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ISE 2012: Luzzi says firms must think in global terms

Opening the inaugural Insurance Strategy Europe event Jorge Luzzi, president of the Federation of European Risk Management Association and director of group risk management at Pirelli, told delegates that a global view is essential going forward.

Hong Kong GI business grows 10%

Hong Kong's Office of the Commissioner of Insurance has revealed that total gross premiums of the Hong Kong general insurance industry in 2011 grew 10.7% to $34.7bn with net premiums up 8.5% to $23.8bn compared with 2010.

Willis China claims broker first in Chongqing

Willis China, part of Willis Group Holdings, has been granted approval to open a new office in Chongqing by the Chinese Insurance Regulatory Commission, which it claims is a first for a foreign-owned broker.

Brics are not quick wins, says Lee

The emerging markets of Europe, the Middle East and Asia present "substantial opportunities", but insurers must be prepared to make a long-term commitment, according to RSA's chief executive officer.

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