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Catalina aims to use ACR and Singapore as a hub to build a strong Asian run-off platform. 5 December 2019
Insurance
Addition of RenRe comes as EMC departure expected January 1, 2020. 15 November 2019
Insurance
‘The business does not have the right scale to thrive in the current market environment.’ 8 November 2019
Insurance
US insurance giant AIG Group reduced its combined ratio from previous years’ ruinous levels, helped by lower catastrophe losses, and its reinsurance strategy. 4 November 2019
Insurance
Gross domestic product growth is outstripping insurance growth, the protection gap is widening and insurance coverage is not keeping pace with rising risks, but there are reasons to be optimistic about the future importance of re/insurance, according to panellists in the “Reshuffling the Industry” panel discussion at the Singapore International Reinsurance Conference yesterday. 31 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
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