News Page 37 / 1002
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- November 1 2024
SIRC diary: Stormy weather
Flooding, of course, is nothing new, but even to the most casual observer, it would now appear unarguable that the severity and intensity of flood losses is a serious problem
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- November 1 2024
Reinsurers guarding themselves to “not let loose” at 1.1 renewals, says Peak Re’s Hahn
Unstable interest rates, geopolitical uncertainty and more severe and frequent secondary perils mean that reinsurers remain in a difficult position and should not be expected to cede significant ground on rate at the forthcoming 1.1 renewals.
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- November 1 2024
Opinion: Risks from rising ESG regulations looming threat for businesses
The D&O market is playing a watching brief as sanctions and litigation around ESG breaches and non-compliance play out.
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- November 1 2024
APAC’s economic surge to drive global insurance market growth: Gallagher Re
The cyber insurance market in the Asia Pacific region is growing at an annual rate of about 50%, according to the broker's latest regional market watch.
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- October 31 2024
Late-season Typhoon Kong-rey causes disruption in Taiwan, set to bring heavy rains to Shanghai
The biggest storm to make landfall on the island could see property and BI losses as well as the risk of an oil spill from a beached cargo ship on the northern coast.
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- October 31 2024
Sompo, Bigmotor to investigate past claims frauds to compensate customers
Bigmotor has changed its name to BALM following the scandal and is planning to announce a concrete recovery strategy for customers next month.
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- October 31 2024
AUB Group to focus on building out its UK retail capabilities in FY 2025
The Australian broking group has combined the Tysers retail arm with Movo and Momentum to form a new UK retail unit, which will be led by recently named chief executive Bob Pybus.
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- October 31 2024
Qubit takes Fusion’s Damian Lynch as digital asset insurance CUO
Sydney-based Lynch will reporting to the specialist MGA's CEO Helen Ye and will be responsible for leading the firm's underwriting strategy in the digital asset space.
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- October 31 2024
India and Korea bright spots in FM’s regional play
Growing Asian economies drive demand for data-driven risk mitigation, say the mutual's regional leaders James Thompson and Tan Hian Hong.
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- October 31 2024
Steamship sets benchmark for P&I clubs with 5% general increase for 2025 renewal
The IG P&I club has also announced a capital distribution of 12.5% of the 2024-25 mutual P&I premium to its members who renew in 2025.
