Articles by Francesca Nyman
Former Aon VP to head up Swiss Re Asia Pacific
Swiss Re Corporate Solutions has appointed Ted Hodgkinson as head of Asia Pacific.
Towers Watson opens German branch
Towers Watson (Re)Insurance Brokers has continued its expansion in continental Europe with the creation of an operation in Germany.
Europa to delist following acquisition
Talanx International AG and Japanese insurer Meiji Yasuda Life Insurance Company have successfully closed their joint acquisition of the Polish Europa Insurance Group.
Marsh recruits new CEO from sister company
The board of Marsh today announced the appointment of Mark Weil as CEO in succession to Martin South, who was appointed CEO of Marsh Europe in January.
Willis restructure aims to integrate "siloed and independent businesses"
Willis Global, the reinsurance, specialties and wholesale arm of Willis Group, will implement a series of "client-centric" structural changes aimed at growing the premiums placed annually through its three core segments.
Zurich's GI chief leaves for top role at Generali
Mario Greco, Zurich's general insurance chief executive, has resigned from the post to return to Italy as CEO of Generali Group.
Scor and key subsidiaries upgraded to A+
French reinsurer Scor has had its insurer financial strength rating upgraded from A to A+ by Standard and Poor's along with core subsidiaries.
Fondiaria's conditions threaten Unipol merger
Italian insurer Unipol wants to proceed with its planned merger with Fondiaria-SAI but will not accept certain conditions proposed by its troubled peer, according to Reuters.
Generali's Perissinotto ousted as CEO
Giovanni Perissinotto has been removed as chief executive of Italy-based insurer Assicurazioni Generali.
Rossiya on negative watch following licence suspension
OJSC Rossiya Insurance Company has had its B- insurer financial strength rating placed on negative watch by Fitch.
Grupo Catalana Occidente in exclusive negotiations for Groupama's Spanish arm
Grupo Catalana Occidente and French insurer Groupama have entered exclusive negotiations regarding the acquisition of Groupama’s Spanish operation, Groupama Seguros Sant Cugat.
Future of Generali chief in doubt over Eurozone woes
Generali chief executive Giovanni Perissinotto may be the latest casualty of the Eurozone turmoil, according a report by Reuters.
Towers Watson builds IMC business with senior European appointments
Towers Watson has appointed Sabine Leboulanger in France and Henning Maass in Germany to lead the growth of its Insurance Management Consultancy practice in Europe.
Korea Life and KB Financial shortlisted for ING acquisition
Korea Life Insurance and KB Financial Group have been shortlisted in the bidding for ING Groep NV's life insurance operations in Asia, according to Dow Jones newswires.
Ace launches mobile phone air-time fraud cover
Ace Group subsidiary Ace Insurance has introduced a mobile phone air-time guard for Asia Pacific, which it claims is the first of its kind.
India's insurance sector faces manpower shortage
India's insurance sector is facing a potential dearth of qualified professionals owing to the rapid growth of insurance penetration in the country, according to industry insiders.
Fitch expects 'severe adverse effects' for any country exiting the euro
A special report published by Fitch today addresses the possible impact on credit ratings of countries redenominating after a Eurozone breakup.
Strong growth prospects for Nordic life market
Growth prospects for the Nordic life insurance markets remain strong, but insurers will have to assess the viability of selling contracts with investment guarantees due to high capital charges under Solvency II, according to Fitch.
FM Global makes senior appointments in Asia and Europe
FM Global has made a number of senior changes to its management team in Asia and Europe.
Europe sees total GWP fall in 2011, but non-life premiums continue to rise
Total written premiums for Europe's insurers fell by 1.5% at a constant exchange rate during 2011, statistics published by Insurance Europe today showed.
Travelers considering India market entry
US-based Travelers Group is believed to be in talks with Indian farm equipment maker Mahindra & Mahindra regarding a bid to enter the country's fast growing general insurance market.
Willis Ireland acquires Attain Consulting
The Irish arm of broker Willis Group has added to its domestic employee benefits business with the acquisition of Attain Consulting and sister company Trustee Principles for an undisclosed sum.
Talanx enters Indian market via joint venture
Talanx-owned insurer HDI-Gerling will enter the Indian market through a joint venture with Indian firm NBFC Magma Fincorp after a three-year bid to gain a licence for the region.
Damaging aftershocks hit northern Italy
Two damaging aftershocks, a magnitude 5.8 followed by a magnitude 5.4, occurred on 29 May in Italy's Emilia-Romagna region, which experienced a magnitude 6.0 earthquake on 20 May.