Articles by Jonathan Swift
Fitch: eurozone stress analysis concludes further rating actions unlikely
Fitch Ratings says that it does not expect to take any further rating actions on European insurers as a result of its most recently updated eurozone stress test analysis.
Japanese insurance giant plots merger
NKSJ Holdings, Japan's third-largest general insurer, is planning to merge its two main units, Sompo Japan and Nipponkoa Insurance, according to report.
Thai insurance giant seeks 20% growth in 2012
Muang Thai Life Assurance is seeking to expand its business by more than 20% to 40bn baht (£800m) this year, according to reports.
Insurer most trusted financial services brand in India according to report
The Life Insurance Corporation of India has come out top in a poll to find the country's most trusted brand in the banking and financial institution space, for the second consecutive time.
Indian Government launches new insurance scheme for overseas workers
The Indian government has unveiled a new pension and life insurance scheme that would benefit over 5 million of the country’s unskilled and semi-skilled workers employed overseas.
Cyclists urged to support Allianz-backed bike ride
The Prince’s Trust has announced that its Palace to Palace cycle ride will be coming to the West Midlands for the first time.
CNA extends offering for pharmaceutical and biotech companies
CNA Insurance today said that HealthPro, its specialist offering to the healthcare industry, has added property and business interruption coverage to its suite of products for the advanced medical technology sector.
AIA tipped to make $6bn ING bid
AIA Group may make a bid for the $6bn Asian insurance operations of ING Groep, according to reports.
Indian insurers turn their back on agency model
Since April 2010 the Indian life insurance industry has lost nearly a third of its corporate agents while most of the large life insurers have lost 50% of corporate agents, according to a new report.
WHO expert calls for cashless insurance system for Indian healthcare
Indian health insurance should cover more than it currently does according to experts at a recent one-day national consultation on the state of the market.
Philippines non-life market expected to consolidate in wake of new capital requirements
The local Philippine's insurance representative body has noted that some local non-life insurers may have challenges meeting the government's new paid up capital requirements.
Lloyd's coverholder appoints ex-Chartis VP to launch French arm
Equinox Global, an approved Lloyd’s cover holder specialist in trade credit insurance, has appointed Alban De Malherbe to launch a French office.
Deloitte predicts household premium rises of up to 10% in 2012
Household insurance premiums are likely to rise between five and 10% in 2012, according to Deloitte.
RSA Swedish reserving not an issue according to analyst note
There is no clear evidence of under-reserving at RSA, according to analyst Jefferies despite the fact in Scandinavian this remains inherently volatile.
IAG revises half year perils outlook after Xmas day weather claims
Insurance Australia Group has confirmed that its Australia Direct and CGU businesses had received to date approximately 24 000 claims following the hailstorms and related severe weather which occurred in Victoria around Christmas Day.
China medical insurance coverage reaches 97% in rural areas
Basic medical insurance coverage in China's rural areas reached 97% in 2011, outstripping urban areas, according to health minister Chen Zhu.
Korean regulator: saturated home market means local insurers must look overseas
South Korea’s six non-life insurance companies saw their earnings in overseas markets drop by 52.2% on a year-on-year basis, it has been reported.
Chinese insurance premiums rise 10% to £150bn in 2011
China's total insurance premiums rose 10 percent to 1.43 trn yuan (£150bn) in 2011 from a year earlier, according to weekend reports.
Malaysian insurance regulator revises motor premiums for first time in 30 years
As part of the new motor cover framework for addressing the structural issues within the motor insurance sector, Bank Negara Malaysia has announced measures it hopes will improve the claims settlement process and the implementation of gradual premium…
XL gets green light for Brazilian insurance company
XL Group has announced that it has received final approval from the Brazilian insurance and reinsurance regulator, Superintendencia de Seguros Privados, to establish an insurance operation in the country.
Chartis and Generali back launch of Chinese aggregator site
CNinsure, an independent insurance intermediary company operating in China, has launched a comparison website under the name of Baowang (www.baoxian.com).
BGL linked with Minster Law swoop as insurer/broker ABS uptake tipped to rise
The on-going backlash over referral fees has been credited as both a hindrance and catalyst for insurers and brokers seeking alternative business structures.
End of Year Quiz 2011: Faces from the past
It is that time of the year when the Post team give their desks a sort out and tidy.
Ferma members voice concerns over supply chain management
Commercial insurance buyers generally want better insurance products to cover their supply chain risks, a simple survey by Ferma has confirmed.