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Third of people willing to lie on insurance forms


Over a third of people are prepared to stretch the truth on their insurance forms in order to reduce their premium, a study by Zurich has found.

Solvency II will affect insurance pricing


Over a third of insurers are planning to change their prices in response to the new Solvency II regulation, according to a study by Deloitte.

Bahrain insurance sector triples in size

Bahrain, MENA28-05-2012Insurance news

The insurance industry in the kingdom of Bahrain has tripled in size between 2003 and 2011, according to the Bahrain Economic Quarterly report.

Tropical storm BERYL weakens


While winds have weakened to 50 mph, heavy rain is still expected from the tropical storm BERYL, according to an update by the National Hurricane Centre.

Weakened reinsurers vulnerable to catastrophes in 2012, says Fitch


A report by rating agency Fitch found that several reinsurers will be significantly exposed to catastrophe events in 2012, after becoming financially weakened by events in 2011.

ARABIA Insurance assigned B++ by AM Best

MENA26-05-2012Capital Management News, Insurance news

Rating agency AM Best has assigned ARABIA Insurance a financial strength rating of B++, and an issuer credit rating of bbb+.

US can meet hurricane capacity


Insurers in the United States (US) have sufficient capacity available for coverage prior to the approaching US hurricane season, according to Fitch Ratings.

Insurers: Major investors in Malta


Insurers are a major investor in the Maltese stock market, carrying on the tradition of companies - and even individuals – on the island investing in other local firms and stocks.

Insurers must not resist change


Resistance to change is the biggest weakness of insurers and brokers, according to a survey at the 9th annual Global Communications, Technology & Media (CTM) Forum in Salzburg.

Two senior hires at Goldberg Segalla


Law firm Goldberg Segalla has announced the appointment of two new partners.

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