Low Interest Rates: an Ongoing Problem for the Re/insurance Industry September 12, 2012 By Charles E. Boyle Swiss Re’s sigma report analyzing the effect on the insurance industry of the continuing low interest rates doesn’t paint a...
IMF Says Benefits of Global Financial Reform Outweigh Costs September 11, 2012 By Alexandra Alper Tough new global financial rules will nudge up credit costs, but the slight drag they will place on major economies...
Mapfre to Provide Travel Insurance to African Airline Passengers September 11, 2012 International insurer Mapfre Assistance has agreed to provide travel insurance to all passengers of ASKY Airlines. The airline, with headquarters...
U.S. Is Leader in Merger, Acquisition Activity Worldwide: Clyde & Co. September 11, 2012 Merger and acquisition trends in the United States trended upward from 2009 to the first half of 2012, a new...
OneBeacon Technology Names Morrison AVP, International September 11, 2012 OneBeacon Technology Insurance (OBTI), a member of OneBeacon Insurance Group, appointed Duncan Morrison as assistant vice president – International. In...
U.S. Regulators Add Tool to Track Insurers Operating Globally September 11, 2012 State insurance commissioners in the U.S. have agreed to adopt a code that helps track insurers doing business in multiple...
Reinsurance Industry Exhibits Stability: Aon Benfield September 11, 2012 In the past 12 years, only eight reinsurers have been declared insolvent despite paying claims of more than $150 billion...
Worth Named CFO at Aspen September 11, 2012 Aspen Insurance Holdings Ltd. in Bermuda has appointed John Worth as group chief financial officer of the company, effective Nov....
Tropical Storm Leslie Brushes Bermuda, Heads Northeast to Newfoundland September 10, 2012 The core of Tropical Storm Leslie passed 120 miles (200 km) east of Bermuda, bringing sustained winds of 39 mph...
Survivors of Earthquakes in Southwest China Await Relief September 10, 2012 Survivors of a series of earthquakes that killed 81 people and injured more than 800 in a mountainous area of...