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Although earthquake risk in Japan is relatively well understood and the industry performed well in the aftermath of the last big quake to hit the country, in 2011, more must be done to tackle the protection gap (the difference between the economic loss and the insured loss) and the extent to which insurance is used to protect certain risks. 30 October 2017
Insurance
Chubb Global Markets (CGM), the London-based wholesale insurance division of Chubb, has announced leadership appointments in its marine team. 8 February 2016
Alternative Risk Transfer
As the pandemic stress test continues, re/insurers are preparing for what comes next, including expectations of a hardening market. This is driving a growing trend for equity raises, with some building war chests and some taking advantage of new opportunities, while others look to protect their credit rating in a fight for survival. Intelligent Insurer reports. 12 June 2020
Insurance
US insurer WR Berkley has established a presence in Colombia with the formation of a company aimed at providing commercial insurance products. 7 July 2015
Insurance
The first estimates have been released of the anticipated industry insured losses from the M7.1 earthquake that struck central Mexico on September 19. 25 September 2017
Insurance
Hamilton at Lloyd’s is confident it will reach its premium plan for 2016, and already has plans to almost double that figure in 2017, partially thanks to the underwriting talent it has attracted after launching at Lloyd’s last year, Trevor Carvey, active underwriter/head of treaty, told Baden-Baden Today. 25 October 2016
Insurance
The market reports a £2.5bn return to profit and improved underwriting performance, but the pandemic is already taking its toll hitting assets and refocusing future priorities. CEO John Neal says the outbreak will change the world and ways of working forever. Intelligent Insurer reports. 27 March 2020
Insurance
Insurer Hiscox has appointed Adam Holberry as head of alternative distribution. 9 December 2015
Insurance
Tokio Marine Kiln (TMK), a provider of specialist and corporate insurance, has appointed Marion Schmidt as aviation underwriter in the firm’s Frankfurt office. 8 September 2015
Insurance
PartnerRe Wholesale, a new division of global reinsurer PartnerRe, has entered into partnership with specialist Italian insurer AEC Wholesale Group. 1 April 2014
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