How Red Bull Handled Product Tampering Threat Could Pay Off March 22, 2013 By Georgina Prodhan Austrian company Red Bull’s unusual decision to go public on a blackmailer’s threat to contaminate its energy drinks with feces...
RSA in Agreement with NFU Mutual to Control Claims, Cut Costs March 21, 2013 RSA announced that it has concluded a bilateral agreement with major UK rural insurer NFU Mutual to help control accident...
Gill Joins UK’s Miller Insurance Services March 21, 2013 UK-based Miller Insurance Services announced that Kevin Gill, a non-marine retrocession production and placement specialist, has joined the broker’s reinsurance...
Longer Routes Help Oil Tankers Mitigate Iran Sanctions March 21, 2013 By Krishna N. Das Oil tanker owners are cushioning the impact of Iranian trade restrictions by shipping crude over greater distances to some of...
Vaughan Joins Beazley from Catlin as Deputy Reinsurance Head March 21, 2013 Beazley announced that Mark Vaughan has joined the company as deputy head of its reinsurance division. He moves to Beazley...
Ironshore Canada Increases Capacity for Specialty Casualty Lines March 20, 2013 Ironshore Canada Ltd., a subsidiary of Ironshore International, has increased capacity to $30 million for its specialty casualty lines for...
Ratings Recap: Sun Hung Kai, Jamaica International, Palms, Watania March 20, 2013 A.M. Best Asia-Pacific Limited has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit rating...
ACE Provides Insights on Challenges, Solutions for Cross-Border Marine Insurance March 20, 2013 ACE Insurance, part of the ACE Group of insurance and reinsurance companies, based in Singapore, recently released a report on...
Munich Re Study Sees Asia Pacific Dominating Insurance Growth by 2020 March 20, 2013 “Asia-Pacific will be the dominant driver of world insurance growth by 2020,” according to a study published by Munich Re’s...
FERMA Calls on EU Parliament to Enforce Minimum Disclosure Standards for All Broker Business March 20, 2013 The Federation of European Risk Management Associations (FERMA) is calling on the European Parliament to ensure that all insurance buyers...