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financial news publisher Fairinvestment.co.uk recently reported that approximately 10% of UK holiday home owners did not have an unoccupied home insurance policy in place for their secondary properties. Citing research conducted by a prominent UK insurer, the report revealed that up to 160,000 unoccupied properties are also underinsured, placing their owners at risk financially. Unoccupied [...]
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NGO turns 11,000 poor families in Sorsogon into entrepreneurs
Posted by gary on February 5th, 2010
SORSOGON CITY, Nov. 18 (PNA) ? As part of its commitment towards poverty alleviation, a non-government organization serving as a microfinance institution (MFI) based here has so far produced 11,000 small and medium scale entrepreneurs (SMEs) from the poorest of the poor families across Sorsogon. From practically nothing in life, these families are now engaged [...]
Fitch Finds P&C Sector May See Deficient Reserves
Posted by gary on November 6th, 2009
The property and loss of market, partly because of losses from asbestos, has an increased risk of moving toward a position of insufficient reserves for the future, according to Fitch Ratings. However, in its report on the adequacy of reserves, the New York-based firm said that even the possibility of a deficit looms, reserves to [...]
