Parametric Insurance Can Help Close Global Protection Gap: Clyde & Co. Report January 9, 2018 By L.S. Howard Parametric insurance can play a significant role in closing the insurance protection gap – a problem that plagues economies in...
London’s Brexit-Related Job Losses May Not Be as High as Initially Feared January 8, 2018 By Huw Jones British banking, insurance and asset management job losses to the European Union due to Brexit might not be as heavy...
Chubb Enhances Work Injury Compensation Product in Singapore January 8, 2018 Chubb announced it has enhanced to its Chubb Work Guard product, which is work injury compensation cover for Singapore businesses....
MS Amlin Creates Bermuda-Based Reinsurance Sidecar, Viribus Re January 8, 2018 MS Amlin, the London-based specialist re/insurer, announced that a Bermuda-domiciled special purpose reinsurer, Viribus Re Ltd., has been created to...
Pioneer Launches Latin American Operation with 4 Senior Hires January 8, 2018 Pioneer Underwriters has launched a Latin American business with the opening of a regional hub and the appointment of four...
China’s Ping An Saw Stock Market Capitalization Climb Whopping $101B in 2017 January 8, 2018 By Kana Nishizawa and Enda Curran Insurance may lack the buzz and cachet enjoyed by tech companies, yet the stock of one Chinese company in the...
Fire Rages on Iranian Oil Tanker After Collision in East China Sea; Crew Missing January 8, 2018 Rescue crews wrestled to bring a blaze on an Iranian oil tanker off China’s east coast under control on Monday...
Partner Re’s Walker Retires; Goldie Named CEO of P/C; Clarke Heads Specialty Lines with Haft January 5, 2018 Bermuda’s PartnerRe Ltd. announced that Charles Goldie, formerly CEO of Specialty Lines, has been appointed CEO of Property & Casualty,...
Catastrophe Bond Issuance Tops New Record of $10.5B in 2017: Verisk Report January 5, 2018 Catastrophe bond issuance surpassed $10.5 billion in 2017 – a new record, according to the latest report from the Property...
Insured Losses for Germany’s Cyclone Xavier Rise to US$391.5M: PERILS January 5, 2018 The insured property market loss for Extratropical Cyclone Xavier, which affected Germany on Oct. 5, 2017, has risen to €325...