Articles by Stephanie Denton
Risk management linked to good corporate performance
Maturity of risk management processes is correlated with sustainable improvements in corporate performance, according to the 2012 Risk Management Benchmarking Survey of the Federation of European Risk Management Associations.
Generali Deutschland implements automated ERM platform for compliance
Generali Deutschland is using an automated workflow enterprise risk management solution for reporting and compliance activities.
Ergo to cut 600 jobs over three years
German insurer Ergo Versicherungsgruppe, a unit of reinsurer Munich Re AG, will cut 200 back-office positions every year for the next three years.
UK GI market under pressure to focus on pricing
Market conditions for UK non-life insurers remain challenging as the difficult economic environment curbs demand for cover and insurers can no longer rely on reserve releases to improve profitability.
Indonesia to see steady premium growth in 2012
Indonesia's life and non-life insurance sectors are in a stable position, underpinned by a developing domestic market, sustainable growth in premiums and strengthening regulatory requirements.
Religare Health Insurance opens for business in India
Religare Health Insurance has launched as a standalone health insurance player in the Indian market.
Lemma Insurance Company downgraded
Lemma Insurance Company of the Ukraine has had its issuer credit rating downgraded to 'bb' from 'bb+' and its financial strength rating of B (Fair) affirmed. The outlook for both ratings has been revised from stable to negative.
Automated weather stations bring low-cost insurance to Rwanda's farmers
As Rwandan farmers face increasingly erratic rainfall, Swiss Re has helped with the launch of an innovative programme that uses automated weather stations to provide low-cost insurance to protect farmers' loans for high-yielding seeds, fertilisers and…
Report finds opportunities for commercially viable rural livestock cover
Technological improvements and growing demand offer hope for "commercially viable and welfare-enhancing livestock insurance", despite early failures, according to a report by the International Labour Organisation and the Munich Re Foundation.
AIA's acquisition of ING will have no affect on rating
The national insurer financial strength rating with stable outlook for American International Assurance Company and its Thailand branch will not be affected the company's planned purchase of ING Malaysia.
European insurers withdraw cover for Iranian oil storage
Two European insurers have withdrawn cover for tankers storing Iranian oil, according to documents seen by Reuters.
Lord Mayor of London welcomes Indian FDI decision for UK firms
Opening India's insurance sector will bring in more capital to the under-capitalised sector, according to the Lord Mayor of London.
Ghana Agricultural Insurance Pool makes first payment to farmers
One hundred and thirty six farmers in the northern region of Ghana have become the first beneficiaries of payments from the drought index insurance product under the Ghana Agricultural Insurance Pool.
HDI-Gerling takes 26% stake in Indian Magma ready for FDI increase
German insurance company HDI-Gerling has paid four times premium on Rs26 crore for its 26% stake in Indian firm Magma HDI General Insurance Co with a commitment of raising the holding to 49% when the government allows it.
German non-life insurers' focus on rates improves profitability
The German non-life insurance market has proved to be resilient, seeing growth in 2011 and a robust 2012.
FATCA approach provides certainty, says Guernsey Finance
Guernsey Finance has welcomed the announcement from the island's government that it is seeking to negotiate a partnership agreement with the US to implement the Foreign Account Tax Compliance Act.
Gerlach joins Uniqa's Romanian board
The Romanian subsidiary of Uniqa, Uniqa Asigurari de Viataum, has appointed Wolf-Christoph Gerlach to the new position of chief operating officer.
Amlin's Beale joins LMA board
Simon Beale, Amlin's chief underwriting officer, has joined the board of the Lloyd's Market Association.
Catlin appoints Maran as chief science officer
International speciality property/casualty insurer Catlin Group has appointed Michael Maran as chief science officer.
Cooper Gay offers free RM and BC service to terrorism clients
Intermediary Cooper Gay & Co is offering a free crisis management and business continuity consultation to its terrorism and political risks policyholders.
ALC Health launches claims monitoring service for customers
International private medical insurance provider ALC Health has launched an online member service that allows policyholders to check details as well as submit, manage and monitor claims 24 hours a day.
Kalista offers parametric catastrophe trigger for property
Bermuda-based Kalista Global has launched a property insurance product ahead of the January renewals with specific parametric catastrophe triggers to ensure savings.
Legal services insurers in pole position to meet new generation's needs
Insurers are ideally placed to take advantage of the changing market environment, according to the new president of the International Association of Legal Protection Insurance (RIAD).
Japanese insurers cease China riot cover
Some Japanese insurers are believed to have stopped covering firms against riots in China.