Articles by Jonathan Swift
Lloyd's reveals Superstorm Sandy claims could hit $2.5bn
Lloyd's has announced today that its estimated net claims before tax from Superstorm Sandy are between $2bn and $2.5bn.
Aviva ends legal battle over Spanish JV Aseval
Aviva has reached a settlement with Bankia regarding their Spanish joint venture, Aseval. The agreement marks the end of legal proceedings between the two firms.
Cooper Gay recruits ex-Aon director as part of Asia push
Cooper Gay has appointed David Yip as head of treaty for Cooper Gay Hong Kong as part of an expansion drive in Asia.
Allianz fined $12.4m by SEC for improper payments in Indonesia
The Securities and Exchange Commission has charged Allianz SE with violating the books and records and internal control provisions of the Foreign Corrupt Practices Act for improper payments to government officials in Indonesia during a seven-year period.
Lloyd's insurer Kiln recruits Zking manager Jin to lead Shanghai JV
Kiln has appointed Gu Jin to lead its new venture with Lloyd's Insurance Company (China) in Shanghai.
IAG sets sights on Asia growth after UK sales
Insurance Australia Group announced the sale of all its UK operations today as the company aims to strengthen its footprint in Asia.
Islamic microfinance highlighted as only "viable" solution to global poverty
Islamic microfinance is the only viable way of alleviating poverty around the globe.
Mutuals outgrow insurance market, says new research
The period between 2007 and 2011 saw premium income for the world's mutual and cooperative insurers grow by 25.4%, compared with 12% for the insurance market as a whole.
South Korean regulator voices concerns over local insurer solvency
The South Korean regulator has advised local insurers to increase their capital base.
Marsh launches 12th global energy hub in Mumbai
Marsh has launched its 12th global energy hub in Mumbai to serve the risk and insurance needs of the growing oil and gas sector in the region.
Asia-Pac insurance technology growth expected to dwarf "pedestrian" Europe
Asia Pacific insurers will increase technology spending by 8% to $18.2bn in 2013, according to a new report.
'Stabbed' insurance boss Rüther backtracks on attack
The German insurance boss who claimed to have been stabbed amid speculation of a possible takeover has admitted that no such attack took place.
Post Claims Club chair's monthly missive: whiplash, flooding and nappy changing
Apologies for my tardiness with regards the lack of a November blog, but I was otherwise engaged with the birth of my first child.
Post acclaimed as the insurer trade publication of choice
Post won Financial Trade Publication of the Year at the 2012 Association of British Insurers' Financial Media Awards last night.
Munich Re Foundation report highlights 200% rise in microinsurance
A new study of African microinsurance markets, published by Making Finance Work For Africa and Munich Re Foundation, found that the number of low-income households benefiting from insurance services has grown by over 200% in three years to more than 44…
Allianz raises profit expectations for 2012
Allianz has raised its 2012 full-year operating profit expectations to over €9bn, assuming a normal business development during the rest of the year.
Sri Lankan minister moves to appease privatisation fears over state insurer listings
State-run insurers in Sri Lanka will be listed at the Colombo Stock Exchange by 2016, it was announced in parliament.
Chinese P&C premiums up almost 15% in first nine months of 2012
China's insurance premiums hit ¥1.21tn (£118bn) in the first nine months of the year, up 7.3% from the same period last year, according to the China Insurance Regulatory Commission.
Post Claims Club chairman's monthly missive: Grease, avocets and penguins
Given the time of year, surge plans are at the forefront of claims professionals' minds. However, baby names have been at the top of my agenda.
Reinsurers have appetite for Asia-Pac business despite 2011 losses
The first three quarters of 2012 have proved relatively benign in terms of Asia Pacific insured catastrophe losses, according to a new Guy Carpenter report.
Allianz boss hails "important" 10-year Asian bancassurance deal with HSBC
Allianz and HSBC have signed a 10-year exclusive bancassurance distribution agreement in Asia.
HKFI sets up task force as second round of regulation consultation begins
The Hong Kong Federation of Insurers has welcomed the second-round consultation on the proposed establishment of an independent insurance authority.
Mapfre reports 44.8% growth in Brazil in Q3 2012 results
Mapfre has reported revenues of €19.4bn for the first nine months of 2012, a 10.5% rise compared with the same period last year.
Ferma working party sets out timetable for European risk management certificate
The Federation of European Risk Management Associations intends to announce a definite plan for the European certification of risk managers at the Ferma Risk Management Forum in September 2013.