Vietnamese Energy Insurance Company to Issue IPO

Vietnam’s Petrolimex Joint Stock Insurance Co., the insurance entity of Vietnam’s leading oil product importer, Vietnam National Petroleum Corporation, or Petrolimex, will shortly float a initial public offering stock option on the government’s...

Kenya to Host First Africa Insurance Conference

The first Africa insurance and re-insurance conference will be held in Nairobi, Kenya between June 22 and 23, 2011.

Motorists Warned to Insure Their Vehicles Ahead of Crackdown in the UK

Motorists in the UK are being warned to insure their vehicles ahead of a new crackdown to tackle the menace of uninsured driving. Under the new Continuous Insurance Enforcement law – which will affect all motorists from June 20 – it is an offense...

18.3 Million Baby Boomers Could Benefit From the Affordable Care Act

18.3 million men and women ages 50 to 64 stand to benefit from provisions in the Affordable Care Act that expand access to affordable health insurance, assure that all health insurance provides a standard comprehensive benefit, prevent insurers from denying...

U-M’s Efforts to Encourage Disclosure of Medical Errors Decreased Claims

The University of Michigan’s program of full disclosure and compensation for medical errors resulted in a decrease in new claims for compensation (including lawsuits), time to claim resolution and lower liability costs, according to a study published...

Zimbabwe And Mozambique Listed As Vulnerable to the Economic Impact of Natural Disasters

New research by the UK-based risk intelligence and ratings company Maplecroft has listed Zimbabwe and Mozambique among the seven countries most vulnerable to the economic impact of natural disasters and unsafe for investors, insurers and doing business....

Senegalese Life Insurance Company Amsa-Vie Increases Turnover 287%

The leading Senegalese Life Insurance company Amsa-Vie has achieved a 287% turnover increase in end 2008. In fact, the company earned a turnover of CFA5.866 billion against CFA 1.516 billion in 2007, the Senegalese association of insurance companies said,...

Employers Face 10.5% Increase in Health Care Costs

Health care costs are expected to increase on average 10.5% in the next 12 months, according to Aon Consulting, the global human capital consulting organization of Aon Corporation.