Global insurance premiums are projected to reach $4.8 trillion by 2010 banking upon the economic growth in emerging economies. A key focus for most insurance majors around the world are China and India, the two fastest growing economies, along with other emerging economies in Asia, Latin America, and Eastern Europe.

San Jose, CA (PRWEB) March 25, 2008 -- The global Insurance Industry has registered a healthy growth over the last two years and this trend is further expected to continue. The global premium income for life insurance reached an estimated $2.4 trillion in 2007. The US accounted for a major share of over 29.5% of the total premium income reported worldwide in 2007. Risk management is emerging as the core enterprise-wide strategy of the insurance industry, calling for efficient capital allocation and risk integration.

Opening statements in Denton County arson trial begin

Prosecutors said a former Little Elm woman was pregnant with another man's child when she set a fire that killed her disabled husband so she could collect more than $1 million in insurance money.

"She started three fires in his bedroom to kill him for his money," Denton County Assistant District Attorney Cary Piel told the jury in the trial of Rhonda Orr, who is accused of first-degree felony arson in the May 14, 2003, death of James Orr.

Mr. Piel made his opening remarks Tuesday before Denton County District Court Judge Bruce McFarling.

Mr. Piel said Ms. Orr, 34, stood to receive a total of $1.1 million in life and homeowner insurance policies after the death of her husband. "That was too much for her to let go of, so she killed him," Mr. Piel said.

Mr. Orr, who used a wheelchair because of a childhood injury, was 32 at the time of his death.

26.03.2008 - DJ DGAP-Adhoc: Erste Bank der oesterreichischen Sparkassen AG: Erste Bank sells insurance operations for ...

Release of an Ad hoc announcement, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. =-------------------------------------------------------------------------- <pre> Ad-hoc information Vienna, 26 March 2008 </pre> Erste Bank sells insurance operations for EUR 1,445m and signs 15 year distribution agreement with Vienna Insurance Group · Erste Bank to sell s Versicherung and its CEE insurance subsidiaries as well as the insurance subsidiaries of BCR to Vienna Insurance Group (VIG). Erste Bank or its respective CEE banking subsidiaries will retain a 5% share in each of the local life insurance companies · Both companies will sign a 15 year distribution agreement. Erste Bank and VIG will become preferred partners and will mutually distribute their products to their more than 20 million customers in a region of 120 million people.