Articles by Stephanie Denton
Taiwan's insurers urged to stop lending securities for shorts
Taiwan’s regulators have urged insurers to stop lending securities to short sellers seeking to bolster equities after the Taiex Index slumped.
UNIQA Austria expects full year losses of €300m
UNIQA Group Austria has revealed losses of €181m for the first nine months of 2011 due to significant significant one-off effects of write-downs of Greek government bonds and investments in the restructuring of the group.
Thai flood supply chain losses could reach $20bn
The majority of insurance losses from the Thai floods will come from manufacturing and supply chains and could reach $20bn according to AM best.
Softer capital charges for bonds positive for European insurers
European Commission proposals to lower capital charges for longer-dated unsecured corporate and financial institution bonds should mitigate the capital flight from these asset classes that is a likely side-effect of Solvency II, says to Fitch Ratings.
Hungarian insurance market down by 2% in Q3 2011
Total underwritings' volume of the Hungarian insurance market stood at HUF 623.4b (E2.1b), 2.2% less than in Q3 2010 by the end of September 2011.
RSA's CFO quits to join Lloyds Banking Group
George Culmer, director and chief financial officer of RSA has resigned to take up the position of group finance director of Lloyds Banking Group.
Allianz makes leap into space travel
Allianz Global Assistance will accompany future space travellers before, during and after their space flight with bespoke space travel insurance.
Marsh first Manx chartered broker
Marsh has become the first Manx insurance broker to achieve chartered insurance broker status from the Chartered Insurance Institute.
Willis Group appoints CEO of Global Analytics
Willis Group Holdings has appointed Rowan Douglas as chief executive officer of Global Analytics.
Argo International appoints head of casualty treaty reinsurance
Argo International, a specialist Lloyd’s insurer and subsidiary of Argo Group International Holdings, has appointed Stuart Dale as head of casualty treaty reinsurance.
JLT Re recruits MD for Asia Pacific expansion
JLT Reinsurance Brokers has appointed Stuart Beatty as managing director, Asia Pacific, JLT Re Fac.
Insurance Insight Update - 11 November
Insurance Insight’s weekly update is live with an article the biggest man-made disaster in Cypriot history; and a blog on why more education is needed in the Middle East.
Gothaer's IFS affirmed at 'A'
Gothaer Allgemeine Versicherung AG's and Gothaer Lebensversicherung AG's have had theit insurer financial strength ratings affirmed at 'A' and long-term issuer default ratings at 'A-'.
Ace launches multi-national practice in Continental Europe
Ace has created a new practice designed to meet the needs of multinational companies that are based or operating in Continental European countries.
Vienna Insurance appoints new head of investor relations
Vienna Insurance Group has appointed Nina Higatzberger as head of investor relations.
Groupama mulls possible sales option
Groupama is believed to be investigating the option of selling a stake in the company or assets to outside investors in an attempt to strengthen its capital and restore its solvency margin.
EIOPA launches public consultation on Solvency II
In order to facilitate the preparatory work of insurance and reinsurance undertakings for Solvency II, the European Insurance and Occupational Pensions Authority has opened a public consultation with regards to supervisory reporting & public disclosure…
Markel appoints chief representative for China
Markel has appointed Steven Zhang as chief representative for Markel China.
Coface achieves 'AA-' rating and stable outlook
The major insurance entities of the Coface group has all received insurer financial strength ratings at 'AA-'.
BWise and LiBi to join forces in Israel
BWise, governance, risk and compliancemanagement software solutions specialist, has entered into a partnership agreement with business intelligence firm LiBi Software Technology in Israel.
XL launches D&O cover for 21st Century
XL Group has introduced new policy wording designed to protect directors and officer from 21st Century risks.
European conditions challenging for JLT
Jardine Lloyd Thompson Group has reported it remains on track to achieve its objectives and deliver year-on-year financial progress.
Helvetia Insurance Switzerland finally integrates Alba and Phenix
One year after takeover, Helvetia Switzerland is finalising the legal merger with its subsidiaries Alba and Phenix as announced on 1 November 2010.
Insurance Insight November
Insurance Insight November is now live with an article on The European Commission’s consultation on natural catastrophes; a look the challenges the life sciences sector is facing; and an interview with Jorge Luzzi, president of Ferma.