Emerging Markets
Hiring Spree for Agents May Fuel Misselling Risk for Chinese Insurers
Chinese insurers are on a hiring binge, recruiting an army of agents to sell their products to a burgeoning middle class, but the risk of misselling by inexperienced agents on commission could prove ...
AIG Reportedly Axes Four Senior Real Estate Group Execs
American International Group Inc., the insurer that's been slashing jobs to cut costs, dismissed four senior members of its real estate business including the group's chief executive officer, Robert ...
U.S., China and Germany: 2014’s Largest Commercial Lines Markets
The U.S., China and Germany were the world's largest commercial lines markets in 2014, but emerging markets offered much higher growth rates, Finaccord found in a new report. Broken down, the U.S. ...
Ironshore Expands Into New Zealand Market
Ironshore Inc., now fully owned by Chinese mega-conglomerate Fosun Group, has entered the New Zealand market in a move that furthers its Asia Pacific expansion. Specifically, Ironshore International ...
The U.S. and China Will Expand a Planned Cybercrime Crackdown
U.S. and Chinese officials have agreed to expand cooperation to crack down on cybercrime as China's state- run news agency said a hacking attack on the U.S. Office of Personnel Management was carried ...
The Latest Launches from Ironshore, Allied World, Navigators and More
Ironshore, Allied World, Navigators Group and Aon Benfield all have new products this week. *** Ironshore International is rolling out a hybrid insurance product designed to address clients such as ...
Executives On The Move at Berkley, ACE and OneBeacon
W.R. Berkley Corp. named a new senior vice president with an international focus, ACE Group appointed three people who will help grow its Middle East and North Africa business, and OneBeacon ...
Eight Lloyd’s Syndicates Commit $400M Capacity to Fill Cat Protection Gap
Eight Lloyd's syndicates are joining forces to tackle the problem of underinsurance in emerging economies across Latin America, Africa, and Asia—committing capacity of $400 million towards ...