Marsh
EMEA commercial market to remain stable in 2013
The insurance market across Europe, the Middle East and Africa is expected to remain broadly stable in 2013, according to Marsh's Insurance Market Report 2013.
Marsh forecasts 10% rate increases across Europe
European financial institutions can expect challenging conditions in 2013 amid ongoing concerns about the Eurozone and increased regulatory action, according to broker Marsh.
ProSight recruits former Guy Carpenter UK boss as chairman
Former Guy Carpenter UK managing director Mark Hewett has been named chairman of ProSight Specialty Underwriters with immediate effect.
R&Q outlines captive exit solution
Randall & Quilter Investment Holdings has effected a novation of policies from Guernsey-domiciled captive insurer SL Insurance to R&Q Insurance.
Plumeri rounds on contingent commissions
Outgoing Willis chief executive Joe Plumeri has criticised a resurgence in the payment of contingent commissions to brokers by insurer partners.
Ex-Aon director joins Kane as US MD
Kane has appointed Carlos Oliveras as managing director of Kane USA.
European environmental liability options
Environmental damage costs have hit the headlines in recent years and the European Commission is looking at the option of a fund to control them. But, as Sam Barrett finds out, the insurance industry is not the number one fan of this idea.
UK PMCs in Sri Lanka could find insurance invalidated
The Sri Lankan government's decision to mandate the use of offshore armouries could potentially invalidate UK private maritime security companies' insurance and affect their ability to win or retain security contracts from ship owners.
WEF report warns on 'collision course' of economic and environmental challenges
Ahead of its annual meeting in Davos, the World Economic Forum has warned that global economic problems risk sapping the ability to tackle pressing environmental challenges.
Catlin backs ticket cancellation product
Catlin is underwriting a ticket cancellation product for PH Hotels.
Global insurance rates firming 'slowed in Q4', says Marsh
Global insurance rates continued to firm in the last quarter of 2012, but at a slower rate than in the previous quarter, according to Marsh's global market briefing.
XL Group appoints Marsh's Lineham to political risk team
XL Group has appointed David Lineham to its political risk and trade credit team.
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.
Marsh becomes first global broker to gain chartered status
Marsh's UK operation has been granted chartered insurance broker status by the CII.
Average Adjusters' Association breaks with tradition with double committee admission
For the first time in its 140-year history, the Average Adjusters' Association has admitted up-and-coming professionals to its committee of management, which has previously been the preserve of fellows.
IRM chairman secures second term
Richard Anderson has been re-elected as chairman of the Institute of Risk Management's board of directors for a second one-year term.
Marsh to use Xuber core broking tools
Marsh has completed a deal with Xchanging to use its newly rebranded Xuber insurance software tools.
Market moves: No slowdown in recruitment for the insurance industry
Despite moving into December, the industry recruitment machine remained in full swing this week, with a string of appointments finalised across a range of market sectors.
Growing SMEs: Room to manoeuvre
Small businesses are often subject to rapid change and growth, and it is essential that brokers and insurers understand how radically their risk profiles can evolve.
Top five Asian news stories
The top five stories from www.insuranceinsight.com over the past seven days.
South heads to Asia Pacific to run enlarged Marsh business
Former Marsh UK chief executive Martin South has been appointed CEO of Marsh Asia-Pacific, following a restructure of its international regions, which also sees a dedicated leader brought in to head up an enlarged European operation.
Marsh reshuffles leadership of international divisions
Broker Marsh has combined its Asia and Pacific regions and appointed a dedicated leader for continental Europe, the commonwealth of independent states, and Turkey.
Market Moves: Liberty makes three additions
Liberty was the most active recruiter this week, with Liberty International Underwriters appointing two senior underwriters to its aviation team and Liberty Syndicates adding a class underwriter to its war and terrorism unit.
Brokers to blame for lack of voice at top table
Brokers need to "stand up and be counted" when it comes to interacting with law makers and regulators, according to Giles Insurance Brokers chief executive Brendan McManus.