AIG CEO Zaffino on Approach to Catastrophe Losses in Today’s Reinsurance Market November 6, 2024 By Chad Hemenway American International Group CEO Peter Zaffino said he expects the reinsurance market’s attachment points to remain on top of losses...
Re/Insurance CEOs Join Insurance Development Forum, UN & World Bank Initiative May 17, 2016 A group of re/insurance and global broking CEOs are assisting the work of the Insurance Development Forum (IDF), which was...
PERILS Joins Singapore’s NatCatDAX, Aiming to Close Asia Nat Cat Protection Gap April 28, 2016 PERILS, the Zurich-based independent organization providing industry-wide catastrophe insurance data, announced it has joined the Singapore-based Natural Catastrophe Data and...
Ecuador to Raise Taxes, Sell Assets to Fund Multi-Billion Dollar Quake Rebuilding April 22, 2016 By Ana Isabel Martinez and Diego Oré Ecuador will temporarily increase some taxes, sell assets, and may issue new bonds on the international market to fund a...
XL Catlin Exec Heads Public-Private Forum to Close ‘Protection Gap’ for Disasters April 19, 2016 The insurance industry, the United Nations and the World Bank have formed a public-private partnership designed to help bridge the...
Gap Between Insured & Economic Losses Offers Business Opportunities: AIR September 18, 2015 A huge global gap between disaster-related insured and economic losses presents a growth opportunity for P/C carriers, AIR Worldwide determined...
Underinsurance of Property Is Growing Global Challenge: Swiss Re Report September 15, 2015 The underinsurance of property risk – particularly natural catastrophe risks – has risen steadily over the past 40 years, even...
Insurers Respond to Risk Managers at FERMA Forum – Part 2 October 4, 2013 By Charles E. Boyle After the risk managers expressed their views on how re/insurance carriers were handling such matters as innovation, new policies and...