Showing posts with label insurance news. Show all posts
Showing posts with label insurance news. Show all posts

Sunday, 24 March 2013

small businesses will no longer pay national insurance contributions 2014

UK small business insurance - small businesses will no longer pay national insurance contributions 2014 : Up to 450,000 small businesses will no longer pay national insurance contributions from next year, the chancellor claimed on Wednesday in what he described as "the largest tax cut in the budget".

But even as George Osborne set out measures intended to boost cash-strapped small businesses, he faced criticism for not holding off on planned increase in business rates.

Disclaimer : The information on this website does not constitute recommendations to buy or sell any goods or investment assets, Investing can be risky, please note that it is your own evaluation of the risks and potentials that you base your investment decision on.

Saturday, 23 March 2013

California Online Health Insurance for Small Businesses and Individuals

California Online Health Insurance for Small Businesses and Individuals : The new online marketplace where Californians will soon be able to buy health insurance is also building a program for small businesses.

Employers with fewer than 50 workers will have the option of joining the "Small Business Options Program," or SHOP, starting in 2014. Michael Lujan is helping to create the program - he says it will help small employers offer what big companies can.

Disclaimer : The information on this website does not constitute recommendations to buy or sell any goods or investment assets, Investing can be risky, please note that it is your own evaluation of the risks and potentials that you base your investment decision on.

Sunday, 27 January 2013

Insurance claims from the latest Queensland floods

best insurance stock - Insurance claims from the latest Queensland floods have already topped $27 million, as river levels continue to rise in large parts of the state. As of Monday morning, "just shy of 3000 claims" had been lodged relating to losses in Queensland, said Campbell Fuller, general manager for communications at the the Insurance Council of Australia.

The total claimed losses are likely to be "well north of $40 million", he said. "Rivers are still rising across south-eastern Queensland," he said, adding that flood waters were yet to peak at Ipswich and much of Bundaberg remained underwater.

Disclaimer : The information on this website does not constitute recommendations to buy or sell any goods or investment assets, Investing can be risky, please note that it is your own evaluation of the risks and potentials that you base your investment decision on.

Saturday, 26 January 2013

Insurance Awareness levels of Indonesian society

Insurance Awareness levels of Indonesian society : Despite the relatively high economic growth rate, which according to predictions of 6.5 percent in 2013, however, the public interest to invest through insurance, it is very minimal. lack of investment from the public is more due to the tendency of people do not understand insurance.

Disclaimer : The information on this website does not constitute recommendations to buy or sell any goods or investment assets, Investing can be risky, please note that it is your own evaluation of the risks and potentials that you base your investment decision on.

Friday, 25 January 2013

World Bank insurance program in disaster prone Haiti

World Bank insurance program in disaster prone Haiti : an arm of the World Bank next week will unveil a $1.96 million project that aims to help thousands of low-income entrepreneurs in Haiti protect their livelihoods against natural disasters.

The International Finance Corporation says the program is much-needed. Only 0.3 per cent of Haiti's 10 million people have some form of insurance, one of the world's lowest rates.

Disclaimer : The information on this website does not constitute recommendations to buy or sell any goods or investment assets, Investing can be risky, please note that it is your own evaluation of the risks and potentials that you base your investment decision on.

Health Insurance Innovations ipo stock prices

Best Insurance stock - Health Insurance Innovations ipo stock prices : Health Insurance Innovations Inc. said it expects to raise up to $72.9 million in an initial public offering. The company plans to sell about 5.4 million shares, at between $14 and $16 a share, according to its most recent filing with the U.S. Securities and Exchange Commission. The shares include 700,000 that underwriters would have an option to purchase to cover over-allotments.

Disclaimer : The information on this website does not constitute recommendations to buy or sell any goods or investment assets, Investing can be risky, please note that it is your own evaluation of the risks and potentials that you base your investment decision on.

Wednesday, 23 January 2013

Details of IRB Re-Insurance Co Privatization

Best Insurance stock - Details of IRB Re-Insurance Co Privatization  : The Brazilian government's National Development Bank, or BNDES, on Wednesday released details of its planned privatization of re-insurance company IRB-Brasil Re, based on an initial public offering of shares.

The privatization process will take place via an increase in IRB's capital. The BNDES set the price of each new share at 2,577 Brazilian reais ($1,263). The government authorized a capital increase of between 2% and 15% for IRB.

Disclaimer : The information on this website does not constitute recommendations to buy or sell any goods or investment assets, Investing can be risky, please note that it is your own evaluation of the risks and potentials that you base your investment decision on.

Saturday, 19 January 2013

Effective and Efficient Insurance Group Supervision in the U.S

best insurance stock  - Effective and Efficient Insurance Group Supervision in the U.S : The Property Casualty Insurers Association of America issued the following news release: The Property Casualty Insurers Association of America (PCI) today released a white paper entitled, "Effective and Efficient Insurance Group Supervision in the U.S.: What More, if Anything is Needed?" The document outlines PCI's group supervision principles and group supervision implementation recommendations.

Disclaimer : The information on this website does not constitute recommendations to buy or sell any goods or investment assets, Investing can be risky, please note that it is your own evaluation of the risks and potentials that you base your investment decision on.

Friday, 18 January 2013

Canada employment insurance november 2012

best insurance stock - Canada employment insurance november 2012, canada insurance claims 2012 : The following is the text of Canada’s employment insurance report for Nov. released by Statistics Canada. Following little change in October, the number of people receiving regular Employment Insurance (EI) benefits in November edged down 4,500 (-0.8%) to 528,000.

Disclaimer : The information on this website does not constitute recommendations to buy or sell any goods or investment assets, Investing can be risky, please note that it is your own evaluation of the risks and potentials that you base your investment decision on.

Wednesday, 16 January 2013

Genworth would separate its mortgage insurance business

Best Insurance stock - Genworth would separate its mortgage insurance business  : Genworth Financial Inc said it would separate its mortgage insurance business into a new company, as the company looks to insulate itself from its troubled mortgage insurance unit, sending its shares up 4 percent before the bell.

Mortgage insurers have been struggling to recoup their losses after the housing bubble burst and foreclosures soared, leaving them with large claims on unpaid home loans.

Disclaimer : The information on this website does not constitute recommendations to buy or sell any goods or investment assets, Investing can be risky, please note that it is your own evaluation of the risks and potentials that you base your investment decision on.

Tuesday, 15 January 2013

Mt. Logan Re insurance vehicle

Best insurance stock - Mt. Logan Re, Ltd insurance vehicle : Another reinsurer is taking its first step into the third-party capital asset management arena by launching a vehicle dedicated to attracting investors capital to put it to use underwriting collateralized reinsurance business. Bermuda based Everest Re Group Ltd. announced the formation and launch of Bermuda domiciled special purpose reinsurer Mt. Logan Re, Ltd.  with $250m of raised capital at the end last week.

Disclaimer : The information on this website does not constitute recommendations to buy or sell any goods or investment assets, Investing can be risky, please note that it is your own evaluation of the risks and potentials that you base your investment decision on.

Thursday, 10 January 2013

AlphaCat 2013 Ltd

AlphaCat 2013 Ltd; Bermuda based insurance and reinsurance group Validus Holdings has announced the successful raising of $404.4m of capital, largely from third-party investor sources, by its investment and asset management subsidiary AlphaCat Managers Ltd. The third-party capital injection is to be put to be invested in collateralized reinsurance and insurance-linked securities (ILS) by capitalising a new sidecar and adding capacity to its ILS funds.

The news underscores Validus’ commitment to the third-party asset management strategy as a source of underwriting capital. Its CEO Ed Noonan said back in July that with over $1 billion under management Validus felt as though it was just scratching the surface in this segment of their business.

Disclaimer : The information on this website does not constitute recommendations to buy or sell any goods or investment assets, Investing can be risky, please note that it is your own evaluation of the risks and potentials that you base your investment decision on.

Tuesday, 8 January 2013

Generali Insurer will buy Czech group PPF

Generali Insurer will buy Czech group PPF : Italy's largest insurer Generali (GASI.MI) said on Tuesday it will buy out the rest of an eastern European joint venture it holds with Czech group PPF for 2.5 billion euros ($3.3 billion), increasing its exposure to the fast-growing region.

It is the first major deal struck by Generali's new chief executive, Mario Greco, who was appointed in August to improve profitability at Europe's third-largest insurer behind Allianz (ALVG.DE) and Axa (AXAF.PA), and review its portfolio of assets.

Disclaimer : The information on this website does not constitute recommendations to buy or sell any goods or investment assets, Investing can be risky, please note that it is your own evaluation of the risks and potentials that you base your investment decision on.

Insurance Claims fires in australia Rise

Best Insurance stock ; Insurance Claims  fires in australia Rise,  fires in Tasmania, New South Wales and Victoria, Australian Insurance Claims summer 2013 : The Australian summer had been made more agonizing by the bushfires. The country's continued rising temperatures had been the crux of insurance companies as incidence claims have now surged by more than $42 million and yet more still likely to come in as the blazes unexpectedly occur with the dry weather.

Disclaimer : The information on this website does not constitute recommendations to buy or sell any goods or investment assets, Investing can be risky, please note that it is your own evaluation of the risks and potentials that you base your investment decision on.

Monday, 7 January 2013

Tune Insurance IPO launch expected february 2013

Tune Insurance IPO launch expected february 2013, Tune Insurance IPO shares prices : The founders of Malaysia's AirAsia Bhd (AIRA.KL) are expected to launch a $65 million initial public offering (IPO) of Tune Insurance Bhd by the end of February, two sources close to the deal told Reuters.

The flotation would be the first of three IPOs due to raise a combined $500 million that Tony Fernandes and Kamarudin Meranun, founders of Asia's largest budget carrier, are planning this year.

Disclaimer : The information on this website does not constitute recommendations to buy or sell any goods or investment assets, Investing can be risky, please note that it is your own evaluation of the risks and potentials that you base your investment decision on.

Thursday, 3 January 2013

indonesia sharia insurance industry forecast 2013

best insurance stock - indonesia sharia insurance market forecast 2013 : Respect of the law will disahkannya about sharia insurance, six months after being all sharia units available in conventional master should spin off. According to sharia economic practitioner of the Shariah Economic Society (MES), Muhammad Syakir Sula. According Syakir Sula, in the year 2013 will be a lot of spin-off insurance sharia or break away from the conventional parent.

Disclaimer : The information on this website does not constitute recommendations to buy or sell any goods or investment assets, Investing can be risky, please note that it is your own evaluation of the risks and potentials that you base your investment decision on.

Total insurance claims from hurricane sandy 2012

Best Insurance stock - Total insurance claims from hurricane sandy 2012, insurance claims in 2012,; A leading insurance company says natural disasters cost the industry $65 billion last year and that Superstorm Sandy accounted for nearly two-fifths of the total. However, Munich Re AG said Thursday total insured losses from natural catastrophes were down from a record $119 billion in 2011, when devastating earthquakes in Japan and New Zealand cost the industry dear.

Disclaimer : The information on this website does not constitute recommendations to buy or sell any goods or investment assets, Investing can be risky, please note that it is your own evaluation of the risks and potentials that you base your investment decision on.

Wednesday, 2 January 2013

2013 IRS Tax Limits for Long-Term Care Insurance

2013 IRS Tax Limits for Long-Term Care Insurance :Individual taxpayers can treat premiums paid for tax-qualified long-term care insurance for themselves, their spouse or any tax dependents (such as parents) as a personal medical expense. The yearly maximum deductible amount for each individual depends on the insured's attained age at the close of the taxable year (see Table 1 for current limits). These deductible maximums are indexed and increase each year for inflation. 

Disclaimer : The information on this website does not constitute recommendations to buy or sell any goods or investment assets, Investing can be risky, please note that it is your own evaluation of the risks and potentials that you base your investment decision on.

Tuesday, 1 January 2013

Saudi insurance growth rate predictions 2013

Best Insurance Stock - Saudi insurance growth rate predictions 2013 : A number of executive officials of several insurance companies agreed that the annual growth rate of the insurance sector would increase by 13 percent during 2013. With a state budget that is about 15 percent higher than previous year's, there will be more spending and investment in government projects, part of which will go to the sector given healthcare projects, medical error costs and engineering insurance that is a must for a government project.

Disclaimer : The information on this website does not constitute recommendations to buy or sell any goods or investment assets, Investing can be risky, please note that it is your own evaluation of the risks and potentials that you base your investment decision on.

USBI Share repurchase program 2013

USBI Share repurchase program 2013 : United Security Bancshares, Inc. ("USBI"), a Delaware corporation based in Thomasville, Alabama, announced that its Board of Directors has extended USBI's existing share repurchase program pursuant to which USBI may repurchase up to 642,785 shares of its common stock.

Disclaimer : The information on this website does not constitute recommendations to buy or sell any goods or investment assets, Investing can be risky, please note that it is your own evaluation of the risks and potentials that you base your investment decision on.