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Market regulators take the heat off the insurance sector
News that so called ‘short selling’, the act of selling shares which traders do not own in the hope of buying them back at a lower price, has been banned by both US and UK regulators for the short term at least has received a warm welcome. Many had blamed this disruptive activity for the demise of HBOS over the last few days and the near terminal injuries suffered by US insurance giant AIG.
Continue reading...Bupa health insurance looks east for future growth
5. September 2008
As the health insurance market in the UK continues to grow it seems that Bupa has spotted the potential of an Indian joint venture at a very early stage of the proceedings. Indian insurance group Max India has announced plans to set up the venture with Bupa which will see the British company take a 26% stake in Max Bupa Health Insurance Ltd with Max India taking the balance.
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- AXA UK Insurance announces £4 million rebranding
- Pet insurance sales hit record numbers
- Market regulators take the heat off the insurance sector
- Rescue plan fails to strengthen AIG’s credit rating
- Have you insured your home office?
- Is insurance group AIG heading for financial meltdown?
- Hurricane Ike set to batter the US
- Sub-prime litigation in the US hits record highs
- Is pay-as-you drive car insurance set to hit the big time?
- Are you in the group with no home insurance?
18. September 2008
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