News Page 878 / 1063
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- May 16 2017
Irdai approves Gen Re R3 licence in India
The R3 licence covers underwriting and risk management expertise locally rather than cross-border.
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- May 16 2017
Many firms outside US fail in cyber protection
The ransomware worm that caused worldwide damage exposed many companies’ failure to take cyber security seriously.
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- May 15 2017
China’s tightening to benefit insurers in long run
Analysts are confident that stricter oversight from the regulator will result in better market discipline.
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- May 15 2017
Global non-life investment income set to decline
Moody’s says that low global interest rates will continue to pressure profitability and solvency.
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- May 15 2017
SBI General Insurance posts first profit in seven years
The company attributed the rise in profits to improved risk selection and better expense-control measures.
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- May 12 2017
Cyber premiums to triple in four years
Global insurance companies consider coverage against hackers as one of the most promising markets.
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- May 12 2017
AIG to name Duperreault as new CEO
The 70-year-old industry veteran is returning to the troubled insurer to help steer it back to better profitability.
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- May 12 2017
Anbang-owned Fidea set for relaunch
Acquired by Anbang two years ago, the Belgian insurer is now focusing more on long-term returns.
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- May 11 2017
Tokio Marine to invest more in US corporate debt
Rising hedging costs are making investment in foreign government bonds less appealing for Japanese insurers.
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- May 11 2017
London losing steam in reinsurance
Other markets are eating up the British capital's share of the global reinsurance industry.
