Insurance- Page 70

The FINANCIAL -- According to a survey of insurance executives conducted by Lloyd’s at last week’s annual Risk and Insurance Management conference in Philadelphia, increased regulation is the top challenge facing the U.S. insurance industry.

The FINANCIAL -- It’s hard to believe that drought is still a problem in the UK, especially considering recent localised flooding. But in parts of England, especially in the South East, water levels are still as low as they were in 1976,

The FINANCIAL -- A large influx of payment protection insurance claims in the first quarter of 2012 has encouraged banks to shift the blame onto claims management companies in what Precision Claims believes to be a stunt to reduce the amount of

The FINANCIAL -- Unfortunately, there are a few business owners who get just enough cover to feel comfortable, without actually getting the coverage they really need.

The FINANCIAL -- Swiss Re Ltd. secures USD 400 million in natural catastrophe coverage through a newly-formed issuer Mythen Ltd., a flexible programme that allows Swiss Re to cede wind risks in both the United States and Europe to the capital markets.

The FINANCIAL -- Zurich Financial Services Group announces the appointment of Tim Bailey (38, British citizen) to the position of Chief Risk Officer Global Life, with immediate effect.

The FINANCIAL -- Swiss Re Corporate Solutions announced that it has received a licence from the Dubai Financial Services Authority to operate in the Dubai International Financial Centre.

The FINANCIAL -- As previously announced, starting per the first quarter of 2012, ING will adjust the reporting structure to align it with the changes in ING Bank’s governance structure.

The FINANCIAL -- Zurich Financial Services Group announces the appointment of Nicolas Burnet to the position of Chief Financial Officer Global Life, with immediate effect.