UK home owners turn their backs on insurance
Financial pressure on consumers in the UK is being reflected in many ways, not least of which appears to be…
ByMonth: November 2010
Zurich Financial Services backs NCL recapitalisation
A massive capital restructuring by New China Life Insurance (NCLI) has received the backing of its largest foreign shareholder, Swiss…
ByRate hikes see US state regulator forced out of office
After holding the position as the US states insurance regulator for over three years, Sullivan resigned amid condemnation of his…
ByCanadian bank exits US market
Marking its exit from the US life insurance market, Royal Bank of Canada (RBC), Canadas biggest bank by assets, has…
ByInsurers tackle a much-changed world
However, how insurers are tackling the challenge of managing risk and other issues in the wake of the financial crisis…
ByBaltimore Life adds to consolidation among smaller US insurers
Continuing the trend of consolidation among smaller US insurers, Baltimore Life Companies (BLC) is acquiring Philadelphia United Life Insurance Company…
ByAlico exits Peru
Credicorp, Perus largest financial conglomerate, is to acquire American Life Insurance Companys (Alico) 20.1% stake in life insurer Pacifico Seguros…
ByState Street to administer UK’s NEST programme
US asset management company State Street has been appointed to provide fund administration and custody services to the UKs National…
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