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Global tag returned 552 results

  • Geopolitical tensions create significant increase in political risk losses up from 2017-Willis Towers Watson

    Growing geopolitical concerns are causing a rise in political risk exposures, with over half (55%) of global organisations with revenues greater than $1bn experiencing at least one political risk loss over $100m in value, according to a survey from Willis Towers Watson and Oxford Analytica.

    Asia Risk | 26 Sep 2018
  • RMS and Cambridge University launch new data schema to manage over $500tn insurance exposure

    Catastrophe risk modelling firm RMS and the Cambridge Centre for Risk Studies (CCRS) at the University of Cambridge in the UK have released a new data schema for 14 different classes of insurance exposure which will enable insurance companies to efficiently manage multiline accumulation and clash risk.

    Asia Risk | 26 Sep 2018
  • "Now is the time to manage the 'unthinkable' risks"-former IUMI President

    It is time to start managing 'unthinkable risks'. That was the message to the marine insurance industry from Mr Dieter Berg in his last speech as president of the International Union of Marine Insurers' (IUMI).

    Asia Risk | 26 Sep 2018
  • Cyber risk is manageable-Swiss Re's Jayne Plunkett

    Cyber risks can be mitigated, said Swiss Re Asia regional president Jayne Plunkett in a recent post on LinkedIn, commenting on discussions she participated in at a World Economic Forum (WEF) panel on regional cyber resilience in Tianjin, China, last week.

    Asia Risk | 26 Sep 2018
  • Nepal: AIRDC members must cooperate for disaster resilience

    Speakers at the 21st Association of Insurers and Reinsurers of Developing Countries (AIRDC) conference being held in Kathmandu called for greater cooperation and sharing of experience in disaster risk financing and insurance between AIRDC members.

    Asia | 26 Sep 2018
  • Allianz to become worldwide Olympic insurance partner

    The International Olympic Committee (IOC) and global insurer Allianz have announced that the insurer will join the "Worldwide Olympic Partner" (TOP) Programme in 2021.

    Agents | 25 Sep 2018
  • Global marine premiums Up 2% - IUMI

    The International Union of Marine Insurance (IUMI) has released its annual statistical report on the marine insurance market highlighting that global marine premiums were $28.5bn in 2017, up 2% from 2016. However,IUMI says that, despite this increase, there is an increasing mismatch between income levels and covered risk when current premium levels are viewed in relation to covered risks and the impact of claims.

    AIRPlus | 25 Sep 2018
  • Global: ESG investments gaining among insurers

    ESG investing is growing in relevance across the insurance sector with 83% of insurers, led by European insurers, indicating the importance of ESG investment policies to their firms, according to BlackRock's seventh annual global survey.

    Asia | 25 Sep 2018
  • Global: Reinsurance market players are preparing for a marathon

    The reinsurance sector faces weak business conditions, even after modest price increases in 2018, says S&P Global Ratings which adds that this view remains unaltered even after it discussed reinsurance pricing and the latest market trends with reinsurers, insurers, brokers, and other market participants at the 62nd "Rendez-Vous de Septembre" in Monte Carlo this year.

    Asia | 25 Sep 2018
  • Report highlights climate change risks faced by insurance sector

    A report by the International Association of Insurance Supervisors (IAIS) and the Sustainable Insurance Forum (SIF) is being addressed as the 'first important review of climate risk by an international financial standard setting body' and may get the attention of the global insurance community.

    AIRPlus | 24 Sep 2018

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