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Insurance
Various countries in south-east Asia are taking steps to facilitate insurtech business, following the route of Singapore and easing regulation to allow more innovation, Athistha Chitranukroh, partner in law firm Tilleke & Gibbins’ corporate and commercial group, told SIRC Today. 29 October 2018
Insurance
Flood exposure data in Asia poses challenges due to the lack of precise location information, which in turn is making it difficult to underwrite this risk and close the protection gap, Iain Willis, managing director of JBA Risk Management Singapore, told SIRC Today. 29 October 2018
Insurance
Allied World’s acquisition of RSA’s operations in Hong Kong and Singapore as well as its takeover by the Fairfax group has strengthened the re/insurer’s capabilities and potential growth opportunities in Asia, Michael Garrison, president Asia-Pacific, told SIRC Today. 29 October 2018
Insurance
Advent Claims, a division of Advent Insurance Management, has entered into a partnership agreement with pan-European claims specialist Van Ameyde to provide support after Brexit. 11 October 2017
Insurance
The Everest Re CEO sees demand for reinsurance growing from large insurers driven by consolidation in the sector. 27 April 2018
Insurance
Reinsurance Group of America (RGA) reported a drop in net income to $100.2 million in the first quarter of 2018 compared to $145.5 million in the same period a year earlier. 27 April 2018
Insurance
The total financial cost, including business interruption, of Storm Emma, which affected a large area of Europe during the second half of February, could reach hundreds of millions dollars – though the figure will very likely be higher, with a high volume of filed insurance claims reported. 9 March 2018
Insurance
The re/insurance industry loss from ex-hurricane Ophelia is estimated at €60 million, according to the Zurich-based catastrophe insurance data provider PERILS. 27 November 2017
Insurance
Zurich Insurance Group said that Farmers Re faced a hit of no more than $20 million in the second half from catastrophes such as Hurricanes Irma and Harvey. 4 October 2017
Insurance
QBE has appointed Andrew Broughton as executive general manager for corporate partners and direct in Australia, effective January 2017. 11 July 2016
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