WikiLeaks Cables Show China Regulator Intervened as AIG Crumbled March 11, 2011 By Ben Berkowitz U.S. officials believe China’s insurance regulator passed on proprietary information about AIG to its Chinese rivals during the American firm’s...
Insurers’ Share Prices Fall on Japan Earthquake News March 11, 2011 By Simon Jessop Shares in European insurers and reinsurers fell sharply in early trading on Friday after Japan was hit by a massive...
Guy Carpenter Selected as New CCRIF Placing Broker March 11, 2011 The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has announced the appointment of Guy Carpenter & Company, LLC as the new...
UPDATE-2 Huge Quake Triggered Tsunami Kills 100’s in Japan; Pacific on Alert March 11, 2011 By Chisa Fujioka and Elaine Lies The biggest earthquake on record to hit Japan rocked its northeast coast on Friday, triggering a 10-meter |33 foot] tsunami...
Lloyd’s Opens New Office in Rotterdam March 10, 2011 Lloyd’s described the opening of its new office in the Dutch port city of Rotterdam as “embracing its marine roots.”...
Ratings Roundup: Arab Union, GBG March 10, 2011 A.M. Best Europe – Rating Services Limited has placed under review with negative implications the financial strength rating of ‘B’...
Damage Claims Threaten Munich Re’s 2011 Profit Goal March 10, 2011 Heavy damage claims from an earthquake, floods and a storm this year will put Munich Re’s full-year profit goal at...
Catlin’s preliminary NZ Quake Loss Estimates app. $125 million March 10, 2011 The Bermuda-based Catlin Group Limited announced a preliminary estimate of the financial impact of the February 22nd earthquake, which occurred...
XL Estimates NZ Quake Losses at $70 to $85 Million March 10, 2011 XL Group plc has announced preliminary net loss estimates for the earthquake that struck Christchurch, New Zealand on February 22,...
Aon Risk Solutions Beefs Up, Restructures UK Professions Team March 10, 2011 Aon Risk Solutions, the global risk management business of Aon Corporation, announced that it has appointed new leaders for its...