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Insurance Day

Articles for 30 November 2012

London Market Awards 2012 winners London Market Awards 2012 award winners:

Industry rainmaker Robert Hiscox and JLT chief executive, Dominic Burke, headed the honours list at a glittering ceremony attended by more than 500 executives
Online Published Date: 2012-11-30T00:00
Appeared in issue: 2012-11-30T00:00

Direct Line earmarks a further 236 redundancies as it attempts to make £100m cost savings

Insurer puts staff in risk and compliance and commercial segments on alert
Online Published Date: 2012-11-30T00:00
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US crop insurers told to reduce soybean premium rates for 2013

Despite heavy losses in 2012, premium rates set to fall for 2013
Online Published Date: 2012-11-30T00:00
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MicroEnsure launches policy to give Ghanaian children education opportunities

Intermediary says new policy will help children in the event of death or disability among parents
Online Published Date: 2012-11-30T00:00
Appeared in issue: 2012-11-30T00:00

Sandy losses continue to emerge amid ongoing uncertainty as to industry loss

Allstate, Selective and Cincinnati reveal estimates
Online Published Date: 2012-11-30T00:00
Appeared in issue: 2012-11-30T00:00

Swiss Re invests $500m in infrastructure debt

Reinsurer Swiss Re has announced plans to invest $500m in infrastructure debt, using Australian financial services group Macquarie to manage the investment. The investments will relate mainly to senior secured debt for infrastructure business and assets in Northern Europe.
Online Published Date: 2012-11-30T00:00
Appeared in issue: 2012-11-30T00:00

Zurich ‘on track’ to meet its 2013 targets

Zurich Insurance Group has kept its “challenging” targets for 2013 unchanged and, according to CEO Martin Senn (pictured), is “making good progress to achieve them”.
Online Published Date: 2012-11-30T00:00
Appeared in issue: 2012-11-30T00:00

Novae Group sponsors Prince’s Trust comedy gala – We Are Most Amused

Gala hosted by Ben Elton also featured Jimmy Carr, Stephen K Amos and Sanjeev Bhaskar
Online Published Date: 2012-11-30T00:00
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Hurricane Sandy: Disease outbreak follows storm

World Loss Intelligence: Lives and Livelihoods
Online Published Date: 2012-11-30T00:00
Appeared in issue: 2012-11-30T00:00

Hurricane Sandy: Act Alliance requires $1.6m to hit Haiti appeal target

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Online Published Date: 2012-11-30T00:00
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Guatemala earthquake: Zero degree temperatures worsen humanitarian situation

World Loss Intelligence: Lives & Livelihoods
Online Published Date: 2012-11-30T00:00
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Burma earthquake: Japan dispatches emergency relief supplies

World Loss Intelligence: Lives & Livelihoods
Online Published Date: 2012-11-30T00:00
Appeared in issue: 2012-11-30T00:00

Darfur crisis: UN and partners appeals for $983m

World Loss Intelligence: Lives and Livelihoods
Online Published Date: 2012-11-30T00:00
Appeared in issue: 2012-11-30T00:00

Chartered Insurance Institute unveils diversity and equality good practice guide Community

Guide provides tips, case studies and resources to professionals
Online Published Date: 2012-11-30T00:00
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Braemar targets further Singapore briefings in 2013

Salvage body says Singapore is growing as marine insurance hub
Online Published Date: 2012-11-30T00:00
Appeared in issue: 2012-11-30T00:00

Memorial service for KB Smith – December 5

A memorial service will be held next Wednesday (December 5) to celebrate the life of distinguished Marsh and Guy Carpenter employee Kathleen B Smith.
Online Published Date: 2012-11-30T00:00
Appeared in issue: 2012-11-30T00:00

South named head of Marsh’s newly created Asia Pacific unit as international tinkering continues On the move

Martin South has been named the head of Marsh’s newly created Asia Pacific operation just six months after taking responsibility for Continental Europe.
Online Published Date: 2012-11-30T00:00
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Former HP executive joins Xchanging to lead global insurance services growth

Adrian Guttridge, a former vice president of Hewlett Packard’s business process outsourcing operations for Europe, the Middle East and Africa has joined Xchanging to lead its global insurance services business.
Online Published Date: 2012-11-30T00:00
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Kennedys recruits Cashin to Hong Kong office

Peter Cashin, credited with developing the Asia Pacific practice of CMS Cameron McKenna before taking in house roles at insurance groups including AIA and MetLife, has joined Kennedys’ Hong Kong office as a partner in its corporate and commercial group.
Online Published Date: 2012-11-30T00:00
Appeared in issue: 2012-11-30T00:00

If P&C veteran Wennerklint takes on additional role as Hestvik quits

Ricard Wennerklint, deputy managing director of Sampo subsidiary If P&C, is taking on the duties of acting head of business area private at the insurer following the resignation of the incumbent, Line Hestvik.
Online Published Date: 2012-11-30T00:00
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RPC adds Lockton International’s general counsel to corporate team

Lockton International’s general counsel, Charley Taggart, is to move back into private practice, joining RPC as a partner in the law firm’s corporate insurance team.
Online Published Date: 2012-11-30T00:00
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Sart appoints formerAce man Larry Kwok

Larry Kwok, the former marine manager for Greater China at Ace Insurance (Hong Kong), has joined Lloyd’s coverholder Sart Underwriting as chief marine underwriter, with responsibility for establishing a marine liability business, expanding its existing marine cargo account.
Online Published Date: 2012-11-30T00:00
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Lockton recruits XL veteran Nichol as specialist adviser

Terry Nichol, a former regional manager for underwriting operations at XL Insurance has joined Lockton as a specialist business insurance and risk adviser to industrial, commercial and professional services firms around the world.
Online Published Date: 2012-11-30T00:00
Appeared in issue: 2012-11-30T00:00

REVIEW

The AWD brand will die in 2013, 25 years after Allgemeiner Wirtschaftsdienst – as Hannover based AWD was once officially known – was founded by Carsten Maschmeyer.
Online Published Date: 2012-11-30T00:00
Appeared in issue: 2012-11-30T00:00

Power behind the throne What is your favourite…

David Coupe, principal of EC3\Legal, introduces himself and his experience in 28 years of working in the City
Online Published Date: 2012-11-30T00:00
Appeared in issue: 2012-11-30T00:00

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