Articles
Insurance
Mapfre Re reported a sharp fall in profit yesterday, hurt by an increase in claim frequency, and shares in Mapfre fell 4.6 percent despite strong growth for other parts of the company. 1 November 2019
Insurance
Media reports of differences between modelled losses and actual claims following Typhoon Jebi reflect a misguided expectation that the modelled figures include factors not covered by the models factors that the re/insurers using the models know they need to consider. 31 October 2019
Insurance
More than half, 53 percent, of respondents to a survey carried out by Intelligent Insurer said they are actively partnering with or investing in insurtech companies, and insurtech is high on the agenda at SIRC this year. 31 October 2019
Insurance
In line with the growth of the re/insurance industry in the region, there is growing demand for cat models for Asia, Milan Simic, executive vice president and director of global business development for AIR, told SIRC Today. 31 October 2019
Insurance
The cyber market is exhibiting good momentum, with efforts being made to ensure the coverage is more explicit, Sven Althoff, member of the executive board for Hannover Re, told SIRC Today. 31 October 2019
Insurance
Shevawn Barder of AM RE Syndicate can see opportunities in the current market, as she told SIRC Today. 31 October 2019
Insurance
Indranee Rajah, Singapore’s minister in the Prime Minister’s office and second minister for finance and education, highlighted the environment and politics as two headwinds that the re/insurance industry is Asia is facing. 31 October 2019
Insurance
Gross domestic product growth is outstripping insurance growth, the protection gap is widening and insurance coverage is not keeping pace with rising risks, but there are reasons to be optimistic about the future importance of re/insurance, according to panellists in the “Reshuffling the Industry” panel discussion at the Singapore International Reinsurance Conference yesterday. 31 October 2019
Insurance
The world is less resilient than it was 10 years ago and in insurance markets protection gaps are at record levels; they are at their largest in Asia, at more than $300 billion. Narrowing these is positive for the re/insurance industry as well as for macro stability. 31 October 2019
Insurance
Many Asian markets are “immature” in terms of using cat modelling, and a lot of it has to do with the quality of data. 31 October 2019
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