International
U.K. Regulators Watching Impact of Capital Influx on Insurers
British regulators are scrutinizing the impact of the wave of capital from investors such as hedge and pension funds on the insurance industry. "The availability of this additional capital inevitably ...
Surge in Firms Based in Emerging Markets to Reshape Corporate World: McKinsey
The number of large emerging market companies will surge in coming years and they will become competitors but also customers for rich-country firms, according to a new study. Almost three-quarters of ...
Delaying Solvency II Until 2016 Would Harm Insurers: Hulle at FERMA
Further delays to the implementation of Solvency II would compromise the ability of European insurers to deliver protection for their clients in a riskier world, according to a leading insurance ...
Allianz Global Corporate & Specialty Opens New Branch in Sweden
Allianz Global Corporate & Specialty AG (AGCS) has opened its newest branch in Stockholm, Sweden, further expanding its services within the Nordic Region. Since 2009, AGCS has been active in ...
Aspen Re Appoints Lewis as London Head of Casualty Re
Aspen Reinsurance, the reinsurance segment of Aspen Insurance Holdings Ltd, announced the appointment of Jamie Lewis as head of its casualty reinsurance business in London on Tuesday. Lewis will be ...France’s Axa Sells Majority Stake in Private Equity Unit
Axa SA, France's biggest insurer, sold a majority stake in its private equity unit to its management, led by founder Dominique Senequier. The transaction values Axa Private Equity, which oversees ...
Moving Beyond Golf Balls and Diapers in Cleaning Up Energy Disasters
Diaper liner, sawdust, golf balls and shredded tires -- these are some of the items used to try and contain the oil and nuclear disasters that marked the end of this century's first decade and the ...
Insurers Face $4.7B Bill for Summer Hail Storms in France, Germany
Insurers nursing hefty losses from severe spring floods in Europe face paying out a similar amount again after areas of Germany and France were repeatedly pounded by grapefruit-sized hail stones over ...