http://businessinsurance.com/section/news04 http://www.businessinsurance.com en-us Wed, 19 Jun 2013 01:23:55 EST 10 http://businessinsurance.com/article/20130618/NEWS04/130619789 20130618/NEWS04/130619789 (Reuters) — Insurers should not be forced to hold extra capital just because of their size, because the extra cost would simply be passed on to consumers, U.S. regulators said Tuesday. Tue, 18 Jun 2013 15:30:00 EST http://businessinsurance.com/article/20130618/NEWS04/130619804 20130618/NEWS04/130619804 London-based brokerage Cooper Gay Swett & Crawford Ltd. has hired Oliver Home as global head of mergers and acquisitions. Tue, 18 Jun 2013 11:16:30 EST http://businessinsurance.com/article/20130618/NEWS04/130619806 20130618/NEWS04/130619806 Nick Prettejohn will step down from his role as nonexecutive chairman of Brit Insurance Holdings B.V. at the end of June, the insurer said Tuesday. Tue, 18 Jun 2013 10:14:32 EST http://businessinsurance.com/article/20130618/NEWS04/130619807 20130618/NEWS04/130619807 SEOUL, South Korea — Demographic shifts are causing a talent shortage in the insurance industry, and companies must rethink their recruitment and retention strategies to reflect those changes, several experts say. Tue, 18 Jun 2013 10:04:49 EST http://businessinsurance.com/article/20130618/NEWS04/130619808 20130618/NEWS04/130619808 SEOUL, South Korea — As the business environment changes, insurers need to make significant adjustments to their strategies in order to succeed, said David Law, global insurance leader at PricewaterhouseCoopers L.L.P. in London. Tue, 18 Jun 2013 10:01:32 EST http://businessinsurance.com/article/20130618/NEWS04/130619812 20130618/NEWS04/130619812 SEOUL, South Korea — Governments and insurers should collaborate to address the huge effect that massive demographic and social changes will have on global retirement savings systems, a panel of experts said Tuesday. Tue, 18 Jun 2013 09:41:37 EST http://businessinsurance.com/article/20130617/NEWS04/130619831 20130617/NEWS04/130619831 Fireman's Fund Insurance Co. said Monday that Andrew Torrance will become president and CEO for the Novato, Calif.-based insurer this summer. Mon, 17 Jun 2013 13:23:45 EST http://businessinsurance.com/article/20130617/NEWS04/130619833 20130617/NEWS04/130619833 A. Greig Woodring, president and CEO of Reinsurance Group of America Inc., has been elected chairman of the International Insurance Society. Mon, 17 Jun 2013 10:32:02 EST http://businessinsurance.com/article/20130617/NEWS04/130619834 20130617/NEWS04/130619834 The European insurance regulator has published results of its review of long-term guarantee rules for Solvency II, the proposed risk-based capital regulatory regime for insurers in Europe that has been delayed because of disagreement on how long-term... Mon, 17 Jun 2013 10:21:37 EST http://businessinsurance.com/article/20130617/NEWS04/130619835 20130617/NEWS04/130619835 SEOUL, South Korea — There is great potential to grow life insurance sales in Asia, but insurers need to plot a careful strategy if they are to take advantage of that potential, two leading life insurance executives said Monday. Mon, 17 Jun 2013 10:13:21 EST