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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
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
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
Insurance
Pool Re, the UK terrorism reinsurance pool, has published its first quantitative assessment of terrorism in 2016, analysing the frequency and severity of terrorism events in its new Terrorism Threat and Mitigation Report. 26 September 2017
Alternative Risk Transfer
Allianz has a comprehensive footprint across Asia, with its risks managed by a centralised buying strategy, as Amer Ahmed of Allianz Re tells SIRC Today. 29 October 2018
Insurance
American International Group (AIG) reported a net loss of $6.66 billion for the fourth quarter of 2017, compared to a net loss of $3.04 billion in the prior-year quarter. 9 February 2018
Insurance
Rising interest rates won’t, on their own, improve reinsurers’ operational earnings, and that they will is a common myth that needs to be dispelled—or at least better understood—by the industry, Stuart Shipperlee, head of analysis at Litmus Analysis, told Baden-Baden Today. 22 October 2018
Alternative Risk Transfer
Parametric cat bonds can help the countries of South Eastern Europe, Central Asia, the Caucasus, and the Commonwealth of Independent States as well as Turkey (ECIS) close the protection gap associated with natural catastrophe risk, Kirill Savrassov, chief executive officer of Phoenix CRetro, a niche Bermudian ILS specialist, told Baden-Baden Today. 22 October 2018
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