How Iran’s Main Oil Buyers Deal with Insurance Sanctions August 30, 2012 Insurance companies based in the EU are not allowed to provide cover for ships that carry Iranian cargo. The EU...
ANV Syndicate Opens Accident & Health Underwriting Operations August 30, 2012 The newly acquired Lloyd’s ANV Syndicate announced the opening of its Accident and Health (A&H) business. The business was “previously...
CCRIF Reports Minimal Damage; No Payouts Due from TS Isaac August 30, 2012 The Caribbean Catastrophe Risk Insurance Facility has reported that, while some of its members were impacted by tropical storm Isaac,...
Willis Exec Comments on Russia Joining WTO August 30, 2012 A note from Willis Group Holdings features comments from Ann Longmore, Executive Vice President of Willis’ Executive Risks practice, who...
Willis to Open 22nd China Office in Harbin August 29, 2012 Willis China, part of Willis Group Holdings, announced that the Chinese Insurance Regulatory Commission (CIRC) has granted approval for it...
Tropical Storm Bolaven Makes Landfall in North Korea: AIR Analysis August 29, 2012 By Charles E. Boyle According to catastrophe modeling firm AIR Worldwide, after weakening to borderline tropical storm/typhoon strength (120 km/h [75 mph] 10-minute sustained...
Guy Carpenter Report Finds Lloyd’s Seeking to Improve ‘Competitiveness’ August 29, 2012 A new report on the Lloyd’s insurance market by Guy Carpenter & Co. finds that “Lloyd’s is looking to improve...
NHC Tracking TS Kirk August 29, 2012 While most of the attention is focused on Hurricane Isaac, the National Hurricane Center in Miami is also tracking Kirk,...
Swiss Re Corporate Solutions Opens Netherlands for Benelux Market August 29, 2012 Swiss Re Corporate Solutions announced that it has opened an office in Amstelveen, the Netherlands, to “reinforce its presence in...
Montpelier Re Names Downey Global Casualty, Specialty Treaty Head August 29, 2012 Montpelier Reinsurance Ltd., the Bermuda-based subsidiary of Montpelier Re Holdings Ltd., announced that it has named Christopher Downey as Head...