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The loss of Air France Flight 447 off the coast of Brazil could have a hardening effect on aviation insurance rates, an aviation insurance expert said, but the full impact probably won't be known until year's end.

A majority of large insurers in a survey said they are planning to expand internationally within the next 12 months despite the ongoing economic turmoil.

The loss of Air France Flight 447 off the coast of Brazil could have a hardening effect on aviation insurance rates, an aviation insurance expert said, but the full impact probably won't be known until year's end.

The London market in general and Lloyd's in particular are in the proverbial catbird seat, with deep pockets of capacity and a reputation for stability drawing more business--tempered by a commitment to underwriting discipline and risk-based pricing.

Lloyds Chairman Lord Peter Levene is very interested in seeing expansion of global markets outside of the U.S., he told me yesterday during a chat ...

Lloyd's has had success with its recent foray into Brazil, but has doubts about a few other locations, Caroline McDonald reports from the Risk and Insurance Management Association Conference in Orlando.

Lloyd's said it is opening its office in Brazil today, a year after receiving approval from the Superintendence of Private Insurance (SUSEP) to become the first admitted reinsurer in the country.

Paris-based credit insurer Coface, which evaluates global political and financial risk, said financial risk has increased at 22 Countries.