08 October 2012
The worldwide insurance industry has been resilient in the face of the global financial crisis and last year’s catastrophes, according to the International Association of Insurance Supervisors…
08 October 2012
Floods have become “one of the costliest perils across the globe”, according to Aon Benfield’s Global Catastrophe Recap for last month…
08 October 2012
Regulators are investigating the UK car insurance market amid concerns it is “not working well for motorists”…
08 October 2012
An investor group led by private equity firm CVC Capital Partners has taken a majority stake in global loss adjuster Cunningham Lindsey…
08 October 2012
US property/casualty insurers’ net income more than tripled to $US16.4 billion ($16 billion) in the first half of this year, as natural catastrophes eased…
08 October 2012
Munich Re has called on China to set up a catastrophe protection body similar to New Zealand’s Earthquake Commission…
08 October 2012
US property and casualty rates rose 5% last month, the same as in August, according to information exchange MarketScout…
08 October 2012
Moody’s Investors Services has backed the financial strength of Munich Re and affirmed an Aa3 rating for the overall group, its US non-life reinsurance subsidiary and its German life subsidiaries…
01 October 2012
Large earthquakes can trigger smaller ones globally for up to a week, according to US research that could prompt changes in catastrophe modelling…
01 October 2012
A European Union sexual discrimination ruling will see premium pricing change in the UK by the end of the year, according to the Association of British Insurers…
01 October 2012
Munich Re is working towards the launch of an insurance-linked securities fund to manage third-party capital due to increasing interest from a wide range of investors…
01 October 2012
Complaints made against UK general insurance intermediaries soared in the first half of this year, Financial Services Authority figures show…
01 October 2012
Zurich-based Ace Group has acquired an 80% interest in Indonesian general insurer PT Asuransi Jaya Proteksi…
01 October 2012
JLT Group has appointed Duncan Howorth as the new CEO of JLT Asia, based in Hong Kong. He replaces Warren Merritt, who has left to “pursue other opportunities”…
01 October 2012
US catastrophe modeller AIR Worldwide has opened an office in Singapore to service the Asian insurance markets, including Australia…
01 October 2012
India’s Insurance Regulatory and Development Authority is tightening the rules for general insurers wanting to tap financial markets…
24 September 2012
The marine insurance market continues to struggle in the face of low premiums, losses and stunted cargo growth, the International Union of Marine Insurance annual conference has been told…
24 September 2012
European Union regulatory Commissioner Michel Barnier says the Solvency II insurance regulation regime may not be introduced by January 2014 as planned…
24 September 2012
Myanmar is to open its insurance sector to foreign investors in the next few years…
24 September 2012
Following months of speculation, UK direct motor and home insurer Direct Line has revealed details of its initial public offering on the London Stock Exchange…