South America
News analysis - RSA's emerging markets strategy: On the way up
The major UK insurance groups are currently setting out their stalls with regards to emerging markets. Mairi MacDonald met up with RSA's Paul Whittaker and Paul Holmes in Dubai to get the lowdown on its plans for this sector.
Allianz: by 2020 a fifth of our customers will be on "very low income"
By 2020 a fifth of the people insured by Allianz will come from a very low income.
Axis partners with Brazilian adjuster
Axis International Loss Adjusters has extended its presence into Brazil after agreeing a partnership with Consist Seguros.
Axa third quarter GI result boosted by 35% increase in UK motor reveune
Axa group this morning reported that property & casualty revenues increased by 0.7% to €21.4 bn (£18.7bn) largely as a result of a 3.9% growth in individual lines (largely driven by a 3.4% average price increase).
Willis Group nine month profit remains static at $357m
Willis Group has reported net income from continuing operations for the nine months ended September 30, 2010 was $357m ($226.4m), compared with $357m, in the same period a year ago.
Former PWS boss gets 21 months for Costa Rica bribes
The Serious Fraud Office has welcomed the "appropriate" 21-month prison sentence handed to former PWS International chief executive Julian Messent.
Cooke joins Advanta to head new energy team
Former Cunningham Lindsey engineering director Geoff Cooke has joined loss adjuster Advanta Global Services to head up its new energy team.
Axis moves into Ecuador
Loss adjuster Axis International has launched in Ecuador in a bid to grow its Latin American presence.
GRF marks a year of progress
The Global Reinsurance Forum is a body of the world's largest reinsurers formed to respond to international policy and regulatory issues. Reinsurance reports on its latest activity.
Country report: Mexico - An impact felt 25 years later
Though lessons have been learned since the Michoac√°n earthquake, many buildings in Mexico City remain at great risk, write Tao Lai, Khoshrow Shabestari and Vineet Katiyar.
Willis appoints regional specialist in Latin America
Willis Group Holdings has confirmed the appointment of Edward Fyfe as regional specialist leader for Latin America.
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.
Resumé: Drinking and driving
Miller facultative reinsurance head Michael Papworth explains how a gin and tonic at Lloyd's got him hooked on broking despite his Formula One career dreams.
MDS acquires Brazilian broker
Iberian and Latin American insurance broking group MDS Holdings has acquired broker Quorum Saude, Seguros e Previdência.
Marsh names former Willis boss as new Brazilian CEO
Marsh has appointed Eugênio Paschoal as CEO of Marsh Brazil, effective 1 January 2011.
GC launches global P&C report
Despite spiralling losses, global reinsurance rates generally declined through the 2010 reinsurance renewals, according to Guy Carpenter.
Law firm strengthens Brazilian foothold
Davies Arnold Cooper has strengthened its market-leading Latin American practice by joined forces with Brazilian boutique insurance law firm JBO Advocacia.
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.
Retail expansion key as Hiscox remains cautious
Hiscox plans to continue expanding its UK, mainland Europe and US retail businesses despite adopting a cautious outlook for the second half of 2010.
Chilean earthquake impacts Amlin profits
Amlin has reported a fall in profits of more than £70m after suffering large losses due to the Chilean earthquake.
RSA spotlight - Bob Mendelsohn: Whatever happened to Bob?
Having promised RSA that he would make it his mission to track down its former CEO Bob Mendelsohn to mark the firm's 300th anniversary, Jonathan Swift's job was made somewhat easier than anticipated when he resurfaced at US insurer Navigators last week…
Allianz to target Bric countries after extending 60 year old VW deal
Volkswagen Financial Services and Allianz Global Automotive have today signed a letter of intent, agreeing to strategically expand their 60 year-old successful partnership and to continue it in the long term.
QBE restructures exec to better reflect growth
As a result of its continued expansion, QBE has decided to restructure into three main operating divisions – Europe, the Americas and Australia Asia Pacific.
Insurers urged to join IASB debate
European insurers have been urged to keep down their own costs by implementing the long-awaited International Accounting Standards Board's common reporting framework into their Solvency II plans.