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Insurance
A proposed earthquake insurance fund for the Philippines, which would be developed by the Insurance Commission (IC) and the Asian Development Bank (ADB) has won the backing of Fitch. 24 February 2014
Insurance
Marine insurer Skuld reported 13 percent premium growth in the 2012/13 P&I renewals due to new business gained and the expansion of its product portfolio. 21 February 2014
Insurance
The China Insurance Regulatory Commission (CIRC), China’s insurance regulator, has adjusted its rules around how insurers in the country can invest in a move designed to help companies boost their returns. 20 February 2014
Insurance
Insurers must treat clients as clients and not as part of their own portfolio, according to broker Marsh, commenting on a review of how the industry performed in the aftermath of several recent severe earthquakes. 19 February 2014
News
FP Marine Risks, a specialist marine insurance broker, has appointed Rupert Morton as head of reinsurance for Australia, New Zealand and the Pacific. 18 February 2014
Insurance
Watkins Syndicate Singapore has appointed Colin Fordham as liability underwriter and Richard Dare as energy underwriter in a bid to further expand its presence in Asia. 17 February 2014
Insurance
As floods continue to ravage the UK, California faces the lowest precipitation in recorded history for the state which has already led to exceptionally severe drought conditions in the area according to Guy Carpenter. 13 February 2014
Insurance
January’s extreme weather in the US will cost the industry over $1.5 billion in insured losses according to Impact Forecasting, Aon Benfield's catastrophe model development centre. Economic losses are estimated at $3 billion. 7 February 2014
Insurance
Global insurance pricing was down in all areas except the US at the end of 2013 according to Marsh. 6 February 2014
Insurance
Bermuda-based insurer Ironshore looks to acquire Assetinsure Holdings, an Australian specialty insurer providing surety, aviation, credit and property coverage. 5 February 2014
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