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Insurance
UK comprehensive car insurance prices rose 18 percent on an annualized basis to £847 in the second quarter, the biggest quarterly rise in seven years, pushing the cost of UK car insurance close to an all-time high.   10 July 2017
Insurance
American International Group is to sell its interest in Ascot Underwriting Holdings and related syndicate-funding subsidiary Ascot Corporate Name to the Canada Pension Plan Investment Board (CPPIB), which invests the assets of the Canada Pension Plan.   19 September 2016
Insurance
Delta Insurance Singapore, which describes itself as the first cyber, technology and financial lines Lloyd’s Coverholder in Singapore, has opened for business.   4 July 2017
Insurance
AM Best believes the Saudi insurance market has turned the corner following a period of underwriting volatility.   16 February 2017
Insurance
Reinsurers that attempt to increase rates on programmes in Asia on the back of the recent catastrophe losses in North America risk losing market share to new or emerging reinsurance capital that has so far struggled to gain market share in the region, Stuart Beatty, chief executive, Asia-Pacific, JLT Re, told SIRC Today.   31 October 2017
Insurance
Hurricanes Harvey, Irma and Maria (HIM) serve as another reminder that the re/insurance industry must maintain underwriting discipline, even in the face of such a competitive global market, Kent Chaplin, CEO of Lloyd’s Asia-Pacific, told SIRC Today.   31 October 2017
Insurance
Markel wants to develop deeper partnerships with local cedants across a number of Asian jurisdictions as it looks to grow its bottom line profitably, Matt Cannock, principal officer and managing director of Markel Asia-Pacific, told SIRC Today.   31 October 2017
Insurance
Primary insurance writers in Asia are exploring growth opportunities in new, longer tail business segments—but a shortage of experienced actuaries in the region may open up opportunities for reinsurers that have the relevant technical experience and can partner with insurers on writing such business.   31 October 2017
Insurance
Against a backdrop of rising medical costs and uncertainty surrounding the future of US healthcare, more proactive business owners are looking at more competitively priced solutions such as medical group captives.   8 August 2017
Insurance
Even with modern flood-control structures, the risk of flood damage remains high in Japan in the aftermath of Typhoon Noru, which made its first landfall in Yakushima, an island in Kagoshima Prefecture, Japan, as a Category 1-equivalent storm, before making a second landfall near Kainan City in Wakayama Prefecture, Japan, according to catastrophe modelling firm AIR Worldwide.   8 August 2017

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