Half of Global Insurance Premium Growth Tied to China: Allianz Research March 21, 2017 By Andrew G. Simpson Allianz Research projections show that total global premium income rose to a new record high of 3,650 billion euros ($3.9224...
Travelers Notes Impact of Cut in UK Discount Rate for Lump Sum Payouts March 20, 2017 The Travelers Companies Inc. has estimated impact of the recent decision by the UK Ministry of Justice to reduce the...
Last Shareholder Group in Settlement Talks with RBS; Litigation Insurance an Issue March 20, 2017 By Andrew MacAskill, Kirstin Ridley and Lawrence White Lawyers representing tens of thousands of Royal Bank of Scotland (RBS) shareholders have held tentative talks to settle a 1.2...
China’s Anbang Insurance Bullish on Investing in Europe March 20, 2017 The chairman of China’s privately-held Anbang Insurance Group said at the China Development Forum on Saturday he is bullish on...
Bank of England to Focus on Insurance Consumer Protections March 20, 2017 By Huw Jones The Bank of England will spell out more clearly what insurers should be doing to protect policyholders such as the...
Reinsurers Seek Higher Returns Through Customized Business March 20, 2017 By Brenna Hughes Neghaiwi and Paul Arnold Reinsurer Swiss Re, usually involved in mega-deals on natural disaster coverage, is branching out on its own to do individually...
Tepco & Japan Government Held Liable Over Fukushima Nuclear Disaster March 17, 2017 A court in Japan on Friday ruled that Tokyo Electric Power (Tepco) and the government are liable for negligence in...
Greenlight Re Ireland Promotes O’Brien to CEO March 17, 2017 Greenlight Reinsurance Ireland DAC*, the Dublin-based subsidiary of Greenlight Capital Re Ltd., announced the promotion of Patrick O’Brien to chief...
Self-Driving Cars to Transform Motor Insurance in Liability Shift: Fitch March 17, 2017 Widespread use of autonomous vehicles will completely transform the motor insurance sector over the long term when liability begins to...
When Will Self-Driving Cars Be Rolled-Out? Carmakers, Suppliers Disagree March 17, 2017 By Georgina Prodhan Carmakers and suppliers gave widely differing timelines for the introduction of self-driving vehicles on Thursday, showing the uncertainties surrounding the...