The departure of Guy Carpenter Emea CEO Nick Frankland to Aon Benfield has placed the spotlight firmly on reinsurance brokers' continued efforts to lure senior talent away from their competitors.
Weaker investment returns prompted by continued low interest rates and market volatility has caused Chinese insurers' profits to fall 35.7 percent to 156.96bn yuan ($23.2bn) year to date.
Paid claims for commercial and residential losses stemming from the Canterbury earthquakes in New Zealand in 2010 and 2011 have reached NZ$19bn ($13.6bn), according to the Insurance Council of New Zealand (ICNZ)
London-headquartered data analytics and underwriting management firm Sciemus has recruited three new staff to its space and aviation, cyber and power teams
