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U.S. Foreclosure Activity Decreases 6 Percent in August

A total of 109,561 U.S. properties with foreclosure filings -- default notices, scheduled auctions and bank repossessions -- in August, down 12% from the previous month and down 6% from a year ago.

September 17, 2015
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Land Insurance Industry Boosted Thanks to Merger

National Land Realty has announced its merger with Mississippi Land & Lakes offering further boost for investors in industry.

July 17, 2015
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Life Insurers Challenged by Competitive Landscape

Chief financial officers (CFOs) at North American life insurance companies say they continue to face sizable competitive challenges to their profitability, yet only a small number (20%) believe they are well prepared to respond to this competitive environment.

May 05, 2015
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ACE Packages New Multinational Insurance Solution for UK and Ireland Customers

ACE Group today announced the launch of ACE Multinational Partner, an enhanced package of comprehensive property and casualty insurance.

March 30, 2015
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Insurers Say Predictive Modeling Is Boosting Their Profits

Predictive modeling has notably increased in value across several areas of property & casualty (P&C;) insurers’ business over the past six years, according to global professional services company Towers Watson’s annual Predictive Modeling Survey.

February 10, 2015
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Report Identifies Key Risks for Financial Institutions Across EMEA

Aon Risk Solutions, the global risk management business of Aon plc, released an EMEA focused industry report today, highlighting the top risk factors facing EMEA financial institutions.

December 10, 2014
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RenaissanceRe to Acquire Platinum Underwriters for US$1.9bn

Merger of two Bermuda-based firms to accelerate growth in RenaissanceRe's US specialty and casualty reinsurance business.

November 24, 2014
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FCA: Small Firms Need to Better Manage Financial Crime Risks

The Financial Conduct Authority (FCA) has found that many small banks and commercial insurance intermediaries fail to effectively manage financial crime risk.

November 14, 2014
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Germany and UK Agree Joint IP Rules Proposal

The proposal is based on the Modified Nexus Approach proposed by theOECD, which requires tax benefits to be connected directly to R&Dexpenditures;, but amends these rules to address concerns expressed by some countries and seeks to address outstanding issues in relation to qualification of expenditures, grandfathering and tracking qualifying R&Dexpenditure.;

November 11, 2014
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Former Swinton Execs Fined and Banned from Senior Roles

The Financial Conduct Authority (FCA) has fined three former senior executives of Swinton Group Limited (Swinton) £928,000.

November 05, 2014
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Risk Appetite Reaches Record Highs

Nearly three quarters of CFOs surveyed by Deloitte say now is a good time to take risk onto their balance sheets – up from 65% in Q2 2014 and three times the level seen in Q3 2012

September 30, 2014
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Friday the 13th: Unluckier for Some

The age old superstition about falling prey to bad luck on Friday the 13th does in fact ring true for some motorists according to new data from Aviva, the UK's largest insurer.

June 13, 2014
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New CEO at Lockton UAE

Lockton, the largest privately held insurance broker in the world, and 9th largest overall, has announced the appointment of Ian Walton as Chief Executive Officer of Lockton Insurance Brokers (LLC), UAE.

June 05, 2014
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Unit-Linked Guarantees "Could be £4 Billion a Year Market"

The unit-linked guarantee market is set to nearly treble to £4 billion a year by the end of 2015 as the Budget reforms highlight the continuing need for certainty on capital and income, insurance firm MetLife believes.

May 27, 2014
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Bulk Annuity Market Should be Priority for Insurers

More insurers should focus on the bulk annuity market if they expect to write fewer individual annuities under the new pensions regime announced in the recent budget, says American global professional services firm Towers Watson.

May 02, 2014
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Insurance Stress Test Launched

The European Insurance and Occupational Pensions Authority (EIOPA) has launched an EU-wide stress test for the insurance sector.

May 01, 2014
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