Insurance industry
Thousands of travellers affected by the recent UK airport security clampdown may not receive compensation due to exclusions in their travel insurance policies. The vast majority of insurers do not have adequate reinsurance to cover terrorism attacks, forcing many to rely on policies with limited or no terrorism cover. Travel
Insurance industry
Parents who think their children receive a free education are being left in financial shock as new figures reveal the true cost of keeping their kids in state school. The average cost of sending a child to school from the ages of five to 16 now stands at £14,000,
Insurance industry
Aviva's half-year profits soared 27% to a record-breaking GBP 1.7bn, driven by a 43% surge in UK long-term savings sales to GBP 6.9bn. The firm's individual pensions business saw an impressive 86% increase, following regulatory changes that aimed to address potential retirement shortfalls. Norwich
Insurance industry
eg Solutions, a leading provider of Operations Management solutions, has established a Product Advisory Group to drive its future product roadmap. The Group comprises key customers, senior eg personnel, and organizations such as Norwich Union, Co-operative Insurance, and Zurich Insurance. Elizabeth Gooch, CEO of eg Solutions, emphasized the company'
Insurance industry
Material Technologies, Inc., a pioneering engineering and research development company, is making waves in the industry with its cutting-edge metal fatigue detection tools. The company has been granted exclusive rights to seven patents and has already received $8.3 million in completed contracts from the U.S. Government. With its
Insurance industry
Scottish Re Group Limited has issued a statement responding to ratings actions taken by A.M. Best Co., Fitch Ratings, Moody's Investor Service, and Standard & Poor's Rating Services. The company has reassured its clients, investors, and creditors that it does not face any near-term liquidity
Insurance industry
Xavier Carter, a 20-year-old athlete from Melbourne, Florida, has been making waves in the track and field world with his incredible performance at the collegiate level. In a span of one year, he progressed from not having a passport to competing on the world stage, leaving a trail of impressive
Insurance industry
Steve Davies, the Welsh middle-distance ace, gears up for the London Grand Prix, where he will face top athletes from Africa and Europe. Despite losing at the 800m event at the AAA U23 and U20 Championships in Bedford, Davies is thrilled, citing the competition as a valuable training session. Meanwhile,
Insurance industry
Aviva, the UK's largest insurance company, has agreed to buy US insurer AmerUs for $2.9bn (£1.6bn) despite some unease in the City over the premium price paid for the company. The deal is expected to boost Aviva's earnings in 2007 and improve its embedded
Insurance industry
Godiva Harrier Marlon Devonish is optimistic about his chances at the Norwich Union European Trials, citing a series of excellent runs over the past month. He posted a personal best for 100 meters by just three one-hundredths of a second when he clocked 10.16 in Asafa Powell's
Insurance industry
Aviva, the UK's largest insurer, has confirmed its interest in buying US life assurer AmerUs, a deal that would give it a significant presence in the American market. The proposed acquisition, valued at around £1.25 billion, comes just four months after Aviva failed to land UK business
Insurance industry
British sprinter Marlon Devonish made a triumphant return to the Athens track, where he had clinched his 4x100m relay gold medal almost two years ago. Devonish, along with his team-mates Jason Gardener, Darren Campbell, and Mark Lewis-Francis, will never forget their memorable moment when they defeated the favourites, the United
