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Insurance
IGIH reports 24 percent in profits
Dubai’s International General Insurance Holdings (IGIH) reported a 24 percent increase in profits of $31.3 million in 2013 compared with $25.3 in 2012.   18 March 2014
News
Swiss Re proposes 10 percent dividend increase
Leading reinsurer Swiss Re has sought shareholder approval for a ten percent increase in ordinary divided, following newly enforced Swiss regulation.   18 March 2014
Insurance
ACE expands crisis management services
Insurer ACE has expanded its environmental risk insurance to include crisis management cover as part of its strategy to support evolving needs of companies in Europe.   18 March 2014
Insurance
LIIBA appoints new chairman
Steve Hearn, deputy CEO of Willis Group Holdings has been elected as chairman of the London & International Insurance Brokers’ Association (LIIBA), an association which represents insurance brokers in London and international markets. He succeeds Graham Clarke of Miller, who continues as deputy chairman of LIIBA.   17 March 2014
Insurance
QGIR to distribute 20 percent share bonus
Qatar’s second largest insurer, The Qatar General Insurance & Reinsurance Company (QGIR), will distribute a 20 percent share bonus following a successful year which saw the company increase its net profit to QR 2.1 billion in 2013 compared with QR 175.5 Million in 2012.   17 March 2014
Insurance
Effective risk management to boost capacity in the Middle East
The “above average” approach to risk management from the Middle East’s energy sector may result in better rates and capacity in the insurance market, according to research by Marsh.   17 March 2014
Insurance
St. Johns appoints former Aon leader
US insurer St. Johns Insurance has appointed Hugh Brewer to the board of directors.   14 March 2014
Insurance
ASEAN Economic Community to generate opportunities in 2015
The formation of the Association of Southeast Asian Nations (ASEAN) Economic Community will present significant opportunities for independent insurance brokers in 2015 said Brokerslink Chairman, José Fonseca speaking at the Brokerslink Asia Pacific regional conference.   14 March 2014
News
RGA attains 50th AURA client
RGA Reinsurance Company (RGA) has gained its 50th client for its electronic underwriting solution, Automated Underwriting and Risk Analysis (AURA).   14 March 2014
Insurance
Ironshore forms leadership committee
Specialty insurer Ironshore has formed an executive leadership committee charged with formulating strategic direction.   13 March 2014

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