The insurance industry is making significant contributions to building socio-economic resilience to climate change and supporting the transition to a low-carbon economy in their role as risk management experts and investors, according to a new research report The report out …
While insurance against cyber risk represents a tremendous new business for the insurance industry, numerous problems with the insurability currently impede the development of the market,” according to a new report published by the Geneva Association. The report, titled “Ten …
Companies originally created the role of the chief risk officer because they “recognized that good risk management is really good business,” according to Michael Steel, former CRO at AXIS Capital. The role of CRO is a relatively new one for …
The sweeping agreement to reduce carbon emissions and battle climate change hammered out by world leaders last year could be greatly transformative for the insurance and reinsurance industry, according to industry experts who have read and thoroughly analyzed the document. …
The Geneva Association has released a 47 page report that details the particulars of insuring the risks from floods in Asia’s “high growth” markets. “In Asia, the insurance protection gap is yawning particularly widely,” the study concludes. “Less than 10 …
International insurance economics think tank, The Geneva Association, has appointed Anna Maria D’Hulster as Secretary General and Managing Director.She has held a number of senior executive and board roles in the insurance industry and joins The Geneva Association from SwissQuant …
Proposed curbs on insurers aimed at preventing a repeat of AIG’s 2008 taxpayer bailout could raise the cost of insurance, making more people dependent on the state, a finance sector lobby group said. “As currently designed, there is a high …
International insurance think tank, The Geneva Association has published a cross-industry analysis comparing the named 28 Global Systemically Important Banks (G-SIBs) to 28 of the world’s largest insurers on indicators of systemic risk. John H. Fitzpatrick, Secretary General of The …
After 39 years of gathering, collating and disseminating the facts and figures relevant to the global insurance industry the world’s leaders and shakers are finally paying attention to the findings and recommendations of the Geneva Association. “There’s now a growing …
A bulletin from the insurance think tank The Geneva Association notes that “leaders of the insurance industry have significant concerns about the effects of inappropriate regulation and the effects of the current economic crisis,” according to a survey it conducted. …
