Archived Insurance News from December 2007
Published: 31/12/2007
Drivers who would otherwise have their crashed cars written-off are quite happy to have cheaper recycled parts fitted to their cars.Allianz insurance says that in a trial in the north of England where...
Read More: Drivers happy to use recycled parts >Published: 31/12/2007
Credit card companies have hit brokers since the collapse of Independent Insurance by clawing back premiums.The Institute of Insurance Brokers (IIB) says that it is unfair that premiums properly passe...
Read More: Independent collapse hits brokers >Published: 31/12/2007
Whiplash is the "forgotten injury" with 250,000 cases on UK roads annually, according to a crash test research centre.Thatcham, also known as the Motor Insurance Repair Research Centre, has ...
Read More: Whiplash the 'forgotten injury' >Published: 31/12/2007
The world did not see as many 'mega' catastrophes this year but still had its fair share of smaller natural disasters, according to insurance giant Munich Re Group.It says that insurers around the wor...
Read More: Not so many 'mega' catastrophes >Published: 28/12/2007
Brits driving outside the EU who do not inform their insurers of their plans could be driving illegally.Online insurer esure says that a UK insurance policy, which provides third party cover for damag...
Read More: Driving outside EU could be illegal >Published: 27/12/2007
Reports about a possible merger in China between ING's two joint ventures in the country linking up have proved to be premature.Pacific Antai Life Insurance Co and ING Capital Life Insurance Co will n...
Read More: ING link-up not happening >Published: 27/12/2007
Insurance companies are having their repair bills bumped up by cars having inefficient bumpers.Thatcham research centre, which provides services to the car repair, insurance and car manufacturing indu...
Read More: Repair bills bumped up >Published: 24/12/2007
Two paintings by Picasso and Candido Portinari stolen in Brazil during a daring dawn raid were uninsured.Eduardo Cosomano, a spokesman for the Sao Paulo's museum of art, told the Associated Press (AP)...
Read More: Paintings stolen in Brazil raid not insured >Published: 24/12/2007
Axa is set to buy a large chunk of Russian insurer Reso Garantia.It has agreed to purchase a 36.7 per cent stake for €810 million .The contract, expected to be completed in early 2008, has an inb...
Read More: Axa set to buy chunk of Russian insurer >Published: 24/12/2007
Banking giant HSBC has announced plans to take on more insurance business itself rather than act as an intermediary.The move is expected to save Britain's biggest bank hundreds of millions of pounds a...
Read More: HSBC taking on more insurance business >