http://www.insuranceday.com/insday/international/rss.xml?channelName=INTERNATIONAL Latest NEWS articles from www.insuranceday.com http://static.informaprofessional.com/insday/img/insuranceday.png http://www.insuranceday.com http://www.insuranceday.com/insday/viewArticle.htm?id=253797&rss=true New head of Aon Benfield’s research team. MIKE Van Slooten has left Guy Carpenter to head up Aon Benfield‘s International Research team. In his new position, Van Slooten has been tasked with organising market security and research activities in ... Fri, 10 Sep 2010 10:27:02 GMT http://www.insuranceday.com/insday/viewArticle.htm?id=253797&rss=true 2010-09-10T10:27:02Z http://www.insuranceday.com/insday/viewArticle.htm?id=253791&rss=true No use of “the Fifth” for Stanford if he wants more Lloyd’s money. ALLEGED fraudster Allen Stanford, along with Laura Pendergest-Holt, Gilberto Lobez and Mark Kuhrt, will not be able to invoke the Fifth Amendment against interogatories from ... Fri, 10 Sep 2010 07:09:06 GMT http://www.insuranceday.com/insday/viewArticle.htm?id=253791&rss=true 2010-09-10T07:09:06Z http://www.insuranceday.com/insday/viewArticle.htm?id=253790&rss=true Igor should hit hurricane strength soon. TROPICAL storm watches have been lifted in the southern Cape Verde Islands with the continued westward movement of tropical storm Igor, which late Tuesday was downgraded to a tropical depression, the US ... Fri, 10 Sep 2010 07:04:23 GMT http://www.insuranceday.com/insday/viewArticle.htm?id=253790&rss=true 2010-09-10T07:04:23Z http://www.insuranceday.com/insday/viewArticle.htm?id=253789&rss=true Explorer quits Florida because of fraud. CALIFORNIA-headquartered Explorer Insurance has pulled out of the Floridian motor insurance market, stating in a September 3 letter to its more-than 400 authorized agents that “due to our deteriorating ... Fri, 10 Sep 2010 07:00:44 GMT http://www.insuranceday.com/insday/viewArticle.htm?id=253789&rss=true 2010-09-10T07:00:44Z http://www.insuranceday.com/insday/viewArticle.htm?id=253787&rss=true Citizens asks for 8.4% hike. CITIZENS Property Insurance Florida’s last-resort property insurer, told state regulators this week that it is seeking an average 8.4% increase in rates statewide owing in part to a jump in claims for sinkholes. The ... Fri, 10 Sep 2010 06:56:09 GMT http://www.insuranceday.com/insday/viewArticle.htm?id=253787&rss=true 2010-09-10T06:56:09Z http://www.insuranceday.com/insday/viewArticle.htm?id=253788&rss=true Poor Rome II drafting leads to ECJ. A High Court case involving a person injured in a French traffic accident has highlighted poor drafting of “Rome II”, which was intended to create a harmonized set of rules to govern the choice of law in ... Fri, 10 Sep 2010 06:51:13 GMT http://www.insuranceday.com/insday/viewArticle.htm?id=253788&rss=true 2010-09-10T06:51:13Z http://www.insuranceday.com/insday/viewArticle.htm?id=253786&rss=true AMP may bide its time on Axa APH. AUSTRALIA-based financial services group AMP is likely to delay any decision on making a new bid for Axa Asia-Pacific Holdings (Axa APH), but does not see its relatively weaker share price – down 25% this year – ... Fri, 10 Sep 2010 06:45:45 GMT http://www.insuranceday.com/insday/viewArticle.htm?id=253786&rss=true 2010-09-10T06:45:45Z http://www.insuranceday.com/insday/viewArticle.htm?id=253736&rss=true Marine insurer hits out at latest Iran sanctions. THE chief executive of Steamship Mutual has accused the US and the European Union of introducing sanctions against Iran without thinking of the potential ramifications. At the end of July, the ... Fri, 10 Sep 2010 05:18:00 GMT http://www.insuranceday.com/insday/viewArticle.htm?id=253736&rss=true 2010-09-10T05:18:00Z http://www.insuranceday.com/insday/viewArticle.htm?id=253598&rss=true PPI redress latest. ON August 10, 2010, the UK’s Financial Services Authority (FSA) published Policy Statement 10/12 on the assessment and redress of PPI complaints, report Helena Coates and Angus Rodger, of Steptoe & Johnson LLP. The new measures ... Thu, 09 Sep 2010 23:35:00 GMT http://www.insuranceday.com/insday/viewArticle.htm?id=253598&rss=true 2010-09-09T23:35:00Z http://www.insuranceday.com/insday/viewArticle.htm?id=253597&rss=true Keep an ear to the ground. TWELVE years ago, at the beginning of the last soft market, I was at the Rendez Vous in Monte Carlo and chatting to an underwriter as we walked into the Hotel de Paris. “The only way to make money in this market,” he ... Thu, 09 Sep 2010 23:25:00 GMT http://www.insuranceday.com/insday/viewArticle.htm?id=253597&rss=true 2010-09-09T23:25:00Z http://www.insuranceday.com/insday/viewArticle.htm?id=253765&rss=true Taffs to head Amlin aviation team. AMLIN LONDON has appointed Miles Taffs as head of aviation Taffs has been with Amlin London since 2003, when he joined as a leading class underwriter for aviation. He will take up the role on March 30 next year when ... Thu, 09 Sep 2010 16:46:57 GMT http://www.insuranceday.com/insday/viewArticle.htm?id=253765&rss=true 2010-09-09T16:46:57Z http://www.insuranceday.com/insday/viewArticle.htm?id=253761&rss=true IRDA shifts focus to reinsurance sector. INDIA’S insurance authorities are turning their attention to the reinsurance sector. The Insurance Regulatory and Development Authority (IRDA) has been focusing on drawing up regulations for the sales of ... Thu, 09 Sep 2010 16:04:25 GMT http://www.insuranceday.com/insday/viewArticle.htm?id=253761&rss=true 2010-09-09T16:04:25Z http://www.insuranceday.com/insday/viewArticle.htm?id=253760&rss=true ILS market resurgence continues. THE continued resurgence of the market for insurance-linked securities has been one of the notable industry trends since last year’s gathering in Monte Carlo. The ILS market has seen more than $30bn of cumulative ... Thu, 09 Sep 2010 15:47:57 GMT http://www.insuranceday.com/insday/viewArticle.htm?id=253760&rss=true 2010-09-09T15:47:57Z http://www.insuranceday.com/insday/viewArticle.htm?id=253759&rss=true Siemens’ insurance buyer joins HDI-Gerling board. THE German industrial insurance scene is going to witness a spectacular management move when Stefan Sigulla, currently insurance head at engineering and electronics giant Siemens and risk manager, ... Thu, 09 Sep 2010 15:35:44 GMT http://www.insuranceday.com/insday/viewArticle.htm?id=253759&rss=true 2010-09-09T15:35:44Z http://www.insuranceday.com/insday/viewArticle.htm?id=253756&rss=true NZ insurers well-insulated from quake losses, says Moody’s. RATING agency Moody’s has said that the direct losses for Australia-owned insurers operating in New Zealand will be “minimal”, mainly because of the “very conservative reinsurance ... Thu, 09 Sep 2010 14:54:07 GMT http://www.insuranceday.com/insday/viewArticle.htm?id=253756&rss=true 2010-09-09T14:54:07Z