All Insurance News articles – Page 11
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Online onlyInsurers unprepared for Solvency II: Deloitte
Survey finds insurers complacent about Europe’s new capital adequacy directive
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Online onlyChallenging times ahead for US P/C insurers: EY
Ernst & Young issues its 2008 US Outlook for the property/casualty insurance industry
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Online onlyMarsh opens China advisory branch in London
The broker opens a London based division of China Global Client Services
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Online onlyISB appoints director of risk engineering
International Space Brokers appoints Jared Ball
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Brown to lead Aon’s UK corporate unit
New chief executive for Aon’s commercial insurance division
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Online onlyInsurers to pay $6.5bn in 2007 cat claims: ISO
144,000 commercial lines claims cost an estimated $1.3bn for damage from 23 catastrophes in 2007
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US plea bargains raise exposures, warns Marsh
Companies Act stipulates that indemnification of a director’s legal costs by their company is not allowed if the director is found guilty in a prosecution
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Online onlyGAIG creates new environmental division
New division will provide coverage up to $25m in policy limits
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Online onlyHouse of Representatives approves amended TRIA
The US House of Representatives has voted to extend and expand the post-9/11 terrorism risk insurance program
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Interviews
Zurich elevates CRO to exec status
Appoints Axel Lehmann to the role of chief risk officer
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NTEGRITY launches new claims system
NTEGRITY Insurance Solutions has launched a new claims system called ETHOS
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Online onlyCEIOPS publishes its QIS3 report
PWC comments on the main findings of the Solvency II framework study
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Aon Re Global Fac launches specialist residual value unit
Based in London new team will handle RVI business exclusively
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Online onlySubprime crisis continues to impact financial institutions around the world
Willis publishes report on repercussions in the insurance market and beyond
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Evolution teams up with Allianz for public liability product
The commercial underwriter has added excess of loss public liability to its portfolio, the new contract is provided by Allianz
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Online onlySafeco expects $35m in California wildfire losses
The estimated loss includes $5m in commercial property claims
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Insurance-linked securities set for continued growth, says ILS
Resilience that ILS have shown to the credit crunch combined with implementation of Solvency II will encourage continued growth in the sector, says director of ILS Today
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Businesses unprepared for terror attacks
Over 80% of property professionals believe businesses are ill-equipped to cope with a terrorist incident, reveals Lockton
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Online onlyMorley to form joint venture in China
Morley has formed a fund management joint venture in China with China National Oils, Foodstuffs and Cereals Corporation
