Asia
Analysts postive on Aviva and RSA following market updates
Analyst Jeffries has issued two positive notes on insurers Aviva and RSA this morning in the wake of the announcements made yesterday.
Analysts postive on Aviva and RSA following market updates
Analyst Jeffries has issued two positive notes on insurers Aviva and RSA this morning in the wake of the announcements made yesterday.
Suncorp claims hit 10 000
Suncorp expects to have eroded between A$220m (£137m) and A$240m of retained costs under its aggregate reinsurance programme as a result of the Australian floods, as well as other natural hazard events during 2010.
IMD: hostage-taking at sea reaches record high
According to recent statistics, more people were taken hostage at sea in 2010 than in any year on record.
Lloyd’s broker launches Asian operations
International Lloyd’s insurance and reinsurance broker Swinglehurst has launched a new venture in Hong Kong.
Charles Burgess appointed to Whittington board
Whittington has announced that Mr Burgess, managing director of its Asia Pacific operations, has been appointed as a director of the group’s holding company, Whittington Group.
Ace appoints head of transport risk management
Ace has appointmented Phil Skelton as head of transportation risk management for its overseas general operations.
Ace appoints head of transport risk management
Ace has appointmented Phil Skelton as head of transportation risk management for its overseas general operations.
Crawford names new Asia director
Claims company Crawford & Company has named Ian Baxter as regional director of global technical services for the Asia Pacific region.
Beachcroft sets sights on Singapore
Beachcroft is to expand its international presence with a new office in Singapore.
Axa declared largest insurer in the world by net written premium
The world's largest insurers, measured by assets and net premiums are based in Japan and France respectively, AM Best has found in its annual ranking of global insurers.
CL reports product recall claims surge
Cunningham Lindsey has revealed a massive increase in the number of product recall claims with their value increasing from £1.5m in 2009 to £16m in 2010.
China floods to have “limited impact” on insurers
The worst floods witnessed in China for more than a decade are unlikely to have a significant impact on the insurance industry, Guy Carpenter has claimed.
Lloyd's names Chaplin as Asia-Pacific chief
Insurance market Lloyd’s has appointed claims boss Kent Chaplin as the new head of its Singapore-based Asia-Pacific operations.
Allianz appoints new CEO for CEEMA region
Bruce Bowers has been appointed CEO of Central and Eastern Europe, Middle East and the North Africa Region of Allianz, based in Munich.
Allianz appoints new CEO for CEEMA region
Bruce Bowers has been appointed CEO of Central and Eastern Europe, Middle East and the North Africa Region of Allianz, based in Munich.
XL gains China license
The Chinese Insurance Regulatory Commission has granted XL a license to operate as a property and casualty insurer in Shanghai.
Postscript - five years ago: NU looks to offshore more IT jobs
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from five years ago reveals.
Europ reveals new five-year plan
Europ Assistance is planning to reduce its reliance on traditional travel and motor lines — which currently account for more than three-quarters of the company's turnover.
Brokers Link names Latin America head
Insurance broker alliance Brokers Link has appointed Paul Bitner as Latin America chief operating officer.
Brokers Link names Latin America head
Insurance broker alliance Brokers Link has appointed Paul Bitner as Latin America chief operating officer.
Scor places €75m catastrophe bond
Global reinsurer Scor has placed a catastrophe bond worth €75m (£62.9m) to protect against European windstorms and Japanese earthquakes.
Lockton forms Indian alliance
Lockton has entered into a strategic relationship with Indian broker, Unison Insurance Broking Services.
Aon Benfield estimates £1.2bn snow losses
The recent adverse weather across Europe has caused an “economic loss” of £1.2bn in Britain alone, according to an estimate from Aon Benfield.