The French are still reluctant on insurance against dependency. According to a CSA poll / FFSA, 61% say they are not interested in buying insurance dependence. Yet, 74% of them would receive assistance from the state to underwrite such a contract. The dependence is an issue that is gaining ground in the French mind. A survey conducted by the CSA [...]
Apr 25 2011 | Posted in
Insurance |
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The rejection of the American International Group’s offer to buy back $15.7 billion worth of mortgage securities by the Federal Reserve Bank of New York’s creates a big problem for the insurer, said the company’s CEO on Wednesday. The New York Fed has chosen to sell off pieces over time, Instead of selling the entire Maiden [...]
Mar 31 2011 | Posted in
Insurance |
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76 the previous year of natural disasters, insurance payments burden in 2010 noted an increase of 400 billion dollars. World’s second largest reinsurer, Swiss Re has announced these figures recently. Factors that increased costs include the earthquake in Chile and New Zealand. Accordingly, the proportion of the burden of payment was an earthquake in about one third of [...]
Mar 29 2011 | Posted in
Insurance |
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It is still difficult to estimate the cost of the disaster, especially for nuclear plants. While it is too early to assess the cost of the disaster on Friday morning for insurers and reinsurers, the magnitude of the earthquake and the images do point to a salty note. This is even before knowing the extent of [...]
Mar 14 2011 | Posted in
Insurance |
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The consultation on the management of addiction is launched. Nicolas Sarkozy has himself set the framework Tuesday in closing a morning of work of the Economic, social and environmental matters on the subject. The schedule is rather tight: the debates will last six months before the presentation of a government bill a few weeks later and [...]
Feb 8 2011 | Posted in
Insurance |
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An audit of the Companies China Life and PICC put in evidence large amounts of illegal money and practices, such as registration of private clients and corporate clients, ensuring regular income and ease. The China National Audit Office (NAO) has found cases of default in the operations and accounting departments of two large insurers in [...]
Feb 1 2011 | Posted in
Insurance |
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Madrid – The government and unions reached today an agreement in principle on the reform of public pension system in Spain, after two weeks of intense negotiations, confirmed news media . According to Cadena Ser, the Executive and the two Iberian country’s major unions, the Workers’ Commissions (CCOO) and Union General de Trabajadores (UGT), reached [...]
Jan 27 2011 | Posted in
Insurance |
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Washington – Some 129 million Americans under the age of 65 do not qualify for health coverage or find it more expensive by today’s standards for insurers for those who have preexisting health problems. This was revealed today by a Health Department report, released hours before the House of Representatives begins to discuss the claim [...]
Jan 20 2011 | Posted in
Insurance |
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Especially during times of economic hardship and job insecurity one may consider cutting expenses, starting with insurance. But in doing so one must be very careful to avoid some mistakes that you can take to be dangerously under-insured. “The less comfort is the economic situation, most importantly, have the financial protection afforded by the insurance, have [...]
Jan 18 2011 | Posted in
Insurance |
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The 500 bus drivers of the Société de Transport de Laval (STL) have adopted a new labor contract yesterday. Workers have voted 76% in favor of the tentative agreement reached Tuesday by union leaders. The agreement was made after a negotiating session of 19 hours in the presence of a conciliator. The previous collective agreement STL drivers [...]
Jan 17 2011 | Posted in
Insurance |
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