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Insurers must prepare for Asian 'supercats'

Asia Pacific01-11-2010Insurance news, Property cat, Reinsurance News

Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, is warning insurers in Asia to prepare for future “Supercat” events like those experienced in the USA.

ILS issuance 'in line with 2010 forecast'

Europe, North America01-11-2010Alternative Risk Transfer News, Capital Management News, Insurance news, Property cat

Aon Benfield Securities says that issuance of insurance-linked securities (ILS) was in line with expectations in the third quarter.

Insurance—the ultimate 'community product'

North America01-11-2010Insurance news

The industry moves to the centre of global sustainability.

Hannover Re backs open-source earthquake model

Europe01-11-2010Property cat, Reinsurance News

Hannover Re and the GEM (Global Earthquake Model) Foundation have signed a partnership agreement on earthquake modelling and data.

Bermuda signs India tax deal

Asia Pacific, North America01-11-2010Capital Management News

Bermuda and India have signed a Tax Information Exchange Agreement (TIEA).

Surplus lines drained, but not dry


An A.M. Best special report outlines effects of the soft market and economic conditions impacting the surplus lines market.

Taranto to remain Everest boss


Joe Taranto has decided to reconsider his decision to retire following the resignation of Ralph E. Jones III, President and Chief Operating Officer.

US treasury seeks chief insurance regulator


The US treasury has advertised for the position of ‘federal insurance director’, following the creation of the role as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

A.M. Best predicts European resilience

Europe01-10-2010Insurance news

At its recent London briefing, A.M. Best indicated that the European non-life industry continues to “display strong resilience” in the face of difficult conditions.

Bolt outlines tougher claims approach


“If you don’t meet the service standard, you can’t do the service.”

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