Insurance industry
Research by Britain's biggest insurer, Norwich Union, found that 100 of its high net worth customers were under-insured by a total of £8.5m. According to the insurer, this equates to an average under-insurance of £85,000 per household. The insurer is now offering free wealth checks to
Insurance industry
Glyn Hollingworth, a member of Coventry Godiva Harriers, has made a significant impact in the Javelin throw event, setting a new personal best of 65.84 meters at the interregional match at Alexander Stadium. This achievement not only earned him victory but also propelled him to 12th place in the
Insurance industry
Lexington Insurance Company, a member of American International Group, Inc. (AIG), has announced the introduction of Evacuation Response Coverage for select healthcare and higher education institutions. This coverage provides policyholders with protection against expenses incurred due to mandatory evacuation orders from local civil authorities. The coverage insures evacuation expenses for
Insurance industry
Florida's insurance market has been struggling to recover after two punishing hurricane seasons, with many insurers forced to provide millions of dollars in cash from their parent companies to help pay for damages. The state's insurer of last resort, Citizens Property Insurance Corp., is set to
Insurance industry
Dwain Chambers, the 28-year-old Londoner, made a stunning return to competitive athletics at the Norwich Union British Grand Prix in Gateshead, running 10.07 seconds to finish third behind Asafa Powell's world-record equaling 9.77 seconds. This impressive performance has all but guaranteed Chambers a spot in Britain&
Insurance industry
Asafa Powell, a 23-year-old Jamaican sprinter, equalled his 100 metres world record at the Norwich Union British Grand Prix in Gateshead, running a time of 9.77 seconds. Powell's achievement marked the first time anyone had run under 10 seconds on British soil and the first 100m world-record
Insurance industry
Dwain Chambers, Britain's best 100m sprinter, returns to the track today after a two-year ban for using a designer steroid, igniting controversy and debate over his eligibility to compete again. Chambers' suspension was due to his involvement with Victor Conte, a nutritionist who supplied illicit substances through
Insurance industry
Nick McCormick returns to his home track at Gateshead, where he first began his athletics journey, to compete in the prestigious Norwich Union Grand Prix. The 24-year-old middle-distance runner, who rose to fame last year as AAA champion and finished fifth in the Commonwealth Games, will face stiff competition from
Insurance industry
Policyholders of Standard Life are faced with a crucial decision after the company's demutualisation plans were overwhelmingly approved by its members. With around 2.4 million eligible members set to receive a fixed allocation of 185 shares, along with a variable element based on policy type, value, and
Insurance industry
Vodafone and Northern Foods will take center stage in the City this week, with strategic reviews and historic votes on the agenda. Vodafone's chief executive, Arun Sarin, faces a critical day in his three-year tenure as the telecoms giant posts full-year profits and provides details on its strategic
Insurance industry
Sustainability experts and insurance companies are considering the financial implications of climate change, as rising temperatures and extreme weather events impact policyholders. Reinsurer Swiss Re has recently joined a statement promoting carbon awareness, and experts believe that business interest in climate change is not just altruistic, but also driven by
Insurance industry
As the Northbrook-based auto and home insurer digs out from the aftermath of Hurricanes Katrina and Rita, its profit for the first quarter has exceeded expectations, reaching $1.42 billion, or $2.19 a share, up 26% from the same period in 2005. Despite this, the company's shares
