May 2014

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Global News

Insurers derived best share price outcomes when acquiring in same country, Towers Watson

The most positive share price outcomes have resulted from acquisitions completed in the acquiring company's own country.

AXA and Facebook enter strategic partnership

AXA and Facebook have entered into a strategic partnership in order to accelerate their marketing and commercial collaboration in the digital, social and mobile sphere in France and globally:

Allied World approved to launch managing agency at Lloyd's

Allied World has officially received approval from Lloyd's, the Prudential Regulation Authority and the Financial Conduct Authority to launch its own managing agency, Allied World Managing Agency Ltd, at Lloyd's.

Most European insurers ready for Solvency II - EY

Nearly 80% of European insurers expect to fully meet all requirements of Solvency II by the new deadline, 1 January 2016, according to a survey conducted by EY of more than 170 carriers in 20 countries across Europe about their Solvency II preparations.

Worldwide Broker Network™ adds new partner firms

Worldwide Broker Network™, the world's largest fully integrated network of independent property and casualty and employee benefits brokers, added three new partner firms and an associate member in the first quarter of 2014.

Swiss and US winners for 2014 Shin Research Excellence Award

The Geneva Association and the International Insurance Society (IIS) have announced the winners of their collaborative insurance research programme, the Shin Research Excellence Awards, which is endowed by Kyobo Life Insurance Company.