Global

EV market expansion spurs opportunities for insurer-manufacturer collaboration

January 22 2024

Strategic partnerships that combine vehicle data with expertise in claims handling and risk assessment can lead to improved insurance products.

singapore-cargo-underwriting-set-to-go-way-of-hull-as-insurers-prepare-to-withdraw-red-sea-war-risk

Singapore cargo underwriters prepare to cancel Red Sea war risk cover

January 16 2024

Cargo carriers' wait-and-see approach has been pushed to the limit and are poised to go the way of hull insurers by issuing cancellation notices.

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Doksuri second costliest nat cat in 2023 as Munich Re stresses importance of closing Asia's protection gap

January 9 2024

"Storms like Doksuri are likely to become more frequent" says Munich Re's Achim Kassow as reinsurer publishes 2023 NatCat report.

GHG emissions disclosures of 'limited use' in near term says Moody's

January 9 2024

Regional and global GHG emissions disclosure standards are currently not harmonised making comparisons difficult.

MGA Ai Marine Risk launches with B.P. Marsh backing

January 8 2024

Founded by marine insurance experts Tom Fulford-Smith and Charles D'Alton, the MGA aims to build a global portfolio with a focus on the UK, Europe, APAC, and the Middle East.

Growth in offshore wind presents new risks

December 21 2023

Offshore wind is seen as a crucial part of renewable energy transition, but rapid growth and changing tech create emerging risks for insurers.

Munich Re: multi-year view needed on Nat Cat profitability

December 19 2023

Firm's CFO told analysts that while a single event could wipe out a year’s profits the sector was stable over the longer term.

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17 Asian carriers in S&P's inaugural top 50 life insurer ranking

December 13 2023

Asia takes second to fifth positions and finishes second behind only Europe in regional rankings.

S&P releases inaugural global ranking of P&C (re)insurers

December 13 2023

China's PICC second, with 11 Asia Pac insurers in the top 50.

Chubb hires Federico Spagnoli as Consumer Lines Division President for International Operations

December 13 2023

Spagnoli joins from Prudential Financial to lead Chubb's growth ambitions across Asia Pacific, Latin America and Europe.

Petros Papanikolaou announced as CEO of AGCS and Allianz Commercial

December 12 2023

Papanikolaou replaces Joachim Müller and will take on additional responsibility of leading Allianz Commercial

Singapore's GIC to acquire majority stake in Miller

December 11 2023

Agreement reached for Singapore's sovereign wealth fund to acquire Civen's shares in the (re)insurance broker.

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