Emerging Markets
Where Can P/C Insurers Grow?
Property/casualty insurers on a mission to achieve strong growth over the next few years need to look beyond developed economies, a reinsurance broker advises in a new report. In the 10th edition of ...
Corporate ‘Giga’ Losses: An Avenue for P/C Premium Growth and Relevance
Opportunities for premium growth and for greater relevance are waiting to be tapped by insurers willing and able to cover corporate "giga losses" and take shares of U.S. mortgage credit risks, ...
Reinsurers at Monaco Meeting Question Pricey M&A in Wake of Amlin Deal
Global reinsurance executives who met in Monaco questioned whether a frenzy of mergers in Europe means buyers of Lloyd's of London insurance companies are paying too much. Deal-making will continue ...
Underinsurance of Property Risks is Growing Globally: Swiss Re Report
The underinsurance of property risk – particularly natural catastrophe risks – has risen steadily over the past 40 years, even though claims payments have increased significantly during that ...
New Product Alert: XL Catlin, Aon Benfield, AIR Worldwide and More
XL Catlin recently unveiled new commercial crime insurance for the U.S. market. The policy is available on a primary, excess and quota share basis with policy limits up to $25 million. It includes ...
Alibaba Invests $188M in Cathay Financial’s Insurance Division
Alibaba Group Holding Ltd.'s finance arm is strengthening its foothold in the insurance business with plans to invest about 1.2 billion yuan ($188 million) in a Chinese unit of Cathay Financial ...
Cyber Risks Poised to Become a $20 Billion Market: Allianz
Cyber risk remains a rapidly increasing problem with wide-ranging economic impact and cost. A new Allianz report illustrates how bad the situation has become, costing the global economy $445 billion ...
AIG, QBE, Allianz Vets Hired to Launch BHSI’s Construction Insurance in Australia
Berkshire Hathaway Specialty Insurance Co. is diving into the construction insurance market in Australia, and it has hired veterans of Munich Re, AIG, QBE and Allianz to help run it. BHSI is now ...