Articles by Stephanie Denton
BMS to run London market, US and Bermuda operations on Sequel
Specialist broker BMS Group has chosen Sequel to run its insurance and reinsurance broking systems in the US, Bermuda and the London market.
Global warming to lead to stronger tropical cyclones
Scientists predict that global warming is likely to lead to stronger tropical cyclones, but that the overall global frequency of tropical storms and hurricanes is likely to decrease.
Ace expands its surety practice into continental Europe
Ace Group has appointed Luc Reuter as senior vice president and head of surety, Europe as the firm expands its international surety capabilities into its continental Europe region.
Italian motor policies five times those of European average
Third-party car insurance policies in Italy are five times more expensive than the European average.
German police recruit sniffer dogs to tackle arson claims
German police have recruited specially trained sniffer dogs that can track down chemicals used to deliberately start fires after a massive rise in insurance claims.
Italy misses opportunity to open PI market with compulsory legislation delay
Italy has postponed the introduction of compulsory professional indemnity for professional bodies just days before implementation was due.
Wu replaced on CNinsure board by Shang
CNinsure has confirmed the resignation of Shangzhi Wu from the company's board of directors following the expiration of his tenure and the appointment of Xiaojun Shang, effective 24 August.
Uniqa posts earnings up 43.2%
The Uniqa Group has posted first-half earnings before tax up 43.2% to €106.5m (2011: €74.4m).
Hong Kong tops IPMI inflation at 12.7%
International private medical insurance premiums are rising at an average rate of 10.8% annually, according to a new report.
Zurich launches major UAE marketing campaign to raise GI profile
Zurich has launched a major new marketing campaign to support its suite of personal insurance products in the United Arab Emirates.
TMNF has superior rating as key earning source for Tokio Marine
Tokio Marine and Nichido Fire (Japan) has had its financial strength rating affirmed at A++ (Superior) and issuer credit rating at aa+.
Helvetia increases shareholding in Nationale Suisse
The Helvetia Group has given notice to the Swiss Stock Exchange that Helvetia Beteiligungen AG has taken over a share package from Basler Kantonalbank in the Swiss National Insurance Company (Nationale Suisse) amounting to 7.69%.
JLT Re plans continued expansion in Asia
JLT Reinsurance Brokers is continuing expansion of its operations in Asia with a particular focus on China.
Strong risk-adjusted capital sees Abu Dhabi rating at A (Excellent)
Abu Dhabi National Insurance Company has had its financial strength rating confirmed at A (Excellent) and issuer credit rating of “a”. The outlook for both ratings remains stable.
Ping An Group sees 9.4% growth in net profit
Ping An Insurance Company of China has maintained growth above the industry average amid complex economic and market environment for the first half of 2012.
Typhoon Tembin headed for Taiwan
Typhoon Tembin, the 14th typhoon of the 2012 Pacific season, is heading slowly for southern Taiwan, and is expected to make landfall today.
Oman Insurance outlook revised to stable after 'robust underwriting'
The Oman Insurance Company PSC (United Arab Emirates) has had its outlook revised from negative to stable after a robust underwriting performance.
Middle East Insurance Company achieves rating of 'B++'
Middle East Insurance Company has had its financial strength rating of B++ (Good) and the issuer credit rating of “bbb”, with stable outlooks.
European results poll
How is European results season going?
13% growth in CEE helps VIG Group profit grow 7%
The Vienna Insurance Group has posted a 7% increase in profit for the first half of 2012 compared to 2011, helped by a 13% growth in profit from Central and Eastern Europe.
CNinsure moves to e-commerce as H1 costs rise by 32%
Chinese intermediary CNinsure Inc is changing its long-term strategy to include a focus on e-commerce after its half year results saw costs grow by 32.1%.
Motor claims account for 50% of compensation paid by Taiwan insurers
Taiwanese general insurers paid out compensation of over NT$29.5bn ($983.3m) in the first half of 2012, up 10% year on year according to the Taiwan Insurance Institute.
Bangkok Insurance to sell products in Laos and Cambodia
Bangkok Insurance has confirmed plans to sell its products in Laos and Cambodia in preparation for the region's economic integration in 2015.
ITAS Mutua rating affirmed at 'BBB'
Italian insurer ITAS Mutua's has had its insurer financial atrength rating affirmed at 'BBB' with a negative outlook.