Even though China gets most of the headlines, there’s been slow, but steady, progress for private insurers in Asia’s other billion plus people country – India. Although its rate of growth has slowed recently, mirroring the slowdown in the global …
UK motor [auto] insurance premiums “have continued to rise in 2011, with some drivers facing price increases of up to 50 percent,” according to findings of the annual UK Motor Market Review by Willis Re. It also noted a significant …
The Aon Benfield Analytics’ Market Analysis team has published the latest edition of its Aon Benfield Aggregate (ABA) report, which assesses the financial performance of 28 of the world’s leading reinsurers in the first nine months of 2011, and examines …
A new sigma report, “Product innovation in non-life insurance,” from Swiss Re underscores the conclusion that there’s “much more to innovation in non-life insurance than people think.” In effect the report stresses that, “although a changing environment continuously forces the …
An independent panel urged legal action against executives who covered up a $1.7 billion accounting scandal at Japan’s Olympus Corp, and said others who knew about it should be replaced. But its findings failed to satisfy the ex-CEO who blew …
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp., has launched its China Property & Casualty Insurance and Reinsurance Market Report, which,” it said “reveals the opportunities and challenges vital for any insurer formulating a strategy in …
An increase in heat waves is almost certain, while heavier rainfall, more floods, stronger cyclones, landslides and more intense droughts are likely across the globe this century as the Earth’s climate warms, U.N. scientists said on Friday. The U.N. Intergovernmental …
A new report from A.M. Best examines New Zealand’s non-life insurance market, which it describes as being “in a state of transformation as it grapples with prolonged earthquake activity in addition to regulatory developments.” The report, “New Zealand’s Insurance Market …
Allianz reported Net income of €258 million [$353.46 million] for the third quarter of 2011, compared to €1.268 billion [$1.737 billion] in Q3 2010, a 79.7 percent drop. For the first nine months of the year Allianz’ net income was …
Aon Risk Solutions, the risk management business of Aon Corp., has released the latest edition of its aviation data report –”Airline Insurance Market Indicators 2011/12,” which concludes that “as the frenetic renewal season in the aviation insurance market starts, premium …
