insurance and pension news
Saturday, July 4, 2020
LONDON (Reuters) – French insurer AXA (AXAF.PA) said it reduced the temperature score of its investments in 2019, bringing them closer to alignment with the targets of the Paris Agreement on climate change. The so-called “warming potential” of its investments, a measure of their contribution to climate change, had fallen […]
By Amir Sadiq With COVID-19 driving down automobile activity, auto insurers in Texas could reap a windfall estimated between $606m and $869m, according to non-profit organisation Texas Appleseed (Appleseed). The organisation’s research has found that since March, weekly accidents in Texas declined by an average of 43%. However, about a […]
Smart. Leave a comment and share Chuks Udo Okonta The Tier based capital introduced by the National Insurance Commission (NAICOM) was no doubt a very good model, but it failed because of the way the model was implemented, the past Chairman, Nigerian Insurers Association (NIA), Tope Smart has said. He […]
Aviva Facebook and Holiday Inn brandsImage copyrightGETTY IMAGES By Jane Wakefield Technology reporter Two leading UK firms – the insurer Aviva and the Intercontinental Hotels Group (IHG) – have become the latest to “pause” advertising on Facebook. They join Ford, Adidas, HP, Coca Cola, Unilever and Starbucks, which have all […]
By Reuters JOHANNESBURG — Virus-related claims from just over 500 small South African firms battling insurers who have rejected them are worth up to 4 billion rand ($232 million), the firm representing the businesses has calculated. Loss adjustment firm Insurance Claims Africa (ICA) is pushing a host of big South […]
By Amir Sadiq While insurers were able to secure sufficient reinsurance capacity at the 1 June and 1 July renewals supported by adequate reinsurance capital, the shadow of unrealised COVID-19 losses continues to loom over the industry, with the global reinsurance market exercising more caution in these unprecedented times. The […]
Lloyd’s has unveiled a number of ways the insurance industry could fast-track global economic and societal recovery from the impacts of COVID-19. These include three open source frameworks namely ReStart, Recover Re and Black Swan Re. They are freely available for application around the world, two of which require government […]
Leave a comment and share In order to achieve swift delivery and timely response(s) to media monitoring and measurement services inquiries by prospects and the general public, P+ Measurement has launched a WhatsApp ChatBot on its official website. The chatBot would promote an effective turn-around time and also create a […]
SPRINGFIELD, Mass. & BOSTON–(BUSINESS WIRE)–Jun 30, 2020– Massachusetts Mutual Life Insurance Company (MassMutual) today announced the nationwide expansion of MassMutual HealthBridge, which provides free term life insurance to frontline healthcare workers who directly interact with patients fighting the virus. Previously, HealthBridge was available in MassMutual’s home states as well as […]
By Ranamita Chakraborty According to recent research from data insight specialist Consumer Intelligence, average premiums for UK motorists started to fall following COVID-19 lockdown measures in the country. This was despite the fact that motor insurance premiums had an overall increase of 2.7% in the last 12 months. “With fewer […]
