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Insurance Weekly News January 30, 2012

par News Assurances

In this edition of News Insurances Weekly, we look at Moody's estimate on the insured losses resulting from the Costa Concordia shipwreck off the coast of Italy. The company said it expects losses of up to a billion U.S. dollars (£640 million) from environmental damage, personal injury and life insurance claims. IFED has released some details of their impressive first few weeks in operation. The department arrested three people for selling fake Groupama insurance policies in Manchester. The insurer themselves launched an investigation into the practice, which had been going on for some months. The trio were arrested and released on bail and are currently waiting for their court date. Finally, Marc-Philippe Juilliard speaks to News Insurances about how the UK insurance market performs in relation to the continental European Market. He says the UK market often acts as an 'early indicator' to movements in the continental market. Check back to News Insurances later this week to see the full interview with Mr Juilliard. View all our News Insurances Videos here : newsinsurances.co.uk/blog/category/video/weekly View all of our videos here : newsinsurances.co.uk/toutes-les-videos

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