Europe : low interest rates will harm life insurers
Posted on October 31st, 2011
Fitch Ratings says the European Central Banks 25bps interest rate cut today puts into focus the pressure on life insurers margins and earnings from low interest rates. Although insurers are exposed to long-term bond yields rather than the ECBs short-term interest rates, the ECBs rate decision means long-term interest rates are expected to remain low. Although not generally a threat to capital or existing ratings in the near-term, prolonged low interest rates will create challenges.
Life insurers are exposed to interest rate risk through investment leverage, product guarantees and policyholder options.
Tags: Insurers, Interest Rates, Life Insurers, Low Interest Rates
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Garages gridlocked with “stuff”
Posted on October 31st, 2011
Multi-car households keep around £3,429 worth of items in their garage while £13,487 worth of vehicles are left on the road or driveway. <
Nicole Will be Back Next Week With Her Series on Public Insurance Adjusting
Posted on October 30th, 2011
Nicole will be back next week posting on her series regarding issues relating to public insurance adjusting. This weekend, Nicole and Merlin Law Group’s Sandy Baldinelli are walking in Tampa Bay’s Susan G. Komen 3-day walk for the cure to breast cancer. Nicole and Sandy are each walking 60 miles and together they have raised more than $4,600.00 to find a cure.
Tags: Adjusting, Insurance Adjusting, Public Insurance, Public Insurance Adjusting
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The importance and need of auto owners insurance
Posted on October 25th, 2011
Auto owner’s insurance is something that is needed not only by the requirements of the law but also for the general monetary well being of a car owner. When a person invests in buying a car, the person obviously feels a need to do everything that can be done in order to keep the car safe and to ensure that no harm or damage come to the car. However careful a person may remain, there are certain things that cannot be controlled and the car may get damaged. The reason for the damage could be a road accident due to the carelessness of another driver or a natural calamity in which the car may get damaged. These are things that are not in the hands of a person and they occur unannounced. T
Tags: Insurance
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iCarhireinsurance.com Wins Web Award
Posted on October 23rd, 2011
iCarhireinsurance.com has won a Travel Standard of Excellence award from the US Web Marketing Association, which awards the best websites on the World Wide Web. Now in its 15th year, the WebAward programme is the leading global website award competition.
“We believe it’s important to recognise the people and organisations responsible for developing some of the most effective and best web sites on the Internet today,” said the Web Marketing Association.
Our website iCarhireinsurance.com which specialises in car hire insurance received particular praise for its innovation, design and content. It was a
Tags: Award, Web Award
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Ford contributes to green movement with recycling
Posted on October 22nd, 2011
Ford is really getting involved in the fuel-efficiency movement, and it has four million pounds of recycled carpet to prove it.
Ford Motor Company says that it helped save more than 400,000 gallons of oil by recycling 4.1 million pounds of carpet, which was used to make various car parts like cylinder head covers.
The car company said it did this by moving away from making engine parts out of virgin material.
Cylinder heads made out of nylon
Since last year, Ford says it’s been making cylinder head covers with nylon that’s taken out of scrap carpet material.
Tags: Green Movement, Movement
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Auto Insurance Company Rewarding Teens
Posted on October 17th, 2011
Auto insurance companies are always competing to win business, but MetLife had more in mind when they started their new Teens on the Road to Safety Program. This program is specifically designed to encourage young drivers to make safe driving a priority. The press release on Business Wire details how the program is expected to work.
MetLife Auto Insurance knew something needed to be done to reign in the number of accidents being caused by teenagers on the road. One in three teenage deaths occur in car crashes and MetLife believes that can be prevented through education and awareness. The program encourages young drivers to stay safe on the road by offering drivers who go a full year without accidents, claims or moving violations a $50 gift card from American Express. If
Tags: Auto Insurance, Teens
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