News

Insurers have to balance strategic initiatives with operational and tactical changes in order to succeed in 2012. Thats the call to action presented by the research and consulting group Strategy Meets Action (SMA) in the latest in its Insurance Ecosystem Research Series.

Insurers have to balance strategic initiatives with operational and tactical changes in order to succeed in 2012. Thats the call to action presented by the research and consulting group Strategy Meets Action (SMA) in the latest in its Insurance Ecosystem Research Series.

London-based insurance broker Jardine Lloyd Thompson Group plc says it will combine its existing Spanish retail broking business JLT-SIACI Espana S.L. with the business of March-Unipsa Correduria de Seguros, S.A.U.

Lloyd's estimates its net claims from last year's flooding in Thailand will be $2.2 billion, based on its estimate of $15 billion to $20 billion in losses for the insurance industry overall.

First Sealord, a bond and surety insurance company based in Villanova, Pa., has been placed in receivership.

First Sealord, a bond and surety insurance company based in Villanova, Pa., has been placed in receivership.