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Women in Reinsurance (WiRE), a sub-committee of The Singapore Reinsurers’ Association (SRA) formed in September, organised a year-end networking event for businesswomen in the insurance industry. 9 December 2016
Insurance
Chris Klein, the head of strategy management for Europe, the Middle East and Africa at Guy Carpenter, will step down at the end of the year – and pursue his passion for model railways. 8 December 2016
Insurance
The Credit Guarantee and Investment Facility (CGIF), an organisation that provides credit guarantees for local currency denominated bonds issued by companies from a range of countries in mainly South East Asia, has completed its first reinsurance deal in a move that will free up capacity to issue more guarantees. 7 December 2016
Insurance
Persistently low interest rates, rising volatility in the financial markets and legislative changes have moved the outlook on the global life insurance sector to negative from stable for 2017, says Moody's Investors Service in a report. 5 December 2016
Insurance
The British Insurance Brokers’ Association (BIBA) has launched of a new commercial insurance scheme for businesses that will also include flood cover for many commercial premises and let properties located in areas at risk from flooding. 5 December 2016
Insurance
Talbot Underwriting, a subsidiary of Bermuda-based Validus Holdings, has appointed a dedicated team of cyber underwriters. 2 December 2016
Insurance
The US National Flood Insurance Program (NFIP) has tested the transfer of flood risk to the private reinsurance sector, paving the way for a large-scale privatisation of US flood risk. While the potential business for reinsurers is significant, it is likely to be a long and complex process. 30 November 2016
Insurance
AXIS Capital has decided to acquire aviation re/insurer Aviabel, underscoring its long-term commitment to the aviation market despite significant pricing pressure. 30 November 2016
Insurance
The UK government has revealed a draft publication of the regulatory framework for the trading of insurance-linked securities (ILS) in the UK which will allow London to compete with reinsurance hubs like Bermuda. 24 November 2016
Insurance
It is of vital importance for the insurance sector trade freely in the European single market in a post-Brexit world, Lord Hunt of Wirral said during talks concerning Article 50 in the UK’s House of Lords on November 22. 23 November 2016
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