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Falling fertility rates similar to those in other developed markets such as the US, Europe or Japan are leading to an ageing population, with fewer entrants coming into each country’s labour market, says Michael Garvin, chief financial officer–Latin America region for Principal Financial Group. 26 October 2015
Insurance
Guernsey ended 2015 with more than 800 international insurers, according to the Guernsey Financial Services Commission (GFSC). 10 February 2016
Insurance
Rushed changes to the ultimate forward rate (UFR) could risk pushing insurers towards sub-optimal investment strategies, which could unnecessarily impact policyholders’ returns negatively, according to Insurance Europe, the European insurance and reinsurance federation. 18 July 2016
Insurance
The global reinsurance market is facing unfavourable conditions from a wide range of headwinds, according to rating agency Standard & Poor’s. 7 September 2016
Insurance
Sanctions is a word sometimes thrown about by politicians, but it’s an issue that insurers need to be aware of due to their wide-ranging impact. Intelligent Insurer investigates. 6 June 2016
Insurance
Novae Group, the specialist listed Lloyd’s insurer, has appointed Reeken Patel, formerly of PricewaterhouseCoopers (PwC), as its chief risk officer. 28 April 2014
Insurance
Ironshore International has appointed Hui Yun Boo as managing director Asia-Pacific and principal officer in Singapore. 23 February 2015
Insurance
Re/insurers are making more capacity available for parametric weather coverage, which is driving prices down, according to Kurt Cripps, managing director at Aon Benfield, who said that the broker has created a panel of more than 15 carriers. 24 October 2016
Insurance
A major global cyber-attack has the potential to trigger $53 billion of economic losses, roughly the equivalent to a catastrophic natural disaster like 2012’s Superstorm Sandy, according to a scenario described in new research by Lloyd’s and cyber risk analytics modelling firm Cyence. 17 July 2017
Insurance
Argo International, the Lloyd’s insurer and member of Argo Group, has launched a new product that encompasses third party liability associated primarily with pollution but also environmental damage. 9 January 2014
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