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Insurance
Re/insurer Jardine Lloyd Thompson Group (JLT) has released its interim management statement for the period 1st July 2015 to 2nd November. 3 November 2015
Insurance
Many of the recent regulatory changes in Asia are creating more constraints than opportunities for reinsurers in the short term, Victor Peignet, chief executive officer of SCOR Global P&C, told SIRC Today. 2 November 2015
News
The Asian markets offer great potential for companies able to appreciate the uniqueness and nuances of the region, George Carrington and Mark Finch from Lockton Re, tell SIRC Today. 2 November 2015
Insurance
Although rates remain almost universally soft, a sense of cautious optimism is entering the market with some chief executives forecasting a “soft landing” in 2016 where declines are not as severe as anticipated and not as steep as they were in 2014 and 2015, says Dennis Sugrue, director, insurance ratings at Standard & Poor’s Ratings Services (S&P). 2 November 2015
Insurance
The explosion and subsequent blaze that hit the chemical storage facility in the port of Tianjin, China, in August, seems destined to be a big talking point at SIRC this week as re/insurers continue to grapple with the potential scale of the loses from the disaster. 2 November 2015
Alternative Risk Transfer
A great deal of education needs to take place across Asia before the used of insurance-linked securities (ILS) truly gains traction in the region, Siew Wai Wan, senior director, insurance, Fitch Ratings, told SIRC Today. 1 November 2015
Insurance
Fairfax Financial Holdings saw a fall in its net earnings for the third quarter of the year to $424.8 million, compared with profits of $461.2 million in the third quarter of 2014. 30 October 2015
News
A total sum of $2.7 trillion, or 73 percent, of natural catastrophe losses globally were uninsured between 1970-2014, according to a new report by reinsurer Guy Carpenter. 29 October 2015
News
Marsh & McLennan Companies (MMC), the owner of reinsurance broker Guy Carpenter, reported a slight decrease in its overall revenues for the third quarter of 2015. 28 October 2015
News
Some of the growth opportunities that exist for reinsurers currently operating in the Latin American region stem from entering lines of business they have not traditionally written in the past. That is the view of Derek Durst, international treaty underwriter for QBE Re. 27 October 2015
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