News
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
Insurance
Apollo Syndicate Management, an independent specialist insurer and reinsurer at Lloyd’s, has appointed Vinay Mistry as chief risk officer, effective from November 1. He reports to David Ibeson, Apollo’s chief executive. 30 October 2019
Insurance
China and India are the markets with most growth potential for closing the protection gap in non-life insurance, according to analysis carried out by Spanish insurer Mapfre. 30 October 2019
Insurance
RenaissanceRe reported sharply higher third quarter premiums, and a sharp reduction in its combined ratio. 30 October 2019
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