War Veteran Turned Banker is China’s New Insurance Regulator October 31, 2011 By Terril Yue Jones Xiang Junbo, the man named on Saturday to be China’s insurance regulator, recently led the country’s third-largest lender from near...
UK PM Seeks Law Change to Allow Armed Guards on British Vessels October 31, 2011 UK Prime Minister David Cameron announced plans to amend British law to allow UK registered vessels to employ armed guards...
BrokersLink Adds 8 New Members October 31, 2011 BrokersLink, a major independent international insurance broker network, announced that new brokers had joined the organization in Israel, Indonesia, South...
Fairfax’s Watsa Sees More Turmoil; Maintains Hedges October 28, 2011 By Cameron French Fairfax Financial Holdings is maintaining its market hedges due to concerns about the global economic outlook and in spite of...
PartnerRe Details Cat Loss Estimates; $169 Million in Q3 October 28, 2011 Bermuda-based PartnerRe Ltd. has issued a statement indicating that it has “experienced no individual loss events occurring during the third...
Brokers Flock to Sign up for London Market’s Electronic Trading ‘e-Accounts’ October 28, 2011 The London market’s ambition to enable brokers to trade globally with it more easily has taken a significant step closer...
Best Affirms Munich Re, Subsidiaries, Munich Re America ‘A+’ Ratings October 28, 2011 A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-”...
Thai Floods Batter Global Electronics, Auto Supply Chains October 28, 2011 By Ploy Ten Kate and Chang-Ram Kim Manufacturers of car parts and computer hard drives are the worst hit in Thailand, and face a bleak key holiday...
Markets Cheer Euro Deal But Questions Remain October 27, 2011 By Julien Toyer and Luke Baker The euro and stocks rallied on Thursday after European leaders struck a deal to provide debt relief for Greece, but...