News
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
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
Alternative Risk Transfer
Reinsurers should not fear so-called alternative capital. Instead, they should leverage it to lower the cost of capital and help narrow what remains a significant protection gap in many parts of Asia-Pacific. 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
A combination of markets enjoying rapid economic growth, a vibrant agricultural sector and the introduction of risk-based capital regulations mean opportunities in Asia-Pacific for the right clients, Kenrick Law of Allianz Re told SIRC Today. 29 October 2019
Insurance
The words of climate activist Greta Thunberg were quoted at the start of the 16th Singapore International Reinsurance Conference (SIRC) yesterday by Sivam Subramaniam, chair of the 16th SIRC organising committee. 29 October 2019
Insurance
AmTrust International has appointed Steven Moore as lead underwriter for professional indemnity within its specialty division. 29 October 2019
Insurance
Berkshire Hathaway Specialty Insurance (BHSI) has started underwriting casualty and construction insurance in France and filled two key in-country leadership posts, naming Olivier Antiphon as head of construction and Anne-Sophie Bonifay as head of casualty. 28 October 2019
Insurance
As three California wildfires continue to ravage California, destroying more than 7,000 structures and displacing hundreds of thousands of people, more insurers are refusing cover, according to local press reports. 28 October 2019
Insurance
Sedgwick, a global provider of technology-enabled risk, benefits and integrated business solutions, has appointed Stephen Kerr and Steve Whetter as managing directors for its UK operations. 28 October 2019
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