Strategy
China’s Ping An Insurance Reports 40 Percent Profit Gain in 2014
Ping An Insurance (Group) Co., China's second-biggest insurer, said profit rose 39.5 percent last year as stock-market rallies bolstered its investment returns and it accelerated overseas property ...
RMS Targets New Economic Exposure Datasets For 5 Asia Pacific Countries
RMS said it is rolling out new economic exposure datasets for five Asia Pacific countries, information that should better help perform detailed risk assessments for potential natural disasters. The ...
Economic Losses From Natural Disasters Could Hit $750 Billion Annually in 15 Years: AIR Study
Economic losses from global natural catastrophes likely will triple over the next 15 years, unless steps are taken to reduce bad development choices, according to preliminary results of a catastrophe ...
AAIS, ACORD Partner on Standards for Insurers
Two major organizations that supply standard forms, rating information and policies to the property/casualty insurance industry have agreed to work more closely together. The American Association of ...
AmTrust Will Grow Commercial Insurance Presence With ARI Mutual Buy
AmTrust Financial Services said it has agreed to buy ARI Mutual Insurance Company, a deal that will give it access to a number of regional commercial insurance products and related distribution ...
AIG Buys Controlling Stake in NSM, Expanding Specialty Lines
American International Group Inc., the largest commercial insurer in the U.S. and Canada, bought a controlling interest in NSM Insurance Group as it seeks to expand niche offerings. NSM collects more ...
Former Zurich Insurance Exec Joins Berkshire Hathaway Specialty’s Singapore Team
Berkshire Hathaway Specialty Insurance continues to build its Singapore executive team, this time with a new hire from Zurich Insurance Group. Min Ong will serve as Asia Regional Head of Energy and ...
Amlin Sets Sights on Latin American Growth With New Miami Beachhead
Amlin Plc, a Lloyd's of London insurer and reinsurer, is the latest carrier to expand its focus on Latin America by way of Miami. The new Amlin office had a soft launch last October and formally ...