Irish ‘Yes’ Vote Assures Continued Support; Euro Zone Crisis Still Weighs June 5, 2012 By Charles E. Boyle Ireland held a referendum on Thursday, May 31 – a straight yes or no vote on whether the country would...
Global Downturn Puts Investors, Companies in Retreat June 5, 2012 By Steven C. Johnson Gripped by fears that Europe’s debt crisis is driving the world economy into a ditch, companies are delaying plans to...
Chinese Drivers Pose Fresh Risks for Foreign Insurers June 5, 2012 By Clare Baldwin and Alison Leung “People like us who buy Ferraris don’t care too much about insurance because we buy cars for speeding,” said Li,...
Olympic Travel Leads to Surge in Travel Insurance Sales June 4, 2012 The 2012 Summer Olympics have provided a welcome boost for airlines, hotels and other travel suppliers that will benefit from...
W. R. Berkley Receives FSA, Lloyd’s Approval for Syndicate Management Change June 4, 2012 W. R. Berkley Corporation announced that the U.K. Financial Services Authority (FSA) and Lloyd’s of London have approved W.R. Berkley...
Hagerty Classic Car Insurance Now Available to Canadian Brokers June 4, 2012 Hagerty Insurance Agency, the specialist provider of collector vehicle insurance, announced that as of April 24, 2012 its subsidiary, Hagerty...
Willis Global Launches New Platform for Sector Growth June 4, 2012 Willis Global, the London headquartered reinsurance, specialties and wholesale arm of Willis Group Holdings, announced a series of what it...
Generali Directors Oust Group CEO Perissinotto; Zurich’s Greco to Take Post June 4, 2012 The Board of Directors of Italy’s Assicurazioni Generali announced that they had decided “by a majority to revoke the powers...
Europe, U.S. Agree on Streamlining Air Cargo Safety June 1, 2012 The European Commission and the U.S. Transport Security Administration have agreed to recognize each other’s air cargo security regimes, a...
S&P to Factor Country Risk into Insurance Ratings June 1, 2012 Standard & Poor’s will change the way it assigns global ratings to insurers, in part to increase the consideration of...