International
23 July 2012
Insurance industry leaders have significant concerns about the effects of inappropriate regulation and are planning to grow in Asia, according to the latest survey conducted by global insurance industry…
23 July 2012
Former Lloyd’s Chairman Lord Levene has joined Maurice “Hank” Greenberg’s Starr International as a director and vice chairman…
23 July 2012
Mortgage insurers with sound credit profiles should generally have stand-alone ratings limited to the single-A range, according to Moody’s Associate MD Stanislas Rouyer…
16 July 2012
Natural catastrophe losses in the Asia-Pacific region were moderate in the first half of 2012, accounting for only 4% of insured losses worldwide, according to Munich Re…
16 July 2012
Continuing floods in the UK mean insurers may face the biggest payouts since 2007 and homeowners may be at risk of insufficient cover…
16 July 2012
Benign catastrophe activity resulting in plentiful capacity has capped upwards pressure on reinsurance prices, according to Guy Carpenter, the reinsurance broking arm of Marsh…
16 July 2012
The US has endured a “highly active” month, with multiple natural disasters occurring from coast to coast, according to Aon Benfield’s Global Catastrophe Recap report for June…
16 July 2012
Worsening economies in southern Europe have prompted trader credit insurer Coface to upgrade the country risk for the region…
16 July 2012
The European Insurance and Occupational Pensions Authority has published its final report on insurers’ reporting and disclosure requirements under Solvency II, which it says will improve policyholder…
16 July 2012
The insurance-linked securities market has had its most active first half since 2007, a Swiss Re report says…
16 July 2012
Capital held by Bermuda’s reinsurers and insurers fell only 2% last year despite the string of natural catastrophes, supporting arguments that the cost of reinsurance is not rising because the market…
16 July 2012
Most UK drivers would support a ban on claims management companies cold-calling people to represent them in motor vehicle claims, according to a new Association of British Insurers survey…
09 July 2012
Current reinsurance rate increases do not mean a hardening market, reinsurance broker Willis Re says…
09 July 2012
UK industry bodies are concerned about recent changes to insurance broker regulation across Europe, specifically those relating to new guidelines on compulsory commission disclosure…
09 July 2012
UK general insurers are reporting flat profitability and falling buyer sentiment, according to a survey by PricewaterhouseCoopers and the Confederation of British Industry…
09 July 2012
Continued slow growth in the insurance sector is turning the focus of US insurance executives inward as they grapple with operational issues, according to the latest Insurance Industry Outlook survey…
09 July 2012
The US Government has extended its National Flood Insurance Program for five years and will allow it to buy reinsurance cover from the private market…
09 July 2012
The European Parliament has affirmed January 2014 for implementation of the Solvency II regime for insurers and reinsurers in the European Union…
09 July 2012
The market positions of Europe’s 10 largest general insurers remained relatively static last year, a new ranking from Spanish researcher the Mapfre Foundation shows…
09 July 2012
The composite rate for US property and casualty insurance “held steady” at 4% for June, according to insurance exchange MarketScout…