Global insurance trends

Cat Events: Global Shield Insurance Concept Gains Support

More co-ordinated efforts to insure assets and people in regions where hurricanes, volcanic activity and tsunamis are more frequent, has just been announced. Here’s the word from the Centre for Disaster Protection; The Centre for […]

Global insurance trends

Generali Working With UNDP on Sustainable Insurance in Malaysia

The latest from Generali; Generali and the United Nations Development Programme (UNDP) brought together representatives from the Malaysian Ministry of Finance, Bank Negara Malaysia, the SME Association of Malaysia and the insurance and financial communities […]

Global insurance trends

Risk Modelling & Stress Testing is Receiving More Attention

Are you risk modelling different claims scenarios? Maybe you should be, as the trend seems to be towards increased investment in looking at potental risks and stress testing systems. Here’s the word; Insurers are boosting […]

Global insurance trends

Reinsurance Capital Capacity: New Sources Could Be Required

More capacity on reinsurance could be needed in the future and Bloomberg Intelligence has been doing some thinking about that. Here’s the word; Alternative-reinsurance vehicles, which compete with rated-reinsurers and thereby hurt pricing, could continue […]

Global insurance trends

Global Cat Losses in Focus For Willis Towers Watson

WTW offers some insights on Cat events and insured losses during 2023. For the fourth consecutive year 2023 saw a global insured loss exceeding US$100 billion, however  with a total economic loss surpassing US$350 billion, […]

Global insurance trends

Cat Events Causing Insurers More Losses, As Asset Values Rise

Did you know that the Italian army found themselves stuck in a quagmire at Derna, Libya, back in 1911 when floods washed down the wadi? Or that much of Washington DC near the White House […]

News

NomanMax Syndicate 3939 is Approved

Latest from NormanMax Holdings; NormanMax Insurance Holdings, the US based parametric (re)insurance group, has received ‘approval in principle’ from Lloyd’s to launch a syndicate in 2024, to be managed by Apollo Syndicate Management Ltd, the market […]