Insurer
Challenges lie ahead for China's insurance market
The Chinese insurance market’s share of world insurance premiums has grown from 1% to 4% in the space of a decade, but with rapid growth come new challenges, according to an Aon Benfield report.
Slingsby rejoins RSA after QBE role
RSA has named former QBE UK and Europe head of operations Steve Slingsby as global programme director for global specialty lines.
Insurers cannot rely on internal models
Two-thirds of insurers aim to use independent experts to validate market risk assumptions in internal models, according to a survey from Towers Watson.
Control Risks warns of political instability
Businesses face worldwide risks from political instability and economic uncertainty from governments and from below by social protest and increasing scrutiny of corporate practices, Control Risks has warned.
Legal and tax issues top Airmic worries
Global economic and political uncertainty has had little impact on global insurance programmes, the second annual Airmic casualty benchmarking survey has found.
DAS continues to provide legal expenses for Sterling
DAS has extended its contract to provide Sterling Insurance customers with legal expenses cover.
Accident Exchange success as spot rate cases appeal granted
Accident Exchange is claiming success after claimants in four credit hire spot rates cases were granted permission to appeal.
Lloyd's insurers to see popstar Michael Jackson papers
Lloyd’s insurers for Michael Jackson’s ‘this is it’ London tour can study the popstar’s medical records.
OFT accepts insurer commitment to limit data exchange
The OFT has accepted formal commitments from six insurance companies and two IT software and service providers to limit the data they exchange between them.
An audience with: Julian James, CII president
Next year sees the Chartered Insurance Institute celebrate the centenary of its being granted a Royal Charter. But far from sitting back and reflecting on past glories, the CII is determined to use its anniversary year to tackle the big issues set to…
Allianz targets profit with overhaul of property business
Allianz Deutschland AG is restructuring its German property insurance segment, with the aim of returning the business to growth and profit long term.
Bluefin's network appoints Ageas to home panel
Bluefin Broker Partnership Services (BBPS) has appointed Ageas to its panel of preferred home insurance providers.
Hurricane season to cost $5bn
It is estimated that the 2011 Atlantic hurricane season will cost in the region of U$5bn, according to Risk Management Solutions.
QBE MD resigns following restructure plans
QBE’s managing director of distribution Terry Whittaker has resigned after a year in the role.
Harmonising insurance guarantee schemes across Europe
Harmonisation of insurance guarantee schemes is a topic that has been debated for some time but European Commissions direction on it due next year Sam Barrett looks at how this could work in practice.
China poll result
Will China be the next supply chain disaster?
Social media: The Nordic challenge
Voters in the recent Danish election set records with their tweeting but as Francesca Nyman reports insurers in this region are yet to take real advantage of this increasingly popular medium.
Russian Insurance Market – Decay or good prospects?
The Russian insurance market is only 20 years old and comes with a set of its own challenges but according to Paul Koshik there are opportunities there too.
Cayman insurance law regulation changes almost complete
Enhanced regulations are being finalised relating to the Cayman Islands Insurance Law 2010, which was passed early last year.
Hyperion promotes APAC head to CEO of Dual International
International reinsurer Hyperion has promoted its head of Asia Pacific, Damien Coates, to chief executive officer of Dual International.
Towers Watson increases Fifth Quadrant shareholding to 51%
Professional services company, Towers Watson, has increased its shareholding in Fifth Quadrant, the independent South African actuarial consultancy, to 51%.
Nationale Suisse rated at 'A-'
Schweizerische National-Versicherungs-Gesellschaft AG has achieved a financial strength rating of A- (Excellent) and issuer credit rating of "a-".
2 December: Cut and shut
Dealing with stolen motor vehicles is nothing new for insurers, so when Mr Policyholder phoned to report the theft of his classic motor vehicle, his insurer began the usual process.
LV launches new travel insurance product
LV has created a new premium travel insurance policy designed for the modern holidaymaker and covering travellers for a range of scenarios that are excluded from many travel insurance policies on the market.