United States of America (USA)
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?
Lloyd’s names new American director
Specialist insurance market Lloyd’s has appointed Pat Talley as the regional director of its Central US region.
US financial markets - Enter the enforcer
Two years on from the onset of the financial crisis, what lessons has reinsurance learnt? Tim Evershed investigates.
Interview: Two is better than one
Katherine Blackler talks to Swiss Re's Alex Kaplan - vice-president of regulatory affairs - and Michael Natal - vice-president of tax - about their unconventional specialisms and the potential impact of the Neal Bill
FSA joins forces with US regulator
The Financial Services Authority has entered a memorandum of understanding with theUS Financial Industry Regulatory Authority.
Zurich ranks 9/11 and SARS top "mega-disasters" of last decade
Terrorist attacks, hurricanes, and pandemic risks top the list of “Top Ten Mega Disasters” of the past decade, released today by Zurich.
FSA enters agreement with US regulator
The Financial Services Authority and the US Financial Industry Regulatory Authority have entered into a memorandum of understanding to support more robust cooperation between the two regulators.
Karl wreaks havoc in east of Mexico
Hurricane Karl made landfall around 11:30am on 17 September local time, just to the north of the port city of Veracruz on the east Mexican coast.
Integro elects Byrne as chairman
John (Jack) Byrne, who led Fireman’s Fund and its former parent company, White Mountains Insurance Group, as well as Geico, has been elected chairman of the board of Integro.
Bermudan delegation to discuss ILS issues in New York
As a result of an upsurge in interest in the creation and listing of Insurance Linked Securities, a delegation from Bermuda is set to meet key industry figures in New York.
Aon Benfield predicts key considerations for (re)insurers in 2010/11
Inflation and pricing are key considerations for (re)insurers in 2010/11, according to Aon Benfield, which released its 2010 Insurance Risk Study, quantifying systemic risk across the global insurance industry.
Randall & Quilter buy from Guy Carpenter
The Board of Randall & Quilter has announced that, subject to regulatory approval, the group has agreed to acquire the Reinsurance Solutions Limited businesses’ from Guy Carpenter and Marsh for $10m in cash.
RMS: 120 homes damaged in California explosion
Risk Management Solutions has provided an update on the explosion that occurred in San Bruno, in San Mateo County, central California, US.
One dies in California gas explosion
A gas pipe explosion in California has killed one person and injured dozens more.
Former AIG boss Sullivan joins Willis
Former AIG chief executive Martin Sullivan has been appointed deputy chairman of Willis Group Holdings and chairman and CEO of a new business unit, Willis Global Solutions.
Former AIG boss Sullivan joins Willis
Former AIG chief executive Martin Sullivan has been appointed deputy chairman of Willis Group Holdings and chairman and CEO of a new business unit, Willis Global Solutions.
Marsh expands contamination cover
Marsh has launched a specialist contamination insurance product for water utility firms.
Catastrophe: Put a (stronger) lid on it
Natural catastrophe models have been transformed through scientific research, growth in global and localised observation systems and modeling technology enhancements. But despite this, uncertainty remains, say Claire Souch and Michael Kistler.
Aon Benfield appoints new ratings agency head in UK & EMEA
Aon Benfield has appointed Chris Myers head of Rating Agency Advisory for its UK and Europe, Middle East, and Africa (EMEA) regions.
Cigna swoops for Vanbreda International
Global health service company Cigna has acquired Vanbreda International, based in Antwerp, Belgium.
Omega confirms six-month loss
Omega has reported a pre-tax loss of $34.2m (H1 2009: $22.9m profit) for the first six months of 2010 following a series of catastrophic events.
Legal update - litigation funding: Containing the genie
The role of private litigation funding has become a live issue, with collective redress systems being proposed throughout Europe. Robert Hammesfahr explains why fears of abuse and soaring costs may be unfounded.
US East coast on alert as tropical storm Danielle gathers pace
At 21:00 UTC on Sunday, 22 August, RMS reports a tropical depression (six) located about 770 miles (1240 km) west of the southernmost Cape Verde Islands in the Atlantic Ocean, developed into the fourth named storm of the 2010 Hurricane Season – Tropical…
Germany drives European recovery
The recovery of the world economy continues, according to the latest quarterly ICC/IFO World Economic Survey.