China Eases Access to Insurance, Travel industries September 24, 2012 By Joe McDonald China has eased restrictions on foreign companies in parts of its insurance, travel and delivery industries in a possible effort...
Insurers Face Tougher Times as Somali Piracy Drops September 21, 2012 By Jonathan Saul and Myles Neligan A dramatic fall in pirate attacks off the Somali coast is forcing down the cost of piracy insurance for commercial...
ACE Appoints Ashley, Henderson, Cassidy to Bermuda Reinsurance Unit September 21, 2012 ACE has announced three appointments in its ACE Tempest Re Bermuda reinsurance unit: Wayne Ashley as Chief Underwriting Officer, International;...
Ageas to Acquire Groupama Insurance (UK) September 21, 2012 Dutch-Belgian insurance group Ageas (the successor to Fortis) has confirmed that it has signed an agreement, through its UK subsidiary,...
Boisseau Named to AXIS Capital Board; Charman Resigns Seat September 21, 2012 Bermuda-based AXIS Capital Holdings Limited announcedthat its Board of Directors has appointed Jane Boisseau as a member of the Board,...
WTO Cuts 2012 Global Trade Growth Forecast to 2.5% September 21, 2012 By John O'Callaghan World trade will grow by a mere 2.5 percent this year, dragged down by Europe to less than half of...
XL Group Opens New Insurance Office in Lyon France September 20, 2012 XL Group plc’s insurance operations announced the opening of a new office in Lyon , France and the appointments of...
Willis Opens New Office in Malta September 20, 2012 Willis Group Holdings plc has opened a new office on the island of Malta, which it said is “to serve...
Ratings Recap: Emirates, Sorford, BF&M, Unity Re September 20, 2012 A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating...
U.S., Trade Allies Push for International Services Talks September 20, 2012 By Doug Palmer A proposed international agreement to reduce barriers to trade in service sectors ranging from banking to telecommunications [including insurance] would...