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ACE appoints casualty manager

Asia Pacific28-05-2014Insurance news

ACE Group has appointed Huang Lijia as its casualty manager for South Asia.

Germany’s proposed bill could scare off investors

Europe28-05-2014Insurance news

Germany’s Finance Minister Wolfgang Schaeuble has rejected comments that his overhaul of the way insurers meet obligations to policyholders will scare off investors.

Munich Re launches construction product

Europe27-05-2014Insurance news

Munich Re and RIB have signed an agreement to jointly develop the first global IT-based insurance product for large construction projects that covers elements of unplanned increase in construction cost.

ABIR urges move to private sector

Bermuda, North America27-05-2014Insurance news

The Association of Bermuda Insurers and Reinsurers (ABIR) has told US and State governments that non-essential insurance programmes, such as the National Flood Insurance Program, should be moved to the private sector.

Ageas targets non-life activities

Europe27-05-2014Insurance news

Belgium-based insurer Ageas will take full ownership of the Portuguese non-life activities of its joint venture with MBCP.

Willis acquires employee benefits adviser

Europe27-05-2014Insurance news

Broker Willis will acquire a controlling stake of approximately 75 percent in Max Matthiessen, an employee benefits adviser in Sweden, for $205 million.

Metlife appoints Australia CEO

Asia Pacific27-05-2014Insurance news

Insurer MetLife has appointed Deanne Stewart as Australia chief executive officer starting in mid-July.

AM Best upgrades Travelers

North America27-05-2014Insurance news

Rating agency AM Best has upgraded the financial strength rating (FSR) of Travelers from A+ to A++, the highest possible rating.

NOAA predicts normal hurricane season

North America27-05-2014Insurance news

The US National Oceanic and Atmospheric Administration (NOAA) has predicted that there could be a below average amount of hurricanes in the Atlantic this season.

Korean life sector strong despite profitability challenges

Asia Pacific27-05-2014Insurance news

The outlook for the Korean life industry remains stable, backed by strong capitalisation and a stable investment mix, despite ongoing profitability challenges, according to rating agency Moody’s.

Showing 15911 to 15920 of 17964 results

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