Opinion

Market Snapshot: GlobalData Sees Growth Potential in New Zealand

High susceptibility to natural hazards combined with rise in residential and infrastructure construction is expected to drive New Zealand’s general insurance market from NZD8.4bn (US$5.8bn) in 2018 to NZD10.9bn (US$7.8bn) in 2023, according to GlobalData, […]

Natural Catastrophe

Xceedance Launches Catastrophe Modelling Software Services

 In the wake of Hurricane Dorian, it’s useful for eveyone in the insurance sector to keep up to date with the latest disaster modelling software. The more information underwriters, insurers and brokers have, the better. […]

Lloyd's/London Market

Lloyd’s of London Now Completing Half of All Transactions Online

Lloyd’s of London is now completing over half of all insurance transactions electronically, as technology allows brokers, underwriters and insurers to assess risk, quote, bind and settle claims online without old fashioned paper-shuffling and delays. […]

Global insurance trends

Lloyds Research Highlights Under-Insurance Risk in Emerging Economies

An estimated $163 billion of assets are underinsured in the world today, leaving an exposure gap that poses a significant threat to livelihoods and global prosperity, according to new research from Lloyd’s and the Centre […]

Emerging Risk

Insurance Australia Group Chooses RMS Earthquake Risk Model

RMS, the global risk modeling and analytics firm, today announces that Insurance Australia Group (IAG), a leading multinational insurer, has licensed the RMS High Definition New Zealand Earthquake Model. The RMS High Definition (HD) New […]

Global insurance trends

RMS Wins Risk Modelling Award for Latin American Markets

RMS, the market leader in global risk modeling and analytics, announced today that it was named the Latin America Risk Modeller of the Year for the second year in a row at this year’s Reactions Sixth […]

InsureTech

Etherisc Launches Blockchain Insurance to Cope With Storms & Disasters

Etherisc, the global, decentralized insurance platform for collectively building insurance products, has today announced its support for the first blockchain-enabled insurance product to combat catastrophic weather events in Puerto Rico. The hurricane insurance policy on […]

Insurance & Reinsurance

Willis Towers and Covea Deal on Storm Damage is Signed Off

Willis Towers Watson Securities, the investment banking business of Willis Towers Watson (NASDAQ: WLTW), today announced that it has structured and placed EUR 90 million of insurance-linked securities for Covea Mutual Insurance Group, France’s largest […]