2018 was a volatile year for Asian insurers with the majority of them posting declines in gross written premium or sluggish growth. Christie Lee, senior director of analytics for Asia-Pacific at AM Best, explains the challenges they are facing.
Swiss Re has cancelled a share buy-back programme, following a hit from natural catastrophes, capital deployment and the suspension of Reassure's initial public offering.
CFC is exploring the possibility of entering the personal cyber market.
Sedgwick loss adjusters arrived on Great Abaco Island in the wake of Hurricane Dorian aboard a Black Hawk helicopter on 6 September.
The former CEO of Swiss Re UK’s holding company, Tim Carroll will become chair of Ecclesiastical parent company Allchurches Trust at the end of the year.
Insurers have been forced into the front line of the fight to stop global warming and climate change and they are beginning to feel uncomfortable and exposed. While several major insurers have issued bold commitments to join the fight to halt global…
Reinsurance rates have started to rise after a series of natural disasters in 2017 and 2018, but the increases are not being seen across the board.
European reinsurers well-placed to absorb cat losses and take advantage of continued price increases: Fitch
The big four European reinsurers are well capitalised to absorb catastrophe losses and build on pricing increases that are expected to continue into next year, Fitch Ratings has said.
The more things change, the more they stay the same. So runs a French expression that feels apt in a week that saw Brexit delayed, leaving us all wondering whether we will be able to talk about anything else ever again.
Swiss Re has confirmed it is a co-insurer of both Boeing and Ethiopian Airlines.
The insurtech sector continues to grow, with a 40% increase in the number of insurance-related patents, research found.
Global specialty insurer, Starstone have announced that they have appointed John Hendrickson as group CEO.
General Data Protection Regulation filings could be used as a potential trigger for payouts from cyber parametric insurance policies, a conference heard.
Plug and Play has chosen 17 start-ups to join batch one of its European accelerator, in collaboration with Play Insurtech and Insurtech Hub Munich.
From the app that arranges insurance for a day to the online service that pays claims in less than one minute, digital technology has transformed the face of the insurance sector. Post takes a closer look at the insurtech movement and its partnership…
Swiss Re UK & Ireland CEO Frank O’Neill is leaving the business to pursue another opportunity.
For those of us back in the office while the holiday season continues it might seem like time is moving slowly but the Association of British Insurers revealed this week that for every minute we count down until silly season is over and the out of office…
The CEO of Hannover Re, Ulrich Wallin, is to step down and retire from the reinsurance giant in 2019 and will be replaced by Swiss Re’s Jean-Jacques Henchoz.
Global insured losses from natural catastrophes and man-made disasters during the first half of 2018 were $20bn, 33% below the ten-year average of $35bn, according to Swiss Re Institute's preliminary sigma report.
Parametrics, a specialised form of reinsurance or insurance used mainly in catastrophe bonds, could become more mainstream as risk managers seek to overcome some of the limitations of traditional insurance, according to a survey.
The starting question had far reaching implications: “In 2030, what will the world need protecting from?” To answer that, five cross-industry teams explored the issues involved in an industry innovation challenge.
Warren Buffett’s Berkshire Hathaway became the world's third-largest reinsurer in 2017, ending European dominance over the top four.
Swiss Re's insurance arm Swiss Re Corporate Solutions has named Jake Algar head of UK & Ireland, effective 1 May 2018.