All Commercial Insurance articles – Page 4
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Online onlyInsurers unprepared for Solvency II: Deloitte
Survey finds insurers complacent about Europe’s new capital adequacy directive
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Online onlyChallenging times ahead for US P/C insurers: EY
Ernst & Young issues its 2008 US Outlook for the property/casualty insurance industry
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Online onlyMarsh opens China advisory branch in London
The broker opens a London based division of China Global Client Services
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Online onlyISB appoints director of risk engineering
International Space Brokers appoints Jared Ball
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Brown to lead Aon’s UK corporate unit
New chief executive for Aon’s commercial insurance division
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Online onlyInsurers to pay $6.5bn in 2007 cat claims: ISO
144,000 commercial lines claims cost an estimated $1.3bn for damage from 23 catastrophes in 2007
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US plea bargains raise exposures, warns Marsh
Companies Act stipulates that indemnification of a director’s legal costs by their company is not allowed if the director is found guilty in a prosecution
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Online onlyGAIG creates new environmental division
New division will provide coverage up to $25m in policy limits
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Online onlyHouse of Representatives approves amended TRIA
The US House of Representatives has voted to extend and expand the post-9/11 terrorism risk insurance program
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Interviews
Zurich elevates CRO to exec status
Appoints Axel Lehmann to the role of chief risk officer
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Online onlyCEIOPS publishes its QIS3 report
PWC comments on the main findings of the Solvency II framework study
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Aon Re Global Fac launches specialist residual value unit
Based in London new team will handle RVI business exclusively
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Online onlySubprime crisis continues to impact financial institutions around the world
Willis publishes report on repercussions in the insurance market and beyond
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Evolution teams up with Allianz for public liability product
The commercial underwriter has added excess of loss public liability to its portfolio, the new contract is provided by Allianz
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Online onlySafeco expects $35m in California wildfire losses
The estimated loss includes $5m in commercial property claims
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Businesses unprepared for terror attacks
Over 80% of property professionals believe businesses are ill-equipped to cope with a terrorist incident, reveals Lockton
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Online onlyMorley to form joint venture in China
Morley has formed a fund management joint venture in China with China National Oils, Foodstuffs and Cereals Corporation
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