MSIG has promised to review its "travel inconvenience" sections after being criticised for not covering passengers delayed by widespread haze from Indonesia last year.
Several customers have complained to Singapore's national newspaper the Straits Times that some insurers including MSIG don't consider the haze to be a "natural pheneomenon" hence they were not covered...
AIG is to cover legal challenges in the event of permanent residency applications being rejected pre Brexit, and the challenges to repatriation orders post Brexit, and part of its Directors' and Officers' policy.
Lloyds Banking Group this morning reported that its general insurance business saw a 12.5% drop in general insurance ‘underlying profit’ for the first half of 2016 after reporting £168m in income (H1 2015: £192m).
The Insurance Act is coming into force in two weeks and it will have a significant impact on reinsurers. Here is what they should watch out for in particular.
Steve Treloar, the newly appointed managing director of LV's general insurance business, has been in his job for less than three months, but has already met 3000 staff.