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Re/insurers risk under-charging for certain perils and getting stung by higher than expected claims if they base the assumptions in their catastrophe models on inaccurate or outdated data. 19 August 2014
Insurance
China's State Council has revealed a number of measures aimed at boosting insurance development in the country with the goal of doubling the level of insurance penetration and density in the next 15 years 18 August 2014
News
Global reinsurers are increasingly targeting growth in the Asia-Pacific region, attracted by the strong growth in the region and a growing sophistication among cedants in their use of reinsurance. 18 August 2014
Insurance
Fosun International, a Chinese investment company listed on the Hong Kong Stock Exchange, has acquired a 20 percent stake in specialty insurer Ironshore. 18 August 2014
Insurance
Warren Buffett's Berkshire Hathaway has confirmed that it has poached two senior executives from the Asian operations of American International Group (AIG). 15 August 2014
Alternative Risk Transfer
CATCo Reinsurance Opportunities Fund, the reinsurance and retrocessional reinsurance fund, reported a solid performance in its portfolio in the six months of 2014 with no significant insured losses incurred on the portfolio. 15 August 2014
Insurance
Catastrophe management firm RMS has released its economic exposure databases and industrial clusters catalogues for the Philippines, South Korea, Taiwan, Thailand and Vietnam. 12 August 2014
Insurance
Tokio Marine Holdings posted strong results for the three months ended June 30, 2014 as it continued to improve the performance in its property/casualty and life insurance businesses. 11 August 2014
Insurance
Super Typhoon Rammasun has become the costliest weather event of 2014 after it caused $6.5 billion of losses in Asia. 7 August 2014
Alternative Risk Transfer
In June Munich Re was forced to pull the plug on its latest catastrophe bond issuance. While the reasons are not completely clear, this event still represents a defining moment for the ILS markets, as Intelligent Insurer discovers. 4 August 2014
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