Chartis CEO Says Europe Still Safe; Insurer Seeks ‘Value Over Volume’ October 3, 2011 By Ben Berkowitz AIG’s global property and casualty insurer Chartis continues to see opportunities in Europe despite the sovereign debt crisis, the chief...
Ratings Recap: Rembrandt, XL (notes) October 3, 2011 A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit...
Record Numbers Attend FERMA Conference in Stockholm October 3, 2011 By Charles E. Boyle the bi-annual conference of the Federation of European Risk Management Associations (FERMA) got under way at 9:00 sharp in Stockholm’s...
Hurricane Ophelia Sweeps Past Bermuda, Heads North October 3, 2011 Hurricane Ophelia swirled to the east of Bermuda Saturday, whipping up showers, thunderstorms and surf on the British overseas territory...
Shell Singapore Refinery May Shut for a Month; Distillates Force Majeure September 30, 2011 By Francis Kan and Yaw Yan Chong Royal Dutch Shell’s Singapore refinery may remain shut for at least a month, industry sources said, and the company declared...
Global Insurance Rates Flat Overall in Q3 Says Marsh September 30, 2011 Insurance rates are rising for property in high-risk areas, while rates are falling for many lines of professional insurance, leading...
Climate Aid Progress May End Kyoto Rancor September 30, 2011 By Gerard Wynn U.N. climate talks resume in Panama next week, but expect more action in Cape Town 10 days later, where an...
Ex- Swiss Re CEO Coomber Named as New ClimateWise Chairman September 30, 2011 ClimateWise, the global insurance industry’s leadership group on climate change, announced that John R. Coomber, Swiss Re’s former CEO and...
Typhoon Nesat Hits Hainan Island, China Mainland; AIR Analysis September 30, 2011 Catastrophe modeling firm AIR Worldwide’s latest bulletin on Typhoon Nesat notes that it “made landfall as a moderate Category 1...
North P&I Club, GRAY PAGE to Vet ‘Armed Maritime Security Providers’ September 30, 2011 The North P&I club announced that it has joined forces with specialist maritime intelligence, investigation and crisis management company GRAY...