Asia
Asia push sees Howden extend into Singapore
Howden Broking Group is set to expand its Asian wholesale operation after securing a trading licence in Singapore and rebranding its Korean joint venture under its own name.
Widespread flood losses hit Asia
Aon Benfield's monthly catastrophe recap report, which provides an analysis of worldwide catastrophic events, highlighted that July witnessed some of the worst flood events in history, with Asia being particularly badly affected.
Wesfarmers Insurance and subsidiary Lumley General Insurance deploy Guidewire for claims
Wesfarmers Insurance, its underwriting subsidiary Lumley General Insurance, and Guidewire, have announced that Lumley NZ has successfully deployed Guidewire Claim Center as the first step in its core systems modernisation project.
Sports sponsorship: A sporting frenzy
At first glance, sports stars and insurers wouldn't appear to have much in common but, with the benefits of sports sponsorship proving their worth, Daniel Dunkley asks is it any wonder everyone is trying to get in on the action?
Emerging markets crucial to JLT growth
Insurance broker Jardine Lloyd Thompson’s presence in emerging markets will be key to its long term growth, independent financial advisory firm Collins Stewart has revealed.
Swiss Re: insurance can help reduce climate risk impact by up to 90%
Innovative insurance solutions hold the key to driving climate adaptation initiatives in the developing world and securing the development prospects of communities threatened by rising climate risks.
Willis severs Indian links after regulator withdraws licence
Willis is to cut ties with its Indian partner after the local regulator unearthed a series of misdemeanours by the latter.
Legal update - insurance law reform: Out of pocket
Emma Rice looks at the proposed changes to insurance law, which currently does not recognise an obligation to pay damages over failure to pay claims, and what it could mean for insurers.
Crawford marks training successes
Crawford & Company's bespoke MBA training programme for future business leaders has produced its first 15 graduates.
Editor's comment: An Indian summer?
The proactive stance of the Indian insurance regulator to enhance the professional reputation of its market certainly seemed to be making as many enemies as friends earlier this week, as news broke of two developments — one positive, one rather less so.
CII to revamp Indian regulator agents tests
The Chartered Insurance Institute has been invited by the Indian insurance regulator to overhaul its compulsory agents' test in a development the CII expects will be recognised by — and replicated in — other emerging economic powerhouses.
Willis to appeal Indian renewal rejection
Willis has said it will appeal the Indian regulatory authority’s decision not to renew the licence renewal application of its joint venture in India.
Indian regulator refuses to renew Willis licence
The Insurance Regulatory and Development Authority in India has decided not to renew the composite broking licence of Willis India, an affiliate company of the international broker, according to Indian news sources.
CNA ties up RSA deal to give it access to 142 countries
CNA has entered into an agreement that provides its US-based corporations with access to RSA's global network.
UK-Indian traing relations: A passage to India
The UK has long looked at India as a trading partner, especially its outsourcing sector. Following a recent visit by a delegation led by the Prime Minister, Daniel Dunkley looks at how the insurance industry is building its own links with the country.
BIS Countdown - Mike Morrisey: The international agenda
The International Insurance Society claims to be the largest multinational organisation of its kind, with almost 1000 members from more than 90 countries. Ahead of his keynote address at the British Insurance Summit, president and chief executive Michael…
Inside view: Part of the solution
As we enter a difficult hurricane season, witness record monsoon rainfall in Asia and continue to count the costs involved in the Deepwater Horizon incident, is it time to look at these increasing environmental problems from a different perspective, asks…
Climate change: Change on the horizon
Climate change is happening. Peter Höppe writes that the industry must act to limit global warming and also to provide adequate risk management and natural catastrophe cover, particularly in the developing world.
Cigna swoops for Vanbreda International
Global health service company Cigna has acquired Vanbreda International, based in Antwerp, Belgium.
BIS countdown - Interview - Michael Casella: Commitment to the Chubb cause
The new CEO of Chubb Europe, Michael Casella, has spent 28 years travelling the world with the firm. Now based in London, he tells Jonathan Swift why it set up a new Lloyd's syndicate and why you'll never see it dipping in and out of markets.
Ageas boosted by Asia and Belgium with €180m profit
Ageas has reported a net insurance profit of €180m for the first half of 2010, including a life contribution of €178m driven by Belgium and Asia.
Germany drives European recovery
The recovery of the world economy continues, according to the latest quarterly ICC/IFO World Economic Survey.
RSA spotlight - Andy Haste: Playing the long game pays off for Haste
Following his interview with former RSA CEO Bob Mendelsohn and the news that RSA has approached Aviva to buy its UK, Irish and Canadian general insurance assets, Jonathan Swift reflects on the general insurance career of the company's current CEO Andy…
S&P affirms AA rating for Allianz
Standard & Poor’s has affirmed the stand-alone AA (stable) financial strength rating on 12 August for Allianz Global Corporate & Specialty, the industrial arm of the Allianz Group.