News
Insurance
Swiss Re’s commercial insurance unit Swiss Re Corporate Solutions has launched a standalone parametric-based haze insurance solution for businesses operating in Singapore. 8 October 2018
Insurance
Broker Willis Towers Watson has hired Matt McKechnie as a consultant to strengthen its claims consulting business. 8 October 2018
Insurance
Specialist re/insurer Markel International has commenced writing business from its Mumbai office under the leadership of Deepika Mathur who has joined from HDFC Ergo. 5 October 2018
Insurance
The maritime industry does not appear to be prepared for any of the major issues it faces, including the ones deemed to have potentially the biggest impact on the sector such as cyber-attacks and data theft. 3 October 2018
Insurance
Multiple global catastrophe events could push the US property/casualty insurance industry loss above historical third quarter average levels of $13 billion, according to Morgan Stanley Research. 3 October 2018
Insurance
Fitch Ratings has upgraded Reasuransi Indonesia Utama (Persero)'s (Indonesia Re) international Insurer Financial Strength (IFS) Rating to 'BBB-' (Good) from 'BB+' (Moderately Weak). Fitch Ratings Indonesia has also affirmed the company's National IFS Rating of 'AA (idn)'. 3 October 2018
Insurance
RenaissanceRe Holdings has responded to a letter by its investor TimesSquare Capital Management, urging the Bermuda-based re/insurer to review its strategy and seek a buyer for the business. 3 October 2018
Insurance
The recent run of large natural disasters to hit Japan has put downward pressure on the creditworthiness of the nation's three largest non-life insurance groups, S&P Global Ratings suggested in a briefing. 3 October 2018
Alternative Risk Transfer
The first quarter of 2018 was the strongest quarter in terms of insurance-linked securities (ILS) issuance since 2009 despite significant catastrophe losses in 2017 from hurricanes Harvey, Irma and Maria, according to the September edition of the Bermuda ILS Market Report. 3 October 2018
Insurance
Re/insurer AXA XL has partnered with Denver, Colorado-based supply chain data platform Parsyl to offer enhanced marine risk prevention services. 3 October 2018
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