Insurance & Reinsurance
2014 proving releatively benign so far for catastrophe losses
Natural catastrophes caused total economic losses of US$41bn, well below the US$59bn in H1 2013 and the average first-half year loss of the previous 10 years (US$94bn) […]
#BIBA2014 sparks fly in panel debate
BIBA 2014’s opening debate was punctuated by a moment of contrition, as panellists and audience rounded on the industry’s reputation as portrayed by the media. In a gripping session chaired by Channel 4 news anchor […]
Lives lost to nat cats rise 78% in 2013
Estimated insured losses from natural catastrophes and man-made disasters in 2013 have fallen significantly, but loss of life has almost doubled. […]
After Haiyan: Microinsurance needs claims innovation
The recent typhoon disaster in the Philippines has left millions of people without access to basic food and shelter. Annalisa Bianchessi explains how micro insurance is supporting people and paying their claims. Microinsurance has boomed […]
Global insurance M&A unlikely to recover before 2020
Communication or social networking companies could also use M&A to acquire an insurance vehicle and combine it with their high levels of customer insight and trust. […]
MPs call time on whiplash claims
“The Government has claimed that the UK is the ‘whiplash capital of the world’, but without reliable data on road accidents we cannot say whether that statement is true or not,” added Louise Ellman MP, chair of the House of Commons Transport Select Committee. […]
Indy failure cited by S&P as ‘Too big to fail’ probe intensifies
By Ralph Savage At a time when regulators are pondering the ‘too big to fail’ question, Standard & Poors has issued a timely reminder of the reasons so many insurers have hit the wall during […]