All Online only articles – Page 15
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Peter Rogan joins mediation firm JAMS International
Former Ince & Co partner joins as a mediator and arbitrator
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Willis appoints LatAm banking boss to its board
Francisco (Paco) Luzón is currently a director of LATAM Airlines Group
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Aon Benfield: May’s US storms to cost insurers $4bn
Moore tornado insured losses estimated at $2.5bn
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Enstar to buy Atrium and Arden Re
Atrium will be purchased for $183m and Arden Re $79.6m
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Foreign insurers to quadruple China market share
Regulatory changes mean they will control 4% of country’s general insurance market in next five years, predicts Ernst & Young
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European floods: €3bn of damage in Austria
Germany and Czech Republic also badly affected
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Fitch predicts more Indonesian insurance M&A
Statement follows Dai-ichi Life’s decision to buy 40% stake in Indonesia’s Panin Life
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Tower Group to buy American Safety Reinsurance for $59m
Operations and staff to be combined with Bermuda-based Tower Re
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M6.2 earthquake strikes rural Taiwan
AIR does not expect significant insured losses; Shaking felt in Taipei
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Central Europe hit by record floods
South-eastern Germany has borne the brunt of the damage
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Generali sells US life reinsurance unit to Scor
Deal worth $920m as Generali disposes of “non-core assets”
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Guy Carpenter: Pricing down at 1 June renewals
Some ILS options at mid-year were more competitively priced than traditional cover
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Abu Dhabi financial centre faces challenges
Global Marketplace Abu Dhabi’s success will depend on its ability to find a niche not covered by Dubai, Qatar and Bahrain, says AM Best
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AM Best: Florida cat fund in better shape
Reinsurance cover provided by FHCF will no longer face a 5% reduction in rating agency assessments
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AM Best: Toa Re ratings affirmed
Japan’s domestic reinsurer has reduced its catastrophe exposures
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Fitch: US (re)insurers to withstand 2013 hurricanes
Post-Sandy pricing has improved but capital market competition is changing the market
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California shaken by two earthquakes
M5.7 quake in Northern California part of an ‘earthquake swarm’
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Kane hires Dubai-based head of compliance
David Cafferty will be responsible for growing Kane’s compliance practice in MENA