News
Insurance
It’s important for the re/insurance industry to stay ahead of the curve when predicting losses, learning from previous events that have been underestimated, Sharon Ooi, Swiss Re’s managing director, head of property & casualty underwriting Asia-Pacific, told SIRC Today. 31 October 2019
Insurance
Insurance has never been more central to society than it is today, according to Dominic Christian, global chairman, Reinsurance Solutions at Aon. 31 October 2019
Insurance
Asia Pacific re/insurance markets are seeing accelerated liberalisation and cross-jurisdiction collaboration develop further as rating agencies and regulators evolve to keep up with the rapid pace of change in the region, according to research from Aon. 31 October 2019
Insurance
The Investment, Risk & Reinsurance (IRR) segment of Willis Towers Watson (WTW) saw revenue rise to $325 million in the three months to September, an increase of 2 percent, and 5 percent in constant currency terms, from $317 million in the prior-year third quarter. 31 October 2019
Insurance
China has increased its insurance premium volume more than tenfold in just a few years, according to analysis by reinsurer SCOR. 31 October 2019
Insurance
Insurtech firm Trov is partnering with Suncorp Group to launch a personal auto & mobility insurance product, which will provide coverages tailored to personal transportation preferences, in the Australian market. 31 October 2019
Insurance
Swiss Re, the world’s biggest reinsurer, has reported a 23 percent rise in net income for the first nine month of the year, boosted by its investment division. 31 October 2019
Insurance
Markel shares rose more than 4 percent yesterday after the company reported a sharply reduced combined ratio and increased premiums. 31 October 2019
Insurance
Continued pressure on rates despite recent losses is the biggest concern for delegates at SIRC this year, according to a survey carried out by Intelligent Insurer. Some 41 percent of respondents highlighted this as a key challenge. 30 October 2019
Insurance
The re/insurance industry is uniquely placed to address risks associated with climate change, having been assessing these types of risks for decades. However, the message delivered at the Winds of Change panel discussion the Singapore International Reinsurance Conference yesterday was a stark one: climate change is not so much a business opportunity as a threat to civilisation, and re/insurance companies that still cover the coal industry need to rapidly reassess their position. 30 October 2019
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