Willis Sees Threats on Horizon for Booming Latin American Energy Industry October 10, 2012 “The booming Latin American energy industry is not insulated from the threat of a euro zone collapse or hostilities in...
Best’s Report on Spanish Non-Life Sector Finds Profits, Future Challenges October 10, 2012 “The Spanish non-life insurance sector remained profitable in 2011, but growth remains challenging, as it continues to face one of...
India’s Battered Insurers May Need More than Foreign Investment October 10, 2012 By Clare Baldwin and Sumeet Chatterjee India’s proposal to allow more foreign investment in its $41 billion insurance business provides a lifeline for an industry starved...
Barclays Bank Shows Retail Intent with Takeover of ING Direct October 10, 2012 By Anjuli Davies and Steve Slater Barclays’ new chief executive set the course firmly towards retail banking on Tuesday with his first deal since replacing Bob...
Services Trade Talks Begin as WTO Seeks Way out of Stalemate October 9, 2012 By Tom Miles Countries representing 70 percent of the global economy are set to negotiate lower barriers to trade in services after agreeing...
Best Special Report Sees China as a Market in Transition October 9, 2012 “The Chinese insurance market is in a state of transition: after a period of rapid expansion, the market must now...
Big Brazil Health Insurance Deal May be Tough to Replicate October 9, 2012 By Brad Haynes With a $4.9 billion takeover of Brazil’s biggest healthcare provider, UnitedHealth Group appears to have snatched the crown jewel in...
Former QBE CEO O’Halloran to Join Australia Broker Steadfast Group October 9, 2012 QBE’s former CEO Frank O’Halloran’s retirement didn’t last long. Following discussions with the company he headed until last August, it’s...
Ratings Recap: Leadway, ICON Re, Montpelier Re (Notes) October 8, 2012 A.M. Best Europe – Rating Services Ltd. has revised the outlook to negative from stable and affirmed the financial strength...
Best Affirms Sirius International Group’s Ratings; Outlook Stable October 8, 2012 A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer...