Former Country Managing Director at Coface Joins ICBA Sweden
As of January 1, 2012, the former Managing Director of Coface for the Nordic countries, Mikael Szabo, has joined ICBA Sweden, known also as Söderberg & Partners, in Stockholm, Sweden. ICBA is the largest broker of financial services in Scandinavia. Szabo had been with Coface since 2001, and had held the positions of Country and [...]
Gallagher buys main stake in Insurance Dialogue
IAG UK sells controlling stake in over-50s broker Gallagher has bought a 78.5% stake in Insurance Dialogue (IDL), a broker which specialises in personal lines insurance for over-50s and trades as Insure4Retirement. Gallagher bought out Equity Insurance Group’s 51% stake in IDL plus shares from existing IDL management, who now control the remaining 21.5% stake. [...]
MetLife Defends Themselves Against Failed Stress Test
‹ Back to Home Posted on: Wednesday, March 28th, 2012 MetLife, Americas largest life insurance company, failed the Federal Reserves stress test along with three other bank holding companies for 2012 according to Jeff Jeffreys article on InsuranceNewsNet. The stress test is the 2012 Comprehensive Capital Analysis and Review which applies worst case scenarios to [...]
Insurance agents say November election is all about the economy
The most important issue to be addressed through the November presidential election is finding ways to improve the U.S. Read more…
Underlying Danger: avalanches of political risk can surprise even the most secure foreign investment contracts
I spent two weeks in March 2012 skiing in the Canadian Rocky Mountains, during which time it snowed nearly every day. The new fresh snow was mounded up on every slope. The sights were amazing, as every surface and tree was coated in white. It was hard to believe that anything so beautiful could be [...]
Solvency II could be delayed until 2015
KPMG director calls for clarity on fresh delays Solvency II could be delayed until January 2015 after today’s announcement that the plenary vote on Omnibus 2 has been put back, according to KPMG Solvency II director Janine Hawes. Hawes said: “Today’s confirmation of a further three month delay means that the vote will now not [...]
Life Insurance and Divorce
‹ Back to Home Posted on: Monday, March 12th, 2012 No one likes to think about divorce as they are shopping for life insurance with their spouse, but unfortunately it is responsible to consider all possibilities when choosing a policy and a beneficiary. The WomensDivorce.com website offers some basic information to consider when you are [...]