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The insurance industry is concerned that uncertainty regarding the renewal of the Terrorism Risk Insurance Act (TRIA), which expires at the end of this year, could affect the affordability and availability of terrorism risk insurance. 22 April 2014
Insurance
Broker Miller has continued expansion of its marine team in Singapore with the appointment of Govinda Rajan, formerly of Marsh, in a South East Asian marine hull business production role. 17 April 2014
Insurance
Broker Aon has approved a 43 percent increase to its annual cash dividend paid quarterly on its outstanding Class A Ordinary Shares. 14 April 2014
Insurance
Impact Forecasting, the catastrophe modelling arm of Aon Benfield, has launched the first Chile earthquake model that incorporates the risk of tsunami. 14 April 2014
Insurance
Aon Hewitt, the global talent, retirement and health solutions business of Aon, has partnered with HelloWallet, a financial guidance software company, to help US employers make the most of their benefits and strengthen the financial wellness of their workforce. 11 April 2014
Insurance
Greg Case, the chief executive of Aon, has defended the broker’s controversial sidecar deal with Berkshire Hathaway last year and said the facility has been a resounding success with clients despite a mixed reaction to it in the wider markets. 11 April 2014
News
While insured losses globally in the first quarter of the year were low, insurers must be prepared for the severity of events that typically hit later in the year, according to Aon Benfield. 10 April 2014
News
The levels of both traditional and alternative reinsurance capital increased in 2013, creating a level of competition of business that is beneficial to reinsurance buyers. 9 April 2014
Insurance
XL has launched a new comprehensive kidnap, ransom & extortion crisis policy in partnership with global risk consultancy Terra Firma Risk Management. 8 April 2014
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