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Aviva survey shows rise in uninsured SMEs
Aviva’s twice yearly SME Pulse survey of 500 UK SMEs has revealed an increase in the number of these businesses trading without insurance from 8% in June to 20% in December 2011.
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Jack Straw warns of regulatory threat facing motor insurers
Jack Straw has called on the industry, particularly insurers, to do much more to reform the private motor market or face further government intervention.
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Cameron's attack on H&S culture challenged by legal sector
David Cameron has vowed to “wage war” against the health and safety culture in Britain.
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The Insurance cost of Natural Catastrophe 2011
A sequence of devastating earthquakes and a large number of weather-related catastrophes made 2011 the costliest year ever in terms of natural catastrophe losses, Munich Re’s annual natural catastrophe review has found. Full Story...
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The U.N. Security Council lifted sanctions on Libya's central bank
The U.N. Security Council lifted sanctions on Libya's central bank and a subsidiary on Friday, clearing the way for tens of billions of dollars they hold overseas to be unfrozen to ease an acute cash crisis. Full Story...
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6.8 million homes are underinsured
One in four households underestimate the value of their possessions, Homeowners under estimate their value of their possessions by 30pc Full Story...
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Total insured losses for the global insurance industry from natural catastrophes and man-made disasters reached $108bn (€83bn)in 2011 according to Swiss Re.
Insurered losses are more that double the figure of $48bn in 2010. Full Story...
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Young women could see 11% rise in car premiums due to gender ruling
A study quantifying the economic impact on European consumers of the EU's gender ruling will hit young women hardest, with an 11% rise in car insurance premiums. Full Story...
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Man jailed after £2.3m insurance fraud attempt
A man who exaggerated his injuries and attempted to claim £2.3m in compensation has been jailed for four months by the Royal Courts of Justice after his deception was uncovered and he was found in contempt of court. Full Story...
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Groupama and its subsidiaries have been placed on negative watch over the possible weakening of its financial profile.
Standard and Poor's added that it expected to issue a further update next week and may lower the french insurers' issuer ratings by up to two notches to BB+ Full Story...
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