Lloyd’s of London, the world’s biggest insurance market, has reported a 39% rise in profit, after a “relatively low” level of catastrophe claims. + READ MORE

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Insurance industry executives worry about the effect of regulation on their performance over the next few years, but disagree on how financial service regulatory reform should unfold, according to a recent survey. + READ MORE

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For years the insurance industry has fought on Capitol Hill for an optional federal charter for insurance agents, as opposed to the piecemeal state-based system that has existed for a century. + READ MORE

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The world’s fifth largest insurance group entered the expatriate medical insurance market last week. The introduction of Aviva’s International Solutions “pick’n'mix” plan should pep up competition between insurers to the benefit of expats, brokers say. + READ MORE

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The White House, Democrats and health care experts are blasting a new insurance industry trade report that finds that health insurance premiums for the typical American family would increase by $4,000 by 2019 under a key Senate overhaul plan. + READ MORE

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We are experiencing the biggest recession since the Great Depression of the 1930’s. The IMF forecast a drop in GDP and thereafter a very slow recovery. + READ MORE

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Insurance companies added only a few customers in the last one year and it was mainly renewal premium which drove collections ever since the eruption of the global economic crisis in September 2008, says SB Mathur, secretary-general, Life Insurance Council. + READ MORE

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The good news to emerge from the first-quarter results recently published by many major European and global insurance groups is that the worst appears to be over. + READ MORE

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Insurance is supposed to make you feel safe. Whether you buy life insurance, annuities, disability or long-term care insurance, the idea is to remove the threat of some nasty surprise hurting you or your family at some point in the future. + READ MORE

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Congress is likely to begin a review of the financial oversight system next month, with an eye toward revamping regulation. Banking, of course, will take center stage, especially now that the federal government has a direct stake in many of the nation’s largest banks. + READ MORE

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