close

policy

We would like to invite you to continue a survey you have started. ...

Do you trust your insurer ?

Strongly agree
Agree
Disagree
Strongly disagree
Insurance provides peace of mind
Insurance is purchased only when compulsory
Terms and Conditions (small print) are clear and easily accessible
Insurance jargon (language) stands in the way of fully understanding each policy
Insurance companies try their best to uphold the details of the policy without cutting corners
Reducing risk, cutting costs and profits are more important to an insurance company than the customer
Insurance companies in the region are as professional as in other more developed markets
Gender
Age group
Do you feel your insurance provider works in your interest?
Have you had a rejected claim that you feel was not justified?
Do you trust your insurance provider?
Our Network

Register for our free newsletter

 
 
Latest News

Business of… the world’s biggest bankruptcies

Business of… the world’s biggest bankruptcies

The first ever bankruptcy of a UAE developer is underway with a deadline for claims of Friday. Kipp was inspired to look at some of the planet’s biggest insolvencies.

0

January 5, 2011 2:24 by



If you want to pinpoint the moment we were plunged an abyss of global financial doom you won’t find anything quite like the day when Lehman Brothers filed for bankruptcy protection in September 2008. The fourth largest investment bank had suffered gravely from its billon dollar losses in the US mortgage market; the Guardian says that during the 18 months before the collapse the bank had lost $14 billion after being forced to take write-downs on the value of their property-related investments.

The bank, which was founded in 1850 by three brothers, filed for Chapter 11 bankruptcy protection—under which they were allowed time to devise a plan to repay creditors. The shock value of the Lehman brothers’ collapse was compounded by the news that the Bank of America had agreed to buy investment bank Merrill Lynch for $50 billion just 24 hours after the announcement of the Lehman Brothers bankruptcy.



Pages: 1 2 3 4 5 6

0

Tags: , , , , , , , , , , , , , , , , , ,

Leave a Comment