Insurance is Key as Investment Frontiers Open, Says World Bank Exec July 25, 2012 By Lesley Wroughton Political risk insurance against conflict or breach of contract has become a key factor for investors seeking higher returns in...
ING in Restructuring Talks with EC, Dutch Government July 25, 2012 Dutch bank and insurer ING, forced to sell assets in return for receiving state aid during the financial crisis, said...
Dsouza Joins Argo Group in Dubai as Casualty, Professional Lines Underwriter July 25, 2012 Argo Group International Holdings, Ltd. announced that Jason Dsouza has joined Argo Re (DIFC) Ltd. in Dubai as a casualty...
Fairfax’s Watsa Raises Stake in BlackBerry Maker RIM to Nearly 10% July 24, 2012 Canadian investor Prem Watsa, dubbed the “Warren Buffett of the North,” has nearly doubled his company’s stake in embattled BlackBerry...
China Drafts Rules for Insurers to Raise Private Equity Stakes; Trade Derivatives July 24, 2012 By Clare Baldwin and Samuel Shen China plans to double the amount insurers can invest in private equity and allow them to trade financial derivatives both...
Japan’s All Nippon Airways Grounds Dreamliners, Citing Engine Corrosion Risk July 24, 2012 By Rhys Jones and Yoko Kubota Japan’s All Nippon Airways said on Monday it grounded part of its fleet of 787 Dreamliners after tests revealed a...
AIR Analyzes Fallout from Heaviest Rainfall to Hit Beijing since 1951 July 24, 2012 According to catastrophe modeling firm AIR Worldwide, on Saturday, July 21, a heavy storm in China delivered as much as...
UK’s Pioneer Underwriting to Launch Professional Indemnity Team July 24, 2012 Pioneer Underwriting, which conducts business in partnership with Liberty Syndicates, has launched a new specialty unit, Pioneer PI that will...
AIR Expands Suite of Catastrophe Models for Australia July 24, 2012 Catastrophe risk modeling firm AIR Worldwide announced the expansion of its suite of catastrophe models for Australia “with the release...
Flood Risks Rampant across Asia’s Factory Zones; Insurers Concerned July 23, 2012 By Clare Baldwin and David Fogarty Global insurance companies are struggling to get a grip on their flood exposure in Asia nearly a year after one...