United Kingdom | Wednesday, 3 December 2008

Insurance Articles

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1. Fed rescues AIG
U.S. authorities engineered an $85 billion (47.5 billion pounds) rescue of insurance giant American International Group Inc, staving off bankruptcy and bringing a measure of calm to shell-shocked global markets.
17 Sep 2008
2. Resolution: general insurance deals not a priority
Resolution, the financial services-focused acquisition vehicle, is currently unlikely to buy or take stakes in general insurance or reinsurance companies, its founder, Clive Cowdery, said on Tuesday.
09 Sep 2008
3. RSA profit beats forecasts
RSA Insurance Group posted a forecast-beating 9 percent rise in its first-half operating profit on Thursday.
07 Aug 2008
4. Loan insurance industry overcharging
Britons are being overcharged by over 1.4 billion pounds a year from the sale of insurance to cover repayment of loans when people fall ill and industry price caps may be introduced, the competition watchdog said on Thursday.
05 Jun 2008
5. Buffet not bidding for RBS insurance arm
Berkshire Hathaway Inc will not be making a bid for the Royal Bank of Scotland's insurance arm, it was reported on Friday.
16 May 2008
6. Insurers slam plans for post-N. Rock reform
Insurance companies, one of the Britain's largest shareholder groups, have told the government that plans to swoop in early on ailing banks could hurt investors and hit confidence in London as a financial hub.
25 Apr 2008
7. London's Islington most expensive for insurance
An upmarket area of London has some of the most expensive insurance premiums in the country, research shows.
31 Mar 2008
8. Lloyds joins fray with insurance comparison site
Lloyds TSB has stepped into the cut-throat insurance price comparison market and launched its own site for consumers to compare motor premiums, going head-to-head with Moneysupermarket and Confused.com.
04 Mar 2008
9. More advanced cancer seen in uninsured Americans
Uninsured Americans and those in a government health program for the poor are far more likely to have advanced diseases when diagnosed with cancer than those with private coverage, researchers said on Sunday.
19 Feb 2008
10. Standard Life reinsurance lifts profit
Insurer Standard Life has reinsured 6.7 billion pounds of its annuity liabilities, it said on Thursday, slashing its exposure to the risk of Britons living longer and boosting 2008 profit.
14 Feb 2008
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