New South Wales pushes insurance monitor bill to lower premiums for consumers
May 13 2024 by Georgina Lee
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Yagi kills 38 in Vietnam, China, Philippines with US$103 million losses estimated for China
- September 6
The super typhoon killed at least nine in Vietnam and four in China, with hundreds injured in both countries. In Hainan province, damage to road transportations, civil aviation, water and power outages resulted in "severe disaster losses", a government official said.
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Extension of cyclone pool coverage period to 7 days would increase average annual loss by 5%: ARPC
- September 6
The Australian cyclone pool will need to collect additional premiums through rate increases to cover the increased claims costs if such a change was made, the pool's administrator said.
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Public-private partnership key to closing cyber protection gap: Zurich and Marsh McLennan
- September 6
As the global cost of cybercrime is projected to nearly triple to US$24 trillion by 2027, the public and insurance sectors must enhance their collaboration, the two firms said in a jointly launched white paper.
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RVS Monte Carlo: Reinsurer returns will remain attractive despite expected softening of rate – Aon
- September 6
In a briefing ahead of the Monte Carlo reinsurance summit, the broker forecasts an increase in pricing competition in 2025, and that insurers will begin to see greater flexibility around capacity provision and coverages.
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Peak Re | Emerging Asia middle class: A catalyst for change
Rising demand for elderly care and women driving consumption growth mandate carriers to develop precise solutions to meet customer expectations.
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Rimkus, CCi, and Hargreaves Jones set for continued global growth under one brand
A series of successful acquisitions has extended Rimkus’ services and expanded its global footprint.
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Aviva Investors | Liquidity optimisation for insurers: Building a bespoke portfolio solution
In this in-depth case study, we look at how bespoke liquidity portfolios that take into account the interplay between different assets can suit the needs of insurers.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.
