CHUBB CORPORATION has published its accounts for the first quarter, reflecting a net profit of $ 506 million (382 million), almost the same level a year earlier, when he won 509 million (385 million euros).
Total net premiums increased by 3% to 2,900 million (2,194 million), driven by growth in 5% of the activity in the United States offset a drop of 1% of foreign business.
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The Mexican Association of Insurance Institutions (AMIS) ensured that policyholders who have a disability pension, retirement, unemployment or old age paid out of retirement credit extended by financial institutions, as recently proposed by the Commission of Social Security Chamber of Deputies.
The opinion proposes that funding for retirees are delivered for a period of 60 months and paid discount not exceeding 30% and causing the value of the pension is reduced to less than the guaranteed amount established by the law, as it echoes ‘The Economist’. “It’s definitely something favorable if the use of an annuity is the annuitant, of course we can deduct the share of the payment,” said Recaredo Arias Jimenez, CEO of AMIS.
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Within its program for discussion of major current issues led to the world of law and Insurance, MUTUALIDAD OF LAW has organized its Seventh Day Financial, with the mutual assistance and other economic and political representatives, have addressed this issue possible fiscal measures applicable to Mutual Societies professionals are alternatives to public social security system and also perform complementary social security for its members.
Mutuality has performed in the event a study which involved the firm’s attorneys Cuatrecasas, Gonçalves Pereira, Maria Asuncion Bauza April and Jose Manuel Ortiz de Juan, and in which they develop a total of 17 legislative proposals, all substantiated , which will reach the various parliamentary groups for future implementation.
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The presence of insurance companies in the mainstream media has increased during 2011, with ad spending has grown by 24% over the previous year, reaching 202 million euros, according to ICEA advanced yesterday.
“This growth-details-association is given not only by increased investment in advertising agencies already in the media in previous periods, but also by the emergence of new advertisers, such as new brands comparators insurers or insurance that are positioned between sector companies that invest more in advertising. ”
Following the pattern of previous years, ad spending in traditional media has a very pronounced concentration because approximately 69% of advertising aimed at -139.6 million euros, has been done by 10 investing entities.
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As usual, Forbes magazine has released its list of the world’s largest companies, a classification which includes the 2,000 largest companies by turnover, profits, assets and market value.
In the insurance sector within the first hundred positions highlights the conglomerate American B erkshire Hathaway (in 8 th place), AIG (38 º), ING GROUP (39 º); AXA GROUP (45 °) ALLIANZ (50 °) METLIFE ( 55 º); CHINA LIFE INSURANCE (65 °) ZURICH (97 °) and PING AN INSURANCE gruop (100 °). Meanwhile, the Spanish MAPFRE number 357 is positioned in the list (353 ° in the previous edition of the ranking). The Spanish group is ranked 346 in sales volume, the 502 in benefits, in terms acticos 339, and 886 in market value (estimated at 10,400 million / 13.635 million euros).
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Pedestrian, cyclist, motorcyclist, passenger car or driver of a victim of a traffic accident: what are the modalities of compensation and the steps to take to obtain redress?
Badinter Law of 5 July 1985 introduced a specific right to compensation of traffic accident involving an in land motor vehicle.
All accidents (including fire or explosion occurring in places where the presence of vehicles is expected) which is involved in a land motor vehicle (car, motorcycle, scooter or other two-wheelers, buses, tractors …) , whether or not in motion, is considered a road accident.
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Since his arrival on the market, the quad is a huge success. This all-terrain vehicle with four wheels is used for recreational activities and sports but also for business purposes. It is, indeed, more and more present on the farm to do some work, like spray in the vines or the transport of animal feed. Whatever its use, this machine is subject to compulsory insurance of motor land vehicles and the driver and his passenger must wear helmets.
The ATV is a motor vehicle off-road, which reflects both the automotive and motorcycle.It has four wheels with wide tires and is equipped with a handlebar with controls, a saddle of the type fitted to motorcycles and large footrest. It falls under the category of quadricycles.
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Although the Caisse Centrale de Reassurance (CCR) acknowledges that 2011 has been marked by major disasters around the world, if stability has been achieved, with a turnover of 1,385 million euros, 1.2% more than the previous year and net profit which reached 119.4 million euros, up 7.8%.
This is due, CCR explains itself , that the claims by big disasters in France has been less than in 2010 and its “financial strength”, “thanks to the diversification of its portfolio of reinsurance and its prudent financial management.”
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With the assistance of a hundred representatives of insurance companies and collective mediation yesterday was held in Madrid, the ceremony of the first Awards Employment Insurance Sector, promoted and sponsored by IMAF segurempleo portal . com. The event opened with remarks by the Secretary of the jury and host of the gala, Jorge Campos, which explained that “Security vendors are magnificent, but we can not sell well our industry and this is a pending work we do. Be able to pass that we are a sector that offers opportunities, including the group of over 50 years. ”
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Compensation for damages in case of theft, fire, water damage, a car accident … is evaluated, either by agreement between the insurer and the insured or by an insurance expert .
The expert’s role is crucial in settling claims.
The expert shall prepare the survey report: