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Read the latest edition of AIR and MEIR as an Interactive e-book

Nov 2014

Global News

Willis launches Disease Response Center site amid Ebola threat

Willis is closely following developments related to the Ebola virus and has launched its Disease Response Center microsite, a one-stop hub for clients and Associates on willis.com. The portal features a comprehensive set of resources to help firms prepare their workplaces for the Ebola threat.

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Influx of new capital continues to reshape reinsurance market - Guy Carpenter

In the last 24 months, approximately US$20 billion of new capital has entered the market through investments in insurance-linked securities, funds and sidecars as well as the formation of hedge fund-related reinsurance companies and collateralized reinsurance vehicles, said Guy Carpenter & Company, LLC, in their report, Reinsurance: The Capital Markets Evolution Continues.

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Lloyd's reports 21% increase in profit for 1H 2014

Lloyd's reported a profit of GBP1.67 billion (US$2.86 billion) for the first six months of 2014, marking a 21% increase on the corresponding period last year.

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Insurance industry to double its climate-smart investment by end of 2015

The global insurance industry, which currently accounts for a third of the world's investment capital, has pledged to increase its climate-smart investments - from US$42 billion to $84 billion by end of 2015.

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Mutuals and cooperatives are the fastest-growing insurance sector since 2007 - ICMIF

Updated figures from the International Cooperative and Mutual Insurance Federation (ICMIF) continue to highlight that the mutual and cooperative model has been the fastest-growing part of the global insurance industry since 2007.

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IFC-World Bank partners with AXA to boost insurance coverage globally

Recognising the crucial role of the insurance sector in enabling and fostering innovation, private sector growth and overall economic development, the International Finance Corporation (IFC) - a member of the World Bank Group and the largest multilateral provider of financing for private enterprise in emerging markets - and AXA have entered into an ongoing global partnership (mainly in Asia, Africa and Latin America).

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