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AIG / Taiwan : end of unit deal for Hong Kong buyer?

US insurance giant American International Group has signaled it wants to end the sale of its Taiwan unit to a Hong Kong consortium after the deal failed to get the Taiwanese government’s approval. Taiwan’s Investment Commission late last month rejected the application for the acquisition of Nan Shan Life Insurance Co by Hong Kong-listed China Strategic Holdings and its partner Primus Financial Holdings. While the duo has said they may... 

China / Insurers : new investment possibilities

China will now allow insurers to broaden investments into private equity and real estate, a move that... 

Reinsurance : Aon Benfield Research results interesting for companies

AON published its first edition of the Aon Benfield Research Newsletter which shares the successes of... 

Swiftcover.com – get a life get swiftcovered

Swiftcover was founded in 2005 by senior executives from within the insurance industry. It was a unique... 

Confused.com – UK Car insurance and home insurance quotes comparison

Confused.com was the first insurance price comparison website. Confused.com is not a broker, but a one-stop... 

Allianz retail launches family and motor legal products

Allianz Retail has launched two new legal protection products for its supporting broker partners – Allianz Family Resolve and Allianz Pro-Motor Legal Protection. Fully underwritten by Allianz Legal... 

Equitable Life urges government for full customer compensation

The British mutual insurer Equitable Life urges the government to fully reimburse policyholders for their losses rather than cap compensation payments. Compensation should be based on an estimated loss... 


China / Insurers : new investment possibilities

China will now allow insurers to broaden investments into private equity and real estate, a move that could unleash as much as $100 billion worth of fresh funding into unlisted firms and the real-estate... 


Do you think interesting if we launch a networking service dedicated to people working in the insurance sector

  • Yes (89%, 17 Votes)
  • No (11%, 2 Votes)

Total Voters: 19

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Appointments : Arista boosts team in Bristol

Commercial lines underwriting specialist Arista Insurance has made three appointments to further strengthen its Bristol office. Jon Bodman joins Arista as senior underwriter from Chartis having developed the growth of SME business in the South West. He... 

IAG / New Zealand : quake losses absorbed by reinsurance arrangments

Insurance Australia Group says it is too early to determine the extent of damage after the quake in Christchurch. The insurer said it is focussed on assisting customers affected by the event. The group said it expects claim costs from the event to be... 

HSCB / Nedbank : South Africa regulators fear foreign control

HSBC is in exclusive talks to buy a controlling stake in Nedbank, South Africa’s fourth-largest bank, from insurer Old Mutual. Yet rigid controls on currency outflows and comments from an official indicate HSBC’s $8 billion bid to buy 70... 

Short News : Made redundant for excess weight and other ailments

A morbidly obese father has been diagnosed as too fat to work by doctors who fear his weight may cause him to fall over and crush his colleagues. Barry Fowers, 51, who weighs a life-threatening 30 stone (1 stone= 6.350 29 kilograms), worked until October... 

Merger : Industrial Alliance buys Golden State Mutual

Canada’s fourth-biggest insurer Industrial Alliance Insurance and Financial Services Inc. said Friday it has acquired the life insurance policies of California-based Golden State Mutual for US$11 million. The transaction was carried out through... 

Brokers : fighting to get fairer claims from insurers

New research has revealed that insurance brokers have to fight harder to get claims paid during the economic downturn due to the stricter policy interpretations and anti fraud-systems by insurers. In the research from the British Insurance Brokers’... 

Technology : Hitachi Consulting UK Delivers Consolidated Expense Processing for Swiss Re

Hitachi Consulting UK today announced that it has implemented a Cost Operations Shared Service Centre model on behalf of Swiss Re designed to provide consolidated expense processing and reporting for the company’s US and UK entities. Known internally... 

AIG / Taiwan : end of unit deal for Hong Kong buyer?

US insurance giant American International Group has signaled it wants to end the sale of its Taiwan unit to a Hong Kong consortium after the deal failed to get the Taiwanese government’s approval. Taiwan’s Investment Commission late last month...