insurance industry
Sierra Leone : the insurance industry digs deep for growth
Up until 2010 iron ore production in Sierra Leone was minimal. With the discovery of new deposits in 2011, the country is expected to...
Appointment : Peter Harmer is new CEO of IAGs’ CGU
Insurance Australia Group Limited (IAG) today announced the resignation of current CEO of CGU, Mr Duncan West for family reasons and the appointment of...
India : IndiaPost to sell insurance policies
India’s largest distribution network with 1.55 lakh offices has been thrown open to the insurance industry with the industry regulator allowing IndiaPost to sell...
LMA : threat of ‘triple regulation’ of the Lloyd’s market
The Lloyd’s Market Association (LMA) has backed the need for strong regulation in the UK financial services sector but argues that the proposed regulatory...
Appointment : Colin Batabyal is new underwriting director for MMA
Colin Batabyal has been appointed as the new Underwriting Director for MMA Insurance. Colin takes up his role with immediate effect and will be...
Report : 85% of insurance technology managers believe systems under-utilised
85% of insurance risk professionals believe they are under-utilising technology at a critical time in the preparation for Solvency II.
The finding has been...
Good to know : Insuring against cyber attacks
When we consider insurance, we tend to focus on the physical: our homes, our vehicles and our bodies. And certainly, homeowners insurance, auto insurance,...
Weather warning : Hurricane Igor takes aim at Bermuda
Igor almost becoming a Category 3 storm on the five-step Saffir-Simpson scale. "Igor is expected to remain a dangerous hurricane as it approaches Bermuda,"...
Study : Aon Benfield’s 2010 Insurance Risk Study
Aon Benfield, today releases its 2010 Insurance Risk Study, which quantifies systemic risk across the global insurance industry.
The Study, now in its fifth edition,...
Monte Carlo : Swiss Re puts capital and expertise to work
Increasing mergers and acquisitions activity, low interest rates and regulatory changes are some of the opportunities and challenges in focus for insurers and reinsurers....
Insurance Industry : moderate down fall
The insurance industry, continuing its downward trend since the recession, has dropped 1,300 jobs in the latest employment report of August numbers from...
Investments rescue Munich Re’s quarterly earnings
German insurance group Munich Re posted a better-than-expected second quarter net profit on Wednesday owing to earnings from investments, and raised slightly a full-year...
NY AG announces probe of life insurance industry
State Attorney General Andrew Cuomo said Thursday that he had opened a fraud investigation into how life insurers pay out benefits after policyholders die.
He...
QQ WebSites, a Web Site Builder for Independent Insurance Agencies Nationwide
QQ Solutions today announced the availability of its new Web site builder, QQ WebSites, for independent insurance agencies nationwide. Agents new to the Web...
Are You Braced for the 2010 Hurricane Season?
2009 WAS AN EXCEPTIONALLY CALM YEAR FOR US HURRICANES:
Losses from natural catastrophes and man-made disasters have continuously trended upwards in the past two decades...
Research and Markets : A Comprehensive Overview of the Insurance Market of Romania
Research and Markets has announced the addition of the "Romania Insurance Market Intelligence" report to their offering.
The insurance industry of Romania has been growing...
Obama highlights benefits of health reform
US President Barack Obama highlighted the benefits of the newly-adopted health care reform on Saturday, saying it had already made insurance companies more accountable.
"Aside...
Swiss Re insurance profits dampened by disaster damage
Swiss Re, one of the world's biggest reinsurers, on Thursday reported a surge in first quarter profit although its results were dampened by losses...
China backs insurer Ping An’s acquisition plan
Chinese regulators have approved a plan by Shenzhen-based powerhouse Ping An Insurance to buy a stake in Shenzhen Development Bank from US private equity...
China’s Huijin to issue 80 billion yuan in bonds
The domestic investment arm of China's sovereign wealth fund has been given the green light to raise 80 billion yuan (11.7 billion dollars) through...
