Articles
Insurance
The global reach of Lloyd’s combined with the nimble nature of its carriers means the market has the potential to lead from the front when it comes to gaining advantage from new technologies, a new report has suggested. 21 September 2018
Insurance
Hurricane Florence will likely be an earnings event for the private insurance industry but the National Flood Insurance Program (NFIP) could be hit with heavy losses, potentially resulting in claims for its reinsurers for the second year in a row and its first cat bond being triggered, according to Fitch Ratings. 21 September 2018
Insurance
Specialist insurer Hiscox is changing its group management structure to build on growth momentum in its retail businesses, according to a Feb. 8 press release. 8 February 2018
Insurance
Lemonade CEO and co-founder Daniel Schreiber believes that the insurer has “turned a corner” as the loss ratio is improving. 20 September 2018
News
Peak Reinsurance is mulling over a possible flotation in Hong Kong to support the reinsurer’s long-term growth and development, AM Best said in its Sept. 5 Best Week Asia-Pacific edition, citing Fosun International chief financial officer Robin Wang. 6 September 2017
Insurance
Various countries in south-east Asia are taking steps to facilitate insurtech business, following the route of Singapore and easing regulation to allow more innovation, Athistha Chitranukroh, partner in law firm Tilleke & Gibbins’ corporate and commercial group, told SIRC Today. 29 October 2018
Insurance
Flood exposure data in Asia poses challenges due to the lack of precise location information, which in turn is making it difficult to underwrite this risk and close the protection gap, Iain Willis, managing director of JBA Risk Management Singapore, told SIRC Today. 29 October 2018
Insurance
Allied World’s acquisition of RSA’s operations in Hong Kong and Singapore as well as its takeover by the Fairfax group has strengthened the re/insurer’s capabilities and potential growth opportunities in Asia, Michael Garrison, president Asia-Pacific, told SIRC Today. 29 October 2018
Insurance
Bermuda-based specialist insurer Hiscox said on Oct. 2 that it estimates the combined net claims from Hurricane Harvey and Hurricane Irma at approximately $225 million. 2 October 2017
Insurance
JLT Re has poached a senior broker from Willis Re to join its London and International Markets (LIM) division. 4 September 2017
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