Reinsurance
Walsham Brothers director appointed Guy Carpenter marine and energy head
Martin Pepper has been appointed as head of Guy Carpenter’s London-based marine and energy practice with effect from August 16, 2010.
Neal bill debated by lawmakers but a vote is still far away
The controversial reinsurance bill targeting the 'Bermuda loophole' is advancing slowly but Congress is unlikely to move quickly on the controversial tax legislation.
RIMS fights foreign insurer tax hike
The Risk and Insurance Management Society has pledged to continue its opposition to legislation that would increase taxes on foreign-based insurance companies.
Willis, Munich Re and Allianz seal European windstorm deal
Perils AG, the Zurich-based company providing industry-wide European catastrophe insurance data, today announced that in the first six months of 2010 the total placements of insurance risk transactions based on Perils industry loss index exceeded $250m.
Willis, Munich Re and Allianz seal European windstorm deal
Perils AG, the Zurich-based company providing industry-wide European catastrophe insurance data, today announced that in the first six months of 2010 the total placements of insurance risk transactions based on Perils industry loss index exceeded $250m.
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.
New broking powerhouse CEO outlines strategy
The long-winded title of the holding company formed following the merger between Cooper Gay and US broker Swett & Crawford will not be adopted by its subsidiaries, according to chief executive Toby Esser.
Heath and BDML wait on Admiral
Admiral has signalled its intent to underwrite household products from 2011, in a move that is set to impact its current white label arrangements.
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.
CEA concerned over EC insurance insolvency guarantee scheme
The CEA, the European insurance and reinsurance federation, has thrown its support behind the objective of protecting insurance policyholders and beneficiaries that underlies the package of measures the European Commission published yesterday.
CEA concerned over EC insurance insolvency guarantee scheme
The CEA, the European insurance and reinsurance federation, has thrown its support behind the objective of protecting insurance policyholders and beneficiaries that underlies the package of measures the European Commission published yesterday.
Aon in $4.9bn swoop for outsourcing firm
Aon has agreed a deal to acquire HR consulting and outsourcing company Hewitt Associates for $4.9bn, consisting of 50% cash and 50% Aon stock.
Aon in $4.9bn swoop for outsourcing firm
Aon has agreed a deal to acquire HR consulting and outsourcing company Hewitt Associates for $4.9bn, consisting of 50% cash and 50% Aon stock.
Top of the class
Allianz has made record profits, improved service and invested in staff despite the economic downturn, writes <BODY><p>Mairi MacDonald</p></BODY>.
Life in the fast lane
Wesleyan Assurance Society's long history has not prevented the insurer from reviewing its offerings and launching innovative new products, writes <BODY><p>Mairi MacDonald</p></BODY>.
British Insurance Awards 2010: Triumph over adversity
As we all know, insurance exists to help individuals and businesses prepare for life's uncertainties and cope with the consequences. Quite literally, it comes to the rescue. And the past 12 months have been no exception.
Cooper Gay completes US merger
Cooper Gay has completed a deal to merge with US-based wholesale broker Swett & Crawford.
Law replaces Dilks as PwC insurance boss
PricewaterhouseCoopers has appointed David Law as its new global insurance leader.
Law replaces Dilks as PwC insurance boss
PricewaterhouseCoopers has appointed David Law as its new global insurance leader.
British Insurance Awards 2010 - all the winners
Allianz was crowned general insurer of the year last night at the annual British Insurance Awards.
New snag for US financial regulations bill
West Virginia Governor Joe Manchin on Wednesday put off naming a successor to the late Senator Robert Byrd, which could further complicate passage of financial reform legislation in the US Senate.
Nat cat losses more than double average in first half 2010
Insurers’ losses from natural catastrophes, including the February earthquake in Chile, totaled $22 billion in the first half of the year, more than double the average for the period since 2000, according to Munich Re.
Brokers more positive on Lloyd's than two years ago
Brokers are now significantly more positive about conducting business at Lloyd’s than two years ago.
Haiti and Mozambique most vulnerable to economic losses from natural disasters
Italy, Japan, China, USA, Spain and France also rated “high risk” on The Natural Disasters Economic Loss Index (NDELI), released by risk intelligence and ratings company, Maplecroft.