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Insurance
Insurance development in East Asia is not homogeneous as is the case in some other markets such as West Europe or North America, and this is reflected by the theme of the 27th East Asia Insurance Congress (EAIC) in Taipei, two members of the congress’ organisational committee told EAIC Today. 2 November 2014
Alternative Risk Transfer
The Texas Windstorm Insurance Association (TWIA) has closed a $700 million catastrophe bond hedging its exposure to tropical cyclone risks. 3 June 2015
Alternative Risk Transfer
Reinsurance broking and consultancy provider JLT Re said that the reinsurance rate decline accelerated in the 1 June 2017 renewal, falling for the sixth consecutive year. 2 June 2017
Insurance
Every reinsurer and broker will want to know how much reinsurance insurers are buying and whether this might increase. S&P Global Market Intelligence has ranked 25 of the biggest insurance groups in the region and detailed, where possible, their cession ratio. 12 October 2016
News
French reinsurer SCOR enjoyed a strong third quarter and first nine months of 2014, as its profits grew and its combined ratio improved. 6 November 2014
Insurance
Modernising the London Market is essential if it is to compete with other re/insurance hubs and competitors in the world. But resistance from the front office, where brokers and underwriters may be reluctant to change their behaviour, could threaten the plan’s success. Intelligent Insurer reports. 11 August 2016
Insurance
John Charman, Endurance's chairman and chief executive, claims that Aspen’s shareholders are increasingly frustrated with their board’s refusal to consider Endurance’s offer for the company and he can still win the battle to acquire the company after months of what has become an increasingly acrimonious war of words between the two businesses. 18 June 2014
Insurance
After battering Japan’s Okinawa Prefecture with high winds and heavy rain on October 3, Typhoon Chaba moved north and east to Jeju Island and the southern coast of South Korea, according to catastrophe modeling firm AIR Worldwide. 6 October 2016
Insurance
Lloyd’s insurer ArgoGlobal and reinsurer Asia Capital Reinsurance have partnered to launch a special purpose syndicate (SPS) to underwrite Chinese risks. 15 September 2015
Insurance
American Strategic Insurance Group is set to launch its first catastrophe bond. The insurer is marketing a $200 million deal designed to protect it against named storms and severe thunderstorm risks in the US. 4 March 2014
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