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Life insurance sales have trended lower in 2011 when compared with 2010, but quarter-to-quarter growth in 2011 has been consistently positive, according to the Kehrer-LIMRA Life Report. Most of the top writers, and about half of the manufacturers overall, grew their sales during the third quarter, as well as for the first nine months of [...]
London Market premium income up 2% in 2010 The net worldwide premium income of the UK insurance sector has fallen for the third year running in 2010 to £198.7bn. According to the Insurance 2011 report by TheCityUK, the 2% fall during the year and one-quarter decrease from the peak in 2007 was largely a result [...]
Marsh claims record cat losses have triggered a ‘two-speed market’ Global insurance rates continued to climb in most loss-affected geographies and classes of business in the fourth quarter of 2011, but rate decreases are still achievable in many lines of business, according to a Marsh report. Despite record insured catastrophe losses of more than $100bn [...]
Lloyd’s insurer takeover talks end Bermudan reinsurer Haverford has withdrawn its offer buy a stake in Lloyd’s insurer Omega Insurance after the two sides failed to agree on a price. Haverford, led by Mark Byrne, told the London Stock Exchange this morning that it informed the Omega board on December 21 that it was pulling [...]
Grahame Millwater to retire in 2012 after quarter of a century at Willis Willis president Grahame Millwater is retiring “to pursue other interests” after spending more than 25 years at the broker. Millwater, who also serves as chairman and chief executive of Willis Global, will become the latest executive to leave the global broker when [...]
It is always better to compare different available insurance quotes for your vehicle before purchasing any insurance quote. Different companies have different premium rates on the similar amount of cover, so you must be sure that you are not paying too much to get the desire insurance quote. Before meeting any insurance agent or sitting in [...]
When we are going to buy any car insurance quote then we find our self confuse due to so many insurance quotes available in the market. We really need the insurance because it is compulsory that we have an insurance cover but to get the insurance quote is a daunting task. There are number of ways [...]
Automobile insurance is very important. Most people know this and understand this. Insurance is meant to protect you, your property as well as other people and other property that you may damage in an accident. There are different kinds of insurance that cover different things but even the mot basic insurance is better than none at [...]
It is difficult to define what antique means when dealing with insurance companies, and that is why it’s a little difficult purchasing antique truck and car insurance. You have to make sure you have the auto insurance to meet your needs, although there are many companies that offer this insurance, you will have to put a bit [...]
Two types of insurance policies Term and Whole Life are available in the insurance market. Most people are confused about the difference between the two policies. Most of the buyers are unable to decide which policy is best for them. Before going in for any type of insurance you must know what you are buying [...]