Latest soundbites from across the Financial Services industry
Germany Not Feeling The Eurozone s Pain
May 17, 2012, 10:05 amGermany was reported to have grown at 0 5 in 2012Q1 much stronger than expected Germany continues to outperform the rest of the eurozone and most of the developed world Indeed with unemployment at the lowest in over 20 years and business and consumer confidence still very high it is easy to see why Germany is still not feeling the rest of the region rsquo s pain The German economy continues to grow strongly boosted by the strength of its exports to emerging economies suc…
Ftse350 Pension Deficits Up By 30bn This Month
May 17, 2012, 10:05 amThe collective pension deficits of Britain rsquo s biggest companies have increased by pound 30 billion since the beginning of May according to Towers Watson Total deficits in FTSE350 companies rsquo pension funds are estimated to have increased from pound 62 billion at the end of April to pound 92 billion by 16 May John Ball head of UK Pensions at Towers Watson said ldquo Although the stock market has taken a dive almost three quarters of the growth in def…
Ons Figures Show Sickness Absence On The Decrease In Uk
May 17, 2012, 10:05 amLegal General have this morning commented on the latest ONS figures showing that 131 million days were lost to sickness absence in the UK last year The report found that bull There has been a fall in working days lost because of absence of around 26 since 1993 when 178 million days were lost bull In 1993 the average number of working days lost per worker was 7 2 days Last year it was 4 5 days bull In 2011 the greatest number o…
Lloyd 039 s Of London Em Expansion Positive But Brings Risk
May 17, 2012, 10:05 amThe Lloyd 39 s insurance market 39 s planned expansion into emerging markets is a net positive even though writing insurance outside of established markets carries additional risks Fitch Ratings says Fitch expects the economic development of emerging market economies to boost demand for insurance and reinsurance Lloyd 39 s already writes 25 of its business outside of Europe and North America with the growth of insurance premiums outpacing that of developed markets…
Can Technology Improve Care And Reduce Costs
May 16, 2012, 10:05 amOver 100 researchers actuaries technologists and NGOs are coming together this afternoon to explore the potential of new technology to improve health and care reduce costs and tackle isolation amongst older people Early findings from the Whole System Demonstrator WSD programme set up by the Department of Health published in December 2011 found that ldquo If delivered properly telehealth can substantially reduce mortality reduce the need for admissions to hospital low…
