Insured Global Disaster Losses in First Half Reached $22B: Aon Benfield July 23, 2014 Insured losses from global natural disasters during the six-month period ending June 30, 2014 reached $22 billion. That compares to...
Typhoon Matmo Targets Taiwan, Southeastern China: AIR Analysis July 23, 2014 According to catastrophe modeling firm AIR Worldwide, Typhoon Matmo (called Henry in the Philippines) formed in the Philippines Sea and...
Aon Launches ‘Technology-based Enhancement’ for WorldAware Solutions July 23, 2014 Aon Risk Solutions, the global risk management business of Aon plc, announced the unveiling of its “WorldAware Global Gateway,” which...
Smith to Head Guy Carpenter’s EMEA and Int’l. P&I Business July 23, 2014 Guy Carpenter & Company, LLC, the global risk and reinsurance specialist and member of Marsh & McLennan Companies, announced the...
Singapore Tells Airlines to Review Conflict Zone’s Risk Assessments July 23, 2014 By Anshuman Daga and Siva Govindasamy Singapore’s civil aviation authority has asked airlines based in the city-state to review their risk assessment of conflict zones following...
Chairman Says Vietnam Insurer PVI Holdings 1st Half Profit to Beat Forecast July 23, 2014 By Nguyen Kieu Giang PVI Holdings, Vietnam’s second- largest listed insurer, forecast first-half earnings will beat its target by 19 percent, buoyed by an...
ACE Limited Posts $779 Million Q2 Net Income; $1.513 Billion 1st Half July 23, 2014 ACE Limited reported net income of $779 million for the first quarter of 2012, compared to $891 million in Q2...
XL Group Launches Cyber Liability Coverage in Brazil July 22, 2014 After last month’s launch of its cyber liability including professional indemnity coverage for technology companies, XL Group has announced “the...
NHC Tracking Tropical Depression Two July 22, 2014 The National Hurricane Center in Miami is tracking a low intensity disturbance in the Atlantic, topical depression two. It is...
Airlines Shocked by Jet Attack; Ask Why No-Fly Zones Are So Rare July 22, 2014 By Alan Levin and Richard Weiss A universal no-fly area declared in eastern Ukraine after the downing of Malaysian Air Flight 17 is a rare restriction...