Emerging Markets
China Likely to Turn to Insurers, Pension Funds for Private Capital
As China embarks on a new wave of opening up state-dominated industries to private capital, foreign firms will largely be kept out and authorities are likely to look to institutions like domestic ...
ACE Establishes Eurasia & Africa Region Business; Names Regional Leader
ACE Group announced today that it has established a new business region, Eurasia & Africa, as part of its Overseas General division—the general insurance operations of the company outside North ...
Most Profitable Insurer Piggybacks on Bank Sales Channel
BB Seguridade Participacoes SA's strategy of piggybacking on its corporate parent's 5,400 bank branches to sell policies is making it the world's most profitable insurer. The company will post a 44 ...
AXA Seeking Acquisitions in Emerging Markets
French insurance group AXA is looking for more acquisitions in emerging markets, the company said after posting a 14 percent rise in full-year net income and lifting its dividend by 13 percent. Faced ...
China Relaxes Investment Rules for Insurance Companies
China's insurance regulator loosened curbs on insurers' investments, scrapping ceilings on fixed- income holdings and simplifying rules to help the industry bolster returns. The China Insurance ...
Richer Nations at Risk from Sell-Off in Emerging Markets
Any spill-over damage to the developed world from a sell-off in emerging markets is likely to come through violent swings in financial flows rather than via lost trade, with Japan seen as most ...
21 Insurers, Brokers Launch Oasis ‘Open Source’ Cat Model
The Oasis Loss Modelling Framework has unveiled what it describes as "the most significant development in the modelling of natural catastrophe losses for 20 years"—the launch of an independent, ...
Reinsurance at Crossroads Part 2: Emerging Markets and Risks; the Road Ahead
As detailed in Part 1, "The Market in the Developed Economies" the reinsurance industry faces the task of partially reinventing itself to expand in those sectors where it can achieve growth. Property ...