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Insurance
Two of Europe’s largest re/insurance institutions posted solid 2012 results this week with both boasting healthy underwriting profits and solid combined ratios. 21 February 2013
News
Martin Sullivan, the deputy chairman of Willis Group Holdings and chairman and CEO of the Willis Global Solutions unit, will leave the firm in May 2013, after a transition, to pursue other interests. 20 February 2013
News
The insurance market in China has rapidly developed in terms of its sophistication and the calibre of personnel it attracts in the past 15 years meaning greater opportunities for international players that invest in establishing a foothold there. 14 February 2013
Insurance
Singapore’s growth as a speciality lines reinsurance hub over the last five years means it could soon be comparable with other reinsurance hubs such as London, Bermuda and Zurich. 13 February 2013
Insurance
The uncertain economic environment globally is making corporate clients set greater store by insurers that can offer financial strength and stability. In particular, buyers are seeking insurers with a strong balance sheet and a good rating. 30 January 2013
Insurance
A combination of low insurance penetration and rapidly growing energy, infrastructure and healthcare sectors mean the region comprising of MENA holds many opportunities for insurers and reinsurers, as well as specialist brokers. 4 January 2013
News
The marine reinsurance market experienced substantial rate increases at the 2013 1/1 renewals, following a difficult year and several large losses. This is the view of two of the world’s largest reinsurance brokers in January 2013 renewals reports. 4 January 2013
Insurance
Willis Energy, in conjunction with a group of marine and energy insurers, has launched a new type of insurance policy designed to help energy companies mitigate the risks they face when decommissioning offshore oil and gas platforms. 2 January 2013
Insurance
A series of new satellites to be launched by the European Space Agency will provide the insurance industry with new and unique data that will be invaluable to insurers underwriting certain types of risks including some energy and marine business. 13 December 2012
Insurance
Insurers face a potential headache over the issue of deductibles when dealing with claims from Hurricane Sandy. 15 November 2012
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