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Dutch bank, ING, is selling its Taiwanese life insurance business to Fubon Financial Holdings, for around €447 million (£344 million).
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Analysts at Ernst & Young believe the UK has already hit recession, and that the economy is likely to go further downhill before it improves.
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Prudential has confirmed that it is considering buying the Asian business of American International Group (AIG), the beleaguered US insurance giant.<
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Peter Knowles, former market director at the CII set up LetSense
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Lloyd's insurer says estimate is "broadly consistent with its year to date budget for catastrophe claims".
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Richard Ward says exposures are "in line with expectations".
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Richard O’Keeffe joins as property broker.
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Car insurance premiums on the rise, says AA survey.
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