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Insurance
The levels of severe weather that has hit the US Midwest so far this year are more than double their respective 2005-2015 averages, according to the records of the National Oceanic and Atmospheric Administration’s (NOAA) Storm Prediction Center. 9 March 2017
Insurance
QBE North America has appointed Daniel Franzetti as chief claims officer (CCO). 17 February 2016
Insurance
Tropical cyclones in September have cost the global economy over $4 billion dollars, according to Impact Forecasting’s Global Catastrophe Recap report. 7 October 2016
Reinsurance
The re/insurance industry holds high expectations for blockchain technology as an opportunity to increase efficiency of insurance processes, and the future is beginning to take shape with the launch of new platforms and products. Intelligent Insurer reports. 4 December 2018
Insurance
Catastrophe modelling firm AIR Worldwide (AIR) has collaborated with Pana Harrison (Asia), a Singaporean and Lloyd's registered general insurance and reinsurance broker, to better assess and manage catastrophe risk on behalf of its clients. 20 May 2014
Insurance
Despite low interest rates, ample capital from long-term underwriters and growth in new and expanding entrants are keeping property/casualty insurance terms and conditions in the US at very competitive levels, according to a market update by broker Lockton. 21 April 2017
Insurance
Re/insurance law firm Kennedys has expanded in Latin America with a new office in Mexico and the appointment of three new partners to lead it. 12 January 2017
Insurance
The Prudential Regulation Authority (PRA) has approved all UK solvency internal models. 7 December 2015
Insurance
Amercian International Group (AIG) EMEA saw cyber claims go up significantly in 2017, reaching a total as high as in the previous four years combined, driven by ransomware attacks and cyber business interruption. 24 May 2018
Reinsurance
After a significant contraction of gross domestic product (GDP) in Latin America in 2016, economic growth in major economies like Brazil and Argentina is bouncing back, sparking optimism among insurers and reinsurers. 29 November 2017
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