US reinsurance market faces a legislative upheaval
A controversy is raging over legislation under consideration by Congress that would radically alter taxation of foreign reinsurers in the…
ByMonth: May 2009
Chesnara talks up Swedish buy
Snapping up an apparent bargain, UK insurer Chesnara has acquired Swedish life insurer Moderna Life for SEK250 million ($29.5 million)…
ByUK’s private health market inches ahead
People covered by PMI schemes offered by private health insurers increased by 3.7 percent compared with 2007 to 6.22 million,…
BySingapore insurers take a hammering
Singapores life insurance industry took a hammering in the first quarter of 2009, reports the Life Insurance Association of Singapore…
ByNationwide campaign goes one better
Reflecting a strategic shift toward a more customer-centric value proposition, US composite insurer Nationwide Insurance has replaced its hilarious Life…
ByEuropean industry weathers the storm
A slump in equity values and a major outflow from investment funds resulted in Europes investment management industry suffering a…
ByRemaining TARP hopefuls still waiting
At least five US life insurers hoping to get their share of the federal Troubled Asset Relief Program have dropped…
ByA ray of hope in UK
This is the conclusion drawn by the leading insurer in the UK market, Legal & General (L&G) from its second…
By