Reinsurance
Parabis commits to reinsurance with trio of appointments
Parabis has today announced three high-profile appointments under the banner of Argent Audit & Legacy in a bid to expand its reinsurance offering.
$3bn Thai flood losses set to escalate as city centre inundation begins
Loss adjusters have told Post there is a “whiff of Katrina” about the Thailand floods, following predictions the disaster could cost more than the estimated $3.3bn (£2.1bn) insured losses.
Market moves: All change at Zurich and Willis
Following a slow period, large insurers made a number of key appointments this week, including major moves at Zurich, Allianz and RSA.
Broking supplement - Interview Toby Esser: Expansive thinking
Toby Esser talks about striking serious deals, his acquisitive ambitions and plans to penalise paper-lovers
Thai floods: Waters set to overwhelm Bangkok
Loss adjusters are preparing for the complete flooding of Bangkok as waters reach the centre of the city.
Post magazine – 27 October 2011
This week the Post team reports on feelings of a “whiff of Katrina” among loss adjusters about the Thailand floods that have already inundated two industrial estates in Bangkok - affecting multinational firms including Apple and Ford Motors.
Thai flood losses set to escalate - Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including feelings of a “whiff of Katrina” among loss adjusters about the Thailand floods that have already inundated two industrial estates in Bangkok - affecting…
Earthquakes call into question building code enforcement in Turkey
The Turkish government introduced new construction codes following the 1999 earthquake, but there are fears these may not have been enforced.
France and Japan largest purchasers of cat reinsurance
France and Japan are the largest purchasers of excess of loss per event treaties according to a new report by Aon Benfield.
Reinsurers squeezed by capital excess
Delegates at a seminar organised by Guy Carpenter at Baden-Baden were told reinsurance pricing would remain low as more capital was available than customers.
Towers Watson appoints senior broker for continental Europe
Towers Watson has appointed Nicolas Moinier as a senior broker in its reinsurance business with the aim of strengthening its presence in the European reinsurance brokerage market.
Cyber liability: Getting hacked off
Back in 1983, when Hollywood produced a film about a young boy inadvertently hacking into military systems, the possibility of such an occurrence seemed the stuff of fantasy and doom-mongers.
Risk modelling - Riots: Out of control
The recent riots across England emphasised the destruction such uprisings can inflict. But why do riots start and can their triggers be predicted and planned for?
Climate change: A changing environment
With insurers rushing to provide environmental cover, how are they performing themselves in the climate change stakes?
In series: Lloyd's & London Market: Staying number one
Tightening regulation and a less advantageous tax regime are making it tough for Lloyd’s to retain its pre-eminence, but is protectionism the greater threat?
Post magazine – 20 October 2011
This week the Post team reports on the reason behind Imperial Consultants’ Ian Hogarth’s move to LAS Claims Management.
Hogarth’s Imperial exit sparked by ‘difference of opinion’ - Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including the reason behind Imperial Consultants’ Ian Hogarth’s move to LAS Claims Management.
In series: Lloyd's & London Market: Staying number one
Tightening regulation and a less advantageous tax regime are making it tough for Lloyd’s to retain its pre-eminence, but is protectionism the greater threat?
Bermuda is US’s biggest insurance ally
Business Bermuda’s 2011 Economic Impact Study claims that for the first time ever Bermuda became the most important international provider of insurance services to the US last year.
CEA opposes US tax proposals as barrier to European insurers
The CEA is strongly opposing Bills introduced this week US House of Representatives saying they could lead European insurers to withdraw from the US market.
XL estimates cat losses of up to $120m
Insurer XL has estimated its catastrophe losses for Q3 at between $90m (£57.2m) and $120m.
Sagicor withdrawal forced by First Central losses
Lloyd’s insurer Sagicor’s decision to quit both property treaty reinsurance and casualty treaty reinsurance was forced by huge losses incurred through its tie-up with Gibraltar-based motor insurer start-up First Central, Post understands.
Japan - Post-earthquake: Aftershocks of the earthquake
New insurance legislation in Japan is set to be extensively tested six months after the devastating earthquake and tsunami that hit the country.
Post magazine – 13 October
This week the Post team reports on news that new entrant Ecclesiastical has shaken up the property owners market by winning a multi-billion pound portfolio belonging to The Crown Estate, as sources suggest the sector is witnessing business-hungry…