04 November 2013
Emerging economies often have substantial capital bases but are hit particularly hard by natural disasters because they lack the resources and expertise to protect their assets, according to Munich Re…
28 October 2013
British insurer RSA will partly reverse its offshoring strategy by closing Indian call centres and moving all 350 customer-facing jobs in claims, sales and servicing back to the UK…
28 October 2013
The British Insurance Brokers’ Association has backed a government plan for independent medical panels to assess whiplash injuries…
28 October 2013
Global broker Aon’s net income grew to $US256 million ($267 million) in the third quarter, up 25% on the corresponding period last year…
28 October 2013
Ace Insurance says margin improvement in North America helped deliver a record third-quarter profit and a combined ratio of 86.5% for the nine months to September 30…
28 October 2013
US insurer Chubb has reported third-quarter net profit of $US541 million ($562 million), up 1.5% on the corresponding period last year…
28 October 2013
WR Berkley says third-quarter earnings grew 36% to $US136.97 million ($141.81 million) as revenues increased…
28 October 2013
Governments must act fast to improve disaster resilience, the Geneva Association has warned…
28 October 2013
The global broking industry has received a strong report card from Moody’s Investor Services…
28 October 2013
The UK Financial Ombudsman Service has been forced to hire more staff and increase its fees to cope with a 92% increase in new cases last financial year…
21 October 2013
The number of mergers and acquisitions in emerging markets is steady but the sums involved are rising as insurers look to such regions for expansion, according to a Guy Carpenter research bulletin…
21 October 2013
Insurance-related complaints to the UK Financial Conduct Authority fell 15% in the first half of this year, but still accounted for the largest number of grievances reported to the regulator…
21 October 2013
Europe’s general insurers still face challenges despite an improved economic environment, according to a report from AM Best…
21 October 2013
The US state of Florida will file a brief supporting Mississippi’s court appeal against Federal Government increases in flood insurance rates…
21 October 2013
The management group that bought UK insurer Hastings from IAG for £23.5 million ($39.39 million) has sold half the company to an arm of Goldman Sachs, in a deal that values the business…
21 October 2013
Charles Whiteaway, executive director of specialist marine broker FP Group, has stepped down after 20 years with the company…
14 October 2013
Controversial plans to introduce a risk-based global insurance capital standard will face “significant challenges”, according to the Geneva Association…
14 October 2013
International regulation is at a key stage in its evolution, according to the Global Federation of Insurance Associations…
14 October 2013
UK general insurers feel mildly optimistic after business volumes and premium incomes gained over the northern summer, according to a survey…
14 October 2013
Global natural catastrophes caused economic damage of $US15 billion ($15.89 billion) last month, exposing a lack of insurance, according to Aon Benfield’s latest report…