Exploring the Benefits of Car Wheel Insurance in the United States

Car wheel insurance provides crucial protection against costly damages, offering peace of mind to vehicle owners in the United States The Importance of Car Wheels:Car wheels are an essential component of a vehicle’s safety and performance. They are subjected to various risks, including potholes, curb damage, and accidents. Repairing or replacing damaged wheels can be […]

Pet insurance has gained significant popularity in the United States, offering financial security and peace of mind to pet owners.

Increasing Pet Ownership: The United States has seen a steady rise in pet ownership, with over 67% of households owning a pet. This growing affection for pets has led to an increased demand for comprehensive healthcare, including pet insurance. Rising Veterinary Costs: Over the years, veterinary costs have skyrocketed due to advances in medical technology […]

Polish bank PKO is to buy AIG’s local actives

The second-largest Polish bank PKO BP, possessed by the state, negotiates for purchase of local branch of American insurer American International Group Inc. PKO management battles to the basic competitor in the Polish bank sector – Pekao, which is supervised by Italian financial group UniCredit. Concerning the purchase of actives AIG, PKO is not going […]

The more we build, the more we insure

During last five years the market of building risks insurance develops dynamically. In 2005 almost 80 % of building operations were insured, thus the cumulative insurance premium on construction risks insurance has made 5,3 billion rubles. For comparison, in 2000 the share of insured risks made only 30 %. In 2006 the market has grown […]

Latvian insurance market has increased by 13 %

According to the Latvian Insurers Association within ten months Latvian insurance companies’ premiums have increased by 13%(Ls35,2 million ) in comparison with the similar period of the last year. In general from January till October insurers have signed premiums for the sum Ls304,6 million. The sum of paid during this period premiums has grown much […]

Insurance giant AIG sells the division because of debts

German reinsurer Munich Re will buy HSB Group, belonging to the American International Group, for $742 in order to expand presence in the USA. Company Hartford Steam Boiler Inspection and Insurance which, provides a covering of a wide spectrum of risks, is HSB’s basic active. In 2007 after payment of taxes HSB’s profit has made […]

VIG: our activity in Czech Republic is effective

Affiliated company Vienna Insurance Group (VIG) in Czech Republic – reinsurance company VIG Re – has gained more than 280 million euro from the beginning of the activity (September, 2008). Company’s management expected, that only after three years of work the award of the reinsurer will reach 300 million euro. The group has also noticed […]

EU enters obligatory sea courts insurance

On October, 9th,  in Luxembourg Ministers of transport of 27 countries-members of the European Union have reached the agreement, according to which, reaching the seaports in territory of this regional organization captains of all without exception of courts will be obliged to show the ship insurance. In case of insurance certificate absence, the port administration […]

Crisis has struck on insurance giant AIG

Morris Grinberg, who has almost for 40 years supervised insurance company AIG, approves, that the company is “in crisis”, and insists on canceling of shareholders’ annual assembly. He stated this requirement in the letter to board of AIG directors, which copy is directed to the US Commission under securities and stock exchanges. Grinberg has emphasized […]

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