News
Insurance
Following COVID-19 and natural catastrophes, Latin America consumers and businesses are becoming more risk-aware. But insurance firms will need to improve data capabilities to take full advantage, a panel found. 10 August 2022
Insurance
With its booming population and growing middle class, there should be plenty of prospects for growth in the region, but it’s not all plain sailing. 11 August 2022
Insurance
Catastrophe modelling firm AIR Worldwide and reinsurance broker Capsicum Re are collaborating in the development of silent cyber modelling capabilities. 4 September 2018
Insurance
Catastrophe risk modeling firm AIR Worldwide has released a new severe thunderstorm model for Europe that will allow for a comprehensive assessment of atmospheric risk in the region. 10 September 2018
Insurance
The continued pressure on rates despite recent losses seems to dominate re/insurers’ concerns ahead of renewals. 30 October 2018
Insurance
2018 is set to be the most costly catastrophe year for Asia-Pacific since 2011, leading to potential rate hardening at renewals, but the impact is likely to be restricted to countries hit directly by losses, Michael Reynolds, global chief executive officer of JLT Re, told SIRC Today. 30 October 2018
Insurance
Marsh & McLennan Companies’ unit Jelf reached an agreement to acquire Scotland’s largest independent insurance broker Clark Thomson. 12 April 2018
Insurance
Hannover Re has a “fairly strong appetite” for Asian business and it wants to participate in the region’s potential significant growth despite the high competition in the market, Michael Marx, managing director Asia-Pacific, told SIRC Today. 30 October 2018
Insurance
Optimism over a turn in the global reinsurance market after the 2017 catastrophes quickly diminished as the January 1 and midyear renewals proved disappointing, providing minimal pricing increases to reinsurers and leaving market dynamics relatively unchanged, according to a new AM Best report. 4 September 2018
Insurance
The EU Commission that it intends to grant consumers the right to form collective group actions across the European Union in a move that could have a major impact on the insurance sector. 12 April 2018
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