Latest Analysis Concludes Foreign Insurers Missing Out on China Party December 7, 2011 By Samuel Shen and Kazunori Takada Ten years ago, foreign insurers were lining up to celebrate China’s entry into the World Trade Organization, eager to tap...
Chinese Court Rejects Apple Lawsuit over iPad Name December 7, 2011 A court in southern China has rejected a lawsuit by Apple Inc, accusing a Chinese technology company of infringing its...
Aon Benfield Monthly Cat Report: Thai, Europe Floods Costly for Insurers December 7, 2011 Aon Benfield’s Monthly Cat Recap report, which reviews the natural disaster perils that occurred worldwide during November, concludes that insured...
Natural Disaster in China Would Severely Disrupt Global Supply Chains December 7, 2011 A natural catastrophe in China on the scale of the 2011 Japan earthquake and tsunami would have an even more...
Starr Sets up Global Casualty Practice December 6, 2011 Starr Companies has formed a Global Casualty Insurance Practice to provide underwriting for Starr’s general casualty insurance products. The new...
Swiss Re sigma Report Highlights Progress in P/C Product Innovation December 6, 2011 A new sigma report, “Product innovation in non-life insurance,” from Swiss Re underscores the conclusion that there’s “much more to...
Swiss Re Estimates Thai Flood Claims at $600 million; Subject to Uncertainty December 6, 2011 Swiss Re has estimated its claims costs from severe flooding in Thailand at $600 million, after intense rainfall caused hundreds...
RSA Names Slingsby Global Program Director-Global Specialty Lines December 6, 2011 RSA announced the appointment of Steve Slingsby as Global Program Director for Global Specialty Lines (GSL). He will work closely...
Panel Urges Legal Action in Damning Report on Japan’s Olympus December 6, 2011 By Mayumi Negishi and Yoko Kubota An independent panel urged legal action against executives who covered up a $1.7 billion accounting scandal at Japan’s Olympus Corp,...
Fleet of Ferraris Ruined in Japan Sportscar Pileup December 6, 2011 An outing of luxury sportscar enthusiasts in Japan ended in an expensive freeway pileup -smashing a stunning eight Ferraris, a...