United States of America (USA)
Mapfre report highlights market growth in Latin America
Insurance markets in Latin America experienced a 10.5% rise in premium volumes in 2009 compared to the preceding year – reaching €76 591m.
QBE sells US subsidiary to Catlin
Catlin has acquired Blue Ridge Insurance Company from QBE Insurance Group.
Florida a hot-spot for staged motor accidents
Florida’s chief financial officer has pledged to go after insurance fraudsters following seven arrests last week across two of the state’s cities.
CGSC takes 100% holding in Mexican broker
Insurance broker Cooper Gay Swett & Crawford has moved to a 100% shareholding of Mexican reinsurance arm Cooper Gay Martinez del Rio after acquiring the shares of local senior executives.
Postscript - 100 years ago: Explosion at Grand Central
Looking through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 100 years ago reveals.
Legal update - Transatlantic triggers: The same but different
Mark Burton and Don Ramsey examine whether the UK can glean potential solutions from the US as the courts continue to wrestle with the thorny issue of what triggers a disease-related EL policy.
One in four holidaymakers shun travel insurance
Almost a quarter of British holidaymakers are traveling overseas without insurance, research by the AA has revealed.
XL expands
XL has expanded its professional liability offering for architects and engineers after commencing writing on Lloyd's paper.
Ironshore launches new European platform with Allied World raid
Ironshore has announced the formation of Ironshore Europe, domiciled in Dublin, Ireland.
Axa declared largest insurer in the world by net written premium
The world's largest insurers, measured by assets and net premiums are based in Japan and France respectively, AM Best has found in its annual ranking of global insurers.
Axa declared largest insurer in the world by net written premium
The world's largest insurers, measured by assets and net premiums are based in Japan and France respectively, AM Best has found in its annual ranking of global insurers.
Cunninghams completes GAB US purchase
Claims company Cunningham Lindsey has completed the acquisition of the US loss adjusting business of rival firm GAB Robins.
Munich Re completes $131m deal
Munich Re, through its subsidiary Munich Health North America, has successfully concluded the acquisition of US Medicare provider Windsor Health Group for US$ 131m in cash.
AIG fined for misreporting $2.12bn of workers comp premium
AIG and its workers compensation insurance affiliates have agreed to pay $100m (£65m) in fines to insurance regulators in all 50 states and the District of Columbia for alleged premium under-reporting, acting Pennsylvania Insurance Commissioner Robert L…
Highlands policyholders receive full payout
Highlands Insurance Company UK direct policyholders have had their claims paid following the company’s administration in 2007.
RAA backs reinsurance reform
The Reinsurance Association of America has voiced support of the Federal License for Reinsurers Act of 2010.
Shipowners’ Club adds two to Vancouver office
The Shipowners’ P&I Club has transferred two of its London-based staff to its new office in Vancouver.
Europ reveals new five-year plan
Europ Assistance is planning to reduce its reliance on traditional travel and motor lines — which currently account for more than three-quarters of the company's turnover.
Wells Fargo plans sale of 37% stake in Besso
Wells Fargo is seeking a buyer for its stake in Lloyd's broker Besso.
Zurich names head of casualty for global corporate in North America
Zurich has announced the promotion of Brian Winters to head of casualty of global corporate in its North American business.
Zurich names new head of surety
Zurich has appointed Michael Bond as head of surety for its North American operations.
Tunnicliffe rejoins Marsh from Aon
Andrew Tunnicliffe has left Aon to head up Marsh Risk Consulting – the broker he originally left for a role at Aon Global Risk Consulting.
Lockton forms Indian alliance
Lockton has entered into a strategic relationship with Indian broker, Unison Insurance Broking Services.
Lockton forms Indian alliance
Lockton has entered into a strategic relationship with Indian broker, Unison Insurance Broking Services.