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	<description>Daily Insurance Industry News</description>
	<lastBuildDate>Wed, 16 May 2012 13:07:48 +0000</lastBuildDate>
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		<title>Swiss Re bolsters Latin American team</title>
		<link>http://www.insurancedaily.co.uk/2012/05/16/swiss-re-bolsters-latin-american-team/</link>
		<comments>http://www.insurancedaily.co.uk/2012/05/16/swiss-re-bolsters-latin-american-team/#comments</comments>
		<pubDate>Wed, 16 May 2012 13:07:48 +0000</pubDate>
		<dc:creator>Richard Kilner</dc:creator>
				<category><![CDATA[Employment News]]></category>
		<category><![CDATA[Insurance News]]></category>
		<category><![CDATA[Swiss Re]]></category>

		<guid isPermaLink="false">http://www.insurancedaily.co.uk/?p=17850</guid>
		<description><![CDATA[Swiss Re has appointed Margo Black as the firm&#8217;s new head of Reinsurance for Latin America South and president of Swiss Re Brasil Resseguros, S.A, with effect from July. Black is to be based in Brazil and prior to her appointment worked for Willis as head of Brazil reinsurance. In her new role she will [...]]]></description>
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		<title>BIBA orders strategic review</title>
		<link>http://www.insurancedaily.co.uk/2012/05/16/biba-orders-strategic-review/</link>
		<comments>http://www.insurancedaily.co.uk/2012/05/16/biba-orders-strategic-review/#comments</comments>
		<pubDate>Wed, 16 May 2012 11:50:34 +0000</pubDate>
		<dc:creator>Gill Montia</dc:creator>
				<category><![CDATA[BIBA News]]></category>
		<category><![CDATA[Employment News]]></category>
		<category><![CDATA[Insurance News]]></category>
		<category><![CDATA[Financial Services Compensation Scheme]]></category>
		<category><![CDATA[strategic review]]></category>

		<guid isPermaLink="false">http://www.insurancedaily.co.uk/?p=17842</guid>
		<description><![CDATA[The British Insurance Brokers’ Association (BIBA) has appointed Deliottes to conduct a strategic review of the trade body following its merger with the Institute of Insurance Brokers (IIB) in November of last year. Opening the BIBA 2012 conference today, chief executive, Eric Galbraith, also warned brokers about political pressure in Europe for mandatory disclosure and [...]]]></description>
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		<title>LV= adds break clause to fixed-term annuity</title>
		<link>http://www.insurancedaily.co.uk/2012/05/16/lv-adds-break-clause-to-fixed-term-annuity/</link>
		<comments>http://www.insurancedaily.co.uk/2012/05/16/lv-adds-break-clause-to-fixed-term-annuity/#comments</comments>
		<pubDate>Wed, 16 May 2012 05:16:40 +0000</pubDate>
		<dc:creator>Gill Montia</dc:creator>
				<category><![CDATA[Insurance News]]></category>
		<category><![CDATA[LV= News]]></category>
		<category><![CDATA[annuity]]></category>
		<category><![CDATA[break clause]]></category>

		<guid isPermaLink="false">http://www.insurancedaily.co.uk/?p=17836</guid>
		<description><![CDATA[LV= has added a break clause to its fixed-term annuity, allowing customers to transfer to another pension or annuity product with LV=, or another registered pension scheme, in the event of certain changes in circumstance. These include becoming eligible for flexible drawdown, the diagnosis of a medical condition which qualifies for an enhanced annuity, marriage, [...]]]></description>
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		<title>Groupama achieves new deal with Sky Insurance</title>
		<link>http://www.insurancedaily.co.uk/2012/05/15/groupama-achieves-new-deal-with-sky-insurance/</link>
		<comments>http://www.insurancedaily.co.uk/2012/05/15/groupama-achieves-new-deal-with-sky-insurance/#comments</comments>
		<pubDate>Tue, 15 May 2012 11:57:32 +0000</pubDate>
		<dc:creator>Richard Kilner</dc:creator>
				<category><![CDATA[Car Insurance News]]></category>
		<category><![CDATA[Insurance News]]></category>
		<category><![CDATA[Groupama]]></category>
		<category><![CDATA[Sky Insurance]]></category>

		<guid isPermaLink="false">http://www.insurancedaily.co.uk/?p=17834</guid>
		<description><![CDATA[Groupama Insurances has secured a deal with Sky Insurance Services Group Ltd., the specialist modified, prestige and performance car insurer. Groupama is expected to write £1.5m in the deal&#8217;s first year, with volumes forecast to rise over the course of the next three years. Personal Lines Director for Groupama Insurances Kevin Kiernan said that the [...]]]></description>
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		<title>OIM Underwriting launches e-Underwriting division</title>
		<link>http://www.insurancedaily.co.uk/2012/05/15/oim-underwriting-launches-e-underwriting-division/</link>
		<comments>http://www.insurancedaily.co.uk/2012/05/15/oim-underwriting-launches-e-underwriting-division/#comments</comments>
		<pubDate>Tue, 15 May 2012 11:42:31 +0000</pubDate>
		<dc:creator>Richard Kilner</dc:creator>
				<category><![CDATA[Insurance News]]></category>
		<category><![CDATA[Arthur J Gallagher]]></category>
		<category><![CDATA[e-Underwriting]]></category>
		<category><![CDATA[OIM Underwriting]]></category>

		<guid isPermaLink="false">http://www.insurancedaily.co.uk/?p=17832</guid>
		<description><![CDATA[OIM Underwriting Limited, part of the UK and international operations of Arthur J. Gallagher, has announced the creation of a new e-Underwriting division. An auto-rating model is used by e-Underwriting, which provides point of sale quotations for a range of risks, both standard and non-standard. Brokers will therefore benefit from lower costs, and the model [...]]]></description>
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		<title>Business vehicles targeted by metal thieves</title>
		<link>http://www.insurancedaily.co.uk/2012/05/15/business-vehicles-targeted-by-metal-thieves/</link>
		<comments>http://www.insurancedaily.co.uk/2012/05/15/business-vehicles-targeted-by-metal-thieves/#comments</comments>
		<pubDate>Tue, 15 May 2012 11:32:16 +0000</pubDate>
		<dc:creator>Richard Kilner</dc:creator>
				<category><![CDATA[Business Insurance News]]></category>
		<category><![CDATA[Car Insurance News]]></category>
		<category><![CDATA[Insurance News]]></category>
		<category><![CDATA[Bluefin]]></category>
		<category><![CDATA[crime]]></category>
		<category><![CDATA[scrap metal]]></category>

		<guid isPermaLink="false">http://www.insurancedaily.co.uk/?p=17830</guid>
		<description><![CDATA[Bluefin, the national insurance broker, has urged businesses to take measures to help prevent the theft of catalytic converters from fleet vehicles. Over a five month period the number of such crimes, which involve removing the catalytic converter to sell as scrap metal, has more than doubled from 1,100 to 2,300. The surge in crime [...]]]></description>
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		<title>Cat bond issuance achieves new record</title>
		<link>http://www.insurancedaily.co.uk/2012/05/15/cat-bond-issuance-achieves-new-record/</link>
		<comments>http://www.insurancedaily.co.uk/2012/05/15/cat-bond-issuance-achieves-new-record/#comments</comments>
		<pubDate>Tue, 15 May 2012 08:10:41 +0000</pubDate>
		<dc:creator>Gill Montia</dc:creator>
				<category><![CDATA[Financials]]></category>
		<category><![CDATA[Insurance News]]></category>
		<category><![CDATA[Marsh News]]></category>
		<category><![CDATA[catastrophe bond]]></category>
		<category><![CDATA[first quarter 2012]]></category>
		<category><![CDATA[insurance-linked securities]]></category>

		<guid isPermaLink="false">http://www.insurancedaily.co.uk/?p=17826</guid>
		<description><![CDATA[The first quarter of 2012 was the most active first quarter on record for the global catastrophe bond market, according to GC Securities, part of the Marsh &#038; McLennan group. During the period, $1.34 billion of risk capital was issued through eight transactions, exceeding last year’s record of $1.02 billion for Q1. GC Securities also [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Ageas increases income and profit</title>
		<link>http://www.insurancedaily.co.uk/2012/05/15/ageas-trong-increases-in-income-and-profit/</link>
		<comments>http://www.insurancedaily.co.uk/2012/05/15/ageas-trong-increases-in-income-and-profit/#comments</comments>
		<pubDate>Tue, 15 May 2012 06:28:02 +0000</pubDate>
		<dc:creator>Gill Montia</dc:creator>
				<category><![CDATA[Ageas News]]></category>
		<category><![CDATA[Financials]]></category>
		<category><![CDATA[Insurance News]]></category>
		<category><![CDATA[Ageas]]></category>
		<category><![CDATA[first quarter 2012]]></category>
		<category><![CDATA[profit]]></category>

		<guid isPermaLink="false">http://www.insurancedaily.co.uk/?p=17819</guid>
		<description><![CDATA[Ageas achieved an 11.1% year-on-year rise in total income in the first quarter of 2012, with gross written premiums (GWP) increasing to £513.3 million. Non-Life GWP rose by 10.8%, to £445.5 million, and protection GWP increased 71.2%, to £15 million. For the first three months of the year, profit before tax stood at £22 million [...]]]></description>
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		<title>Long-term sickness rates alarm manufacturers</title>
		<link>http://www.insurancedaily.co.uk/2012/05/14/long-term-sickness-sickness-rates-alarm-manufacturers/</link>
		<comments>http://www.insurancedaily.co.uk/2012/05/14/long-term-sickness-sickness-rates-alarm-manufacturers/#comments</comments>
		<pubDate>Mon, 14 May 2012 06:28:23 +0000</pubDate>
		<dc:creator>Gill Montia</dc:creator>
				<category><![CDATA[Business Insurance News]]></category>
		<category><![CDATA[Health Insurance News]]></category>
		<category><![CDATA[Insurance News]]></category>
		<category><![CDATA[depression]]></category>
		<category><![CDATA[EEF]]></category>
		<category><![CDATA[presenteeism]]></category>
		<category><![CDATA[research]]></category>
		<category><![CDATA[sickness absence]]></category>
		<category><![CDATA[stress]]></category>

		<guid isPermaLink="false">http://www.insurancedaily.co.uk/?p=17811</guid>
		<description><![CDATA[New research from the UK manufacturers&#8217; organisation, EEF, indicates that the downward trend in sickness absence rates in the sector has plateaued. According to the latest EEF/Westfield Health report, the overall rate among manufacturers&#8217; employees remained unchanged in 2011 compared with 2010, at 2.2%, and the average number of working days lost to absence held [...]]]></description>
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		<title>FSA fines and bans Scottish broker</title>
		<link>http://www.insurancedaily.co.uk/2012/05/14/fsa-fines-and-bans-scottish-broker/</link>
		<comments>http://www.insurancedaily.co.uk/2012/05/14/fsa-fines-and-bans-scottish-broker/#comments</comments>
		<pubDate>Mon, 14 May 2012 05:32:42 +0000</pubDate>
		<dc:creator>Gill Montia</dc:creator>
				<category><![CDATA[Companies News]]></category>
		<category><![CDATA[Financial Services Authority News]]></category>
		<category><![CDATA[Insurance News]]></category>
		<category><![CDATA[Donald Morgan Insurance Services]]></category>
		<category><![CDATA[insurance fraud]]></category>
		<category><![CDATA[Network A]]></category>

		<guid isPermaLink="false">http://www.insurancedaily.co.uk/?p=17805</guid>
		<description><![CDATA[The Financial Services Authority (FSA) has fined Donald McKee Morgan, a partner in the firm of Donald Morgan Insurance Services (DMIS), £335,204 for insurance fraud. Mr Morgan, whose business was based in Ayrshire, Scotland, has also been banned from carrying out any regulated financial services activity in the future, as has his wife and sole [...]]]></description>
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