ING Groep N.V. (ADR) (NYSE:ING) percentage change surged 0.96%, to close at $8.39 and its overall traded volume was 2.69M shares in the last trading session. ING opened at $8.24 and is trading within the range of $8.13-$8.44. The stock has a 52 week range of $7.69 – $13.41. At current market price, the market capitalization of the company stands at $31.75B and it has 3.78B outstanding shares.
ING Groep N.V. (ING) is a global financial institution offering banking, investments, life insurance and retirement services to meet the needs of the customers. It operates in six business segments: Retail Banking, ING Direct, Commercial banking, Insurance Europe, Insurance Americas and Insurance Asia/Pacific. In November 2009, the Company completed the sale of annuity and mortgage businesses in Chile to Corp Group Vida Chile, S.A., and it completed the sale of its life insurance and wealth management venture to ANZ. In January 2010, the Company completed the sale
Source:
bHome Insurance/b; Flood Damage | Social Marketing Tips
With Britain experiencing what is reported to be the wettest summer in 200 years, just how is this affecting us as a country both financially and on a personal level?
Of course the odd day of rain is nothing and can be expected during a typical British summer. We face it with the typical stoic attitude that people have come to expect of us as a nation. However when a daily barrage is received for weeks on end this carefully built façade begins to crumble and indeed collapse. This unfortunately is just the beginning because we face something much, much worse; flooding.
It can be said that with the exception of some areas where effective flood defences have been in place for many years, we as a country are completely ill prepared for this type of extreme meteorological condition. Indeed we experience much the same problem when faced with a snow shower or two. The roads close, the airports shut and the country grinds to a halt.
With the onslaught of heavy rain showers, the rivers have swollen, the drain system, overloaded by a level of water it was never designed for, has failed us and in many area’s houses have been flooded causing untold amounts of damage. From the information I have been able to peruse I have gathered some worrying facts; in just one day, one large home insurance company reported 8,600 claims relating to flood damage to property and contents. Worse still; the average claim ranged between £15-20,000, taking the smaller of the two amounts and multiplying it by the number of claims gives us a figure of £129m and that it just an example of one company in one day.
Regardless of whether you have experienced any flooding or not I would strongly advise all who read this article to check their policy documents to ensure damage caused by flooding is covered. If you are unlucky enough to have no insurance policy in place I recommend you seriously think about setting it up. It is said you can’t put a price on peace of mind and that saying is certainly true in this context.
