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Home . International Insurance News . By week . Insurance News, Global Insurance, Risk Management & Health Insurance News

Insurance News, Global Insurance, Risk Management & Health Insurance News

Sunday, December 05, 2010

Editor’s Highlights | Week of November 28, 2010
 
November 28 – December 4, 2010: A cross section of news from around the world
 
 
Selected news & people

Zurich North America reports that its International Surety, Credit & Political Risk group has executed an alliance agreement with Sace, Italy’s insurance and financial group controlled by the Italian Ministry of Economy and Finance – More »
 
Allied World Announces Completion of Redomestication of Holding to SwitzerlandMore »
 
Australian Prudential Regulation Authority General Insurance Quarterly Report (ending September 2010) – More »
 
Arthur J. Gallagher acquired Premier Risk Services, an Illinois retail insurance broker, its 15th announced acquisition this year. – More »
 
Funk and Lockton Extend Client Service Agreement – More »

Risk of Cyber Attacks Must be a Board-Level Concern – More »

Zurich closes the acquisition of Compagnie Libanaise D’Assurances in Lebanon – More »

Preliminary estimates for 2010 from Swiss Re sigma show that natural catastrophes and man-made disasters caused economic losses of USD 222 billion and cost insurers USD 36 billion More »

Endurance launches U.S. Contract Binding Authority – More »

Markel’s Alan Kirshner to be absent most of December and January – receiving medical treatment – More »
 
Word on the street: Don Bailey going to run Allstate’s P&C Unit. Willis North America Appoints Vic Krauze as Chairman and Chief Executive Officer to replace Don Bailey. More »

Hannover Re insures energy savings guarantees in the United States – More »
 
Ascot Acquires Renewal Rights on Jubilee’s Commercial Motor AccountMore »
 
Willis Marine Market Review: Surplus Capacity Defies Logic – More »
 
New capital modelling tool for the proposed Solvency II regulationsMore »
 

Personal Lines
 
Automobile Insurance for Teens: How to Stay Safe and Keep Costs Down – More »
 
Homeowners Insurance: Four Tips to Keeping Costs DownMore »
 
 
Premium Tax Update
 
Australia: A new schedule of fire service(s) levies and stamp duties has been posted for clients.  
 
 
Life, Benefits, Pension & Healthcare

Group Health Rates Continued to Climb According to Survey – More »
 
Critical Illness Insurance Forecasted to Be Fast Growth Opportunity of 2011 – More »
 
 
Of Interest

A Nomadic Insurance Pitchman, Luring New Consumers - Progressive is following the lead of other insurers such as Allstate, State Farm and Geico by launching a multiple advertising campaign involving characters, endorsers and cartoon spokesmen. More »
 
 
Play of the week
 
OSU’s Broderick Brown tips in a misfire from OU’s Landry Jones to Shaun Lewis during November 27, 2010 match-up. View »
 



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