Insurers looking to Africa for growth
South Africas life insurance industry weathered the global financial crisis well, with premium income sustaining only a minor setback South…
ByMonth: July 2010
US health insurance costs continue to soar
Health reform or not, health insurance costs in the US are continuing to rise at an alarming pace, according to…
ByMore consolidation in Australian market
Bank of Queensland Group (BOQ) has completed the acquisition of the life and general insurance units of St Andrews Insurance…
ByDeal boosts Mitsui Sumitomo in Malaysia
Japanese insurer Mitsui Sumitomo Insurance Company (MSI) is to gain entry into Malaysias life insurance market and expand its presence…
ByDisgraced AIG execs proclaim their innocence
Though he has avoided prosecution, Joseph J Cassano, the former head of American International Groups Financial Products (AIG-FP) unit, is…
ByUS insurers largely passed by regulatory reform
Reform of US financial regulation has taken a leap forward following the approval of the 2,000 page Dodd-Frank Wall Street…
ByGovernment ends India’s war of the ULIPs
A two-month battle for regulatory control over unit-linked insurance products (ULIP) between insurance regulator the Insurance Development and Regulatory Authority…
ByHope amid despair for UK pension schemes
In June 2009, the combined deficit of defined benefit pension schemes sponsored by UK companies stood at £40bn ($60bn) A…
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