Posts Tagged ‘insurance company’

Car Insurance Premiums

Car Insurance PremiumsThe cost of car insurance premiums varies significantly from one another vehicle and from person to person. In fact, many factors that can affect the premium you pay for car insurance.

Thus, the risks associated with the accident affect your insurance premiums significantly. The higher the risk, the more you must pay for insurance.

Factor:

1. Age: Statistics show that youth are at greater risk of facing an accident comp

2. Gender: Women are supposed to make fewer claims than men and are considered safe drivers.

3. Driving History: Generally, people with clean driving records attract a lower premium for car insurance.

4. Driver Geography: your home address also makes a difference in car insurance premiums. People who live in areas with less traffic is expected to spend less on car insurance, compared with people living in urban areas that have large traffic. Premiums for auto insurance vary from zip code to zip code, depending on the level of vehicle theft in the local area. If you live in high-risk area, your insurance premiums are expected to be higher.

5. Car Type: Luxury and powerful are usually expensive and possibly stolen. Therefore, it can cost more to make sure. Conversely, cheap cars will be reduced costs for sure. Read the rest of this entry »

The AIG Taiwan Lost of Unit Sales

The United States rescued insurer American International Group (AIG) is facing the possibility of finding another buyer for its unit in Taiwan after regulators ruled its turnover by 2.2 billion Nan Shan Life to a Chinese company.

The Taiwanese Ministry of Economic Affairs said that AIG plans to sell Nan Shan battery manufacturer in China and strategic investment company in Hong Kong Primus have not complied with regulations in Taipei on investment continent.

In its decision, also said that buyers do not meet the criteria for experience in the insurance industry and the ability to raise funds, but buyers have 30 days to appeal, but noted that these appeals had previously failed.

AIG needs to sell its assets to pay the U.S. government rescue, agreed to sell Nan Shan in October, but believing in Taiwan over China strategic ties with the political enemy of China, and the concern that there was the experience to run an insurance company, has delayed the agreement.

The rejection of the plan for AIG Nan Shan is the second collapse of an agreement expected in Asia in four months.

AIG has lost a sale in May of 35.5 billion dollars from the Asian unit of American International Assurance (AIA). He faces the choice of finding another buyer who could provide a national award for Nan Shan, or could hold on to it until you find other ways to pay the ransom money.

AIG was not immediately available for comment. Strategic China was not available for comment. Its shares were suspended in HongKong after the announcement.