News – Page 161
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News Agenda
Pointless continuing reinsurance relationships on bad terms – PartnerRe’s Beedle
Pricing inadequacy means saying no to some business, stresses PartnerRe’s Asia Pacific CEO
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Online only
GR at SIRC 2019: Day 2 live & free to read
Catch up with all the news on the second day of the 16th Singapore International Reinsurance Conference (SIRC)
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News Agenda
The future of the industry - SIRC 2019 opening debate
This year’s event is “the largest SIRC ever”, organisers boast, welcoming 1,130 delegates from more than 400 organisations and 53 countries to Singapore
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Viewpoints
Axis Re targets Asian health business, sets new priorities amid shifting standards
China, India and Vietnam represent health reinsurance opportunities
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News Agenda
Emerging Asia dominates Aon study of geographic opportunities
Malaysia, Indonesia, and Singapore were ranked in top positions in a country opportunity index
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Online only
GR at SIRC 2019: Day 1 live & free to read
Catch up with all the news from the first day of the 16th Singapore International Reinsurance Conference (SIRC)
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News Agenda
The Hong Kong protests: What if the government labels them terrorism?
Defining the pro-democracy protests as terrorism could impact insurance policies, as the cost of the demonstrations continues to rise
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News Agenda
Insurance should cater to Asia’s emerging middle class – Peak Re
The insurance protection gap in emerging Asia has been exasperated by insufficient protection through social security, according to Hong Kong-based reinsurer Peak Re
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News Agenda
Beazley reveals Asia Pacific growth strategy amid underwriting expansion
Beazley is expanding its Asia Pacific underwriting footprint. The specialist insurer said it has made a strategic investment in the region to facilitate its expansion. More roles and product launches will follow in the next 12 months, Beazley said. An increased presence in Asia Pacific enables the ...
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News Agenda
AIG endorses Lloyd’s with new $1bn high net worth Syndicate 2019
The insurer plans to launch a new syndicate at Lloyd’s serving the US high net worth market, writing up to $1bn in gross written premiums by 1 January 2020
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News Agenda
Insurtech investments this year surpass 2018 already – WTW report
Deal numbers were up 20% in Q3 and marked the first quarter since Q2 of 2018 when investments in business-facing insurtechs outnumbered investments in distribution-focused ventures
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News Agenda
Japan’s Typhoon Hagibis to cost insured losses of $8-16bn, according to AIR
Catastrophe risk modeller AIR Worldwide said more than half of the losses would come from inland flooding
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News Agenda
Greenpeace climate protest in Baden-Baden over reinsuring dirty energy
The industry’s role reinsuring energy business relating to coal attracted Greenpeace activists to Baden-Baden this year
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News Agenda
Bermuda reinsurers’ performance improving – Fitch analysis
The 22 Bermuda reinsurers in Fitch’s sample reported a 99% 2018 combined ratio on aggregate, better than 108% in 2017 but higher than the 93% average over the past five years
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News Agenda
Baden-Baden: Is re/insurance ready for Industry 4.0? - GC Symposium
Reinsurance broker Guy Carpenter kicks off 2019’s Baden-Baden Reinsurance Meeting by asking whether the sector is ready for the forces of the fourth industrial revolution – so-called Industry 4.0
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News Agenda
Aon launches US regional insurers’ group
Re/insurance broker Aon has launched a group for US regional insurer clients, but is planning global rollout
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News Agenda
Samengo-Turner appointed global fac leader at Guy Carpenter
He steps up to the global fac role in London after leading Marsh JLT Specialty Asia in Hong Kong, where a replacement has already been found
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News Agenda
Arig seeks shareholder vote on underwriting cessation, appoints interim CEO
Central Bank of Bahrain has advised the country’s stock exchange to resume trading of Arig shares, suspended since 14 May
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News Agenda
MS Amlin bails out of the aviation insurance market
London market re/insurer MS Amlin has confirmed its exit from the aviation insurance market, putting its portfolio into runoff
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News Agenda
New CFO and COO appointments at PartnerRe
Reinsurer PartnerRe has announced executive leadership changes