Insurance

A new distribution model in insurance

Interamerican is Greece’s first integrated multichannel insurer

The Greek insurance industry is still facing its own particular set of challenges over the coming months and years including: the valuation of investment portfolios, the development of a second pillar in Social Security, achieving compliance with Solvency...

Dutch insurer gains recognition

Healthcare insurer Menzis is the World Finance Insurance Company of the Year in the Netherlands for 2011, awarded
for their dependable healthcare advocacy

Menzis is the fourth-largest healthcare insurer in the Netherlands, serving 2.1 million insured. The concern operates three different labels: Menzis, Azivo and AnderZorg. All labels offer various healthcare insurance policies with different coverage range...

Guardian Life celebrates rating upgrade

A stronger balance sheet and improved debt-to-equity ratio have earned World Finance’s recognition for the fourth successive year

When you enter the front doors of the head office of Guardian Life of the Caribbean at One Guardian Drive, Westmoorings, on Trinidad’s North West coast, you can be forgiven for forgetting you’re on a sunny Caribbean island. The ocean is just a...

Bancassurance partnership targets Portuguese pole

The Portuguese winner of World Finance’s 2011 Insurance Awards is a case study in bancassurance, providing global solutions to ensure all customer needs are met. In 2010, its performance resulted in a €142m net profit before VOBA, despite Portugal’s economic environment

Insurance and banking have always been partners, but at Millennium bcp Ageas, a joint venture for insurance between the Portuguese bank Millennium bcp and the European and Asian insurer Ageas, this partnership has taken a step further. The insurance holdi...

UNIQA expands, insures new generation

UNIQA Hungary, part of the Austrian financial group,
has strengthened its market position in Hungary

Last year was an exceptional year for UNIQA Insurance Company partly because this was an extraordinary year for the Hungarian market as a whole. On top of the extra taxes imposed on the Hungarian financial sector, insurance companies also had to deal with...

Localisation and evolving products

Fubon Life is marching towards its goal of becoming Asia’s first-class insurance company with a philosophy of “integrity, professionalism, friendliness and innovation”

In June 2009, two elite companies – Fubon Life and ING Life Taiwan – officially merged to become Fubon Life, in one of the most significant M&A projects in the Taiwanese life insurance industry. Before the deal was made official, the managemen...

Regionalised marketing improves acquisition

Broad distribution and focused, customisable products key to success in Indonesia

PT Asuransi Jiwasraya (Persero) has operated in the Indonesian insurance market for 151 years, adapting to the changing needs of its millions of clients through this time, but maintaining the core focus of high customer satisfaction.Of course, many insura...

Viriyah recognised for product range

Over the past six decades Viriyah insurance has provided the Thailand market with integrated non-life insurance services

Thai insurance company Viriyah has come a long way since its inception over 64 years ago. This is especially relevant as Thailand is considered a tough market to crack. Over the past 11 years the Thai insurance market has recorded astonishing growth on ac...

Fund manager increases asset base

Fund managers have more pressure to perform. Consumers want more
attractive benefits while demanding more competitive running costs.
Risk and government regulation is on the rise. Yet Jamaican-based NCB Insurance Company is thriving in a tough environment

It hasn’t been an easy journey, but the Jamaican pensions and insurance industry is slowly finding its feet. Improving financial literacy and a greatly increasing macroeconomic stability also bode well for the future of the Jamaican pensions industry. ...

Trade credit unchanged amid market flux

The more things change, the more things stay the same, writes John Blackwell

The business environment of the past few years suggests that a lot of changes have been needed to continue to prosper. Changes in the way people purchase, changes in the way we gather and share information, and changes in the risk environment all point to...

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Zimbabwe

234.1% of GDP, pariah of debt markets, but with hopes for a healthy twelve months ahead

Japan

197.5%, hard-hit by the tsunami, and reeling from the internal corruption allegations

Greece

142.8%, possibly heading for default, and considered one of many eurozone bad boys

Lebanon

133.8%, deceptively, has a strong banking sector, but little more in an ailing economy

Iceland

126%, hopelessly indebted banks and very little light at the end of a long and gloomy tunnel

Italy

119% of GDP, in need of reform, paying over 7% for its debt thanks to technocratic leadership

Singapore

106%, to many an idyllic investment destination, a great borrower, repayer, and long term option

Belgium

101%, no government for most of 2011 didn’t help a weak economy in dire need of stimulus

Egypt

90%, high but it’s recovering from a long and protracted revolution and aiming high

European Union

82%, stronger countries like Germany are contaminated by the weakest. It could go on…