Insuring the Olympic Games: Major Risks, Much Secrecy, Heavy Coverage April 18, 2012 By Charles E. Boyle One hundred days to go before the 2012 Olympic Games open in London. As that day moves closer, preparations, which...
Is Marine Insurance the Stranglehold on Iran? April 18, 2012 By Clare Baldwin and Osamu Tsukimori Marine insurance, or lack of it, may yet turn out to be the most effective sanction used by Western nations...
Japan P&I Club Ship Insurer Sets New Rules on Iran Oil Transport April 11, 2012 By Osamu Tsukimori Ship owners covered by Japan P&I club must alert the maritime insurer in advance of any plans to transport Iranian...
China P&I Club to Stop Indemnity Coverage for Tankers with Iran Oil April 5, 2012 By Randy Fabi Key ship insurer, China P&I Club, will halt indemnity coverage for tankers carrying Iranian oil as of July amid tightening...
ABI, UK Government, BIBA Team up to Help Older People Find Insurance April 4, 2012 A bulletin from the Association of British Insurers states that “older customers will find it easier to get motor [auto]...
$370 Billion Econ. Losses for 2011; $116 Billion Insured, Says Swiss Re March 28, 2012 By Charles E. Boyle Although everyone is more or less aware that 2011 was a very bad year for losses from natural catastrophes, the...
EU Agrees to Some Iran Oil Insurance Exemptions – Until July March 23, 2012 By Justyna Pawlak The European Union will allow some insurance on Iranian oil shipments before its full embargo starts on July 1, member...
ABI Warns UK Homeowners of Subsidence Risks from Drought March 14, 2012 The Association of British Insurers (ABI) is urging homeowners not to worry unnecessarily, but to be aware of the ongoing...
Willis Global Solutions CEO Chides Industry for Failures on Reputation Risk February 21, 2012 Phil Ellis, the CEO of Willis Global Solutions Consulting Group, called on the insurance industry “to innovate rapidly to address...
ABI Warns of Increased Flood Risks in England and Wales February 1, 2012 The Association of British Insurers (ABI) has warned that the flood risk faced by communities in political constituencies across England...