Insurance industry
SSP Holdings, the UK's largest insurance software supplier, is making a significant move by floating on the AIM market with a £70m market capitalisation. The company's software is installed in over 1,000 insurance businesses across Europe, and it has a strong presence in the UK,
Insurance industry
The China Insurance Regulatory Commission (CIRC) is working on two sets of implementing rules concerning credit and equity investment schemes for the investment of insurance funds in infrastructure construction. The new rules aim to enhance governance of insurance funds and transparency in information disclosure. According to Sun Jianyong, director of
Insurance industry
AAMI, a leading insurance provider in Australia, is expanding its business insurance operations, targeting small to medium enterprises (SMEs) and home-based businesses. The rebranding of its small business insurance lines under the AAMI banner represents a significant opportunity for growth and expansion, leveraging the company's existing customer base
Insurance industry
Insurers, environmentalists, and politicians are engaging in unprecedented discussions about the link between coastal development, climate change, and insurance rates. As devastating hurricanes prompt companies to raise rates and pull back from the coasts, the industry is aligning with environmental groups and arguing for reforms that could impact development patterns.
Insurance industry
Cigna HealthCare, a prominent health insurance provider in Florida, has emerged as the highest-performing plan among the state's largest health insurers, according to a recent survey conducted by the Florida Health Care Coalition (FHCC). The coalition, which comprises major employers such as Florida Power & Light Co., Publix
Insurance industry
A devastating jobs blow has hit the North East region as Swallow Hotels, a hotel chain with roots in Sunderland, and insurance giant Aviva, have announced mass layoffs. Swallow Hotels has collapsed due to financial difficulties after expanding to 673 hotels and pubs. Meanwhile, Aviva is axing 230 North East
Insurance industry
Britain's largest hotel and pub chain, the London and Edinburgh Swallow Group, has gone under, putting nearly 8,000 jobs at risk. The company, which owns the Swallow Hotels chain and over 500 pubs, has called in administrators after struggling to cope with rapid growth. Insurance giant Aviva
Insurance industry
Over the past 11 years, the Prudential Spirit of Community Awards have honored over 1,100 middle level and high school students across Oklahoma for their volunteer work, with this year marking the 12th iteration of the program. The awards program, presented by Prudential Financial, Inc. in partnership with the
Insurance industry
Over the past 11 years, Prudential Spirit of Community Awards have been given to nearly 1,800 middle level and high school students across Virginia for their volunteer work. This year, the prestigious awards program kicks off its 12th year, seeking to identify more young Virginians who have made meaningful
Insurance industry
Norwich Union, the second-largest motor insurer in the UK, will raise its car insurance premiums by around 16 percent over the next year, citing the need to cover rising claim costs. This move is expected to be echoed by other insurers in the industry, which has seen stiff competition and
Insurance industry
Consumer confidence fell in August to its lowest level since November, with job-related worries being the primary concern, according to a report. The decline in confidence could lead to tightened purse strings if job growth stumbles or fuel costs rebound. Despite this, analysts expect job creation and personal spending to
Insurance industry
As parents prepare their children for the new school year, they may be alarmed to learn that the average cost of sending one child to school this year will be a staggering £1,300, and by the time pupils leave at 16, their parents will have spent £14,000. The
