Global insurance and reinsurance company XL Group's Bermuda Professional Lines Unit has introduced a new Wage & Hour Liability insurance product to help new and existing clients to better manage their risks from employee compensation and ...
China credit crunch fears sent the stockmarket tumbling almost 1.5 per cent lower, with investors fleeing materials as China called on its banks to control credit expansion risks and declared liquidity in its financial system was at "a ...
Tags: China, Investors, Banks, Financial System
Sydney-based Commonwealth Bank of Australia (ASX: CBA) saw three village banks run into operation in Hebei Province, China recently. The three institutions spread in Xinji City and Handan City, each, with small- and medium-sized ...
Switzerland-based Zurich Insurance Group is said to have a plan to buy into Chinese property insurance firm Sinosafe General Insurance Co., Ltd. Sources said recently that the Swiss insurance group was looking for a stake in a Chinese ...
More than half (58%) of European mid-sized firms refuse to do business with a company that had suffered a data breach, despite the fact that 41% believe data loss is just an inevitable part of daily business, a new study has revealed. The ...
Tags: Data Breach, European Firms
With Y2K long behind us, the greatest threat to mankind appears to be the zombie apocalypse, if "The Walking Dead" and "World War Z" are to be believed. And it is clear from studying those survival training "documentaries" that having the ...
Tags: Zombie Apocalypse, Transportation
From time to time I hear from readers who are convinced the Affordable Care Act will ruin us all financially. Not happening so far. Instead, it has already saved consumers billions. Exhibit A: In 2012, the law directly saved consumers ...
Tags: Obamacare, Health&Medicine
Genworth Financial has expanded its family of SecureLiving Fixed Index Annuities with the launch of SecureLiving Index 5, a five-year, single premium fixed deferred annuity. The new annuity assures 104% of the premium at the end of the ...
Financial services provider Teachers Assurance has launched its improved home insurance policy that is rated 5 Star by Defaqto, an independent financial research company. The new policy offers an annual discount of up to 12% for teachers ...
Dutch financial services firm ING has completed the sale of approximately 7.9% direct stake in Brazil-based insurance provider Sul América to International Finance Corporation (IFC). The sale follows the agreement that ING entered ...
Smart process applications provider Kofax has said that a major life insurance carrier based in the US has expanded the usage of its systems to improve the pace of claims processing. The carrier has invested an additional $550,000 to ...
Tags: Life Insurer, Kofax Systems
Aon, the UK's largest insurance broker and provider of risk management services, has selected Azzurri Communications to help manage its telecommunications services. The firm will use Azzurri's Intelligent Telecoms Expense Management ...
Tags: Computer Products, software
While there are plenty of honest remodeling contractors out there, the field has its share of bad apples. We asked our Facebook fans to tell us the craziest thing their contractors told them. "Well, all windows leak a little," a poster ...
Tags: Remodeling Contractors, Cash
Global insurance and reinsurance company XL Group has named Valérie Devaux - Piquer as the new casualty underwriting manager, Europe, Reinsurance, effective from 1 September 2013. Based in Paris, France, she will succeed Dieter ...
Japan-based financial services provider ORIX Corporation has signed an agreement to acquire approximately 25.7% of issued shares of Bahrain-based the Mediterranean and Gulf Insurance and Reinsurance Company (MEDGULF). ORIX, which entered ...
Tags: Service