International
Morrill Joins Ironshore Board of Directors
Ironshore Inc. announced that Michael E. Morrill has been appointed to its board of cirectors, serving as chairman of the Underwriting and Risk Committee. Morrill is the former deputy chairman of ...
What to Expect in Commercial Lines Pricing in 2014: Willis
Commercial property insurance buyers could see prices fall from 10 to 20 percent on non-catastrophe risks in 2014 thanks to the influx of alternative capital to the insurance industry, insurance and ...
Iranian Trade with India Hit by Insurance Delay: Reuters
Oil and container trade between India and Iran has been disrupted due to uncertainty over insurance cover, leaving some ships stranded outside ports in both countries, industry sources said. The ...Insurers Making ‘Immense Changes’ Under Solvency II: German Insurer CEO Goerg
Insurers in Europe will make "immense changes" to their business when new risk-based rules are put in place, the chief executive officer of Gothaer Group and head of a group representing German ...
Moody’s: China’s P/C Insurers to Benefit from Shanghai Free Trade Zone
The new Shanghai free trade zone should benefit property/casualty insurers, particularly those in marine/cargo and liability insurance, according to Moody's Credit Outlook. On Sept. 29, the date that ...
Experts See U.S. Default As Financial Apocalypse
Anyone who remembers the collapse of Lehman Brothers Holdings Inc. little more than five years ago knows what a global financial disaster is. A U.S. government default, just weeks away if Congress ...
World Bank: Poor Countries Should Manage Risk, Expand Insurance to Grow
Developing countries should be more willing to take risks that have the potential to spur growth, the World Bank said in a report. While disregarding risk can lead to economic disaster, too much fear ...
EU-U.S. Split Over Financial Regulation As Government Shutdown Delays Trade Talks
Even before the cancellation of the latest round of EU-U.S. talks, negotiations to create the world's largest free-trade deal were getting into difficulty territory. France won a concession to leave ...