News
Sen. Dodd to Move Unveil Financial Regulatory Reform Next Week
Senator Christopher Dodd said Thursday that he will present on Monday his own version of a financial reform bill after compromise talks with Senate Republicans broke down.
Dodd, the chairman of …
Zurich Picks Perritaz to Replace Howie as Asia-Pacific/Middle East CFO
Zurich Financial Services Group has appointed Pascal Perritaz (37, Swiss citizen) to the position of Chief Financial Officer Asia-Pacific and Middle East (APME), effective April 1, 2010.
He …
Fitch Holds Conference on China’s Life, Non-Life Insurance Sectors
Fitch Ratings hosted a teleconference today, March 11 on the performance of China's life and non-life insurance sectors. A replay of the conference is expected to be posted soon on the rating …
U.S. Traffic Fatality Rate Fell to Lowest Ever Recorded in 2009
The number of overall traffic fatalities reported at the end of 2009 reached the lowest level since 1954, declining for the 15th consecutive quarter, the U.S. Department of Transportation …
Obama Health Secretary Keeps Pressure on Health Insurers
Health and Human Services Secretary Kathleen Sebelius ratcheted up the pressure on health insurance companies Wednesday, urging them to forgo short-term profits to make coverage more affordable …
Maine Plaintiffs Lose Ruling in Light Cigarette Lawsuit
Smokers suing Philip Morris and its parent company over light cigarettes will have to start from scratch with their lawsuit in Maine.
A federal judge in Bangor has denied plaintiffs' request to …
Florida Insurers Pin Hopes on Broad Bill Passed by Senate Panel
With the prospects for a controversial rate deregulation bill dimmed by Gov. Charlie Crist's threat of a veto, the insurance industry is betting on a new wide-ranging insurance proposal to bring …
Prepare for Earthquakes
California residents are the weakest link in earthquake preparedness and more than 60 percent have not done enough to make their homes safer and guard their personal finances, according to a newly released study. The California Earthquake Preparedness Survey conducted by the University of California Los Angeles School of Public Health for the state Emergency […]
Hard-up travellers warned against skipping insurance
According to new research from Aviva, the torrid weather of winter has fuelled an understandable desire to holiday abroad.
However, the insurer has discovered that, worryingly, the ongoing economic difficulty and consumer belt-tightening has led 31% of would-be travellers to state they intend to skip taking out travel insurance or were considering going without it.
Sixty-two percent […]
Zurich appoints APME CFO
Zurich Financial Services Group has announced the appointment of Pascal Perritaz as the new chief financial officer of the Asia-Pacific and Middle East (APME) region.
He has been with the firm for the last 14 years, and has held a number of senior posts within the global corporate business in Europe.
Since 2008 he has worked as […]