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International news
29.09.2010 
28.09.2010 Stephen Catlin elected as president and Martin South as deputy.
07.04.2010 AIG Financial Prodacts boss may not face criminal charges.
06.04.2010 Satellites agreement provides mutual advantage in underwriting and consulting.
09.02.2010 Opening access and speeding up claims are part of plan
27.01.2010 Warren Buffet’s firm joins S&P 100, upping share price
21.01.2010 Tax officials no longer giving ‘rubber stamp’ following German VAT ruling on Swiss Re
20.01.2010 Bodily injury claims costs have rises 50%
08.12.2009 Report predicts insurers will look to buy books of business
07.12.2009 'Escape of water' could spark large claims
23.11.2009 OJSC Profile Re Director General Alexei Onishchenko will participate in the Finance Forum of Russia held from 25 to 26 November 2009 at the Ritz-Carlton Moscow.
06.11.2009 Special dividend and share buy back after low catastrophes
06.11.2009 Premiums and profits reported in non-life reinsurance
26.10.2009 On an economic basis, many insurers experienced a drastic slump in their equity capital in 2008. The first signs of a recovery were only visible this year. Insurance companies are now having to gear up for the new regulatory framework under Solvency II, which is scheduled to be introduced in Europe as from 2012.
19.10.2009 SHANGHAI -(Dow Jones)- China has relaxed rules on insurers' investments in corporate bonds, including those covering the kinds of companies from which they can buy the bonds.
19.10.2009 Alan Ring has joined National Contractors Insurance Co., Inc. (NCIC), a risk retention group, headquartered in Big Fork, Montana, as director of sales and marketing.
16.10.2009 Marsh, the world’s leading insurance broker and risk adviser, has appointed Peter Box, a former partner at PricewaterhouseCoopers(The world's largest international network of the firms offering professional services in the field of consulting and audit), as a non-executive independent director on the firm’s UK board of directors. Mr Box, who retired from PwC on 30 June, will chair Marsh’s Audit Committee.
12.10.2009 SINGAPORE -(Dow Jones)- Singapore's Oversea-Chinese Banking Corp. (O39.SG) has submitted a bid for acquiring the Asian private banking assets of ING Groep NV (Dutch financial group, rendering services in sphere of bank activity, insurance and a property management).
09.10.2009 Marsh, the world's leading insurance broker, and REDfour (MSS) Ltd, a maritime security firm, today announced they are working together to help shipowners address potential exposures associated with piracy attacks in the Gulf of Aden.
09.10.2009 MANILA (AFP)--Philippine insurers are likely to get hit with more than $236 million in non-life claims alone from devastating floods caused by Tropical Storm Ketsana.
08.10.2009 ZURICH -(Dow Jones)- Swiss reinsurer Swiss Re (RUKN.VX) said Thursday that it has received a composite license from Bank Negara Malaysia (the Malaysian central bank) to write Retakaful business, and opened a dedicated Retakaful operation in Kuala Lumpur.
07.10.2009 HONG KONG -(Dow Jones)- ING Groep NV (ING) (The Dutch financial group, rendering services in sphere of bank activity, insurance and a property management) has agreed to sell its Swiss private banking assets to Swiss wealth manager Julius Baer Holding AG (JBHGY) for US$500 million.
06.10.2009 Marsh, the world's leading insurance broker , is urging European oil and gas firms to put risk management systems in place that enable them to identify and manage the broad range of risks facing their organisations.
05.10.2009 Marsh, the world's leading insurance broker, has announced the formation of an Automotive Practice covering Europe, the Middle East and Africa (EMEA). The new practice, which will service automotive manufacturers and their main suppliers, will be led by London-based Nao Muramatsu. He will report to Mark Pollard, Head of Industry Specialisation in EMEA.
02.10.2009 The U.S. government has provided support to AIG (large insurance company of America) in several forms: direct equity investments in AIG, loans to AIG, the extension to AIG of a mostly untapped equity capital facility, access to a commercial paper funding facility1 and loans to special purpose entities formed by the Federal Reserve Bank of New York (FRBNY).
02.10.2009 The winning project, submitted as part of the development proposals sponsored by Swiss Re(The largest insurance market of Switzerland), comes from architects Diener & Diener Architekten, Basel. Construction is expected to begin at the end of 2012 at the earliest.
01.10.2009 Страховой Банк ERGO (одна из крупнейших страховых компаний в Европе) и Piraeus Bank будут струдничать в дальнейшем более тесно.
01.10.2009 Munich Re(The German resafety company, one of leaders of the insurance market) intends to resume its suspended share buy-back programme .
01.10.2009 The ERGO Insurance Group (one of the major insurance groups in Europe) and Piraeus Bank will be working more closely together in future .
30.09.2009 Resolution speculation ups share price, others insurers follow.
30.09.2009 Philip Wray becomes active underwrtier for Tokio Marine and Kiln Lloyd's Syndicate 1880 Kiln, the international insurance and reinsurance underwriting group, is pleased to announce the appointment of Philip Wray as active underwriter designate for the joint Tokio Marine and Kiln Lloyd’s Syndicate 1880.
29.09.2009 Swiss Re (The largest world the insurance company of Switzerland) today announced the launch of a Focus report titled ?
29.09.2009 The USA and their allies, including Great Britain, intend to achieve introduction of sanctions concerning the companies providing insurance of Iran after last week it became known that Teheran builds the second factory on uranium enrichment.
28.09.2009 Companies need cash for two quarters and last year’s liability.
28.09.2009 Tipster title backs shares in insurers and reinsurers.
28.09.2009 Voluntary agreement expected to become common practice on all property and BI claims.
28.09.2009 Defence document drawn up in face of Resolution rumours.
28.09.2009 Accounting standards “too important to leave to accountants”.
28.09.2009 Relocating firms boost premium income in the city by 45%.
28.09.2009 For maintenance of uniform standards of servicing on all country "Allianz Kazakhstan " has carried out training of employees of the branches.
26.09.2009 IRM has accredited a training programme developed by Plan, an international children’s organisation.
25.09.2009 Today, on the 25th of September, in New York, one of the largest megacities, Climate Week, which has been begun on the 21st of this month, finished. In his speech, Pierre Ozendo, the President of Swiss Re, told that the insurance industry has a major role to play in helping society manage and adapt to the risks caused by climate change.
24.09.2009 EU proposals for three super bodies to rule over UK’s FSA.
24.09.2009 Infrastructure damaged but only 20% of homes insured.
24.09.2009 Profits tumble and motor hit hardest with 92% fall.
24.09.2009 Commercial premiums will stay flat or fall warns broker.
24.09.2009 SME TV ad in Ireland and construction campaign in UK.
24.09.2009 Ex-AIG boss says Spitzer prosecuted to further career.
24.09.2009 Campaign to tackle uninsured drivers targets youths.
24.09.2009 Underwriting hailed as claims ratio below 92% beats rivals.
24.09.2009 US insurance regulators add new rating agency to list.
23.09.2009 Europe’s largest insurer to trade only on Frankfurt exchange.
23.09.2009 Survey finds share issue most popular way of raising capital.
23.09.2009 Heading for highest close in a year before rumours struck.
22.09.2009 'Professionalism in a Changing World' will be theme for conference at ExCeL London The British Insurance Brokers’ Association has announced that Professionalism in a Changing World will be the theme for its 2010 conference and exhibition to be held at ExCeL London on 19th and 20th May 2010.
22.09.2009 Rating agency Moody’s overturns refusal to meet regulators.
22.09.2009 Former CEO Maurice “Hank” Greenberg wants loans eased.
22.09.2009 Better education, advice and TCF must be tried first Association of British Insurers (ABI) director general Stephen Haddrill has challenged the Financial Services Authority’s (FSA) managing director for retail markets Jon Pain, to prove product regulation is necessary.
22.09.2009 EU bodies to enforce common standards over regulators.
22.09.2009 Nick Bacon to head Bowring Marsh Marsh has announced that Nick Bacon, currently chief operating officer, is to become chief executive of Bowring Marsh, Marsh’s specialist international placement broker.
22.09.2009 Andrew Beer promoted to senior role within Capita Insurance Distribution Capita Insurance Distribution has appointed Andrew Beer as chief operating officer.
21.09.2009 Broker plans move from Bermuda to Ireland Willis has unveiled plans to redomicile to Ireland subject to shareholder approval.
21.09.2009 'Find a broker' search to feature in TV ads.
21.09.2009 Marsh, Aon and Willis to ditch “contingent commission” ban Aon, Marsh and Wilis are lobbying US regulators to overturn the 2005 ban on them receiving contingent commission, claiming smaller brokers who receive these top-ups have an advantage, Reuters reports.
21.09.2009 Technology claims increasing, says insurer Hiscox has strengthened its technology, media and telecoms (TMT) claims team with the appointment of James Webster as UK & International TMT claims underwriter.
18.09.2009 Broker completes deal for Bermuda based International Advisory Services Marsh has completed the acquisition of International Advisory Services (IAS), an independent manager of captive and third-party insurance companies in Bermuda.
17.09.2009 Acquisition prices too high so surplus used for share buyback .
16.09.2009 Senior VP Richard Napier told court details of AIG sham.
15.09.2009 Regulators’ body receives 20,000 submissions on proposals.
15.09.2009 Broker pays CNA $130m without admitting liability.
14.09.2009 Charles Cooper was previously with XL Re.
11.09.2009 Find out who's on the shortlist.
10.09.2009 Ulrich Wallin, Rolf Tolle and Chris Klein highlight the industry's next major challenges as part of the Kiln Roundtable 2009 in Monte Carlo.
10.09.2009 Reinsurance firm, Munich Re plans to unify the units in its reinsurance segment under the Munich Re brand – reported Bloomberg.
10.09.2009 Vodafone exchange among schools and homes flooded.
08.09.2009 Scor CEO surprised by the industry outlook assigned by some rating agencies.
07.09.2009 Munich Re and Swiss Reinsurance Co., the world’s largest reinsurers, may struggle to raise prices for property and casualty coverage next year as an absence of costly disasters and a stock-market rebound restrain demand.
04.09.2009 Global reinsurers have more capacity than the demand can absorb, which could mean greater price competition in 2010, said Moody’s Investors Services in a special report Friday.
04.09.2009 Monte Carlo and Baden-Baden will not see rates soar.
03.09.2009 Reinsurance industry gets together for annual Rendez-Vous.
01.09.2009 Innovative capital market transaction covering facultative risks is executed Hannover Re has for the first time placed a facultative risk portfolio as part of its extended Insurance-Linked Securities (ILS) activities.
31.08.2009 U.S. reinsurers reported a 93.8% combined ratio for the first six months of 2009, an improvement over the 97.5% reported by a similar group for the same period a year ago, according to a survey by the Reinsurance Assn. of America.
28.08.2009 Malakut Insurance Brokers branch in Dubai has obtained licence for insurance and reinsurance broker activity in United Arab Emirates (UAE).
28.08.2009 Colemont Global Group has appointed David Miles managing director for Colemont Insurance Broker, the company's United Arab Emirates operation based in Dubai.
26.08.2009 New underwriting team taken from Swiss Re.
25.08.2009 Slovenian reinsurer rated as 'A' by Standard and Poor’s.
24.08.2009 Reinsurers generally increased their level of capital the first half of this year, with some regaining more than half of what they lost as a result of last year’s hurricanes and financial shocks, says Guy Carpenter & Co. L.L.C. in a new report.
20.08.2009 LONDON—Lloyd’s of London insurer Novae Group P.L.C. said Thursday it plans to form Novae Re to write property, liability, agriculture, engineering and other specialty business effective in January 2010.
30.10.2008 Past complaints must be reinvestigated and settled by firms.
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