Archive for March, 2008

Surgeon is jailed for fraudulent insurance claims after faking wife’s breast cancer

March 21st, 2008

What cover do I have for using my car abroad?
All of our motor insurance polices provide the minimum level of cover that is required to enable you to drive in:
Any country which is a member of the European Union and
Iceland, Norway, Switzerland, Liechtenstein and Croatia
They also give you the same level of cover that you enjoy in the UK (e.g. Fully Comprehensive) for trips of up to 30 days to these countries.
If you are to use your car in excess of 30 days for any one trip in these countries or you are visiting any other countries, you would need to contact us before you travel, get our written agreement to extend cover and pay any additional premium requested.

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Extract not available. Read more..

HONG KONG — Ping An Insurance Co Ltdm China’s second-largest life insurer, has agreed to pay more than 2.15 billion euros ($3.37 billion) for 50 percent of Fortis’ asset management business, sources with knowledge of the deal said, in the latest Read more..

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Don’t take chances with ski insurance

March 20th, 2008

What type of cover is available?
There are three types of cover that are available from a Private Car Insurance policy - Comprehensive, Third Party Fire & Theft and Third Party Only.
Comprehensive cover means you will be covered for loss of or damage to your vehicle caused in an accident, or by vandalism, fire, or theft. You are also covered for damage you cause to other people’s vehicles or property in an accident, or for injuries they sustain. This cover also includes additional benefits such as personal accident cover, medical expenses and cover for your personal belongings in your vehicle.
Third Party, Fire & Theft cover means you will be covered for loss of or damage to your vehicle caused by fire or theft. You are also covered for damage you cause to other people’s vehicles or property in an accident, or for injuries they sustain.
Third Party Only cover means you will be covered for damage you cause to other people’s vehicles or property in an accident, or for injuries they sustain.

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Don’t take chances with ski insurance
If you're planning a winter sports holiday, then don’t forget the insurance - or you could face a bill for thousands of pounds Skier



£475m floods toll is UK damper for Aviva
The dramatic floods of last year will cost insurer Aviva £475m, much more than the City was expecting flood damage



It’s the only game in town
There isn’t a "crisis" in life insurance, car insurance, fire insurance, etc. because there is open competition where the buyer and sellers of…

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TD Ameritrade Holding February Trades Per Day Up 8% - Quick Facts

March 19th, 2008

What if my vehicle is not kept at my home address?
The vehicle must usually be kept overnight at your home address. If this is not the case, please call us on 0800 99 1066 for a quotation.
What do I do if my vehicle is not kept on my driveway or in my garage overnight?
If your vehicle is parked anywhere other than on your drive or in your garage when it is at your home address e.g. in a nearby car park or compound, you should select the “Road” option.
How do I know whether the security devices fitted to my vehicle are acceptable to you?
If your vehicle is fitted with one or more security devices detailed below, please select the relevant description on the quotation. If your vehicle is not fitted with any security device or one that is not detailed below, please select “None”.
Alarm - the device must be an electronic car alarm and must be in working order.
Immobiliser - the device must be an electronic immobiliser that is activated either remotely or when the key is removed from the ignition and must be in working order. Many car manufacturers fit these devices to their vehicles as standard.
Mechanical immobilisers, such as a steering wheel or gear box lock, do not qualify.
Tracker - the device must be a vehicle tracking device that is fully operational at all times, when your vehicle is parked and left unattended.
Any security device you select will be a condition of your policy. If you are in any doubt as to whether your security device complies, please either do not select an option or call us on 0800 99 1066 for assistance, otherwise it could invalidate your cover in the event of a claim.

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TD Ameritrade Holding February Trades Per Day Up 8% - Quick Facts
More Breaking News about AMTD More Resources for AMTD (RTTNews) - TD Ameritrade (AMTD | news | PowerRating | PR Charts ) on Tuesday announced company metrics for February 2008, posting client posting an 8% rise in trades per day to 284,000 from last

E-Trade falls on downgrades of rival
NEW YORK (AP) - E-Trade Financial shares are slipping after analysts said they have become more pessimistic about brokerage stocks. UBS analyst Glenn Schoor downgraded shares of rival online brokerage TD Ameritrade Holding Corp. and five other financial

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Direct Line Car Insurance ? save 10%

March 18th, 2008

Buy Direct Line Car Insurance online and receive a 10% discount. You?ll also benefit from interest free monthly instalments (subject to status) and a 25% introductory discount off Direct Line Home Insurance. If you choose one of Direct Line?s repairers, your car will be collected and delivered for free, cleaned inside and out and the repair work will be guaranteed for 5 years.

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Net premium falls $3.1bn for US reinsurers
A group of 20 US property-casualty reinsurers wrote $22.7bn in net premium in 2007 marking a decrease of $3.1bn from the previous year, according to the Reinsurance Association of America annual underwriting report. Combined ratio improved slightly,

Ex-Safeco CEO McGavick to run XL Capital
Mike McGavick, who was CEO of Safeco Corp. from 2001 to 2005, has been named the next CEO of XL Capital Ltd. of Bermuda. McGavick, a graduate of the University of Washington, was named ‘CEO of the Year’ by the Puget Sound Business Journal in 2002 for his

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Liquidity stress seen, Re find support

March 17th, 2008

Hastings Direct looks to provide car insurance quotes at the best possible price, offering the best policy to suit your needs at the lowest price for you. Hastings Direct are able to offer competitive online rates because they work in partnership with their large panel of leading UK insurers and check their prices daily.

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Liquidity stress seen, Re find support
%. Through the week, rates were steady. At the LAF, the Reserve Bank of India (RBI) mopped up an average of Rs 26,000 crore through the LAF reverse repo. Late in the week, bids fell to Rs 6,525 crore. A bid for repo was also received. With the money

Bank of Baroda and Andhra Bank, with Legal & General Group of UK as a foreign partner have today signed, at Mumbai Shareholders’ Agreement for a joint venture for life Insurance business in India.
The Shareholders’ Agreement was signed by Dr. Anil K. Khandelwal, Chairman & Managing Director, Bank of Baroda, Dr. K. Ramakrishnan, Chairman & Managing Director, Andhra Bank and Sir Rob Margetts Chairman Legal & General. The Memorandum of Understanding

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Stop painting out the warts, insurers told

March 16th, 2008

Which employment status should I select?
When identifying your occupation we first ask “What is your employment status”? The list of adjacent occupations and employer business types are then customised according to your employment status. For example, selecting an employment status of “Household Duties” will customise the occupation list to show only the applicable “Housewife” and “Househusband” entries and will default employers business type to “Not in employment” making your occupation selection easier. Similarly, selecting an employment status of “Full time Education” will show only those occupation entries relating to student activities where you are “Not in employment”.
I cannot find an exact match for my occupation or employer’s business?
If you cannot find an exact match, please select the description that most closely matches the occupation or business. If you still cannot find a match, please call us on 0800 99 1066 and we will help you.

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Stop painting out the warts, insurers told
Leading life insurance and pensions firms have been told to come clean on what their customers really think of them

Lower life insurance for vegetarians
A new life insurance policy was launched today offering lower premiums to vegetarians Paul McCartney Heather Mills



£475m floods toll is UK damper for Aviva
The dramatic floods of last year will cost insurer Aviva £475m, much more than the City was expecting flood damage



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AEGON Unit Adds VA Withdrawal Guarantee

March 15th, 2008

AEGON Unit Adds VA Withdrawal Guarantee
Extract not available.

Getting travel cover after sickness
One thing most people want when they’ve recovered from a serious illness is a holiday, but finding travel insurance can be a problem Easyjet-plane

13 Mar 2008Sri Lanka’s insurers warn customers over delayed premiums.
(LBO) General insurance premiums must be settled within 60 days so that the insured have the ability to claim and for insurers to avoid solvency difficulties, Sri Lankan insurance companies and the regulator said. They said the regulator, the Insurance

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Montpelier Re Holdings Names Christopher Harris CEO; Announces Promotions

March 14th, 2008

More Breaking News about MRH More Resources for MRH (RTTNews) - Thursday, Montpelier Re Holdings Ltd. (MRH | news | PowerRating | PR Charts ) said it appointed Christopher Harris as Chief Executive Officer, effective July 1, 2008. Harris would succeed Read more..

New findings from the Sainsbury?s Car Insurance Index show that the cost of insuring your car could be rising rapidly unless you take some simple steps to ensure you get the best deal. Sainsbury’s Index, which tracks telephone car insurance industry premiums on a quarterly basis, reveals that the average car insurance premium in July 2005 was ?490.13, compared with ?465.18 in April, an increase Read more..

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Around the PF Blogosphere: March 13, 2008

March 13th, 2008

…asked “Should All Home Owner Buy Flood Insurance?” My answer is Of course not. I don’t have a comprehensive car insurance, though the… Continue …

BEIJING (XFN-ASIA) - Ping An Insurance (Group) Co of China Ltd (SHA 601318; HK 2318), the country’s second-largest insurer by assets, said it has no comment on a report that Ping An is considering acquiring an investment unit of Fortis NV. ‘We have no Continue …

Motorists’ stereotypes about other road users are causing erratic driving behaviour on UK roads, according to new research from Direct Line. The research revealed that British drivers tend to judge other motorists by the types of vehicles they are at the wheel of before seeing them drive. Almost three quarters (73 per cent) of motorists admit to behaving differently depending on who is in front Continue …

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esure car insurance

March 12th, 2008

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Schwab to Launch New Monthly Income Funds for Retirees
Subscription Begins Today for Three New Funds Designed to GenerateIncome With Growth Potential for Future Income NeedsSAN FRANCISCO, Mar 11, 2008 (BUSINESS WIRE) — Charles Schwab continues to expand its mutual fund solutions for retirees with the

WellPoint outlook drives insurers lower
NEW YORK - WellPoint Inc.’s decision to cut 2008 guidance cast an ominous shadow over the health insurance industry Tuesday, as Wall Street worried about the wider impact of higher medical costs and a weak economy. Shares of Indianapolis-based WellPoint

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