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RMS: 30% of New Zealand losses commercial

Based on its analysis of the area exposed to the New Zealand earthquake, Risk Management Solutions has predicted that approximately 60-70% of the insured loss will be residential, and 30-40 percent will be commercial and industrial.

Brokers having hard fight over claims

Brokers are having to fight harder to get claims paid during the economic downturn due to stricter policy interpretations and anti fraud-systems used by insurers, according to the British Insurance Brokers' Association.

Former AIG boss Sullivan joins Willis

Former AIG chief executive Martin Sullivan has been appointed deputy chairman of Willis Group Holdings and chairman and CEO of a new business unit, Willis Global Solutions.

Football clubs urged to take cover

European football clubs' representantive body has called for national teams to ensure they have an insurance policy in place to address the costs arising from players'injuries.

Football clubs urged to take cover

European football clubs' representantive body has called for national teams to ensure they have an insurance policy in place to address the costs arising from players'injuries.

Ex-Gallagher CIO joins XL

XL Insurance has appointed Terry McGinness as chief information officer for its international property & casualty as well as global specialty business units, based in London.

Ex-Gallagher CIO joins XL

XL Insurance has appointed Terry McGinness as chief information officer for its international property & casualty as well as global specialty business units, based in London.

Former AIG boss Sullivan joins Willis

Former AIG chief executive Martin Sullivan has been appointed deputy chairman of Willis Group Holdings and chairman and CEO of a new business unit, Willis Global Solutions.

Indian regulator refuses to renew Willis licence

The Insurance Regulatory and Development Authority in India has decided not to renew the composite broking licence of Willis India, an affiliate company of the international broker, according to Indian news sources.

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