News
Insurance
As rates harden in some lines of business, Johannes Bender and WenWen Chen of S&P Global Ratings assess the strategic response of reinsurers. 30 October 2019
Insurance
The re/insurance industry is sustainable and profitable enough to survive in the long run, according to Michael Marx, head of Asia-Pacific for Hannover Re. Picking up on a topic raised in Tuesday’s Deep Dive panel discussion at the Singapore International Reinsurance Conference, he said that although the industry has faced challenges, particularly in Japan, he believes it is resilient. 30 October 2019
Alternative Risk Transfer
Schroder Secquaero is in a strong position, but the market challenges are not small, creating an interesting moment for the business, according to Stephan Ruoff on his second day in the new role of deputy head of the firm. 30 October 2019
Insurance
Mapfre Re is growing its business in Asia-Pacific, with the reinsurer moving into new lines and developing its portfolio in new and existing countries. 30 October 2019
Insurance
Today, despite the fact the re/insurance industry’s customers face new and increasing threats to their businesses, insurance buying isn’t keeping pace, John Neal, CEO of Lloyd’s told delegates at the Singapore International Reinsurance Conference yesterday. 30 October 2019
Alternative Risk Transfer
Reinsurers should not fear so-called alternative capital. Instead, they should leverage it to lower the cost of capital and help narrow what remains a significant protection gap in many parts of Asia-Pacific. 30 October 2019
Insurance
A single cyber-attack that affects major ports across Asia-Pacific could cost $110 billion roughly equivalent to half of all losses from natural catastrophes globally in 2018. This is according to new research released today by Lloyd’s, the world’s re/insurance market. 30 October 2019
Insurance
Data analytics company Verisk saw strong growth in its insurance business in the third quarter, despite suffering a $125 million charge for patent infringement. 30 October 2019
Insurance
AXIS Capital’s combined ratio soared to 109.4 percent in the third quarter, hit by catastrophes, and losses in its credit and aviation lines. 30 October 2019
Insurance
LV= General Insurance (LV= GI), a personal lines insurers in the UK, has appointed Jon Mansley to the newly created role of sales and marketing director. 30 October 2019
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