Articles
Insurance
Home-court advantages are eroding for Asia-Pacific reinsurers as urbanisation and chaotic weather throw up new pricing challenges, Eunice Tan of S&P Global Ratings told SIRC Today. 29 October 2019
Insurance
Global credit ratings agency AM Best has affirmed the Financial Strength Rating of ‘A-’ (Excellent) and the Long-Term Issuer Credit Rating of ‘A-’ of Singapore Reinsurance (Singapore Re). The outlook of these credit ratings is stable. 29 October 2019
Insurance
California wildfires have hit the headlines, but the problem so far in 2019 is less than in previous years, and the bigger insurance companies operating in California should have adequate resources to cope, according to ratings agency AM Best. 29 October 2019
Insurance
Reinsurers are likely to see further erosion in 2019, following another year of major catastrophe losses, according to ratings agency AM Best. 28 October 2019
Insurance
KBW analysts expect losses from recent typhoons to sustain and possibly accelerate, reinsurance rates rises among Japan's exposed (re)insurers. 24 October 2019
Insurance
Bermuda (re)insurers are still suffering above-average catastrophe losses and combined ratios, said ratings agency Fitch. 23 October 2019
Insurance
Google, Facebook and Amazon could become significant players in the re/insurance business of the future, according to Johannes Martin Hartmann, chairman of the board at VIG Re. 23 October 2019
Insurance
The decision to set the Ogden discount rate at minus 0.25 percent is likely to push people being awarded large insurance payouts to demand lump sum payments, rather than periodic payment orders (PPO). 23 October 2019
Insurance
Contrary to expectations that solvency ratios would start to be seen as a substitute for credit ratings, credit ratings are in fact becoming more important, Stuart Shipperlee, managing director of Litmus Analysis, told Baden-Baden Today. 23 October 2019
Insurance
The fact that the Terrorism Risk Insurance Act (TRIA) needs to be renewed in an election year adds a potential complication to Congress’s reauthorising the terrorism insurance backstop, according to analysts at AM Best. 22 October 2019
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