Archive for September, 2005

Cyprus Life insurance companies paying out millions

LIFE insurance companies from Cyprus will be paying around £4 million for all the relatives of the victims of Helios Airways flight ZU522, which crashed in Greece on August 14, killing all 121 passengers and crew members on board.
The Life Insurance Company Union in Cyprus has already reported 92 cases where victims were covered for […]

Friday, September 2nd, 2005

Insurance Premiums set to rise

With the devastating effects of Hurricane Katrina, Forbes has announced it expects the Insurance industry will be hit with claims totalling more than $25billion making it the costliest storm in US history.
With such an enormous cost to the Insurance industry, customers can expect these costs to be passed on with an increase in premiums.

Friday, September 2nd, 2005

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