Efforts to Tackle Somali Piracy Paying Off Says IMB July 17, 2012 By Jonathan Saul Tougher action by international navies and the use of private armed guards on ships have more than halved the number...
6 Month Insured Losses at $12 Billion; Nat Cats Less Costly: Munich Re July 13, 2012 Natural catastrophe losses were “relatively moderate” in the first six months of 2012, concludes Munich Re’s assessment for the first...
Growing Amount of Space Debris Threatens Satellites: Allianz Report July 11, 2012 A study from Allianz Global Corporate & Specialty (AGCS) warns that “man-made space junk poses a serious threat to all...
June’s Severe Weather Losses Near $2 Billion in U.S.: Aon Benfield July 10, 2012 U.S. severe weather insurance losses were close to $2 billion in June, according to Aon Benfield’s Global Catastrophe Report. Published...
Guy Carpenter Report Focuses on Asia-Pacific 2011 ‘Climate Issues’ July 9, 2012 The Guy Carpenter Asia-Pacific Climate Impact Centre (GCACIC), a joint initiative of Guy Carpenter and City University of Hong Kong,...
Willis Re Reports Some Reinsurance Rate Increases, but No Market Turn July 3, 2012 “Rate increases in the North American and International reinsurance markets are due to modest losses and poor results – not...
Best Sees Indonesia P&C Sector Growth; Capital, Regulatory Challenges June 29, 2012 A new report from A.M. Best Co. concludes that “Indonesia’s solid economy is fueling growth for a developing non-life insurance...
Marsh Reports Global Insurance Prices up 1.4% in Q2; Sees Further Increases June 28, 2012 Global insurance prices are set to rise for a third consecutive quarter as the industry strives to bolster its finances...
Swiss Re sigma Study Finds P&C Growth in Emerging Markets June 27, 2012 Swiss Re’s latest sigma study concludes that “global overall premiums declined 0.8 percent in real terms in 2011. While non-life...
Willis Re Reports on Impact of ‘RMS v11’ European Windstorm Model Changes June 18, 2012 A report from Willis Re notes that “UK insurers may see increases of up to 97 percent in their capital...