Articles by Francesca Nyman
ISE 2012: France to suffer extreme temperatures due to global warming
Andreas Sterl, senior researcher at the Royal Netherlands meteorological Institute, has warned that France will be particularly affected by global warming.
Chinese government tightens insurance supervision
Administrators at Chinese state-owned insurance companies have been brought under higher-level supervision owing to the promotion of senior industry figures.
ISE 2012: Luzzi says firms must think in global terms
Opening the inaugural Insurance Strategy Europe event, Jorge Luzzi, president of the Federation of European Risk Management Associations and director of group risk management at Pirelli, told delegates that a global view is essential going forward.
Insurance Europe disappointed by ECON's approval of long-term guarantees
Insurance Europe, formerly the CEA, welcomed the approval of the provisions in relation to non-life and health insurance by the European Parliament’s economic and monetary affairs committee today, saying it hoped to see them included in the final Omnibus…
Mexico quake damage "less than $100m"
The magnitude 7.4 earthquake that struck Mexico yesterday is expected to cause less than $100m of insured damage, according to catastrophe modelling firm Eqecat.
CNA to acquire Hardy
US commercial insurer CNA is to acquire Lloyd's insurer Hardy Underwriting.
Starr expands in APAC with Singapore direct licence
Insurance and travel assistance group Starr Companies has been granted a direct general licence from the Monetary Authority of Singapore to operate as a direct insurer in the republic.
Generali profit hit by €1,017m one-off impairments
Generali posted reduced profits for the full year 2011 due to impairments from Greek write-downs and its Telco investment to the tune of €1,017m.
Bahrain celebrates inaugural 'Insurance Day'
Industry specialists gathered for Bahrain's first annual 'Insurance Day' today in a bid to increase insurance awareness in the Kingdom.
Ecclesiastical posts loss, despite Ireland performance
Specialist faith insurance providers Ecclesiastical made an overall pre-tax loss of £7.7m for the full year 2011.
AIR and RMS agree multi-year data sharing deal
Rival catastrophe modelling firms AIR Worldwide and Risk Management Solutions have formed an agreement to share exposure data schemas, in response to the growing numbers of clients using multiple models.
AIR poaches Zurich global head of cat modelling
AIR Worldwide has appointed John Elbl as vice president of the firm’s business development group.
Al-Futtaim launches UAE marine business
Al-Futtaim, the parent company of Arab Orient Insurance, has launched a marine services company.
Insurers in Philippines fight proposed capital hike
Insurers in the Philippines have locked horns with the country's Department of Finance over proposals to increase the capital requirements for insurers to P1bn (€17m) by 2016.
Quake policy uptake in Japan increases 17.5%
Analysts have noted a surge in the uptake of quake policies in Japan following the Tohoku earthquake last year.
Ace bolsters Continental Europe sales and distribution team
Ace has made three senior appointments to its Continental Europe sales and distribution team.
RMS launches specialist liability modeller
Modelling firm Risk Management Solutions has launched a liability modelling company in a joint venture with private investors.
Thai Re gets THB7bn capital injection
Thailand's largest domestic insurer, Thai Re, has successfully raised equity of THB7bn with the support of shareholders and a new strategic investor.
Zurich Middle East appoints new head of middle market
General insurer Zurich has appointed Hayden Seach as head of segment for Middle Market & Corporate, Middle East.
JLT warns against buying cheap nuclear build insurance
Speaking at the European Nuclear Forum in Brussels today, JLT's Global Nuclear Practice Group warned consumers of the risk of buying nuclear new build insurance cheaply and ultimately paying for insurance twice.
Chinese trade group releases draft motor reforms
The Chinese Insurance Association has released a series of draft amendments to the country's motor market for public consultation.
Hong Kong insurance premiums grow 9% to $225.8bn
Hong Kong's insurance industry grew 9% in 2011, with total gross premiums reaching $225.8bn, according to the region's Office of the Commissioner of Insurance.
Guernsey and Malta sign double tax agreement
Guernsey has signed a comprehensive Double Taxation Agreement with Malta, the third tax agreement for the captive favourite, after deals with the UK and Jersey.
Far East 'cold spots' and nat-cats lead Canopius to report first loss
A string of natural catastrophe losses in 2011 drove Canopius Group to the first loss in the company's eight-year history.