News
News
Increasing claims severity, social inflation and instances of adverse reserve development are now hurting carriers and point to a market in transition, according to a new report by JLT Re called ‘Uncharted Territory at its Market Prospective Event’. 25 January 2019
Alternative Risk Transfer
As Tokio Millennium Re (TMR) deploys its services and market propositions in the Asia-Pacific region, its insurance-linked securities (ILS) partners are following in its wake—at least in areas where there is sufficient quality of data and reliable risk models, TMR chief executive officer Stephan Ruoff told SIRC Today. 29 October 2018
Insurance
Against a backdrop of consumer-friendly mobile technologies, fewer legacy system challenges and accommodating regulatory environments, Asia’s insurers are sprinting ahead of the rest of the world on digital customer experience, Stephen O’Hearn, global insurance leader at PwC, told SIRC Today. 29 October 2018
Insurance
Re/insurers must invest in developing in new and emerging markets if they are to grow amid a changing world order in terms of economic growth, according to the latest sigma report from Swiss Re Institute. 7 March 2019
Alternative Risk Transfer
Risk management provider Artex has launched a new office in Singapore to oversee the growth and development of its Asia Pacific captive and risk solutions strategy. 29 January 2018
Insurance
The US Department of the Treasury and the Office of the US Trade Representative intend to sign a bilateral agreement between the US and the UK on prudential measures regarding insurance and reinsurance (US-UK Covered Agreement) as the UK leaves the EU. 12 December 2018
Insurance
Verisk Analytics, a provider of property/casualty (P&C) insurance risk information, has acquired UK-based Healix Risk Rating, a subsidiary of Healix International Holdings. 17 February 2017
Insurance
Hurricane Florence is currently a category 4 hurricane and may intensify to a category 5 hurricane in the next 24 hours, according to data provider AIR. 12 September 2018
Insurance
IAT Insurance Group, a provider of specialty property and casualty products, is expanding its product offerings with the formation of a new management liability business unit. It will be led by John Passaro who brings more than 28 years of experience in the insurance industry, including extensive experience with management and professional lines. 16 October 2019
Insurance
Munich Re is offering auto-underwriting expertise and software that it claims can save mid-tier insurers time and money. 16 October 2019
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