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...
Global Malware Attack Could Cost Insurers $27 Billion January 29, 2019 By Noor Zainab Hussain A coordinated global cyber attack, spread through malicious email, could cause economic damages anywhere between $85 billion and $193 billion,...
Private Flood Insurers Not Yet Ready to Fill Massive U.S. Protection Gap January 24, 2019 By L.S. Howard The flood insurance protection gap in the United States is massive, but the take-up rate of private flood insurance continues...
California Wildfires, Hurricane Michael Top List of 2018’s Costliest Natural Disasters: Munich Re January 8, 2019 By L.S. Howard The costliest natural catastrophes occurred in the United States in 2018 with one of California’s devastating wildfires and Hurricane Michael...
Global Property, Mortality Protection Gap Hits $500B: Swiss Re November 26, 2018 Households and businesses face a $500 billion global property and mortality protection gap, according to Swiss Re’s latest sigma study....
AXA’s Duverne Named Chairman of Insurance Development Forum, Replacing Catlin September 13, 2018 The Insurance Development Forum (IDF) announced the appointment of Denis Duverne as chair of its Steering Committee, succeeding Stephen Catlin,...