Cyber Attack on Asia-Pacific Ports Could Cost $110B, Hitting Global Supply Chains October 30, 2019 A single cyber attack that affects major ports across Asia-Pacific could cost $110 billion, which is roughly equivalent to half...
Reinsurers Look at Cyber’s Massive Growth Possibilities-With Caution October 22, 2019 By L.S. Howard Reinsurers are aware they must constantly invent new solutions in order to stay relevant for their clients. Yet, they admit...
U.S. Private Flood Insurance: The Journey to Build a New Market September 27, 2019 By Nancy Watkins and David D. Evans Not long ago, private flood insurance was thought to be an impossible dream in the property/casualty sector. There were numerous...
Aon, Insurtech Startup Etherisc Launch Blockchain-Based Agriculture Insurance July 1, 2019 Aon plc has partnered with anti-poverty organization Oxfam and insurtech startup Etherisc to launch a blockchain-based platform that provides agriculture...
WTW Taps Nat Re’s Hidalgo as Head of Capital Science and Policy in Southeast Asia June 6, 2019 Willis Towers Watson announced the appointment of Augusto Hidalgo as head of Capital, Science and Policy (CSP) in Southeast Asia....
Don’t Count on Home Insurance to Cover Cost of Rebuilding: Viewpoint April 12, 2019 By Liam Denning Own a home? No doubt you’ve insured it. Very sensible of you. But if that home were, say, burned to...
Africa Re Joins World Bank’s IFC to Build Crop Insurance Market for Nigeria’s Farmers March 29, 2019 The International Finance Corp. (IFC), a member of the World Bank Group, announced it has signed an agreement with Africa...
Emerging Markets to Drive Global Insurance Growth over Next Decade: Swiss Re’s Sigma March 8, 2019 Emerging markets will remain the growth engine of the global economy and insurance industry over the next decade, reflecting a...
JBA Broadens Access to Sri Lanka Flood Model to Help Bridge Protection Gap February 19, 2019 JBA Risk Management has released its Sri Lanka Flood Model onto Simplitium’s ModEx platform. The initiative is specifically aimed at...
Italy’s Banks Look to Sell P/C Insurance as New Source of Revenues February 4, 2019 By Stephen Jewkes and Valentina Za An aging population and struggling state finances could turn into an unlikely boon for Italy’s banks, which have turned to...