Asia
Climate change: Change on the horizon
Climate change is happening. Peter Höppe writes that the industry must act to limit global warming and also to provide adequate risk management and natural catastrophe cover, particularly in the developing world.
Cigna swoops for Vanbreda International
Global health service company Cigna has acquired Vanbreda International, based in Antwerp, Belgium.
BIS countdown - Interview - Michael Casella: Commitment to the Chubb cause
The new CEO of Chubb Europe, Michael Casella, has spent 28 years travelling the world with the firm. Now based in London, he tells Jonathan Swift why it set up a new Lloyd's syndicate and why you'll never see it dipping in and out of markets.
Ageas boosted by Asia and Belgium with €180m profit
Ageas has reported a net insurance profit of €180m for the first half of 2010, including a life contribution of €178m driven by Belgium and Asia.
Germany drives European recovery
The recovery of the world economy continues, according to the latest quarterly ICC/IFO World Economic Survey.
RSA spotlight - Andy Haste: Playing the long game pays off for Haste
Following his interview with former RSA CEO Bob Mendelsohn and the news that RSA has approached Aviva to buy its UK, Irish and Canadian general insurance assets, Jonathan Swift reflects on the general insurance career of the company's current CEO Andy…
S&P affirms AA rating for Allianz
Standard & Poor’s has affirmed the stand-alone AA (stable) financial strength rating on 12 August for Allianz Global Corporate & Specialty, the industrial arm of the Allianz Group.
QBE restructures exec to better reflect growth
As a result of its continued expansion, QBE has decided to restructure into three main operating divisions – Europe, the Americas and Australia Asia Pacific.
JLT CEO: 'we will be doing the acquiring'
Jardine Lloyd Thompson has pledged to invest in its Asian operations after posting strong international growth in its half-year financials.
Insurers urged to join IASB debate
European insurers have been urged to keep down their own costs by implementing the long-awaited International Accounting Standards Board's common reporting framework into their Solvency II plans.
Severe global flooding causes widespread losses in Asia
Aon Benfield has released the latest edition of its monthly cat recap report, which provides an analysis of worldwide catastrophic events in July.
Marsh Q2 2010 results show double digit growth in Asia
Marsh & McLennan has today reported that its risk and insurance services arm, Marsh, recorded revenue of $1.5 bn (£942m) in the second quarter of 2010, an increase of nine percent from the same period in 2009, or one percent on an underlying basis.
Former Axa boss Les Owen joins Jelf
Jelf Group has appointed Les Owen as its new non-executive chairman following the retirement of David Walker.
Zurich reshapes global life business
Zurich has appointed four regional chief executives within global life, Europe, Asia Pacific & Middle East, North America and Latin America.
Consolidation - global brokers: Too big for their boots?
The creation of the global broker in the 1980s resulted in a dominant few. David Trezies asks whether this consolidation has produced any tangible benefits for clients.
BIS countdown - Sean McGovern interview: Getting to grips with government
Lloyd's general counsel Sean McGovern talks to Jonathan Swift about the incoming Solvency II directive and his role building relationships with the new government.
Scor reports 19% growth at treaty renewals
P&C and specialty treaty renewals at end of June have resulted in premium growth of 19% at constant exchange rates, whilst fully respecting the technical underwriting profitability criteria.
The Reinsurance Power List 2010: Who's the daddy?
After the usual team debates, tears and tantrums, once again the Reinsurance team presents its annual Power List. We give you our opinions on who is hot and who is not in the reinsurance world and why they are a force to be reckoned with
Bowring Marsh opens Hong Kong office
The specialist international placement broker at Marsh has expanded its footprint in Asia with the opening of its ninth Hong Kong office.
Kiln appoints two in Asia
Insurance and reinsurance underwriters Kiln have appointed Paul Dreblow and Kenneth Leung to their team in Asia.
New Indian insurer receives licence
Indian engineering giant Larsen & Toubro’s new general insurance company is due to start operations after receiving a licence from the regulatory authority for commencing its business operations.
AIG names ex-Pru chief head of AIA ahead of listing
AIG has named former Prudential chief executive Mark Tucker as head of its Asia life insurance business, AIA, and said it would seek to list AIA on the Hong Kong stock exchange.
KPMG unsurprised by US omission in Solvency II project
KPMG has welcomed Ceiops draft advice (Consultation Paper 81), published yesterday, on which jurisdictions’ regulatory regimes are to be considered within the first wave of Solvency II equivalence assessments.
Singapore insurance market poses threat to London warns Marsh
The London market needs to think about how it is responding to the expanding Singapore market if it is going to be competitive with rates.