Articles
Insurance
From 1 July this year, Dutch insurance and asset management company Nationale Nederlanden (NN) said it will “stop providing insurance services to companies that derive more than 30 percent of their revenues from thermal coal mining or that use at least 30 percent thermal coal for power generation". 29 May 2019
Insurance
Verisk Analytics, a provider of property/casualty (P&C) insurance risk information, has acquired UK-based Healix Risk Rating, a subsidiary of Healix International Holdings. 17 February 2017
Insurance
Insurtech firms raised a record $3 billion in new funding in the first half of 2019, with developments such as usage-based insurance boosting demand in the sector, with European companies attracting the lion's share. 13 September 2019
Insurance
There are 775,654 US homes at extreme risk of wildfire, according to CoreLogic analysts. 13 September 2019
Insurance
Mining insurance is still not a truly hard market yet, with capacity remaining high by historical standards, according to Willis Towers Watson’s (WTW) Mining Risk Review 2019. 13 September 2019
Insurance
Solutions to the issue of silent cyber are emerging amid the uncertainties, according to Guy Carpenter. But firms must take this issue seriously as regulators and rating agencies are now taking a close interest in the issue with the risk of downgrades very real for companies that do not get a handle on the challenge. 22 October 2019
Insurance
Large-scale group litigation resulting from mass data breaches is just one of a number of growing legal risks for the insurance sector in 2019, according to law firm RPC in its 2019 Annual Insurance Review. 25 January 2019
News
Increasing claims severity, social inflation and instances of adverse reserve development are now hurting carriers and point to a market in transition, according to a new report by JLT Re called ‘Uncharted Territory at its Market Prospective Event’. 25 January 2019
Alternative Risk Transfer
As Tokio Millennium Re (TMR) deploys its services and market propositions in the Asia-Pacific region, its insurance-linked securities (ILS) partners are following in its wake—at least in areas where there is sufficient quality of data and reliable risk models, TMR chief executive officer Stephan Ruoff told SIRC Today. 29 October 2018
Insurance
Against a backdrop of consumer-friendly mobile technologies, fewer legacy system challenges and accommodating regulatory environments, Asia’s insurers are sprinting ahead of the rest of the world on digital customer experience, Stephen O’Hearn, global insurance leader at PwC, told SIRC Today. 29 October 2018
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