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Risk models are good at estimating the losses arising from ‘conventional hurricane events’ but their performance decreases when it comes to more severe or unusual events, according to a study by JLT Re, which analysed the precision of modelled market loss estimates for significant hurricanes since 2004. 12 July 2018
Insurance
Focus is on generating superior returns through its MGA 15 November 2019
Insurance
Castel Specialty, a division of club-style MGA formation platform Castel Underwriting Agencies, has added specialist marine coverages to its portfolio with the addition of Seacurus. 1 February 2019
Insurance
Re/insurance broker Aon has partnered with non-profit organisation Oxfam and insurtech start-up Etherisc to launch a blockchain-based agricultural insurance platform for smallholder farmers in Sri Lanka. 1 July 2019
Insurance
Insurance executives in southeast Asian markets are taking a “measured approach” to digitisation, choosing to concentrate on digitising their existing value chains, according to the latest Insurance Pulse survey for the region. 1 October 2019
Insurance
‘This estimate could rise depending on how much further rain falls.’ 14 November 2019
Insurance
Data indicates potential 30% increase in average losses by 2040. 30 March 2021
Insurance
Re/insurance broker Aon has promoted five senior executives within its commercial risk solutions unit, in a move it hopes will help expand the company's broking and specialty business globally. 1 July 2019
Insurance
Japanese insurer Sumitomo Life Insurance Company has made a $90 million investment in Singapore Life and acquired approximately 25 percent of the total issued and outstanding shares in the company. 1 July 2019
Insurance
UK motor insurer Admiral Group grew profits and turnover in the first half of 2018 as its core business delivered. 15 August 2018
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