Geneva Association Calls on Governments to Act on Disaster Risks October 24, 2013 In recognition of the impact wrought by Superstorm Sandy – $68 billion, the second biggest natural catastrophe loss in U.S....
United States Urges More Flexibility in new Global Climate Deal October 23, 2013 By Nina Chestney and Valerie Volcovici The United States called on Tuesday for a more flexible approach to a new United Nations’ climate deal which balances...
AIR Reports on New South Wales Bushfires; State of Emergency October 23, 2013 Bushfires that started last week in the Australian State of New South Wales have been exacerbated by hot, dry, and...
Hannover Re Sees Higher Rates in Germany on Floods, Hailstorms October 23, 2013 By Oliver Suess Hannover Re, the world’s third largest reinsurer, said it expects higher rates for insurance and reinsurance in Germany following this...
Willis to Allocate Share of London Business to Pre-Selected Insurers October 22, 2013 By Noah Buhayar Willis Group Holdings Plc, the third-largest insurance broker by market value, agreed to allocate as much as 25 percent of...
ACE Appoints Weirsema to Strengthen Multinational Services in Europe October 22, 2013 The ACE Group announced the appointment of Hendrik-Jan Wiersema as Global Client Executive as it continues to invest in its...
Integro Acquires UK-Based Broker Doodson October 22, 2013 International insurance brokerage and risk management firm Integro announced it has acquired Doodson Broking Group, a UK-based entertainment and sports...
Global Climate Spending Falling Further Behind Target: Report October 22, 2013 By Nina Chestney Global spending to combat climate change fell last year and remains far below the level needed to prevent its most...
Thai Floods Force Closure of 17 Factories in Industrial Zone October 22, 2013 By Amy Sawitta Lefevre Seventeen factories were temporarily shut on Monday in a major Thai industrial zone dominated by foreign companies, after flood waters...
Europe a Reinsurance Buyer’s Market Says Willis Re; Rates Down 5-10% October 22, 2013 In a report from Baden-Baden, Willis Re, the reinsurance arm of Willis Group Holdings plc, notes that “increased capacity, competition...