News
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
Alternative Risk Transfer
Alternative capital may have experienced some significant hits but it is set to remain a clear presence in the re/insurance space, according to panellists speaking on the first day of the 16th Singapore International Reinsurance Conference. 30 October 2019
Insurance
Ahead of SIRC, four experts from Aon Reinsurance Solutions covering four different regions discussed where they expect growth, how their clients are coping with digitisation, regulatory developments and how the needs of their clients are changing. 30 October 2019
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
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