Tony Dowding
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CRE Insurance
Harmonise VAT rules for financial services in EU, says Insurance Europe
Insurance Europe has called for a thorough review of the Value Added Tax (VAT) Directive to modernise and harmonise VAT…
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CRE Insurance
Small increase in US commercial insurance prices in fourth quarter of 2017
The fourth quarter of 2017 saw a modest increase in commercial insurance prices in the US, according to Willis Towers…
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Asia
Hong Kong insurers report 9.1% increase in premiums for 2017
The Hong Kong insurance industry saw a 9.1% increase in premiums for 2017, according to the Insurance Authority of Hong…
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Global Risk Manager
Latin American acquisitions create regional hub for Zurich’s Cover-More
Zurich Insurance Group has entered into agreements to acquire 19 leading providers of traveller assistance in Latin America, to boost…
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Analysis & Opinion
Bringing value to the chain: how blockchain can be used to help risk managers with global programmes
Blockchain is predicted by some to become the fifth major wave in computing – after mainframes, personal computers, the internet…
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CRE Insurance
Burford Capital launches adverse costs insurer in Guernsey
Burford Capital is to launch an insurer to address adverse costs risk. Burford Worldwide Insurance will be based in Guernsey…
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Africa
Global insurance sector M&As pick up in second half of 2017
Merger and acquisition (M&A) activity in the global insurance sector fell in 2017, according to Clyde & Co’s latest annual…
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Asia
China tightens up shareholding rules for insurers to improve transparency
The China Insurance Regulatory Commission (CIRC) has expanded the rules that govern shareholding in the country’s insurers, in an effort…
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Captives
Willis Towers Watson appoints head of Bermuda captive practice
Paul Bailie has been appointed as head of Willis Towers Watson’s Bermuda captive practice. Mr Bailie will be responsible for…
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CRE Insurance
Consortium to provide capacity for online trade credit platform Toredo
A consortium has been formed to provide capacity for Toredo, an online platform for single situation trade credit insurance. The…
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Asia
Ping An retains position as world’s most valuable insurance brand
Ping An has maintained its title as the world’s most valuable insurance brand, with a value of $26.2bn, according to…
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CRE Insurance
IAIS sets out its role and strategy for 2018 and beyond
The International Association of Insurance Supervisors (IAIS) remains on track to deliver its current commitments on ComFrame, the Insurance Capital…
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Asia
New head of Singapore business for ArgoGlobal
Lloyd’s insurer ArgoGlobal has appointed Veronica Grigg as senior executive officer for ArgoGlobal Asia. She will be based in the…
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Geopolitical
JLT acquires US trade credit and political risk broker
Jardine Lloyd Thompson Group plc (JLT) has acquired International Risk Consultants (IRC), a US specialist trade credit and political risk…
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Global Risk Manager
Swiss Re Corporate Solutions receives licence for Mexican subsidiary
Swiss Re Corporate Solutions has received formal authorisation from the local insurance authorities to operate as an insurer in Mexico.…
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Captives
Bermuda insurance sector sees continued growth in 2017
Bermuda registered 58 new insurers in 2017, ranging from captives and long-term re/insurers to special purpose insurers (SPIs), compared to…
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CRE Insurance
EIOPA recommends simplifications and improvements to SCR standard formula
The European Insurance and Occupational Pensions Authority (EIOPA) has recommended further simplifications and improvements to the calculation of capital requirements…
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Global Risk Manager
Gulf Cooperation Council insurers face moderate credit risk
Improving insurance regulation and premium growth in most Gulf Cooperation Council (GCC) countries is credit positive, but this is set…
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CRE Insurance
Zurich set to acquire QBE’s Latin American operations
Zurich Insurance has entered into an agreement to acquire the Latin American operations (Argentina, Brazil, Colombia, Ecuador and Mexico) of…
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CRE Insurance
EIOPA’s standalone role important but governance improvements needed, says Insurance Europe
Insurance Europe has welcomed the European Commission’s recognition of the need to maintain the European Insurance and Occupational Pensions Authority…