UK Report Highlights Role of Insurance in Managing, Mitigating Cyber Risk March 24, 2015 Last year 81 percent of large UK businesses and 60 percent of small companies suffered a cyber security breach. In...
A.M. Best: India Law to Raise Foreign Investment Interest in Insurance Sector March 24, 2015 There will be heavy interest fromforeign investors in India’s insurance sector now that global insurers are permitted to increase their...
IRB Brasil RE Seeks to More Aggressive Growth in Latam, Africa; Weighs IPO March 24, 2015 By Guillermo Parra-Bernal IRB Brasil RE plans to grow more aggressively in Latin America and Africa as part of an expansion that may...
ACE Launches Enhanced Clinical Trials Liability Cover for UK Companies March 23, 2015 ACE Group has launched an enhanced clinical trials liability proposition for UK companies, which provides life science companies with specialist...
CN Railway’s Safety Record Deteriorated in 2014 Due to Poor Track Conditions March 23, 2015 By Allison Martell Canadian National Railway’s safety record deteriorated sharply in 2014, reversing years of improvements, as accidents in Canada blamed on poor...
Guy Carpenter Report Reveals Greatest Tsunami Risk Lies in Taiwan March 23, 2015 Guy Carpenter’s new scenario risk report for the Asia-Pacific region predicts the greatest tsunami risk in the area lies in...
Willis Appoints Paasch as Global Head of ART Solutions March 23, 2015 Willis Group Holdings plc announced that it has “strengthened and expanded its alternative risk transfer (ART) expertise by appointing Marc...
Talanx Q4 Profit Rose 17% on Measures to Restructure German Retail Division March 23, 2015 By Oliver Suess Talanx AG, Germany’s third-biggest insurer, said fourth-quarter profit rose 17 percent helped by investment gains as it sought to restructure...
ACE, Blackrock Seek Up to $1.3 Billion for Bermuda Reinsurance Venture March 20, 2015 By Sonali Basak BlackRock Inc., the world’s largest money manager, and Evan Greenberg’s ACE Ltd. are forming a reinsurance venture that is seeking...
Bank of England Says Will Apply New Insurance Regulations ‘Proportionately’ March 20, 2015 The Bank of England said on Friday that it would apply new European Union insurance regulations “proportionately,” following industry fears...