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Dodgy US claims go through the roof

04 May 2009

Tough economic conditions in the US are driving some dramatic rises in insurance fraud this year, according to the National Insurance Crime Bureau...

Aviva revenue climbs 5%

04 May 2009

International insurance giant Aviva – which is embroiled in speculation about a possible withdrawal from the Australian market – has recorded a 5% increase in first-quarter sales, driven in part...

Brokers post impressive first-quarter earnings

04 May 2009

While the insurers continue to take a financial belting, things are looking good for the brokers, with three of the top global companies posting increased first-quarter results...

Climate change threatens business: Lloyd’s

04 May 2009

Water will be scarce and food production, energy supply and migration patterns will change as the climate changes, in turn threatening businesses, according to Lloyd’s...

UK confirms changes to compensation scheme limits

04 May 2009

The UK regulator has confirmed it will proceed with proposed changes to the compensation limits for insurance, investments and home mortgage advice in the event of corporate failure...

D&O bears brunt of hard times

27 April 2009

While the hard market has arrived for D&O insurance, the rest of the US commercial insurance market has seen little or no change in rates in the first quarter...

Munich Re flags ‘satisfactory’ first quarter

27 April 2009

Munich Re has flagged a “satisfactory” result for the first quarter of 2009, saying its consistent risk management approach is paying off amid the global financial crisis...

Chubb first quarter profit down 49%

27 April 2009

US insurance giant Chubb has recorded a 49% decrease in first-quarter net profit after poor investment results adversely affected generally sound underwriting...

Lloyd’s opens in Brazil

27 April 2009

Lloyd’s has opened an office in Rio de Janeiro, Brazil, a year after receiving approval to become the first foreign reinsurer in the country...

Lift your game, UK brokers tell insurers

27 April 2009

A UK Institute of Insurance Brokers survey has found major UK insurers have plenty of room for improvement – at least as far as brokers are concerned...

British insurance fraud hits record levels

20 April 2009

Economic hardship always leads to insurance fraud, but the Association of British Insurers says fraud in the UK has already reached record levels with 2000 cases being exposed every week...

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