Low Insurance Penetration Creates Asia-Pacific Opportunities: Aon Benfield March 11, 2015 As rapid economic development, population growth and urbanization lead to increased insurance penetration, Asia Pacific represents a key area of...
RSA Upgrades to Cloud Computing With Amazon Web Services March 11, 2015 RSA announced it has signed a contract with Amazon Web Services to use its cloud computing services across the group....
Munich Re Continues Buying Back Shares Amid Falling Profit March 11, 2015 By Oliver Suess Munich Re, the world’s biggest reinsurer, will continue buying back shares as declining prices and lower investment income undermine earnings....
Lloyd’s Opens Specialist Underwriting Platform in Dubai March 11, 2015 Lloyd’s has opened a new specialist underwriting platform in Dubai to provide tailored risk solutions across the Middle East. This...
Former RSA Executive Says ‘Pushed Under Bus’ by Bullying Accusation March 11, 2015 By Joe Brennan The former head of RSA Insurance Group plc’s Irish unit said an internal company report effectively accused him of being...
Royal Bank of Canada Is Reviewing Future of Volatile P/C Insurance Unit March 11, 2015 By Doug Alexander Royal Bank of Canada is reviewing its domestic property and casualty insurance business, Chief Executive Officer David McKay said, citing...
Verisk Analytics to Buy UK’s Wood Mackenzie in $1.937 Billion Deal – Source March 10, 2015 By Liana B. Baker Verisk Analytics Inc. has agreed to acquire British analytics firm Wood Mackenzie for more than €1.8 billion ($1.937 billion), according...
Willis Expands Affinity Business into North America, UK March 10, 2015 Willis Group Holdings plc announced that its Affinity business will become a new global practice as it expands into the...
Series of Train Derailments Worries Canada’s Transport Minister March 10, 2015 A series of train derailments in northern Ontario is cause for concern for Canada’s transport minister, a spokesman said on...
Low Catastrophe Claims Help to Boost Full-Year Profit for Hannover Re March 10, 2015 By Oliver Suess Hannover Re, the world’s third-biggest reinsurer, plans to pay a special dividend after fourth-quarter profit rose more than analysts estimated,...