Industry Segments: Risk Page 21 / 23
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- August 20 2015
Tianjin blast losses could be higher than estimates
Fitch says insurance losses from explosion could be more than US$1.5bn.
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- August 14 2015
Willis acquires Taiwan’s Elite Risk Services
Willis has paid an undisclosed sum for the Taiwanese specialist broker, doubling its presence in the country.
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- August 14 2015
Asean integration to benefit insurers says S&P
A report released by the ratings agency gives an upbeat take on Asean opportunities for insurers.
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- August 6 2015
Maritime insurance costs up $3.2bn as piracy rises
Attacks by pirates on commercial shipping in South-East Asia rose to a 12-year high in the first half of this year.
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- August 3 2015
Less than 20% of large firms globally have cyber insurance
Cyber market however, forecast to hit US$10bn by 2020 as more companies look to transfer cyber risks to insurance providers.
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- July 28 2015
Lloyd’s forms consortium to expand in Asia
Consortium to cover commercial light and moderate industrial property risks in the region.
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- July 23 2015
Insurance industry warns of effects of global tax reform
IUA warns regulators that complexity and an undue compliance burden will discourage investment.
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- July 20 2015
Typhoon Chan-hom claims predicted at US$350m
Insured losses are unlikely to exceed US$354.3m, according to AIR Worldwide's catastrophe risk modelling.
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- July 16 2015
Climate models predict fewer typhoons for 2015
El Nino conditions in the Pacific are predicted to reduce the number of tropical cyclones in Asia this year.
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- July 16 2015
Insurers cite regulation as top industry risk
Heavy-handed regulators are the top concern among insurers around the world, followed by fears over the broader economic outlook.
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- July 15 2015
Guy Carpenter hails Panda bond as “historic”
Cat bond exemplifies the benefits of convergence between reinsurance and capital markets, says David Priebe.
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- July 14 2015
Japan curbs Venezuela trade insurance deals
Depressed oil prices have led to fears that the South American producer may not meet its obligations.
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- July 14 2015
S&P warns Chinese insurers of equity risks
Insurers should stay prudent after China's relaxation of regulatory limits on equity investments.
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- July 8 2015
GC&C appoints Ben Hazelton for senior Risk Engineering role
Hazelton leads the advancement of GC&C’s risk management framework across Asia.
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- July 8 2015
Insurance CEOs cite tax burden as threat to growth
Findings taken from the 18th Annual Global CEO Survey conducted by PwC.
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- July 6 2015
Global airline insurance cost likely to fall this year
Competition and better risk management practices, cited as reasons according to AIG's Martin Stevans.
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- July 1 2015
Global regulators push back implementation of ICS
Regulators continue to assess feedback before implementing tougher capital rules.
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- June 30 2015
Specialist warns of over-reliance on cyber insurance
Security specialist Carl Leonard says companies' over-reliance on cyber insurance could result in security breaches.
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- June 30 2015
Peak Re appoints chief risk officer
The appointment signifies a move to strengthen corporate risk management amid rising international standards and requirements.
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- June 29 2015
Willis names Southeast Asia CEO
Simon Weaver appointed to the newly created role of regional CEO for SE Asia and CEO for Singapore.