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Awards
Guy Carpenter secured first place for best reinsurance broker for innovation with revenues of more than $1 billion with a score of 7.02 out of 10. 14 September 2014
Insurance
Risk-based pricing of flood risk with the private market playing a prominent role in managing and insuring this risk represents the only sustainable solution that can remove the burden from the US taxpayer in the long term, Eric Andersen, chief executive of Aon Benfield, told PCI Today. 17 October 2017
Alternative Risk Transfer
Organisations increasingly recognise the growing value of technology and data assets relative to historical tangible assets, yet they are spending four times more budget on insurance for property, plant and equipment (PP&E) risks, a new report by Aon has revealed. 17 October 2017
Insurance
The insurance industry should view the recent catastrophe losses it has suffered as an opportunity to shine and demonstrate its value and resilience to policymakers and policyholders alike, Mike Mulray, chief underwriting officer of Everest Insurance North America, the specialty insurance operation of the Everest Re Group, told PCI Today. 17 October 2017
Insurance
Some insurtech startups are ditching their original business plans and becoming managing general agents (MGAs) because of their frustration at how long it takes the insurance industry to embrace new ideas. 17 October 2017
Insurance
While the industry is well capitalised and market sentiment mostly positive, there is still evidence of economic and market-based headwinds that will challenge profitable growth, according to a study by Guy Carpenter. 17 October 2017
Insurance
Zurich-based catastrophe insurance data provider PERILS has appointed Darryl Pidcock as the head of Asia Pacific, based in Sydney. 27 April 2017
Insurance
Bermuda-based Aspen Insurance has reported a drop in net income for the first quarter of 2017 as underwriting profitability deteriorates. 27 April 2017
Insurance
US-based multi-line regional property/casualty insurer Kingstone Companies said on July 10 that its unit Kingstone Insurance Company (KICO) reached a reinsurance deal with increased coverage, improved terms, and a further reduction in exposure-adjusted reinsurance costs. 12 July 2017
Insurance
Insurance fraud continues to be a big problem for most insurers, costing them millions and harming their profits. One insurtech start-up is looking to help insurers tackle this by applying military-grade intelligence techniques to the problem. 26 September 2017
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