News – Page 271
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Japan considers 15% earthquake premium hike
Further rise contemplated for Nankai Trough earthquake
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Australian premiums could fall by 70% under new disaster plan
Government hopes insurers will hold off on premium increases
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Van Hulle retirement could delay Solvency II further
Insurance chief retired after nearly 30 years at the European Commission
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US deficit pressures increase need for better risk-based pricing
Flood programme could be controlled by transferring risk to private (re)insurers
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Thomas Miller appoints Asia Pacific chief exec
Andrew Jones to oversee Singapore, China and Sydney offices
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ING completes $2.14bn Asian life insurance sale
Dutch bank also reduces stake in Brazil’s Sul América to 30%
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Australian government commits A$100m to flood defence projects
This year’s floods have caused A$661m insured losses, says ICA
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Transatlantic Re credit rating upgraded by AM Best
Rating action follows completion of Alleghany merger
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Competition between traditional and alternative reinsurers heats up
Consolidation; reduced prices and returns expected, says Conning
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Global insurers to pick up bill for half of Sandy losses
Reinsurance’s role highlighted by Sandy, says ABIR
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Tropical cyclone Rusty makes landfall in Australia
Category 3 storm’s 100km/h wind gusts lash Port Hedland
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Bermuda registers three (re)insurers in January
Skyline Re, Bosphorus 1 Re and EEB Energy Re formed
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African countries look to sukuks for infrastructure funding
Arab Spring and Islamist party influence driving new form of finance, says S&P
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Aspen enters into share repurchase programme with Goldman Sachs
Bermuda insurer to pay investment bank $150m in exchange for shares