Global Commercial Market Firmed in Q2: Marsh July 18, 2012 Editor’s Note: A previous story on a Marsh report on the U.S. Commercial Market was from 2011 and ran in...
Long Term Care Liability Loss Rate Expected to Grow: Aon July 18, 2012 Long term care liability loss rates and claim severity have reached an eight-year high and are expected to grow steadily...
Former Lloyd’s Head Lord Levene Named Starr International Vice Chairman July 18, 2012 Lord Peter Levene, former chairman of Lloyd’s of London, has been appointed a director and vice chairman of the global...
RSA Updates Earnings Forecast after UK Weather, Italian Quake Losses July 18, 2012 UK-based RSA has issued a bulletin following “the wettest June on record in the UK.” RSA said it expects a...
Geneva Association Survey Targets ‘Inappropriate Regulation,’ Economic Crisis July 18, 2012 A bulletin from the insurance think tank The Geneva Association notes that “leaders of the insurance industry have significant concerns...
China Reinsurance Company Licenses AIR’s Suite of Cat Models July 18, 2012 Catastrophe risk modeling firm AIR Worldwide announced that China Property & Casualty Reinsurance Company Ltd. (CPCR) has licensed its typhoon,...
EXCLUSIVE – Somali Pirate Kingpins Enjoy ‘Impunity’ Say UN Experts July 18, 2012 Somalia’s president has shielded a top pirate leader from arrest by issuing him a diplomatic passport, according to a United...
Australian Woman Wins Multi-million Thalidomide Payout from Diageo July 18, 2012 An Australian woman has won a multi-million dollar payout from UK Company Diageo Plc, the local distributor of the drug...
Iran Offers to Insure Foreign Ships to Skirt EU Ban July 18, 2012 Iran said it would insure any foreign ships that enter its waters, in an effort to skirt a European Union...
GSR Introduces New Liability Insurance Package for Energy Consultants July 18, 2012 By Newswire Global Special Risks (GSR), part of RSG Underwriting Managers, LLC, has launched a new liability package policy for energy consultants...