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Guests face four-figure bills for stag and hen dos

- - • But many invitees swerve celebrations – four fifths of the time due to costs - • adults have been to six stag / hen dos on average in the last 10 years - • 50% don't take out travel insurance when going abroad - • Men tend to spend more than women on their pre-wedding parties - - - Stag or hen invitees may need to dig deep as Aviva reveals the average cost as up to £1,208 per person, if they wish to join the party. According to research from the insurer, stag and hen party guests ar...

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Fluent™ Data Utilized in a New Report From the American Dental Association's Health Policy Institute

Fluent (formerly known as P&R Dental Strategies), the premier dental insights company delivering customized, actionable business intelligence to support a variety of dental stakeholder objectives, today announced that data from Fluent was utilized in a new report from the American Dental Association's Health Policy Institute (HPI), “The Evolving Dental Practice Model.” - - The report, released by HPI's Chief Economist Marko Vujicic, is a comprehensive look at practice modalities and how the...

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Hurricane Season in Puerto Rico and Resources to Protect Properties and Building Occupants

Hurricane season in the Caribbean and Atlantic has begun and runs from June 1st to November 30th. For residents of Puerto Rico and the surrounding region, hurricanes and tropical storms are a part of living in the area, even though these powerful storms have caused hundreds of billions of dollars in property damage in recent years. For the 2023 hurricane season, scientists at Colorado State University have predicted 15 named storms, including 7 hurricanes. Three of the hurricanes are f...

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More than 1 in 10 over 55s have mortgage debt in the run up to retirement

According to the latest study from Aviva, two thirds (67%) of Brits admit to having debt that's weighing them down.� Almost one in ten (9%), or the equivalent of just over 5 million adults in the UK1, 'haven't got a clue' how much they owe in outstanding debts and worryingly this figure rises to more than one in six (16%) of those aged 45 and over. Overall, one in 7 (15%) feel their debt is out of control or they have no way of paying it off - this figure rises to 18% of over those aged...

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Aviva appoints James Hillman as Chief Risk Officer*

Aviva plc has appointed James Hillman as Chief Risk Officer*. He will join the company later this year. James is currently Chief Financial Officer of Scottish Widows, and Finance Director of Lloyds Banking Group's Insurance, Pensions and Investments Division. James has enjoyed a highly successful career in financial services, with over 20 years' experience working in regulated roles. Prior to his current role, James was Chief Actuary at Scottish Widows' Life and General Insurance busine...

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Next wave of life expectancy gains is on the horizon, says Swiss Re report

- - • Improvements in life expectancy have slowed over the last decade after a steep increase in the late twentieth century - • Longevity gains over the next 20 years likely to come from further medical breakthroughs, especially for cancer and ageing-related conditions such as Alzheimer's disease - • Life expectancy growth in advanced markets under threat from obesity and unequal access to health services, with violent crime and the opioid crisis in the US weighing on longevity - • Longevity...

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Rocket Mortgage Addresses Affordability Challenges with New 1% Down Home Loan Program

Rocket Mortgage, the nation's largest retail home lender and part of Rocket Companies (NYSE: RKT), introduced ONE+, a new 1% down home loan program that will dramatically increase access to homeownership for millions of low-to-moderate-income earning Americans. With ONE+, a homebuyer is only required to make a down payment of 1% of the purchase price and Rocket Mortgage will cover the remaining 2% needed to reach the required threshold for conventional loans. In addition to reducing up...

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CAPE Analytics and IBHS Collaborate to Offer Wildfire Prepared Home Designation within the CAPE Wildfire Intelligence Suite

Today, CAPE Analytics, the leading AI-powered property intelligence platform, and the Insurance Institute for Business & Home Safety (IBHS) are announcing a collaboration to offer IBHS Wildfire Prepared Home™ designation status to insurance carriers who are also current IBHS members directly through the CAPE Analytics Wildfire Intelligence API. Now, insurance carriers seeking to mitigate the risks of wildfire and comply with recent California Department of Insurance regulations can a...

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Xpeng Joins Forces with Top Insurers, Advocates for Smart Vehicle Insurance Support

XPENG (NYSE: XPEV and HKEX: 9868), a leading Chinese smart EV company, has announced strategic partnerships with eight top insurance companies in China, including PICC Property and Casualty Co Ltd, Ping An Property & Casualty Insurance Co of China Ltd, and China Pacific Property Insurance Co Ltd. This collaboration aims to introduce a smart insurance service program and related products, providing enhanced insurance coverage for car owners. The partnerships with leading insurers enable XP...

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CAPE Analytics Extends its Relationship with The Hanover Insurance - Group to Integrate Geospatial Analytics

Today, CAPE Analytics, the leader in AI-powered geospatial property intelligence, announced it has expanded its relationship with The Hanover Insurance Group to integrate geospatial analytics earlier in the underwriting process to augment inspection and rating models. - As part of its relationship with The Hanover, CAPE has helped improve workflows and outcomes for new and renewal underwriting, and enhanced pricing segmentation. With each subsequent implementation, The Hanover has prov...

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Barclays appoints Foruhar Madjlessi as Co-Head of Equity Capital Markets for EMEA

Barclays Investment Bank announces the appointment of Foruhar Madjlessi as Co-Head of Equity Capital Markets for Europe, Middle East and Africa (EMEA), to work alongside Lawrence Jamieson. Mr Madjlessi joins Barclays from Instone Real Estate Group, where he was Chief Financial Officer for the past five years.� Prior to Instone, he spent 12 years at Deutsche Bank where he was Head of ECM for Germany, Switzerland and Austria.� He started his banking career at UBS and Merrill Lynch where he...

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Aviva pays £374 million in Group Protection claims during 2022

- - • Growing numbers of employees access early intervention support - • Aviva to launch its first Group Protection claims report - • More than £1 million paid every day to employees and their families through Group Protection policies - • 82% of employees helped by Aviva's rehabilitation service remained in or made a successful return to work� - - - Aviva paid £373,949,994 in Group Protection claims to 7,273 employees and their dependants in 2022 and has announced that it will be launching...

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Make sure your Eurovision celebrations don't go boom bang-a-bang

Aviva reveals music-related home insurance claims. With Eurovision just days away, Aviva is urging fans of the contest to make sure their celebrations hit the right note. According to new research from the insurer, two out of five UK residents1� plan to watch the contest, with most viewing the show in their own home or at a friend's house this weekend. But Aviva advises it has seen scores of musical incidents wreaking havoc in recent years,2� with Eurovision directly cited on a numb...

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It's Finally Here! – Toyota Auto Insurance Comes to California

Toyota Auto Insurance, the automaker's branded insurance product, is now available to customers residing in California. Introduced to select markets in 2021, Toyota Auto Insurance offers customers quality, customizable coverage at affordable rates. Expanding into the Golden State represents a major milestone for Toyota Auto Insurance. Not only is California the nation's most populous state, it's also home to the first Toyota manufacturing facility in North America, Toyota Auto Body Califor...

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Aviva returns £128m in total to UK private medical insurance customers with a final COVID-19 Pledge payment

Aviva has announced that it will pay a further £47 million to eligible private medical insurance customers as it completes its COVID-19 Pledge to customers.� Together with £81 million that was returned to customers in 2022, the final payment will mean Aviva has paid out more than £128 million in total for private medical insurance claims disruption during the pandemic. The figure represents Aviva's final assessment of the difference between expected claims costs and actual claims costs...

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