Emerging Markets
China Insurers Launch Investment Firm, Finance Russia Natural Gas Project
More than 40 Chinese insurance companies and asset managers have jointly started an investment firm, raising 40 billion yuan ($6 billion) for a first fund to finance energy and infrastructure ...
Natural Disaster Insurance Claims Plunged in 2015, but Climate Change Hurt: Munich Re
Insurers paid out around $27 billion for natural disaster claims last year with weather causing 94 percent of incidents, underscoring the challenge posed by climate change, data from reinsurer Munich ...
2016 Watch: Solvency II and Other International Issues You Should Care About
The global financial crisis is now seven years behind us and the property/casualty insurance industry and its regulation never faltered before, during or since. Yet, international pressure to ...
Zurich Insurance and the Other Top News Stories of 2015
What's ailing Zurich Insurance? That question was the focus of Carrier Management's top news story in 2015, a piece that drew enormous reader interest. Switzerland's largest insurer faced plenty of ...
ACE Outlines Post-Chubb-Merger Asia Pacific Exec Roster
ACE Group, in the final throes of a $28 billion merger deal with Chubb, has fleshed out the leadership team for its Asia Pacific commercial property/casualty arm. The new team will report, as ...
Chinese Insurer Scored Using Drones to Analyze Tianjin Explosion
When an explosion devastated parts of China's Tianjin port in August, one insurance company turned to Chinese-made drones to help analyze the rubble and estimate the damages. Comparing satellite ...
A.M. Best’s 2016 Forecast for Global Reinsurers: Negative
As A.M. Best sees it, the global reinsurance sector will continue to have a negative outlook heading into 2016. The reason, according to its latest briefing: major market challenges "that will hinder ...
Construction-Waste Site May Have Triggered Massive China Landslide
A landslide that left at least 91 people missing in southern China may have started from a man-made pile of earth and construction debris, an initial government investigation showed, drawing new ...