Industry | Reactions - Global Insurance

Broking Subscribe to RSS feed

Brown & Brown acquires advocacy services 01 September 2010

US broker Brown & Brown has acquired all the assets of Crowe Paradis and two related entities.
Gallagher acquires employee benefits broker 01 September 2010

Arthur J Gallagher & Co, the international insurance brokerage and risk management services firm, has acquired Old Greenwich Consulting Group located in New York.
Former Aon VP sets up new firm 31 August 2010

A former senior vice president at brokerage firm Aon Corporation has set up a new firm called Benefits & Risk Solutions.
CNinsure posts H1 results 24 August 2010

China’s CNinsure has received total net revenues of $95.5m in the first half of 2010, up by 29.2%, from the same period of 2009.

AIG hires 11 bookrunners for AIA listing 03 September 2010

American International Group has appointed 11 bookrunners for its pan-Asian life insurance unit’s IPO, The Wall Street Journal reports.
Discovery posts H1 results 03 September 2010

South Africa’s Discovery Holdings has posted results for the first half of 2010. The company’s operating profit increased by 36% to $345.045m, while its gross inflows under management exceeded $5.658bn in the first six months of this year.
Insurance regulators hire BlackRock 03 September 2010

The National Association of Insurance Commissioners in the US has appointed BlackRock to evaluate commercial mortgage holdings for the insurance industry.
Newbridge sells $1.2bn Ping An shares 03 September 2010

Newbridge Capital has raised $1.2bn by selling shares in Chinese insurer, Ping An Insurance, Bloomberg reports

Evacuations as weakened Earl nears North Carolina 02 September 2010

Hurricane Earl weakened slightly to a Category 3 storm on Thursday as it approached the North Carolina Coast, reports Reuters.
Typhoon Kompasu hits South Korea 02 September 2010

Typhoon Kompasu hit South Korea on Thursday morning, killing three people, reports CNN,
Losses from Earl between $50m and $150m 01 September 2010

As Hurricane Earl approaches the east coast of the US, AIR Worldwide has estimated that already insured losses from Hurricane Earl’s passage near the northern Leeward Islands earlier this week are between $50m and $150m.
FEATURE: Coping with shocks to the system 31 August 2010

Globalisation has opened up a dazzling amount of opportunity for the business world. But it has also produced an unprecedented level of risk for the insurance industry to deal with.

Moody’s adjusts Glacier Re cat bonds outlook 01 September 2010

Following the announcement that Glacier Re is going to run-off, Moody's Investors Service has changed its outlook on the Glacier Re sponsored Nelson Re Class H and Class I catastrophe bonds to negative and Class G still at Ca (sf) developing.
Convergence Quarterly: Q2 ILS activity 27 August 2010

The insurance-linked securities market had an impressive second quarter. It was so good some believe full year cat bond issuance could now beat last year’s total.
Swiss asset manager unveils cat bond index 25 August 2010

Swiss asset manager, Alternative Beta Partners, has unveiled a securities cat bond index, Reuters reports.
ILS market thrives, provides 13% return: Aon 23 August 2010

Despite a challenging capital markets environment, ILS continue to provide value to sponsors and investors, according to Aon Benfield Securities, the investment banking division of Aon Benfield.

Evacuations as weakened Earl nears North Carolina 02 September 2010

Hurricane Earl weakened slightly to a Category 3 storm on Thursday as it approached the North Carolina Coast, reports Reuters.
Low premiums to expose reinsurers: Fitch 02 September 2010

The reinsurance sector will be exposed to insured loss from the Atlantic storm season as their reserve capital was used to offset low premiums, according to Fitch Ratings, Reuters reports.
Munich Re opens new Japanese life branch 02 September 2010

European reinsurer Munich Re has opened a new life reinsurance branch office in Japan in order to meet the rising demand for consultative services.
Typhoon Kompasu hits South Korea 02 September 2010

Typhoon Kompasu hit South Korea on Thursday morning, killing three people, reports CNN,