish is to replace Sir Sandy Crombie as chief executive of the Scottish life insurer in what is seen as a significant changing of the guard that would also represent continuity
  • Maky | Categories: Insurance | 05:06:37 19-Oct-2009 | add comment
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  • Aviva / Delta Lloyd
  • Aviva could bag £1.1bn by selling a 42 per cent stake in Delta Lloyd in an IPO that values its Dutch subsidiary at €2.6bn-€3.1bn
  • Maky | Categories: Insurance | 04:56:10 19-Oct-2009 | add comment