Insurance Insight – top 10 stories

The top 10 most popular articles published on insuranceinsight.eu over the past seven days.

1/ Mayer leaves Aviva as part of management restructure
Igal Mayer has left Aviva as part of a mangement restructure to 'simplify' and 'focus' the business, after little more than a year in his role.

2/ Insurers must develop policies responsive to evolving risk landscape
A paper published by Marsh urges insurers to re-examine risk management strategies and introduce procedures that strengthen operational and financial resilience.

3/ Fringe markets to drive takaful gross contributions to $12bn
Global takaful contributions grew by 19% to $8.3bn in 2010, according to Ernst & Young's World Takaful Report 2012.

4/ XL aims for 'nimble' business with restructure of International casualty unit
XL Group has restructured its International Primary Casualty business into four teams to be more nimble.

5/ Onshore captives on the rise
Organisations are increasingly forming captives onshore in the European Union or United States, while the use of alternative captive structures is growing, especially among smaller organisations, according to Marsh.

6/ Zurich relocates Dubai office
Zurich Insurance Group has relocated its Dubai General Insurance offices to accommodate growing operations in the United Arab Emirates and increase convenience for customers and partners.

7/ Energy insurers discriminating in favour of differentiated risks
The energy market recorded its worst ever year for non-windstorm losses in 2011 with close to $9bn in combined insured and uninsured total losses, according to Willis' Energy Market Review.

8/ Uniqa exits Germany as Continentale aquires Mannheimer
The Continentale insurance group has signed an agreement to acquire 92% of the shares of Mannheimer AG Holding from Austrian firm Uniqa.

9/ Iran insuring oil tankers as sanctions bite
Iran is insuring tankers transporting its oil to buyers at a cost of millions of dollars per delivery, according to reports.

10/ Microinsurance extended to Nepal's rural poor
A microinsurance scheme for Nepal's rural poor is to be established next month, according to local paper The Himalayan Times.