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Flight MH370, the vanishing Malaysian Airlines flight, may cost insurers up to $600 million, Credit Suisse has reported. 18 March 2014
Insurance
German reinsurer, Hannover Re has estimated losses of up to €30 million following the disappearance of the Malaysian jet, flight MH370. 17 March 2014
Insurance
Law firm Kennedys has strengthened its international corporate insurance practice with the appointment of Michael Skrbic as a partner in the London office. 14 March 2014
Insurance
The formation of the Association of Southeast Asian Nations (ASEAN) Economic Community will present significant opportunities for independent insurance brokers in 2015 said Brokerslink Chairman, José Fonseca speaking at the Brokerslink Asia Pacific regional conference. 14 March 2014
Insurance
2013 proved to be a weak year for deal flow in the insurance industry—particularly in risk-bearing sectors, according to a new study by Conning, with transaction numbers down 6.7percent compared with 2012 and the aggregate deal values down 55.3 percent. 14 March 2014
Awards
With some 14,000 unique responses already gathered, the first stage of the annual Global Reinsurance Survey being conducted by the Intelligent Insurer in-house research team will shortly close. 13 March 2014
Insurance
German insurer Allianz has confirmed that it is the lead insurer for Malaysia Airlines following the disappearance of one of the airline’s jets over the Pacific Ocean on Saturday. 12 March 2014
Awards
Some reinsurance buyers admit that they are leveraging the intense competition in the market at the moment to seek better rates – especially when placing plain catastrophe business. But most add that they are keen to maintain good relationships with the bigger reinsurers because of the other lines of business they have close relationships on. 11 March 2014
Insurance
Renewable energy underwriter GCube has launched a Political Risk Insurance (PRI) offering as demand for political and credit coverage increases. 10 March 2014
Insurance
The increasing severity and frequency of losses in some fast-growing countries highlights the need for further investment buy the insurance industry in developing risk models for some of these regions. 7 March 2014
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