Peak Re partners with Shanghai Typhoon Institute

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Hong Kong based reinsurer Peak Re and the Shanghai Typhoon Institute are partnering for research projects into the impact of tropical cyclones on the insurance market.

The projects will focus on the South China Sea and Northwestern Pacific Basin - one of the most active cyclone areas in the world where storms often hit south China, Hong Kong, Japan, Korea, the

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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