Magazine

Read the latest edition of AIR and MEIR as an Interactive e-book

Feb 2021

Reinsurance


Property rate increases more moderate than predicted

The big three reinsurance brokers reported an orderly and rational January renewals despite the challenges posed by COVID-19 exposure.
 

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Glaring insurance gap for natural disasters seen in 2020

Global losses from natural disasters in 2020 came up to $210bn, of which $82bn were insured. Compared to 2019, both overall losses ($166bn) and insured losses ($57bn) were significantly higher than in the previous year.
 

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Role of reinsurance in reviving travel

COVID-19 has had a dramatic impact on the travel insurance market. Reinsurance will play an important role in helping the sector get back on its feet.
 

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Blockchain platform for complex reinsurance operations

Distributed ledger or blockchain is a powerful technology for the reinsurance industry to grow its business while creating greater material efficiencies compared with existing technology.
 

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