Spain’s MAPFRE announced that it has acquired a 20 percent stake in the Indonesian insurance company Asuransi Bina Dana Arta...
International & Reinsurance News
Allianz SE’s CEO Michael Diekmann said tougher financial regulation will create takeover opportunities for Europe’s biggest insurer. “If Solvency II...
The new shipping route opened up through the Arctic by climate change will not be crowded any time soon. Cargoes...
Swiss Re announced that it has entered into an agreement with Pacific Century Group to invest up to $425 million...
According to catastrophe modeling firm AIR Worldwide “Very Severe Cyclonic Storm Phailin made landfall on the eastern coast of India...
A newly issued report from A.M. Best cites International Monetary Fund (IMF) statistics, showing that “Latin American countries had an...
Lockton Companies announced that Matthew Gooda has joined its London operations as Mining Advocate, Senior Vice President. He will advise...
Eight people were killed and over 30 missing, with nearly 20,000 people ordered to evacuate and hundreds of flights cancelled...
AXA SA said it sold catastrophe bonds designed to protect insurers from payouts on storm damage, in the biggest transaction...
The Philippines froze prices for basic goods to prevent gouging in an area cut off by the country’s biggest earthquake...