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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
News
The United Arab Emirates (UAE) offers many growth opportunities for insurers and reinsurers. 14 December 2012
Insurance
A series of new satellites to be launched by the European Space Agency will provide the insurance industry with new and unique data that will be invaluable to insurers underwriting certain types of risks including some energy and marine business. 13 December 2012
Insurance
The re/insurance industry is too reliant on catastrophe models and needs to take greater responsibility for judging its own risks, says S&P. 5 December 2012
Insurance
Many insurers and reinsurers remain unaware of the potential consequences of changes that rating agency S&P’s is making to its insurance rating criteria – despite the fact that the adjustment could have serious ramifications for them in 2013. 3 December 2012
Insurance
In the aftermath of severe flooding in the UK for the second time this year and with insured flood losses predicted to top £1bn in 2012, the UK government and the insurance industry are trying to find a solution to the way flood risk is covered in the UK. 30 November 2012
Alternative Risk Transfer
The popularity of insurance-linked securities (ILS) has been evidenced by four recent catastrophe bonds. 23 November 2012
Insurance
Against a backdrop of low interest rates and limited investment returns, investor demand for catastrophe-linked products remains high with yet more vehicles being launched to satisfy this demand. 20 November 2012
Alternative Risk Transfer
The use of insurance-linked securities (ILS) by the world’s biggest insurers and reinsurers is increasingly becoming the norm according to two recent surveys – but only if the T&Cs are competitive compared with more traditional forms of coverage. 19 November 2012
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