A report from Lloyd’s of London concludes that the increasing demand for political risk insurance “has been rising as civil unrest and political violence continue to threaten businesses around the world.” The article on the Lloyd’s website cites several factors …
A new report from Lloyd’s notes that the “the world has been battered by natural catastrophes in recent years, revealing a serious gap between the economic cost of natural catastrophes and the levels of insured risk.” Recently published research, Lloyd’s …
Political risk insurance against conflict or breach of contract has become a key factor for investors seeking higher returns in developing markets in Africa, Asia and the Middle East. Indeed, the euro zone economic crisis and low returns in other …
A bulletin from the insurance think tank The Geneva Association notes that “leaders of the insurance industry have significant concerns about the effects of inappropriate regulation and the effects of the current economic crisis,” according to a survey it conducted. …
Swiss Re’s latest sigma study concludes that “global overall premiums declined 0.8 percent in real terms in 2011. While non-life premiums expanded 1.9 percent on solid economic growth in emerging markets and selective rate increases in some advanced markets, global …
The American Insurance Association has issued a statement, which points out several instances of a “disconnect between the continued significant global insurance capacity and a strong demand for insurance products that is often created by protectionist barriers in emerging markets.” …
UK-based RSA reported continued strong growth and financial strength in its interim management statement covering the first three months of 2012. Highlights included the following: • Net written premiums of £2.2 billion [$3.565 billion] up by 5 percent with all …
At first glance that statement may seem a little strange, considering that Lloyd’s reported an overall loss for the year of £516 million ($822 million). But considering that overall insured losses for the year from natural catastrophes were between $107 …
A survey from London-based Finaccord found that in ten emerging economies, surging car sales have doubled the value of their automotive finance and leasing markets in five years, to reach $182 billion Finaccord said: “The future of the global automotive …
Rating agency A.M. Best’s London office said it has obtained the necessary approvals to establish a branch operation in the Dubai International Financial Center in Dubai, UAE. The new office will serve Middle East-North Africa, South and Central Asia. The …
