Lloyd’s Chairman, Lord Peter Levene warned a receptive audience at Lloyd’s City dinner that the current focus on regulation should not get in the way of strategies for future growth. His speech was addressed to two hundred of London’s leading …
Peter Niven, Chief Executive of Guernsey Finance – the promotional agency for the Island’s finance industry, recently joined the Lord Mayor of the City of London, Alderman Nick Anstee, for a trip to Beijing and Shanghai. “The trip included meeting …
The Lloyd’s of London insurance market revealed that record claims from disasters including the Chilean earthquake and U.S. oil spill halved its profits, and said it saw no respite from a steady decline in prices. Lloyd’s, which traces its origins …
Bank of Montreal is on the hunt for acquisitions in the United States and China to expand its wealth management operations, while it sees growth in Canada coming from established operations, one of BMO’s top executives said Wednesday. Canada’s No. …
China, India and Indonesia are likely to face much higher losses from natural disasters in coming decades as their economies grow faster than their capacity for disaster prevention and relief, a new report has forecast. That means more foreign investment …
American International Group Inc inched closer in its ambitious plan to list its Asian life insurance business, AIA Group Ltd, after securing approval from the Hong Kong stock exchange, sources with direct knowledge of the matter told Reuters Tuesday. AIA’s …
Intended buyers of insurer American International Group’s Taiwan unit have ended their purchase agreement after Taiwan’s regulators opposed the deal [See IJ web site – . https://www.insurancejournal.com/news/international/2010/09/02/112961.htm ]. China Strategic Holdings said in a statement late on Monday that it …
The Chinese insurance and reinsurance market is “well positioned to continue to grow and is entering a new stage in its development,” according to a new report reveals from A.M. Best. Best said its analysis of the world’s seventh-largest insurance …
American International Group Inc. plans to list its Asian life insurance unit, AIA Group Ltd., on Oct. 29, aiming to raise about $15 billion in Hong Kong, sources familiar with the deal said on Monday. AIG, which is nearly 80 …
Catastrophe risk modeling firm AIR Worldwide reports that Typhoon Fanapi made landfall on the east coast of Taiwan on Sunday morning, September 19 (0:00 UTC). The storm, which had been a Category 3 typhoon for several days, weakened slightly just …
