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Global tag returned 1834 results

  • QBE to appeal UK test case ruling

    Global insurer QBE is planning to appeal the UK test case judgement on whether business interruption policies should cover losses related to the COVID-19 pandemic.

    Asia | 24 Sep 2020
  • Reinsurer capital rebounds in second quarter after initial COVID-19 impact

    Reinsurer capital has rebounded to 2019 levels after an initial drop due to the impact of COVID-19, according to Aon's latest Reinsurance Aggregate (ARA) report.

    Asia | 24 Sep 2020
  • COVID-19 highlights weaknesses in insurers' enterprise risk management

    Although enterprise risk management (ERM) has evolved rapidly over the past decade, the COVID-19 pandemic has served to emphasise that (re)insurers still can be affected by "unknown unknowns" and "unexpected accumulations", according to a new AM Best Report.

    Asia | 24 Sep 2020
  • Marine cargo market improving despite challenges: IUMI

    The majority of marine cargo markets geographically are improving amid significant change driven by the unprecedented disruption caused by the COVID-19 pandemic, said IUMI Cargo Committee chair Sean Dalton at the IUMI annual conference.

    Asia | 24 Sep 2020
  • More insurers to collaborate with Big Tech post-COVID

    The post-COVID landscape could see increased collaboration among insurers, InsurTechs and BigTechs, according to a new study by Capgemini.

    Asia | 24 Sep 2020
  • Reinsurers may suffer capital event if COVID-19 losses are followed by a major catastrophe

    Being the midst of the peak hurricane season, many reinsurers will be desperately hoping that this will be a benign year for catastrophes given how balance sheets are already stretched due to the effects of COVID-19.

    AIRPlus | 24 Sep 2020
  • Global: Private households expected to have recouped 1Q20 financial losses

    Private households have been able to recoup their losses of the first quarter of this year and recorded a slight 1.5% increase in global financial assets by the end of the second quarter 2020 as bank deposits, fueled by generous public support schemes and precautionary savings, increased by a whopping 7.0%, says global insurer Allianz in its latest "Global Wealth Report".

    Asia | 24 Sep 2020
  • Global: Capital of top reinsurers rebounds to 2019 levels

    The capital base of the world's leading reinsurers has remained resilient, after a strong capital markets recovery in the second quarter of this year, says Aon's Reinsurance Aggregate (ARA) report. The capital has rebounded to 2019 levels.

    Asia | 24 Sep 2020
  • Sponsoring reforestation in Brazil's Atlantic Forest

    Zurich Insurance Group (Zurich) has agreed to sponsor a targeted, sustainable reforestation project in Brazil to convert barren farmland back into native forest that is rich in plant and animal life. The measure reflects the group's recognition of the importance of healthy ecosystems in the fight against climate change, as international bodies sound the alarm about the devastating effects of biodiversity loss.

    AIRPlus | 23 Sep 2020
  • IRM launches revised international diploma in risk management

    The Institute of Risk Management (IRM) has launched a revised version of the International Diploma in Risk Management. The market led revised version has been developed in conjunction with academics and leading risk management practitioners.

    Asia Risk | 23 Sep 2020