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RSA establishes new GSL division

From Insurance Daily , 7 month ago, Read 0 times. Similar articles

Global insurer RSA has announced that it has taken the decision to combine its large, risk managed and specialist businesses across the world and establish the Global Specialty Lines (GSL) division. Group Sales and Broker Relationships Director Paul Donaldson has been named as the leader of the new division. The GSL division will consist of its specialist departments, namely Risk Solutions; Construction and Engineering; Marine; and Renewable Energy. Premiums exceeding £1bn are written by RSA in... Read more
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Munich Re and Ping An co-operate on green energy

From Insurance Daily , 8 month ago, Read 0 times. Similar articles

Munich Re and Ping An Property & Casualty Insurance Company Ltd. have signed a co-operation agreement to jointly develop and provide insurance for the renewable energy industry in China. Insurance solutions created by Ping An and a special project team from Munich Re will help reduce risk for large and capital-intensive projects in the Eastern [...] Read more
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Term Life Insurance and Guaranteed Renewable Status

From The Direction of Health Care in , 9 month ago, Read 1 times. Similar articles

Term Life Insurance and Guaranteed Renewable Status Article by Dennis Jarvis What happens if you have qualified for and purchased term life insurance but your health significantly changes' The good news is that the term life insurance plans we quote on this site (we cannot speak for other sites out there) are guaranteed renewable. Let’s find out why this is so important to the basic idea of life insurance protection to begin with. We get the question almost daily, “What if my... Read more
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Exorka, Marsh, Munich Re cover geothermal project

From Insurance Daily , 10 month ago, Read 0 times. Similar articles

Project developer Exorka, insurance broker Marsh and Munich Re have collaborated together to create an insurance offering that protects against the exploration risk of a geothermal energy project in Taufkirchen. There are a range of renewables energy sources, amongst the most promising of which is deep geothermal energy. However, geothermal is sometimes held back by [...] Read more
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RSA and WWF set out renewable energy agenda

From Insurance Daily , 11 month ago, Read 0 times. Similar articles

A new report from RSA and environmental organisation, WWF, sets out the case for a renewable energy strategy that will meet 100% of the world's energy needs by 2050. Acknowledging the challenges of broader adoption of renewable energy, the insurer and its partner are demanding: greater access to project capital; government incentives and lasting financial [...] Read more
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Marsh launches solar projects policy

From Insurance Daily , 1 year ago, Read 0 times. Similar articles

Marsh has developed an insurance contract that provides coverage for project companies and operators in the solar, or photovoltaic, renewable energy sector. According to the broker, worries about industry stability mean that banks currently only give limited recognition to long-term guarantees provided by solar module manufacturers, as a basis for approving financing. Typically, manufacturers provide [...] Read more
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A Growing Trend in Post-Koken Pleadings'

From Tort Talk, 1 year ago, Read 0 times. Similar articles

On January 7, 2010, Judge Arthur J. Schwab of the United States District Court for the Western District of Pennsylvania issued a post-Koken decision in the case of Rubin v. State Farm, slip copy 2011 WL 61175, 10 CV 1651 (W.D.Pa. Jan. 7, 2011, Schwab, J.)(mem. op.) in which the court denied the UIM carrier's Fed.R.C.P. 12(b)(6) Motion filed in response to the Plaintiff's breach of contract claim based upon the carrier's failure to pay UIM benefits.The court basically found that, in reviewing... Read more
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ING and Met Life Term Conversion Options

From Term Life Insurance United State, 1 year ago, Read 0 times. Similar articles

I recently had a client ask me about which term product had a better conversion option:  Met Life or ING'  To understand the explanation given, you must understand the two options available when the level term period expires on most term life insurance contracts.  Option 1 is to pay an annual renewable rate, which means your premium is no longer fixed, and increases year after year.  Going into your purchase of a 10 to 30 year term policy, no one knows what that will cost.  You do have a... Read more
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Schwab Withdraws from Subprime Securities Suit Settlement

From The D & O Diary, 1 year ago, Read 0 times. Similar articles

There is a reason that when class action settlements are announced, they are described as preliminary and subject to final approval – sometimes the settlements fall apart before the case is finally put to rest. That appears be what has happened with the Schwab YieldPlus subprime-related securities class action lawsuit.   As discussed here, in April 2010, the parties to the Schwab YieldPlus securities suit announced a preliminary settlement of the plaintiffs’ securities claims.... Read more
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Guest Post: Cody the Cat

From Trupanion Blog, 1 year ago, Read 0 times. Similar articles

The following post is written by Cody (aka “Wascally Wabbit” or “Rabbit Boy”), the loveable cat of Cat Chat fame. Hi everybody, it’s me, Cody. My mom is Caren Gittleman, who you might remember from previous guest posts. I’m writing a post today because I need your sympathy. You will never guess what she is [...] Read more
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