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Insurance
The low interest rate environment and regulatory burdens are the two biggest worries facing insurance CEOs, according to a recent report from rating agency Standard & Poor’s (S&P). 30 January 2013
News
New rules proposed by the CIRC that would apply to the affiliated reinsurance business of foreign-invested insurance companies in China would impose new more stringent requirements on insurers wishing to use affiliated reinsurers if the rules are adopted. 28 January 2013
Insurance
Record losses on the scale experienced by the industry in 2011 could occur as regularly as every 15 years, risk modelling business AIR Worldwide has claimed in a report. What is more, the industry should brace itself for losses on a potentially even greater scale. 23 January 2013
Alternative Risk Transfer
Insurance-linked securities (ILS) do not pose a significant threat to traditional reinsurers, despite increasing competition within the market. 18 January 2013
Insurance
Lloyd’s managing agency Antares said that its recent tie up has come on the back of strong historical trading links with Japanese trading company Itochu Corporation, who said the deal expands its existing insurance activity. 17 January 2013
Insurance
The Asia Pacific region continues to provide significant opportunities to the insurance industry at a time when many other more established markets are facing problems. That is the view of broker BMS, which has just opened an office in Sydney, Australia. 15 January 2013
Insurance
Insurers are increasingly seeking assistance in managing their investments, with many choosing to outsource their asset management function to third party specialists. 14 January 2013
News
The marine reinsurance market experienced substantial rate increases at the 2013 1/1 renewals, following a difficult year and several large losses. This is the view of two of the world’s largest reinsurance brokers in January 2013 renewals reports. 4 January 2013
Insurance
The reinsurance industry will cover around half of the costs of all natural catastrophes and man-made disasters globally in 2012, according to a report by Swiss Re. 3 January 2013
Insurance
Willis Energy, in conjunction with a group of marine and energy insurers, has launched a new type of insurance policy designed to help energy companies mitigate the risks they face when decommissioning offshore oil and gas platforms. 2 January 2013
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