cooperation News

Russian Insurance Community Works on Implementing ACORD Standards

Global standards development organization ACORD announced that a coalition of major Russian insurers, including subsidiaries of Allianz and Zurich, have agreed to work together to implement its standards. “When completed, this will become the first documented ACORD implementation in the …

Geneva Association Report: 2011 an ‘Annus Horribilis’ for Insurance Industry

The latest report from the Geneva Association , No. 5 in the current series – Extreme events and insurance: 2011 annus horribilis -, describes the global impact of the major 2011 natural catastrophes, and analyzes the role and mechanisms of …

Guernsey Removed from U.S. “Blacklist”

The island of Guernsey’s Chief Minister, Lyndon Trott, met with officials in Washington this week as part of a series of discussions that have been conducted for a number of years. The dialogue between U.S. officials and the island’s representative …

US, India Pledge Market Access Cooperation; Could Ease Insurance Barriers

Finance chiefs from the United States and India pledged on Tuesday to continue efforts to open up India’s financial, retail, manufacturing and infrastructure sectors to competition but offered no specific measures to boost access for American firms. Wrapping up annual …