Best’s UK Non-Life Report Highlights ‘Challenging Market Conditions’ September 24, 2013 According to a new report from A.M. Best Co., the U.K. non-life insurance sector “faces mounting pressures, ranging from regulatory...
ANV’s CEO Matt Fairfield Tells What it’s Like to Run a Global Insurer September 23, 2013 By Charles E. Boyle R. Matthew “Matt” Fairfield, the Founder and CEO of ANV, is the epitome of a global insurance executive. He lives...
Cooper Gay and Swett & Crawford Acquires Lloyd’s Broker NMB September 23, 2013 Cooper Gay Swett & Crawford (CGSC) has announced the acquisition of independent Lloyd’s insurance and reinsurance brokerage group Newman Martin...
EU and Singapore Finalize Details of Far-Reaching Trade Deal September 23, 2013 By Philip Blenkinsop and Rachel Armstrong The European Union and Singapore have finalized the details of one of the world’s most comprehensive free trade agreements, a...
Swiss Re Estimates $240 Million in Claims from German July Hail Storms September 23, 2013 Swiss Re said it estimates industry wide insured losses from the hail storms in northern and Southern Germany in July...
Typhoon Usagi Weakens before Hitting China Coast: AIR Worldwide September 23, 2013 According to catastrophe modeling firm AIR Worldwide, Severe Typhoon Usagi, the 19th named storm to form in the Northwest Pacific...
Swiss Re Opens French Operation for Hull and Cargo Coverage September 20, 2013 Swiss Re Corporate Solutions announced the expansion of its Marine insurance presence in Continental Europe through the formation of a...
Magnitude 5.8 Earthquake Hits Japan’s Fukushima Prefecture-Kyodo September 20, 2013 An earthquake with a preliminary magnitude of 5.8 struck Fukushima Prefecture in Japan early Friday morning, Kyodo reported, quoting the...
Best Affirms Ratings of Aspen Insurance and Subs Ratings September 20, 2013 A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit...
Typhoon Usagi Heads Toward Taiwan and China: AIR Worldwide September 20, 2013 AIR Worldwide’s latest report on Typhoon Usagi describes a “Category 3 storm with maximum sustained winds of 204 km/h [127.5...