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National Insurance News

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05/31/2016 12:49 PM

Foreign Business Groups to Complain About Proposed Chinese Insurance Rules - Wall Street Journal


Wall Street Journal

Foreign Business Groups to Complain About Proposed Chinese Insurance Rules
Wall Street Journal
BEIJING—Another sector added its voice to complaints about China's tightening cybersecurity rules. More than two dozen American and international business groups have signed a draft letter of protest against proposed Chinese regulations for the ...
Insurance companies unveil tax-deductible health insurance in trial programmeSouth China Morning Post
Concern over China insurance rules ahead of talks with USReuters

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05/31/2016 01:25 PM

Anbang Withdraws Application for NY Approval of Insurance Deal - Wall Street Journal


Wall Street Journal

Anbang Withdraws Application for NY Approval of Insurance Deal
Wall Street Journal
Beijing-based Anbang Insurance Group Co.'s $1.57 billion pending acquisition of Fidelity & Guaranty Life has run up against regulators' demands for detailed financial information about its ownership structure, causing a glitch in the approval process, ...

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05/31/2016 01:43 PM

THE INSURANCE AND THE IoT REPORT: Examining how insurance companies are leveraging IoT solutions - Business Insider


Business Insider

THE INSURANCE AND THE IoT REPORT: Examining how insurance companies are leveraging IoT solutions
Business Insider
Insurance companies have been leveraging IoT devices to get better insight into their insured clients and differentiate their product offering. This helps lead to more accurately priced premiums, better models for future payouts, and increased customer ...

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05/31/2016 01:05 PM

US-EU Continue Talks on Insurance Regulation Covered Agreement - Insurance Journal


Insurance Journal

US-EU Continue Talks on Insurance Regulation Covered Agreement
Insurance Journal
U.S. insurance groups want assurances that the EU under its Solvency II regulations will treat U.S. insurers fairly and that there will be U.S.-EU mutual recognition of each other's regulatory schemes. Solvency II provide a process for non-EU countries ...

 

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05/31/2016 01:55 PM

It's key to weigh options when picking a long-term care insurance plan - CNBC


CNBC

It's key to weigh options when picking a long-term care insurance plan
CNBC
It's important to understand all your options when it comes to buying long-term care insurance. With so many alternative plans being offered today, a traditional plan may not be your best choice. It all depends on your needs. A new client — let's call ...

 

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05/31/2016 03:33 PM

Federal Reserve Plans June 3 Meeting on Insurance Carrier Capital Rules - Insurance Journal


Wall Street Journal

Federal Reserve Plans June 3 Meeting on Insurance Carrier Capital Rules
Insurance Journal
The U.S. Federal Reserve will hold an open meeting next Friday on proposals, in the works for more than five years, for capital requirements and other rules for insurance companies. The central bank's announcement on Friday came a week after Fed ...
Fed to hold open meeting on insurance rulesinsuranceERM

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05/31/2016 03:54 PM

Credit Scores Can Impact Auto Insurance Renewals - NerdWallet (blog)


Credit Scores Can Impact Auto Insurance Renewals
NerdWallet (blog)
Trying to figure out how auto insurance companies set your rate can be a real head-scratcher. You're unlikely to crack the formula, but you can be sure that your credit history is part of the equation, unless you live in one of the few states where ...

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05/30/2016 12:46 PM

Swiss Investigate Apparent Suicide of Ex-Chief of Zurich Insurance - New York Times


New York Times

Swiss Investigate Apparent Suicide of Ex-Chief of Zurich Insurance
New York Times
Martin Senn became Zurich Insurance's chief executive in 2010, earning high marks for helping the company navigate the financial crisis without major losses. Credit Arnd Wiegmann/Reuters. PARIS — Martin Senn, the former chief executive of Zurich ...
Former Zurich Insurance CEO Senn commits suicideMarketWatch
Former Zurich Insurance CEO killed himself, says companyThe Guardian
Former Zurich Insurance CEO Martin Senn Commits SuicideWall Street Journal
CNNMoney -Quartz -Bloomberg
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05/31/2016 07:51 AM

AIA, Prudential, others weigh bids for Thai SCB's insurance unit stake - sources - Reuters


Reuters

AIA, Prudential, others weigh bids for Thai SCB's insurance unit stake - sources
Reuters
Southeast Asia is a battleground for foreign insurers, who are attracted by the region's lower insurance penetration levels and faster growth rates of life insurance premiums compared to levels in the developed world. And bank distribution deals ...

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05/31/2016 04:38 PM

Insurance rate increases possible - Bowling Green Daily News


Insurance rate increases possible
Bowling Green Daily News
"The Department of Insurance will fully investigate all proposed rate increases to make sure they are warranted," DOI Commissioner Brian Maynard said in a news release. "Insurance rate increases are not specific to Kentucky. States across the nation ...

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International Insurance News

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05/19/2016 04:28 PM

AIG: Don't Be Fooled, Icahn Doubling Down On This Insurance Company Is A Big Deal - Seeking Alpha


AIG: Don't Be Fooled, Icahn Doubling Down On This Insurance Company Is A Big Deal
Seeking Alpha
Billionaire investor and AIG shareholder Carl Icahn recently increased his stake in the insurance company, adding to his clout and growing his influence on AIG's Board of Directors. American International Group is going to return $25 billion in cash to ...

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05/30/2016 12:12 PM

AIG: Nice Rebound, On To The $60s - Seeking Alpha


Seeking Alpha

AIG: Nice Rebound, On To The $60s
Seeking Alpha
Insurance company American International Group, Inc. (NYSE:AIG) has sold for a steep discount to accounting book value for years, and, in fact, AIG has not managed to trade back up to accounting book value ever since the company regained its freedom ...

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05/26/2016 07:18 AM

Activa International Insurance supports SWAG for 4 years - Myjoyonline.com


Myjoyonline.com

Activa International Insurance supports SWAG for 4 years
Myjoyonline.com
Activa International Insurance Company, has presented a cheque for GH¢30,000 as a sponsorship support to the Sports Writers Association of Ghana (SWAG) towards the smooth organization of this year's SWAG Awards Night slated for Saturday, June 4, ...
Activa Gives Towards MTN SWAG Awards NightNews Ghana

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05/31/2016 04:01 PM

Helping Consumers Understand the Value of Life Insurance - Business Wire (press release)


Helping Consumers Understand the Value of Life Insurance
Business Wire (press release)
In business since 1859, AXA Equitable Life Insurance Company is a leading financial protection company and one of the nation's premier providers of life insurance, annuity, and financial products and services distributed to individuals and business ...

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05/30/2016 10:04 AM

Former Zurich Insurance CEO Martin Senn Kills Himself - ABC News


Former Zurich Insurance CEO Martin Senn Kills Himself
ABC News
Switzerland's Zurich Insurance Group says former chief executive Martin Senn, who ran the company for six years until last December, has killed himself. The incident comes three years after the company's then-chief financial officer also killed himself.

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05/31/2016 12:39 PM

Liberia: Indicted Speaker, Sen. Sherman Risk Imprisonment Over 'Invalid Bonds' - AllAfrica.com


Front Page Africa

Liberia: Indicted Speaker, Sen. Sherman Risk Imprisonment Over 'Invalid Bonds'
AllAfrica.com
... Senator Varney Sherman and others have filed a US$1,500,000.00 criminal bond through the OMEGA Insurance Company while House Speaker Alex Tyler filed a US$1,500,000 appearance through the Sky International Insurance Company respectively.
Prosecution Excepts To Bond Filed By Sherman, OthersGlobal News Network
Sherman Loses First BattleThe New Dawn Liberia

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05/23/2016 07:55 AM

Anadolu Insurance Company Signs a Multi-Million Dollar Agreement with Sapiens, Expanding Their Strategic ... - PR Newswire (press release)


Anadolu Insurance Company Signs a Multi-Million Dollar Agreement with Sapiens, Expanding Their Strategic ...
PR Newswire (press release)
Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, with a growing presence in the financial services sector, announced today that Anadolu Insurance Company (Anadolu), ...
Sapiens Expands Strategic Alliance with Anadolu Insurance Company (NASDAQ:SPNS)Sonoran Weekly Review
Sapiens International expands relationship with Turkish insurerIntelligent Insurer (subscription)

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05/24/2016 08:30 PM

China's Leading Insurance Company Ping An Joins R3 Blockchain Consortium - newsBTC


newsBTC

China's Leading Insurance Company Ping An Joins R3 Blockchain Consortium
newsBTC
The blockchain consortium of international banking institutions now has a new member in the form of Ping An Financial Services Group. By announcing its inclusion into the consortium, Ping An has become the first financial institution from China to ...
China's Ping An Joins Global Blockchain Consortium, Led by Fintech Firm R3Insurance Journal

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05/31/2016 08:16 AM

S&P lowers Fosun outlook after Moody's takes opposite view - Financial Times


Financial Times

S&P lowers Fosun outlook after Moody's takes opposite view
Financial Times
S&P on Tuesday lowered its outlook on Fosun International's BB-minus rating to negative, illustrating that even rating agencies cannot agree on the risks of a debt-fuelled deal spree. The move came just a month after rival Moody's took a more sanguine ...

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05/31/2016 07:10 PM

Eyeing IoT: IBM's Chris O'Connor - Seeking Alpha


Eyeing IoT: IBM's Chris O'Connor
Seeking Alpha
And the more that somebody is willing to have an instrumented device that helps with whether your health, your medical or your home or your casualty or your property, the more that insurance company feels that they can protect the device at the same ...

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